Hyperion Partners LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 3,986 shares of the e-commerce giant’s stock after selling 80 shares during the period. Amazon.com makes up approximately 0.5% of Hyperion Partners LLC’s holdings, making the stock its 23rd biggest position. Hyperion Partners LLC’s holdings in Amazon.com were worth $719,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Cooksen Wealth LLC purchased a new stake in Amazon.com during the fourth quarter valued at $30,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after purchasing an additional 86 shares during the period. Strid Group LLC purchased a new stake in shares of Amazon.com during the 4th quarter valued at about $43,000. Clarity Asset Management Inc. bought a new position in shares of Amazon.com in the 4th quarter worth approximately $46,000. Finally, Bruce G. Allen Investments LLC purchased a new position in shares of Amazon.com in the fourth quarter worth approximately $57,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Insider Buying and Selling
In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $184.00, for a total value of $92,000.00. Following the transaction, the chief executive officer now owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Amazon.com news, VP Shelley Reynolds sold 2,700 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $181.39, for a total value of $489,753.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $21,726,894.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $184.00, for a total transaction of $92,000.00. Following the completion of the transaction, the chief executive officer now owns 131,600 shares in the company, valued at $24,214,400. The disclosure for this sale can be found here. In the last three months, insiders sold 65,338 shares of company stock valued at $11,894,344. Insiders own 10.80% of the company’s stock.
Analysts Set New Price Targets
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Amazon.com Stock Down 1.9 %
NASDAQ AMZN opened at $185.57 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 52 week low of $118.35 and a 52 week high of $191.70. The firm has a market capitalization of $1.93 trillion, a price-to-earnings ratio of 51.98, a PEG ratio of 1.33 and a beta of 1.14. The company has a fifty day moving average of $182.82 and a two-hundred day moving average of $172.00.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The firm had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. During the same period in the previous year, the company earned $0.31 EPS. The firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. On average, analysts predict that Amazon.com, Inc. will post 4.72 earnings per share for the current year.
About Amazon.com
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
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