Capital Square LLC Has $2.78 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Capital Square LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,007 shares of the e-commerce giant’s stock after selling 43 shares during the quarter. Amazon.com accounts for about 3.0% of Capital Square LLC’s holdings, making the stock its 3rd largest position. Capital Square LLC’s holdings in Amazon.com were worth $2,778,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in AMZN. Woodstock Corp raised its holdings in shares of Amazon.com by 2.2% in the 2nd quarter. Woodstock Corp now owns 182 shares of the e-commerce giant’s stock worth $502,000 after buying an additional 4 shares in the last quarter. RVW Wealth LLC raised its holdings in shares of Amazon.com by 0.9% in the 2nd quarter. RVW Wealth LLC now owns 465 shares of the e-commerce giant’s stock worth $1,283,000 after buying an additional 4 shares in the last quarter. Indiana Trust & Investment Management CO raised its holdings in shares of Amazon.com by 1.0% in the 2nd quarter. Indiana Trust & Investment Management CO now owns 390 shares of the e-commerce giant’s stock worth $1,076,000 after buying an additional 4 shares in the last quarter. Peterson Wealth Advisors LLC raised its holdings in shares of Amazon.com by 1.7% in the 2nd quarter. Peterson Wealth Advisors LLC now owns 243 shares of the e-commerce giant’s stock worth $670,000 after buying an additional 4 shares in the last quarter. Finally, Wambolt & Associates LLC raised its holdings in shares of Amazon.com by 1.9% in the 2nd quarter. Wambolt & Associates LLC now owns 214 shares of the e-commerce giant’s stock worth $590,000 after buying an additional 4 shares in the last quarter. Institutional investors own 64.54% of the company’s stock.

In related news, CEO Andrew R. Jassy sold 6,945 shares of the company’s 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 in the company, valued at approximately $210,091,432.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Patricia Q. Stonesifer sold 2,200 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were 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 disclosure for this sale can be found here. Company insiders own 16.10% of the company’s stock.

AMZN has been the subject of a number of recent research reports. KeyCorp increased their target price on Amazon.com from $3,285.00 to $3,500.00 and gave the stock an “overweight” rating in a report on Friday. UBS Group raised their target price on Amazon.com from $3,000.00 to $4,000.00 and gave the company a “buy” rating in a research note on Friday. Pivotal Research reiterated a “buy” rating on shares of Amazon.com in a research report on Friday. BofA Securities upped their price target on shares of Amazon.com from $3,280.00 to $3,560.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Citigroup upped their price target on shares of Amazon.com from $2,700.00 to $3,550.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, forty-five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $3,240.51.

NASDAQ AMZN opened at $3,164.68 on Friday. The company has a market cap of $1,578.47 billion, a PE ratio of 121.67, a PEG ratio of 5.83 and a beta of 1.32. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.36. Amazon.com, Inc. has a 12 month low of $1,626.03 and a 12 month high of $3,344.29. The stock has a 50 day moving average of $2,884.55 and a 200-day moving average of $2,314.52.

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

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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