Grandeur Peak Global Advisors LLC Sells 300 Shares of Amazon.com, Inc. (AMZN)
Grandeur Peak Global Advisors LLC lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 30.0% in the third quarter, Holdings Channel reports. The fund owned 700 shares of the e-commerce giant’s stock after selling 300 shares during the period. Grandeur Peak Global Advisors LLC’s holdings in Amazon.com were worth $673,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Whitnell & Co. raised its position in shares of Amazon.com by 581.3% during the third quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock worth $105,000 after acquiring an additional 93 shares during the last quarter. Vestor Capital LLC raised its position in shares of Amazon.com by 10.1% during the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after acquiring an additional 10 shares during the last quarter. Mountain Capital Investment Advisors Inc bought a new stake in shares of Amazon.com during the second quarter worth $121,000. Lee Financial Co raised its position in shares of Amazon.com by 285.7% during the third quarter. Lee Financial Co now owns 135 shares of the e-commerce giant’s stock worth $130,000 after acquiring an additional 100 shares during the last quarter. Finally, Stelac Advisory Services LLC bought a new stake in shares of Amazon.com during the third quarter worth $131,000. Institutional investors own 59.31% of the company’s stock.
In related news, Chief Executive Officer of Worldwide Consumer Jeffrey A. Wilke sold 2,800 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $1,160.34, for a total transaction of $3,248,952.00. Following the sale, the insider now owns 10,000 shares in the company, valued at $11,603,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey A. Wilke sold 250 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $1,518.47, for a total value of $379,617.50. The disclosure for this sale can be found here. Insiders have sold 8,264 shares of company stock worth $11,323,672 in the last quarter. 17.70% of the stock is currently owned by corporate insiders.
Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,500.25 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $726,281.50, a PE ratio of 243.94, a PEG ratio of 6.60 and a beta of 1.54. Amazon.com, Inc. has a 52-week low of $833.50 and a 52-week high of $1,528.70.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $59.85 billion. During the same quarter in the prior year, the company posted $1.54 earnings per share. Amazon.com’s revenue was up 38.2% on a year-over-year basis. research analysts anticipate that Amazon.com, Inc. will post 8.49 EPS for the current fiscal year.
TRADEMARK VIOLATION WARNING: This report was first published by Daily Political and is owned by of Daily Political. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at https://www.dailypolitical.com/2018/03/04/grandeur-peak-global-advisors-llc-sells-300-shares-of-amazon-com-inc-amzn.html.
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.
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN).
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.