King Luther Capital Management Corp. has downgraded its equity position to Amazon.com, Inc.(NASDAQ: AMZN) 0.1% at the time of the quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).The fund had 214,718 shares. Amazon.com represents about 4.1% of King Luther Capital Management Corp.’s portfolio, making it its third largest position. King Luther Capital Management Corp’s shares in Amazon.com were worth $592,368,000 at the end of the last quarter.
Several other institutional and budget hedge investors have also recently replaced their positions with the company. Act Two Investors LLC increased its holdings of Amazon.com shares to 5.3% in the quarter now. Act Two Investors LLC now owns 8,514 shares of the e-commerce giant valued at $ 23,489,000 after buying another 432 shares in the last quarter. Moneta Group Investment Advisors LLC increased its holdings of Amazon.com shares up 27.2% in the current quarter. Moneta Group Investment Advisors LLC now owns 1,211 shares of the e-commerce giant valued at $ 3,340,000 after buying 259 more shares in the last quarter. Brickley Wealth Management acquired a new stake in Amazon.com stock in the second quarter valued at approximately $ 276,000. Glenview Trust Co increased its holdings of Amazon.com shares by 6.8% in the second quarter. Glenview Trust Co now owns 13,762 shares of the e-commerce giant valued at $ 37,967,000 after buying 873 more shares in the last quarter. Lastly, Nicholas Investment Partners LP increased its stake in Amazon.com shares by 6.5% in the last quarter. Nicholas Investment Partners LP now owns 2,070 shares of the e-commerce giant valued at $ 5,711,000 after buying 127 more shares in the last quarter. Institutional investors and the hedge budget own 57.32% of the company’s shares.
AMZN inventories opened at $3294.62 on Monday. Amazon.com, Inc.it has a minimum of one year of $1626.03 and a maximum of one year of $3552.25.The inventory has a market capitalization of $1,650.24 billion, an EP ratio of $126.67, a value/earnings ratio of 3.42 and a beta of 1.32 The Company has a debt index of 0.45, an existing index of 1.18 and an immediate index of 0.97 The company has a 50-day cellular average value of $3,193.36 and a 200-day moving average value of $2,542.83.
Amazon.com (NASDAQ: AMZN) last announced its quarterly effects on Thursday, July 30.The e-commerce giant reported consistent gains with a consistent percentage of $10.30 for the quarter, exceeding consensus analysts’ estimates from $1.74 to $8.56.$88.91 billion in the quarter, with $81.56 billion expected through analysts.Amazon.com had a net margin of 4.10% and a return to equity of 20.47%.As a group, equity analysts expect Amazon.com, Inc.BPA for the existing fiscal year.
Several research companies have recently weighed in on AMZN. Edward Jones reiterated a “buy” note on Amazon.com inventories in a report on Friday, July 31. Morgan Stanley raised its target value on Amazon.com inventories from $ 3,450.00 to $ 3,750.00 and called the company “overweight” in a report on Friday, July 31. Cowen raised his target value on Amazon.com’s inventories from $ 2,750.00 to $ 3,700.00 and gave the company an “outperforming” score in a report on Monday, July 13. Wedbush raised his target value on Amazon.com inventories from $ 3,500.00 to $ 3,700.00 and gave the company a “superior performance” rating in a report on Friday, July 31. Finally, SunTrust Banks reiterated a “buy” note and issued a target value of $ 3,600.00 (up from $ 3,400.00 previously) on Amazon.com inventories in a report on Thursday, July 30. five assigned a maintenance score and 47 issued a purchase score on the company’s inventory. Amazon.com has lately an average “Buy” score and a consensus value target of $ 3,259.98.
In other news Amazon.com, Vice President Shelley Reynolds sold 292 Amazon.com shares in an industry on Monday, August 17.The shares were sold for an average value of $3,173.12, for a total cost of $926,551.04.After the transaction, the vice president now directly owns 6,281 shares of the company, at a cost of $19,930,366.72.The transaction disclosed in a document filed with the SEC, which can be obtained on the SEC’s website.In addition, CEO Jeffrey A.Wilke sold 750 Amazon.com shares in an industry on Monday, August 24.The shares were sold for an average value of $3,304.28, for a total transaction of $2,478,210.00.Upon completion of the transaction, the CEO now owns 10,000 shares of the company, at a cost of $33,042,800.Disclosure of this sale can be found here.In the last 90 days, the initiates have sold 102,815 shares of the company at a cost of $324,095,003.16.10% of the shares are held lately through insiders of the company.
Company profile of Amazon.com
Amazon.com, Inc.se is dedicated to the retailing of products and customer subscriptions in North America and abroad.The company operates in 3 segments: North America, International and Amazon Web Services (AWS).Sell goods and content purchased for third-party resale through physical outlets and online outlets.
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