Amazon.com, Inc. (AMZN) Shares Bought by Parkwood LLC

Parkwood LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,809 shares of the e-commerce giant’s stock after purchasing an additional 140 shares during the quarter. Parkwood LLC’s holdings in Amazon.com were worth $3,662,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Good Life Advisors LLC increased its holdings in shares of Amazon.com by 24.5% in the 3rd quarter. Good Life Advisors LLC now owns 763 shares of the e-commerce giant’s stock valued at $759,000 after acquiring an additional 150 shares during the period. Watch Point Trust Co increased its holdings in shares of Amazon.com by 131.0% in the 3rd quarter. Watch Point Trust Co now owns 485 shares of the e-commerce giant’s stock valued at $466,000 after acquiring an additional 275 shares during the period. Blue Granite Capital LLC increased its holdings in shares of Amazon.com by 159.0% in the 3rd quarter. Blue Granite Capital LLC now owns 1,334 shares of the e-commerce giant’s stock valued at $1,282,000 after acquiring an additional 819 shares during the period. Nwam LLC increased its holdings in shares of Amazon.com by 8.0% in the 3rd quarter. Nwam LLC now owns 4,770 shares of the e-commerce giant’s stock valued at $4,586,000 after acquiring an additional 352 shares during the period. Finally, State of Wisconsin Investment Board increased its holdings in shares of Amazon.com by 2.8% in the 3rd quarter. State of Wisconsin Investment Board now owns 512,536 shares of the e-commerce giant’s stock valued at $492,726,000 after acquiring an additional 14,184 shares during the period. 59.78% of the stock is currently owned by institutional investors.

A number of research firms recently weighed in on AMZN. SunTrust Banks reiterated a “buy” rating and issued a $1,400.00 price objective (up from $1,270.00) on shares of Amazon.com in a research report on Friday. UBS Group reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday. Stifel Nicolaus lifted their price objective on shares of Amazon.com from $1,313.00 to $1,425.00 and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $1,385.00 price objective (up from $1,375.00) on shares of Amazon.com in a research report on Wednesday. Finally, Piper Jaffray Companies reiterated an “overweight” rating and issued a $1,400.00 price objective (up from $1,200.00) on shares of Amazon.com in a research report on Tuesday, January 9th. Four equities research analysts have rated the stock with a hold rating and fifty-one have given a buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and an average target price of $1,262.35.

Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,305.20 on Friday. The stock has a market capitalization of $628,940.00, a price-to-earnings ratio of 329.60, a PEG ratio of 7.77 and a beta of 1.46. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. Amazon.com, Inc. has a one year low of $803.00 and a one year high of $1,305.76.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by ($0.57). The firm had revenue of $43.74 billion for the quarter, compared to analyst estimates of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The company’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period last year, the firm earned $0.52 EPS. research analysts forecast that Amazon.com, Inc. will post 4.24 earnings per share for the current fiscal year.

In other news, CEO Andrew R. Jassy sold 1,985 shares of Amazon.com stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,125.38, for a total transaction of $2,233,879.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of Amazon.com stock in a transaction on Friday, December 8th. The stock was sold at an average price of $1,160.34, for a total value of $3,248,952.00. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $11,603,400. The disclosure for this sale can be found here. Insiders have sold a total of 402,338 shares of company stock valued at $444,391,701 in the last ninety days. Corporate insiders own 17.70% of the company’s stock.

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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.

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

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