Rothschild Capital Partners LLC increased its position in Amazon.com Inc. (NASDAQ:AMZN) by 27.0% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 11,165 shares of the e-commerce giant’s stock after buying an additional 2,374 shares during the period. Amazon.com makes up approximately 4.2% of Rothschild Capital Partners LLC’s holdings, making the stock its 6th largest position. Rothschild Capital Partners LLC’s holdings in Amazon.com were worth $7,990,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in AMZN. Kistler Tiffany Companies LLC boosted its position in Amazon.com by 906.7% in the second quarter. Kistler Tiffany Companies LLC now owns 151 shares of the e-commerce giant’s stock worth $108,000 after buying an additional 136 shares in the last quarter. West Oak Capital LLC boosted its position in shares of Amazon.com by 105.7% in the second quarter. West Oak Capital LLC now owns 216 shares of the e-commerce giant’s stock valued at $155,000 after buying an additional 111 shares during the period. Perkins Coie Trust Co boosted its position in shares of Amazon.com by 200.0% in the second quarter. Perkins Coie Trust Co now owns 225 shares of the e-commerce giant’s stock valued at $161,000 after buying an additional 150 shares during the period. Ironwood Investment Counsel LLC acquired a new position in shares of Amazon.com during the first quarter valued at about $203,000. Finally, Capital Asset Advisory Services LLC acquired a new position in shares of Amazon.com during the second quarter valued at about $205,000. Institutional investors and hedge funds own 65.44% of the company’s stock.
Amazon.com Inc. (NASDAQ:AMZN) traded up 1.55% on Wednesday, hitting $828.72. The stock had a trading volume of 4,422,078 shares. The company has a market cap of $392.87 billion, a PE ratio of 206.10 and a beta of 1.11. The company has a 50-day moving average of $775.67 and a 200 day moving average of $705.65. Amazon.com Inc. has a 12 month low of $474.00 and a 12 month high of $830.14.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 28th. The e-commerce giant reported $1.78 EPS for the quarter, topping the Zacks’ consensus estimate of $1.11 by $0.67. Amazon.com had a return on equity of 13.52% and a net margin of 1.60%. The firm earned $30.40 billion during the quarter, compared to the consensus estimate of $29.54 billion. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue was up 31.1% compared to the same quarter last year. On average, analysts predict that Amazon.com Inc. will post $5.81 EPS for the current fiscal year.
Several equities analysts have issued reports on AMZN shares. Robert W. Baird started coverage on shares of Amazon.com in a research report on Tuesday, May 31st. They issued a “buy” rating for the company. MKM Partners increased their price objective on shares of Amazon.com from $800.00 to $850.00 and gave the stock a “buy” rating in a research report on Wednesday, June 1st. Sanford C. Bernstein reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, June 2nd. Raymond James Financial Inc. reiterated a “buy” rating and set a $770.00 price objective on shares of Amazon.com in a research report on Wednesday, June 8th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $780.00 price objective on shares of Amazon.com in a research report on Tuesday, June 7th. Six equities research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $881.13.
In other Amazon.com news, insider Jeffrey M. Blackburn sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $760.98, for a total value of $7,609,800.00. Following the completion of the transaction, the insider now directly owns 55,887 shares of the company’s stock, valued at $42,528,889.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 14,000 shares of the business’s stock in a transaction that occurred on Thursday, September 22nd. The shares were sold at an average price of $800.00, for a total value of $11,200,000.00. Following the completion of the transaction, the chief executive officer now directly owns 68,141 shares of the company’s stock, valued at $54,512,800. The disclosure for this sale can be found here. 17.70% of the stock is 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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