1,954 Shares in Amazon.com, Inc. (AMZN) Acquired by Bishop Rock Capital L.P.
Bishop Rock Capital L.P. purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,954 shares of the e-commerce giant’s stock, valued at approximately $1,878,000. Amazon.com makes up approximately 1.3% of Bishop Rock Capital L.P.’s portfolio, making the stock its 24th largest holding.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC grew its stake in Amazon.com by 0.3% during the 2nd quarter. Venturi Wealth Management LLC now owns 632 shares of the e-commerce giant’s stock worth $612,000 after buying an additional 2 shares during the last quarter. Regis Management CO LLC grew its stake in Amazon.com by 0.9% during the 2nd quarter. Regis Management CO LLC now owns 231 shares of the e-commerce giant’s stock worth $224,000 after buying an additional 2 shares during the last quarter. Hall Capital Management Co. Inc. grew its stake in Amazon.com by 0.8% during the 2nd quarter. Hall Capital Management Co. Inc. now owns 403 shares of the e-commerce giant’s stock worth $390,000 after buying an additional 3 shares during the last quarter. Noesis Capital Mangement Corp grew its stake in Amazon.com by 0.8% during the 2nd quarter. Noesis Capital Mangement Corp now owns 505 shares of the e-commerce giant’s stock worth $489,000 after buying an additional 4 shares during the last quarter. Finally, American Asset Management Inc. grew its stake in Amazon.com by 0.8% during the 2nd quarter. American Asset Management Inc. now owns 596 shares of the e-commerce giant’s stock worth $577,000 after buying an additional 5 shares during the last quarter. 59.31% of the stock is owned by hedge funds and other institutional investors.
In other Amazon.com news, CEO Jeffrey A. Wilke sold 250 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $1,518.47, for a total transaction of $379,617.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chief Executive Officer of Worldwide Consumer Jeffrey A. Wilke sold 2,800 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $1,160.34, for a total value of $3,248,952.00. Following the transaction, the insider now directly owns 10,000 shares of the company’s stock, valued at approximately $11,603,400. The disclosure for this sale can be found here. Insiders have sold 8,264 shares of company stock valued at $11,323,672 in the last three months. Insiders own 17.70% of the company’s stock.
Amazon.com, Inc. (NASDAQ AMZN) opened at $1,500.25 on Friday. Amazon.com, Inc. has a fifty-two week low of $833.50 and a fifty-two week high of $1,528.70. The company has a market capitalization of $729,590.00, a P/E ratio of 327.57, a price-to-earnings-growth ratio of 6.65 and a beta of 1.54. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89.
Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.31. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The business had revenue of $60.45 billion during the quarter, compared to analysts’ expectations of $59.85 billion. During the same quarter in the prior year, the firm earned $1.54 earnings per share. The business’s revenue was up 38.2% compared to the same quarter last year. equities research analysts expect that Amazon.com, Inc. will post 8.49 EPS for the current fiscal year.
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Amazon.com Company Profile
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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