Oakwood Capital Management LLC CA trimmed its position in shares of Amazon.com (NASDAQ:AMZN) by 1.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,815 shares of the e-commerce giant’s stock after selling 62 shares during the period. Amazon.com comprises 3.0% of Oakwood Capital Management LLC CA’s portfolio, making the stock its 9th largest position. Oakwood Capital Management LLC CA’s holdings in Amazon.com were worth $6,969,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of AMZN. Taylor Hoffman Wealth Management bought a new position in shares of Amazon.com during the fourth quarter valued at about $108,000. Portfolio Solutions LLC bought a new position in Amazon.com in the fourth quarter worth about $119,000. Santori & Peters Inc. bought a new position in Amazon.com in the fourth quarter worth about $121,000. Endurance Wealth Management Inc. raised its stake in Amazon.com by 90.9% in the fourth quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock worth $123,000 after buying an additional 50 shares in the last quarter. Finally, Oak Point Wealth Management bought a new position in Amazon.com in the fourth quarter worth about $125,000. 56.66% of the stock is owned by hedge funds and other institutional investors.
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Shares of AMZN stock opened at $1,693.96 on Thursday. Amazon.com has a 12-month low of $931.75 and a 12-month high of $1,763.10. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.77 and a current ratio of 1.06. The company has a market capitalization of $821.95 billion, a P/E ratio of 266.77, a P/E/G ratio of 4.40 and a beta of 1.61.
Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, April 26th. The e-commerce giant reported $3.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $1.47. Amazon.com had a net margin of 2.04% and a return on equity of 11.77%. The business had revenue of $51.04 billion for the quarter, compared to the consensus estimate of $49.94 billion. During the same period last year, the firm earned $1.48 earnings per share. The company’s quarterly revenue was up 42.9% on a year-over-year basis. equities analysts predict that Amazon.com will post 12.73 EPS for the current year.
In other Amazon.com news, CEO Jeffrey A. Wilke sold 1,230 shares of the stock in a transaction that occurred on Monday, May 21st. The shares were sold at an average price of $1,582.11, for a total value of $1,945,995.30. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $15,821,100. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 1,726 shares of the stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $1,574.33, for a total transaction of $2,717,293.58. Following the completion of the transaction, the chief executive officer now owns 86,419 shares in the company, valued at $136,052,024.27. The disclosure for this sale can be found here. Insiders sold 10,493 shares of company stock worth $16,569,014 over the last quarter. Insiders own 16.30% of the company’s stock.
A number of equities analysts recently issued reports on the stock. Macquarie reissued a “buy” rating on shares of Amazon.com in a research note on Friday, June 22nd. JMP Securities reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, June 21st. Canaccord Genuity reissued a “buy” rating and issued a $1,800.00 price target (up from $1,650.00) on shares of Amazon.com in a research note on Friday, April 27th. Morningstar reissued a “neutral” rating on shares of Amazon.com in a research note on Wednesday, May 2nd. Finally, BidaskClub downgraded shares of Amazon.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 26th. Three investment analysts have rated the stock with a hold rating and fifty-two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $1,721.36.
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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.