Amazon.com, Inc. (AMZN) Director Sells $952,500.00 in Stock
Amazon.com, Inc. (NASDAQ:AMZN) Director Judith A. Mcgrath sold 500 shares of the stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $1,905.00, for a total transaction of $952,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of AMZN traded down $4.30 during trading hours on Friday, hitting $1,882.22. 4,092,600 shares of the stock were exchanged, compared to its average volume of 5,070,122. Amazon.com, Inc. has a fifty-two week low of $931.75 and a fifty-two week high of $1,925.00. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The stock has a market cap of $920.03 billion, a PE ratio of 411.19, a price-to-earnings-growth ratio of 4.12 and a beta of 1.60.
Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.49 by $2.58. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The company had revenue of $52.89 billion during the quarter, compared to analysts’ expectations of $53.37 billion. During the same period in the prior year, the company posted $0.40 earnings per share. Amazon.com’s revenue for the quarter was up 39.3% compared to the same quarter last year. sell-side analysts anticipate that Amazon.com, Inc. will post 17.27 EPS for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the company. Ledyard National Bank grew its holdings in Amazon.com by 1.3% in the fourth quarter. Ledyard National Bank now owns 7,922 shares of the e-commerce giant’s stock worth $9,265,000 after purchasing an additional 100 shares during the period. FinTrust Investment Advisory Services LLC grew its holdings in Amazon.com by 16.0% in the fourth quarter. FinTrust Investment Advisory Services LLC now owns 930 shares of the e-commerce giant’s stock worth $1,088,000 after purchasing an additional 128 shares during the period. Sutton Square Management L.P. acquired a new stake in Amazon.com in the fourth quarter worth $9,707,000. Matisse Capital grew its holdings in Amazon.com by 12.9% in the fourth quarter. Matisse Capital now owns 613 shares of the e-commerce giant’s stock worth $717,000 after purchasing an additional 70 shares during the period. Finally, Dimension Capital Management LLC grew its holdings in Amazon.com by 14.8% in the fourth quarter. Dimension Capital Management LLC now owns 419 shares of the e-commerce giant’s stock worth $490,000 after purchasing an additional 54 shares during the period. Institutional investors own 57.13% of the company’s stock.
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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