Moreno Evelyn V Has $8.69 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Moreno Evelyn V lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 13.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,588 shares of the e-commerce giant’s stock after acquiring an additional 553 shares during the period. Amazon.com makes up about 2.6% of Moreno Evelyn V’s investment portfolio, making the stock its 9th largest holding. Moreno Evelyn V’s holdings in Amazon.com were worth $8,688,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Pachira Investments Inc. grew its position in Amazon.com by 4.3% in the second quarter. Pachira Investments Inc. now owns 120 shares of the e-commerce giant’s stock valued at $227,000 after purchasing an additional 5 shares in the last quarter. West Oak Capital LLC grew its position in Amazon.com by 0.3% in the second quarter. West Oak Capital LLC now owns 1,455 shares of the e-commerce giant’s stock valued at $2,755,000 after purchasing an additional 5 shares in the last quarter. Dorsey Wright & Associates grew its position in Amazon.com by 0.4% in the second quarter. Dorsey Wright & Associates now owns 1,476 shares of the e-commerce giant’s stock valued at $2,795,000 after purchasing an additional 6 shares in the last quarter. RDA Financial Network grew its position in Amazon.com by 0.8% in the second quarter. RDA Financial Network now owns 806 shares of the e-commerce giant’s stock valued at $1,574,000 after purchasing an additional 6 shares in the last quarter. Finally, Altman Advisors Inc. grew its position 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 valued at $3,715,000 after purchasing an additional 6 shares in the last quarter. 57.26% of the stock is owned by institutional investors.

In other news, CEO Jeffrey A. Wilke sold 3,475 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $1,773.99, for a total transaction of $6,164,615.25. Following the completion of the sale, the chief executive officer now owns 10,000 shares in the company, valued at approximately $17,739,900. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Shelley Reynolds sold 379 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $1,775.43, for a total transaction of $672,887.97. Following the sale, the vice president now owns 6,307 shares of the company’s stock, valued at approximately $11,197,637.01. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,570 shares of company stock valued at $27,690,021. 16.10% of the stock is currently owned by corporate insiders.

NASDAQ AMZN opened at $1,823.54 on Thursday. The firm has a 50-day moving average of $1,898.84 and a 200-day moving average of $1,817.79. 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 cap of $898.35 billion, a PE ratio of 90.54, a P/E/G ratio of 2.30 and a beta of 1.55. Amazon.com, Inc. has a 52-week low of $1,307.00 and a 52-week high of $2,050.50.

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 for the quarter, compared to analyst estimates of $62.59 billion. Amazon.com had a return on equity of 26.27% and a net margin of 4.80%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.07 EPS. As a group, analysts predict that Amazon.com, Inc. will post 24.52 EPS for the current fiscal year.

A number of research analysts recently weighed in on AMZN shares. BidaskClub downgraded shares of Amazon.com from a “hold” rating to a “sell” rating in a research report on Wednesday, August 14th. ValuEngine raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Tuesday, July 2nd. Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a research report on Friday, July 26th. Morgan Stanley reissued an “overweight” rating and issued a $2,300.00 price objective (up previously from $2,100.00) on shares of Amazon.com in a research report on Monday, July 15th. Finally, Benchmark reissued a “buy” rating and issued a $2,300.00 price objective on shares of Amazon.com in a research report on Friday, July 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and forty-two have assigned a buy rating to the company’s stock. Amazon.com has an average rating of “Buy” and a consensus target price of $2,251.95.

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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