HM Capital Management LLC Acquires 78 Shares of Amazon.com, Inc. (AMZN)

HM Capital Management LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,430 shares of the e-commerce giant’s stock after purchasing an additional 78 shares during the quarter. Amazon.com accounts for approximately 1.3% of HM Capital Management LLC’s portfolio, making the stock its 12th largest position. HM Capital Management LLC’s holdings in Amazon.com were worth $1,384,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Osborn Williams & Donohoe LLC grew its stake in shares of Amazon.com by 1.1% in the 2nd quarter. Osborn Williams & Donohoe LLC now owns 915 shares of the e-commerce giant’s stock worth $886,000 after acquiring an additional 10 shares in the last quarter. Reinhart Partners Inc. grew its stake in shares of Amazon.com by 66.8% in the 1st quarter. Reinhart Partners Inc. now owns 789 shares of the e-commerce giant’s stock worth $699,000 after acquiring an additional 316 shares in the last quarter. Hengehold Capital Management LLC grew its stake in shares of Amazon.com by 3.5% in the 1st quarter. Hengehold Capital Management LLC now owns 384 shares of the e-commerce giant’s stock worth $340,000 after acquiring an additional 13 shares in the last quarter. Boston Advisors LLC grew its stake in shares of Amazon.com by 11.8% in the 1st quarter. Boston Advisors LLC now owns 95,063 shares of the e-commerce giant’s stock worth $84,277,000 after acquiring an additional 10,014 shares in the last quarter. Finally, CAPROCK Group Inc. grew its stake in shares of Amazon.com by 9.2% in the 1st quarter. CAPROCK Group Inc. now owns 3,529 shares of the e-commerce giant’s stock worth $3,129,000 after acquiring an additional 298 shares in the last quarter. Institutional investors and hedge funds own 60.80% of the company’s stock.

Shares of Amazon.com, Inc. (NASDAQ:AMZN) traded up 0.42% on Tuesday, reaching $982.09. The company’s stock had a trading volume of 1,450,663 shares. The firm has a 50 day moving average price of $981.92 and a 200-day moving average price of $946.48. The stock has a market cap of $471.78 billion, a PE ratio of 249.77 and a beta of 1.47. Amazon.com, Inc. has a 12-month low of $710.10 and a 12-month high of $1,083.31.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($1.00). The firm had revenue of $37.96 billion during the quarter, compared to analyst estimates of $37.18 billion. Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The firm’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.78 earnings per share. Equities research analysts expect that Amazon.com, Inc. will post $3.99 EPS for the current year.

In other news, CEO Jeffrey A. Wilke sold 2,800 shares of the stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $955.20, for a total value of $2,674,560.00. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $9,552,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey A. Wilke sold 710 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $987.39, for a total value of $701,046.90. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $9,873,900. The disclosure for this sale can be found here. Insiders sold 9,793 shares of company stock worth $9,574,377 over the last three months. Corporate insiders own 17.70% of the company’s stock.

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Several analysts have recently issued reports on AMZN shares. Instinet reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, June 2nd. Jefferies Group LLC reiterated a “buy” rating and issued a $1,150.00 target price on shares of Amazon.com in a research note on Thursday, June 1st. Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Amazon.com in a research note on Monday, May 29th. Loop Capital reiterated a “buy” rating and issued a $1,100.00 target price on shares of Amazon.com in a research note on Friday, May 19th. Finally, Aegis reiterated a “buy” rating on shares of Amazon.com in a research note on Monday, May 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, forty-six have given a buy rating and two have assigned a strong buy rating to the company. Amazon.com presently has an average rating of “Buy” and an average price target of $1,092.58.

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

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

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