Jeffrey A. Wilke Sells 1,230 Shares of Amazon.com, Inc. (AMZN) Stock
Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeffrey A. Wilke sold 1,230 shares of Amazon.com stock in a transaction dated Tuesday, November 20th. The shares were sold at an average price of $1,506.94, for a total transaction of $1,853,536.20. The sale was disclosed in a filing with the SEC, which is available through this link.
Shares of AMZN stock traded up $21.27 during trading on Wednesday, reaching $1,516.73. The company’s stock had a trading volume of 5,708,572 shares, compared to its average volume of 5,431,982. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 0.63. The firm has a market cap of $739.46 billion, a PE ratio of 333.35, a P/E/G ratio of 2.89 and a beta of 1.70. Amazon.com, Inc. has a one year low of $1,124.74 and a one year high of $2,050.50.
Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.29 by $2.46. The firm had revenue of $56.58 billion for the quarter, compared to analyst estimates of $57.05 billion. Amazon.com had a net margin of 4.03% and a return on equity of 24.35%. On average, equities analysts predict that Amazon.com, Inc. will post 19.37 earnings per share for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in the stock. CLS Investments LLC raised its holdings in Amazon.com by 1,225.0% in the 3rd quarter. CLS Investments LLC now owns 53 shares of the e-commerce giant’s stock valued at $106,000 after buying an additional 49 shares during the last quarter. Spirit of America Management Corp NY bought a new position in Amazon.com in the 3rd quarter valued at approximately $110,000. Taylor Hoffman Wealth Management raised its holdings in Amazon.com by 192.3% in the 3rd quarter. Taylor Hoffman Wealth Management now owns 76 shares of the e-commerce giant’s stock valued at $152,000 after buying an additional 50 shares during the last quarter. Lee Financial Co raised its holdings in Amazon.com by 154.3% in the 1st quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock valued at $129,000 after buying an additional 54 shares during the last quarter. Finally, Lucia Wealth Services LLC raised its holdings in Amazon.com by 50.0% in the 2nd quarter. Lucia Wealth Services LLC now owns 90 shares of the e-commerce giant’s stock valued at $153,000 after buying an additional 30 shares during the last quarter. Institutional investors and hedge funds own 56.12% of the company’s stock.
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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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