UBP Investment Advisors SA purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, HoldingsChannel reports. The institutional investor purchased 195 shares of the e-commerce giant’s stock, valued at approximately $329,000.

Several other large investors have also made changes to their positions in the company. Taylor Hoffman Wealth Management purchased a new stake in Amazon.com during the fourth quarter valued at $108,000. Santori & Peters Inc. purchased a new stake in Amazon.com during the fourth quarter valued at $121,000. Lee Financial Co increased its position in Amazon.com by 154.3% during the first quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock valued at $129,000 after acquiring an additional 54 shares during the last quarter. Point72 Asia Hong Kong Ltd purchased a new stake in Amazon.com during the first quarter valued at $145,000. Finally, University of Texas Investment Managment Co. purchased a new stake in Amazon.com during the fourth quarter valued at $164,000. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Thomas O. Ryder sold 5,000 shares of the stock in a transaction that occurred on Wednesday, August 1st. The stock was sold at an average price of $1,783.81, for a total transaction of $8,919,050.00. Following the completion of the transaction, the director now directly owns 10,752 shares of the company’s stock, valued at $19,179,525.12. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 1,927 shares of the stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $1,899.96, for a total value of $3,661,222.92. Following the transaction, the senior vice president now directly owns 3,161 shares of the company’s stock, valued at $6,005,773.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,308 shares of company stock valued at $47,905,498. Corporate insiders own 16.30% of the company’s stock.

A number of research firms recently commented on AMZN. Nomura reiterated a “buy” rating on shares of Amazon.com in a research report on Friday, July 27th. Canaccord Genuity upped their price objective on Amazon.com from $2,000.00 to $2,100.00 and gave the company a “buy” rating in a research report on Friday, July 27th. Morgan Stanley restated a “buy” rating on shares of Amazon.com in a research report on Wednesday, July 11th. Macquarie restated a “buy” rating on shares of Amazon.com in a research report on Friday, July 27th. Finally, Barclays restated a “buy” rating and issued a $1,870.00 price target on shares of Amazon.com in a research report on Friday, July 27th. One analyst has rated the stock with a hold rating and fifty-one have assigned a buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $1,976.73.

NASDAQ AMZN opened at $1,970.19 on Friday. The stock has a market capitalization of $970.60 billion, a PE ratio of 180.58, a price-to-earnings-growth ratio of 4.15 and a beta of 1.60. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 0.78. Amazon.com, Inc. has a twelve month low of $931.75 and a twelve month high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share for the quarter, topping analysts’ consensus estimates of $2.49 by $2.58. The firm had revenue of $52.89 billion during the quarter, compared to analyst estimates of $53.37 billion. Amazon.com had a return on equity of 18.47% and a net margin of 3.02%. The business’s quarterly revenue was up 39.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.40 earnings per share. equities research analysts predict that Amazon.com, Inc. will post 17.77 earnings per share for the current fiscal year.

Amazon.com 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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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