Daniel P. Huttenlocher Sells 181 Shares of Amazon.com, Inc. (AMZN) Stock
Amazon.com, Inc. (NASDAQ:AMZN) Director Daniel P. Huttenlocher sold 181 shares of the company’s stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $1,579.89, for a total value of $285,960.09. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
NASDAQ AMZN traded down $81.12 on Monday, reaching $1,512.29. The company had a trading volume of 7,725,987 shares, compared to its average volume of 5,406,286. The firm has a market capitalization of $779.13 billion, a P/E ratio of 332.37, a PEG ratio of 3.05 and a beta of 1.70. Amazon.com, Inc. has a 52-week low of $1,122.55 and a 52-week high of $2,050.50. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 0.63.
Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $3.29 by $2.46. The business had revenue of $56.58 billion during the quarter, compared to analyst estimates of $57.05 billion. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. As a group, sell-side analysts predict that Amazon.com, Inc. will post 19.37 EPS for the current fiscal year.
A number of large investors have recently made changes to their positions in AMZN. Guidant Wealth Advisors grew its stake in shares of Amazon.com by 657.4% during the 2nd quarter. Guidant Wealth Advisors now owns 409 shares of the e-commerce giant’s stock worth $100,000 after acquiring an additional 355 shares during the period. CLS Investments LLC grew its stake in shares of Amazon.com by 1,225.0% during the 3rd quarter. CLS Investments LLC now owns 53 shares of the e-commerce giant’s stock worth $106,000 after acquiring an additional 49 shares during the period. Spirit of America Management Corp NY bought a new position in shares of Amazon.com during the 3rd quarter worth $110,000. Lee Financial Co grew its stake in shares of Amazon.com by 154.3% during the 1st quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock worth $129,000 after acquiring an additional 54 shares during the period. Finally, Point72 Asia Hong Kong Ltd bought a new position in shares of Amazon.com during the 1st quarter worth $145,000. Hedge funds and other institutional investors own 56.12% of the company’s stock.
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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 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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