Amazon.com, Inc. (NASDAQ:AMZN) Holdings Increased by CMH Wealth Management LLC

CMH Wealth Management LLC grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,417 shares of the e-commerce giant’s stock after purchasing an additional 120 shares during the period. Amazon.com makes up about 4.3% of CMH Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. CMH Wealth Management LLC’s holdings in Amazon.com were worth $7,668,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pachira Investments Inc. grew its position in shares of Amazon.com by 4.3% during the second quarter. Pachira Investments Inc. now owns 120 shares of the e-commerce giant’s stock worth $227,000 after buying an additional 5 shares in the last quarter. West Oak Capital LLC grew its position in shares of Amazon.com by 0.3% during the second quarter. West Oak Capital LLC now owns 1,455 shares of the e-commerce giant’s stock worth $2,755,000 after buying an additional 5 shares in the last quarter. Dorsey Wright & Associates grew its position in shares of Amazon.com by 0.4% during the second quarter. Dorsey Wright & Associates now owns 1,476 shares of the e-commerce giant’s stock worth $2,795,000 after buying an additional 6 shares in the last quarter. RDA Financial Network grew its position in shares of Amazon.com by 0.8% during the second quarter. RDA Financial Network now owns 806 shares of the e-commerce giant’s stock worth $1,574,000 after buying an additional 6 shares in the last quarter. Finally, Altman Advisors Inc. boosted its holdings in Amazon.com by 0.3% in the second quarter. Altman Advisors Inc. now owns 1,962 shares of the e-commerce giant’s stock worth $3,715,000 after purchasing an additional 6 shares during the period. Institutional investors own 55.71% of the company’s stock.

In related news, Director Indra K. Nooyi acquired 100 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The shares were acquired at an average cost of $1,726.06 per share, for a total transaction of $172,606.00. Following the completion of the purchase, the director now directly owns 250 shares in the company, valued at $431,515. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Jeffrey M. Blackburn sold 7,144 shares of Amazon.com stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $1,791.40, for a total transaction of $12,797,761.60. Following the sale, the senior vice president now owns 56,011 shares in the company, valued at $100,338,105.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 22,443 shares of company stock worth $40,205,835. Company insiders own 16.10% of the company’s stock.

AMZN stock opened at $1,731.92 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 1.10. The stock has a market capitalization of $851.79 billion, a price-to-earnings ratio of 71.45, a PEG ratio of 2.19 and a beta of 1.54. Amazon.com, Inc. has a 1 year low of $1,307.00 and a 1 year high of $2,035.80. The stock’s fifty day moving average is $1,774.91 and its two-hundred day moving average is $1,847.16.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.29 by ($0.07). The company had revenue of $63.40 billion during the quarter, compared to the consensus estimate of $62.59 billion. Amazon.com had a net margin of 4.80% and a return on equity of 26.27%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.07 earnings per share. As a group, analysts predict that Amazon.com, Inc. will post 24.01 EPS for the current fiscal year.

A number of equities analysts have commented on the stock. Piper Jaffray Companies set a $2,225.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a report on Tuesday. Oppenheimer set a $2,100.00 price objective on shares of Amazon.com and gave the stock a “buy” rating in a report on Friday, July 26th. Wells Fargo & Co lifted their price objective on shares of Amazon.com from $2,200.00 to $2,300.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. Bank of America reaffirmed a “buy” rating and issued a $2,350.00 price objective (up previously from $2,300.00) on shares of Amazon.com in a report on Friday, July 26th. Finally, Deutsche Bank lifted their price objective on shares of Amazon.com from $2,315.00 to $2,515.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and thirty-nine have given a buy rating to the company’s stock. Amazon.com presently has a consensus rating of “Buy” and an average price target of $2,255.67.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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