Mitchell Sinkler & Starr PA purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 381 shares of the e-commerce giant’s stock, valued at approximately $648,000.

Several other large investors also recently modified their holdings of the company. Trust Co. of Vermont lifted its stake in shares of Amazon.com by 1.0% in the 2nd quarter. Trust Co. of Vermont now owns 14,938 shares of the e-commerce giant’s stock worth $25,392,000 after acquiring an additional 150 shares during the period. Montrusco Bolton Investments Inc. lifted its stake in Amazon.com by 12.4% during the second quarter. Montrusco Bolton Investments Inc. now owns 11,998 shares of the e-commerce giant’s stock valued at $20,364,000 after purchasing an additional 1,327 shares during the last quarter. Trust Co lifted its stake in Amazon.com by 4.5% during the first quarter. Trust Co now owns 1,286 shares of the e-commerce giant’s stock valued at $1,861,000 after purchasing an additional 55 shares during the last quarter. Private Asset Management Inc. lifted its stake in Amazon.com by 13.4% during the second quarter. Private Asset Management Inc. now owns 5,155 shares of the e-commerce giant’s stock valued at $7,461,000 after purchasing an additional 611 shares during the last quarter. Finally, Investment House LLC lifted its stake in Amazon.com by 0.4% during the second quarter. Investment House LLC now owns 16,105 shares of the e-commerce giant’s stock valued at $27,375,000 after purchasing an additional 61 shares during the last quarter. 57.32% of the stock is owned by institutional investors.

Several analysts recently commented on the stock. Nomura reissued a “buy” rating on shares of Amazon.com in a research note on Friday, July 27th. Canaccord Genuity increased their target price on shares of Amazon.com from $2,000.00 to $2,100.00 and gave the company a “buy” rating in a research note on Friday, July 27th. Morgan Stanley reissued a “buy” rating on shares of Amazon.com in a research note on Wednesday, July 11th. Macquarie reissued a “buy” rating on shares of Amazon.com in a research note on Friday, July 27th. Finally, Barclays reissued a “buy” rating and set a $1,870.00 target price on shares of Amazon.com in a research note on Friday, July 27th. One research analyst has rated the stock with a hold rating and fifty-one have assigned a buy rating to the stock. Amazon.com currently has an average rating of “Buy” and a consensus price target of $1,976.73.

Shares of NASDAQ:AMZN opened at $1,908.03 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 0.78. The company has a market capitalization of $960.94 billion, a P/E ratio of 178.78, a PEG ratio of 4.11 and a beta of 1.60. Amazon.com, Inc. has a 52 week low of $931.75 and a 52 week 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, beating the Thomson Reuters’ consensus estimate of $2.49 by $2.58. The firm had revenue of $52.89 billion for the quarter, compared to analyst estimates of $53.37 billion. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The company’s revenue for the quarter was up 39.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.40 EPS. research analysts expect that Amazon.com, Inc. will post 17.77 earnings per share for the current year.

In other Amazon.com news, SVP David Zapolsky sold 1,927 shares of the company’s 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 owns 3,161 shares in the company, valued at approximately $6,005,773.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 1,726 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $1,900.00, for a total transaction of $3,279,400.00. Following the completion of the transaction, the chief executive officer now owns 88,801 shares in the company, valued at approximately $168,721,900. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,308 shares of company stock worth $47,905,498. Company insiders own 16.30% of the company’s stock.

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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