Picton Mahoney Asset Management Increases Position in Amazon.com (AMZN)
Picton Mahoney Asset Management increased its holdings in Amazon.com (NASDAQ:AMZN) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,645 shares of the e-commerce giant’s stock after purchasing an additional 935 shares during the period. Amazon.com makes up about 0.9% of Picton Mahoney Asset Management’s investment portfolio, making the stock its 24th largest position. Picton Mahoney Asset Management’s holdings in Amazon.com were worth $34,668,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. Whitnell & Co. increased its position in Amazon.com by 581.3% during the third quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock valued at $105,000 after acquiring an additional 93 shares during the last quarter. Vestor Capital LLC increased its position in Amazon.com by 10.1% during the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock valued at $106,000 after acquiring an additional 10 shares during the last quarter. Portfolio Solutions LLC bought a new position in Amazon.com during the fourth quarter valued at $119,000. Endurance Wealth Management Inc. increased its position in Amazon.com by 90.9% during the fourth quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock valued at $123,000 after acquiring an additional 50 shares during the last quarter. Finally, Oak Point Wealth Management purchased a new stake in shares of Amazon.com during the fourth quarter valued at $125,000. Institutional investors own 60.24% of the company’s stock.
In other news, VP Shelley Reynolds sold 544 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $1,462.32, for a total transaction of $795,502.08. Following the transaction, the vice president now owns 6,533 shares in the company, valued at approximately $9,553,336.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,454.37, for a total value of $2,908,740.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,214 shares of company stock worth $9,251,120. Insiders own 17.70% of the company’s stock.
Amazon.com stock opened at $1,572.62 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04. Amazon.com has a 12 month low of $924.33 and a 12 month high of $1,638.10. The company has a market capitalization of $708,138.31, a price-to-earnings ratio of 345.63, a P/E/G ratio of 6.30 and a beta of 1.59.
Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, April 26th. The e-commerce giant reported $3.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $1.47. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The business had revenue of $51.04 billion for the quarter, compared to analyst estimates of $49.94 billion. During the same quarter in the prior year, the firm posted $1.48 EPS. The business’s quarterly revenue was up 42.9% compared to the same quarter last year. sell-side analysts expect that Amazon.com will post 8.65 earnings per share for the current year.
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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