Amazon.com, Inc. (NASDAQ:AMZN) is Krueger & Catalano Capital Partners LLC’s 2nd Largest Position

Krueger & Catalano Capital Partners LLC trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,195 shares of the e-commerce giant’s stock after selling 64 shares during the period. Amazon.com accounts for 4.0% of Krueger & Catalano Capital Partners LLC’s portfolio, making the stock its 2nd largest holding. Krueger & Catalano Capital Partners LLC’s holdings in Amazon.com were worth $6,053,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Legacy Advisors LLC grew its stake in shares of Amazon.com by 23.3% in the 2nd quarter. Legacy Advisors LLC now owns 1,038 shares of the e-commerce giant’s stock worth $2,864,000 after buying an additional 196 shares in the last quarter. Boston Trust Walden Corp grew its stake in shares of Amazon.com by 87.0% in the 1st quarter. Boston Trust Walden Corp now owns 1,997 shares of the e-commerce giant’s stock worth $3,894,000 after buying an additional 929 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Amazon.com by 7.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 68,348 shares of the e-commerce giant’s stock worth $133,260,000 after buying an additional 4,521 shares in the last quarter. IHT Wealth Management LLC grew its stake in shares of Amazon.com by 6.6% in the 1st quarter. IHT Wealth Management LLC now owns 6,500 shares of the e-commerce giant’s stock worth $12,673,000 after buying an additional 405 shares in the last quarter. Finally, RDA Financial Network grew its stake in shares of Amazon.com by 4.7% in the 1st quarter. RDA Financial Network now owns 877 shares of the e-commerce giant’s stock worth $1,710,000 after buying an additional 39 shares in the last quarter. 64.54% of the stock is owned by institutional investors.

In other Amazon.com news, Director Patricia Q. Stonesifer sold 2,200 shares of Amazon.com stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $2,329.44, for a total transaction of $5,124,768.00. Following the completion of the transaction, the director now owns 4,645 shares in the company, valued at approximately $10,820,248.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andrew R. Jassy sold 6,945 shares of Amazon.com stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $2,256.50, for a total value of $15,671,392.50. Following the transaction, the chief executive officer now owns 93,105 shares of the company’s stock, valued at approximately $210,091,432.50. The disclosure for this sale can be found here. Company insiders own 16.10% of the company’s stock.

NASDAQ AMZN opened at $3,164.68 on Friday. The stock has a 50-day simple moving average of $2,884.55 and a two-hundred day simple moving average of $2,314.52. The firm has a market capitalization of $1,578.47 billion, a P/E ratio of 121.67, a PEG ratio of 5.83 and a beta of 1.32. Amazon.com, Inc. has a fifty-two week low of $1,626.03 and a fifty-two week high of $3,344.29. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.84 and a current ratio of 1.08.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $10.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.74 by $8.56. The business had revenue of $88.91 billion during the quarter, compared to analyst estimates of $81.56 billion. Amazon.com had a return on equity of 21.51% and a net margin of 4.10%. As a group, analysts forecast that Amazon.com, Inc. will post 20.12 earnings per share for the current year.

A number of brokerages have commented on AMZN. BMO Capital Markets lifted their price objective on shares of Amazon.com from $2,850.00 to $3,500.00 and gave the stock an “outperform” rating in a research note on Thursday. Raymond James raised their target price on shares of Amazon.com from $2,525.00 to $3,500.00 and gave the stock an “outperform” rating in a report on Friday. JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $3,000.00 to $4,050.00 and gave the stock an “overweight” rating in a report on Friday. SVB Leerink initiated coverage on shares of Amazon.com in a report on Friday, July 24th. They issued a “hold” rating for the company. Finally, Needham & Company LLC restated a “buy” rating and issued a $3,700.00 target price (up previously from $3,200.00) on shares of Amazon.com in a report on Friday. One analyst has rated the stock with a sell rating, six have assigned a hold rating, forty-five have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $3,240.51.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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

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