Amazon.com, Inc. (AMZN) is Carnick & Kubik Group LLC’s 7th Largest Position

Carnick & Kubik Group LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,002 shares of the e-commerce giant’s stock after buying an additional 158 shares during the period. Amazon.com accounts for about 3.3% of Carnick & Kubik Group LLC’s holdings, making the stock its 7th biggest holding. Carnick & Kubik Group LLC’s holdings in Amazon.com were worth $2,906,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Leavell Investment Management Inc. increased its position in Amazon.com by 0.3% during the second quarter. Leavell Investment Management Inc. now owns 394 shares of the e-commerce giant’s stock worth $381,000 after purchasing an additional 1 shares during the last quarter. SeaBridge Investment Advisors LLC boosted its stake in Amazon.com by 0.4% during the second quarter. SeaBridge Investment Advisors LLC now owns 272 shares of the e-commerce giant’s stock worth $263,000 after buying an additional 1 shares during the period. Probity Advisors Inc. boosted its stake in Amazon.com by 0.6% during the second quarter. Probity Advisors Inc. now owns 320 shares of the e-commerce giant’s stock worth $310,000 after buying an additional 2 shares during the period. Beaumont Financial Partners LLC boosted its stake in Amazon.com by 0.6% during the first quarter. Beaumont Financial Partners LLC now owns 545 shares of the e-commerce giant’s stock worth $483,000 after buying an additional 3 shares during the period. Finally, Grimes & Company Inc. boosted its stake in Amazon.com by 0.4% during the second quarter. Grimes & Company Inc. now owns 744 shares of the e-commerce giant’s stock worth $720,000 after buying an additional 3 shares during the period. Institutional investors and hedge funds own 60.62% of the company’s stock.

AMZN has been the subject of several research analyst reports. TheStreet raised shares of Amazon.com from a “c+” rating to a “b-” rating in a research note on Tuesday. Jefferies Group LLC reissued a “buy” rating and issued a $1,250.00 price objective (up previously from $1,135.00) on shares of Amazon.com in a research note on Friday, July 28th. Maxim Group reissued a “buy” rating and issued a $1,300.00 price objective on shares of Amazon.com in a research note on Wednesday, July 26th. Cantor Fitzgerald reissued a “buy” rating and issued a $1,150.00 price objective on shares of Amazon.com in a research note on Wednesday, July 26th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $1,200.00 price objective on shares of Amazon.com in a research note on Friday, July 14th. Five investment analysts have rated the stock with a hold rating and forty-nine have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $1,142.08.

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In other Amazon.com news, Director Tom A. Alberg sold 1,860 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $1,109.20, for a total transaction of $2,063,112.00. Following the completion of the sale, the director now directly owns 18,460 shares in the company, valued at approximately $20,475,832. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total value of $431,601,618.30. Following the sale, the chief executive officer now owns 79,891,433 shares of the company’s stock, valued at $88,162,593,058.49. The disclosure for this sale can be found here. Insiders sold a total of 401,343 shares of company stock valued at $441,838,533 in the last quarter. 17.70% of the stock is currently owned by corporate insiders.

Shares of Amazon.com, Inc. (NASDAQ:AMZN) traded down $3.78 during mid-day trading on Friday, reaching $1,125.35. The company had a trading volume of 2,179,900 shares, compared to its average volume of 3,549,393. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. Amazon.com, Inc. has a fifty-two week low of $710.10 and a fifty-two week high of $1,135.54. The company has a market capitalization of $544,096.38, a PE ratio of 286.58, a P/E/G ratio of 14.08 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.57). Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The company had revenue of $43.74 billion during the quarter, compared to analyst estimates of $42.26 billion. During the same quarter last year, the business earned $0.52 EPS. The company’s revenue for the quarter was up 33.7% compared to the same quarter last year. sell-side analysts expect that Amazon.com, Inc. will post 4.26 EPS for the current year.

About Amazon.com

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 Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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