Thompson Siegel & Walmsley LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 620.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,219 shares of the e-commerce giant’s stock after buying an additional 1,911 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Amazon.com were worth $1,664,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently added to or reduced their stakes in AMZN. Sunbelt Securities Inc. boosted its position in Amazon.com by 9.9% in the fourth quarter. Sunbelt Securities Inc. now owns 620 shares of the e-commerce giant’s stock valued at $465,000 after buying an additional 56 shares during the last quarter. Fiduciary Financial Services of The Southwest Inc. TX boosted its position in Amazon.com by 8.2% in the fourth quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 3,793 shares of the e-commerce giant’s stock valued at $2,844,000 after buying an additional 289 shares during the last quarter. Axiom International Investors LLC DE boosted its position in Amazon.com by 13.6% in the fourth quarter. Axiom International Investors LLC DE now owns 100,545 shares of the e-commerce giant’s stock valued at $75,396,000 after buying an additional 12,046 shares during the last quarter. Sii Investments Inc. WI boosted its position in Amazon.com by 15.6% in the fourth quarter. Sii Investments Inc. WI now owns 2,469 shares of the e-commerce giant’s stock valued at $1,842,000 after buying an additional 334 shares during the last quarter. Finally, Good Life Advisors LLC bought a new position in Amazon.com during the fourth quarter valued at approximately $386,000. Hedge funds and other institutional investors own 65.08% of the company’s stock.
Shares of Amazon.com, Inc. (NASDAQ:AMZN) opened at 856.97 on Tuesday. The company has a market cap of $408.92 billion, a price-to-earnings ratio of 174.89 and a beta of 1.40. The firm’s 50-day moving average is $841.00 and its 200-day moving average is $801.26. Amazon.com, Inc. has a one year low of $538.58 and a one year high of $860.86.
Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 2nd. The e-commerce giant reported $1.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.35 by $0.19. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. The company earned $43.74 billion during the quarter, compared to the consensus estimate of $44.66 billion. During the same quarter last year, the firm earned $1.00 earnings per share. The company’s revenue was up 22.4% on a year-over-year basis. Analysts expect that Amazon.com, Inc. will post $7.18 EPS for the current fiscal year.
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Several equities analysts recently commented on the stock. Vetr cut shares of Amazon.com from a “buy” rating to a “hold” rating and set a $885.64 target price for the company. in a research note on Monday. Pacific Crest cut their target price on shares of Amazon.com from $905.00 to $895.00 and set an “overweight” rating for the company in a research note on Friday. Aegis reiterated a “buy” rating on shares of Amazon.com in a research note on Wednesday, March 15th. Cantor Fitzgerald reiterated an “overweight” rating and set a $965.00 target price on shares of Amazon.com in a research note on Monday, March 13th. Finally, William Blair reiterated a “buy” rating on shares of Amazon.com in a research note on Saturday, March 11th. Six analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $939.08.
In other news, Director Tom A. Alberg sold 590 shares of Amazon.com stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total transaction of $501,500.00. Following the completion of the sale, the director now owns 22,525 shares of the company’s stock, valued at $19,146,250. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Zapolsky sold 503 shares of Amazon.com stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total value of $427,550.00. Following the sale, the insider now directly owns 2,523 shares of the company’s stock, valued at approximately $2,144,550. The disclosure for this sale can be found here. 17.70% of the stock is currently owned by company insiders.
Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).
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