Amazon.com, Inc. (AMZN) Position Maintained by Goodwin Daniel L

Goodwin Daniel L continued to hold its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 300 shares of the e-commerce giant’s stock at the end of the first quarter. Goodwin Daniel L’s holdings in Amazon.com were worth $266,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in AMZN. Sonata Capital Group Inc. raised its stake in shares of Amazon.com by 7.5% in the first quarter. Sonata Capital Group Inc. now owns 2,082 shares of the e-commerce giant’s stock valued at $1,846,000 after buying an additional 145 shares during the period. Advisory Services Network LLC bought a new stake in shares of Amazon.com during the first quarter valued at about $8,375,000. SPC Financial Inc. bought a new stake in shares of Amazon.com during the first quarter valued at about $225,000. Wright Investors Service Inc. raised its stake in shares of Amazon.com by 5.3% in the first quarter. Wright Investors Service Inc. now owns 4,119 shares of the e-commerce giant’s stock valued at $3,652,000 after buying an additional 208 shares during the period. Finally, Advisor Partners LLC raised its stake in shares of Amazon.com by 14.0% in the first quarter. Advisor Partners LLC now owns 6,725 shares of the e-commerce giant’s stock valued at $5,962,000 after buying an additional 824 shares during the period. Institutional investors and hedge funds own 62.17% of the company’s stock.

Shares of Amazon.com, Inc. (AMZN) opened at 989.84 on Wednesday. Amazon.com, Inc. has a 52 week low of $710.10 and a 52 week high of $1,083.31. The company has a 50 day moving average price of $1,000.69 and a 200 day moving average price of $920.11. The company has a market cap of $475.50 billion, a PE ratio of 251.74 and a beta of 1.48.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.40 by $1.00. The firm had revenue of $37.96 billion for the quarter, compared to the consensus estimate of $37.18 billion. Amazon.com had a return on equity of 9.38% and a net margin of 1.28%. The firm’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.78 earnings per share. On average, equities analysts expect that Amazon.com, Inc. will post $3.84 earnings per share for the current year.

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Several brokerages have recently issued reports on AMZN. Mizuho reiterated a “buy” rating and issued a $1,250.00 target price on shares of Amazon.com in a research report on Monday. BidaskClub lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Cantor Fitzgerald reiterated an “overweight” rating on shares of Amazon.com in a research report on Tuesday, August 1st. Vetr upgraded shares of Amazon.com from a “buy” rating to a “strong-buy” rating and set a $1,134.58 price target on the stock in a research report on Monday, July 31st. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Amazon.com in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $1,065.61.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,670 shares of the firm’s stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $1,010.64, for a total value of $2,698,408.80. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $10,106,400. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Tom A. Alberg sold 800 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $1,000.00, for a total value of $800,000.00. Following the completion of the transaction, the director now owns 20,320 shares of the company’s stock, valued at $20,320,000. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,890 shares of company stock valued at $10,800,023. 17.70% of the stock is owned by corporate insiders.

Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.