Amazon.com (AMZN) Stake Lowered by Oakwood Capital Management LLC CA


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.


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 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.

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