Saturna Capital CORP Has $1.40 Million Stake in Amazon.com, Inc. (AMZN)

Saturna Capital CORP lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,574 shares of the e-commerce giant’s stock after purchasing an additional 10 shares during the quarter. Saturna Capital CORP’s holdings in Amazon.com were worth $1,395,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Stillwater Capital Advisors LLC lifted its position in shares of Amazon.com by 0.4% during the 1st quarter. Stillwater Capital Advisors LLC now owns 526 shares of the e-commerce giant’s stock worth $466,000 after buying an additional 2 shares during the last quarter. Beese Fulmer Investment Management Inc. lifted its position in shares of Amazon.com by 0.7% during the 1st quarter. Beese Fulmer Investment Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $256,000 after buying an additional 2 shares during the last quarter. Round Table Services LLC lifted its position in shares of Amazon.com by 0.3% during the 1st quarter. Round Table Services LLC now owns 701 shares of the e-commerce giant’s stock worth $621,000 after buying an additional 2 shares during the last quarter. Naples Global Advisors LLC lifted its position in shares of Amazon.com by 0.3% during the 1st quarter. Naples Global Advisors LLC now owns 1,078 shares of the e-commerce giant’s stock worth $956,000 after buying an additional 3 shares during the last quarter. Finally, Beaumont Financial Partners LLC lifted its position in shares of Amazon.com by 0.6% during the 1st 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 last quarter. 60.80% of the stock is currently owned by institutional investors.

In related news, CEO Jeffrey A. Wilke sold 710 shares of Amazon.com stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $981.74, for a total value of $697,035.40. Following the completion of the transaction, the chief executive officer now owns 15,312 shares in the company, valued at $15,032,402.88. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,800 shares of Amazon.com 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 completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $9,552,000. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,793 shares of company stock valued at $9,574,377. 17.70% of the stock is currently owned by company insiders.

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Several analysts recently weighed in on the company. UBS AG restated a “buy” rating and set a $1,100.00 price objective on shares of Amazon.com in a research report on Wednesday, June 21st. Cowen and Company restated an “outperform” rating and set a $1,125.00 price objective on shares of Amazon.com in a research report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) restated a “conviction-buy” rating and set a $1,275.00 price objective on shares of Amazon.com in a research report on Wednesday, August 9th. Piper Jaffray Companies restated an “overweight” rating and set a $1,200.00 price objective on shares of Amazon.com in a research report on Thursday, August 10th. Finally, Royal Bank Of Canada set a $1,100.00 price objective on Amazon.com and gave the stock a “buy” rating in a research report on Monday. One analyst has rated the stock with a sell rating, three have assigned a hold rating, forty-six have issued a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $1,092.58.

Amazon.com, Inc. (NASDAQ AMZN) traded up 0.30% during midday trading on Tuesday, hitting $980.90. The stock had a trading volume of 1,285,889 shares. The company has a market capitalization of $471.20 billion, a PE ratio of 249.47 and a beta of 1.47. The stock’s 50-day moving average is $981.92 and its 200-day moving average is $946.48. Amazon.com, Inc. has a 1-year low of $710.10 and a 1-year high of $1,083.31.

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

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 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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