WS Management Lllp decreased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 14.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,539 shares of the e-commerce giant’s stock after selling 739 shares during the period. Amazon.com makes up 0.6% of WS Management Lllp’s investment portfolio, making the stock its 29th largest holding. WS Management Lllp’s holdings in Amazon.com were worth $8,595,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Thoroughbred Financial Services LLC raised its position in Amazon.com by 191,406.0% during the second quarter. Thoroughbred Financial Services LLC now owns 9,307,191 shares of the e-commerce giant’s stock worth $930,719,000 after acquiring an additional 9,302,331 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Amazon.com by 1.2% in the second quarter. Northern Trust Corp now owns 4,997,392 shares of the e-commerce giant’s stock valued at $9,463,210,000 after purchasing an additional 57,712 shares during the period. Baillie Gifford & Co. boosted its stake in shares of Amazon.com by 0.9% in the second quarter. Baillie Gifford & Co. now owns 4,449,842 shares of the e-commerce giant’s stock valued at $8,426,354,000 after purchasing an additional 41,699 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Amazon.com by 3.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,764,835 shares of the e-commerce giant’s stock valued at $3,341,945,000 after purchasing an additional 52,338 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of Amazon.com by 3.2% in the second quarter. Fisher Asset Management LLC now owns 1,721,602 shares of the e-commerce giant’s stock valued at $3,260,079,000 after purchasing an additional 53,132 shares during the period. Hedge funds and other institutional investors own 55.92% of the company’s stock.

Shares of Amazon.com stock traded up $20.56 on Thursday, reaching $1,843.55. 2,655,264 shares of the company were exchanged, compared to its average volume of 4,237,309. Amazon.com, Inc. has a one year low of $1,307.00 and a one year high of $2,035.80. The company has a market capitalization of $905.89 billion, a price-to-earnings ratio of 91.54, a PEG ratio of 2.37 and a beta of 1.57. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average of $1,820.31 and a 200 day moving average of $1,836.05.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share for the quarter, missing analysts’ consensus estimates of $5.29 by ($0.07). The business 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 firm’s revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.07 earnings per share. Analysts predict that Amazon.com, Inc. will post 24.01 earnings per share for the current year.

Several research analysts have recently weighed in on the stock. Loop Capital set a $2,380.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Monday, July 15th. Morgan Stanley restated 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 note on Monday, July 15th. Wedbush restated a “buy” rating and issued a $2,350.00 price objective on shares of Amazon.com in a research note on Monday, July 22nd. ValuEngine upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Tuesday, July 2nd. Finally, Deutsche Bank raised 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 research note on Monday, July 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and forty-two have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $2,259.84.

In related news, SVP Jeffrey M. Blackburn sold 7,144 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $1,791.40, for a total transaction of $12,797,761.60. Following the transaction, the senior vice president now directly owns 56,011 shares of the company’s stock, valued at approximately $100,338,105.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 7,308 shares of the business’s stock in a transaction that occurred on Wednesday, July 10th. The stock was sold at an average price of $2,000.00, for a total value of $14,616,000.00. Following the transaction, the chief executive officer now directly owns 92,614 shares in the company, valued at $185,228,000. The disclosure for this sale can be found here. Insiders have sold a total of 27,714 shares of company stock worth $51,174,807 over the last three months. 16.10% of the stock is owned by insiders.

Amazon.com Company Profile

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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