Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Poehling Capital Management INC.

Poehling Capital Management INC. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,370 shares of the e-commerce giant’s stock after purchasing an additional 311 shares during the quarter. Amazon.com accounts for 1.6% of Poehling Capital Management INC.’s investment portfolio, making the stock its 19th biggest holding. Poehling Capital Management INC.’s holdings in Amazon.com were worth $5,869,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stevard LLC increased its position in Amazon.com by 20.6% during the second quarter. Stevard LLC now owns 13,679 shares of the e-commerce giant’s stock worth $2,643,000 after buying an additional 2,340 shares in the last quarter. Providence Wealth Advisors LLC grew its position in shares of Amazon.com by 18.4% in the second quarter. Providence Wealth Advisors LLC now owns 15,909 shares of the e-commerce giant’s stock valued at $3,102,000 after purchasing an additional 2,475 shares during the period. Nia Impact Advisors LLC purchased a new stake in Amazon.com during the second quarter valued at about $222,000. WINTON GROUP Ltd grew its position in Amazon.com by 307.7% during the second quarter. WINTON GROUP Ltd now owns 22,965 shares of the e-commerce giant’s stock valued at $4,438,000 after acquiring an additional 17,332 shares during the period. Finally, MayTech Global Investments LLC lifted its stake in shares of Amazon.com by 1.8% during the second quarter. MayTech Global Investments LLC now owns 222,873 shares of the e-commerce giant’s stock worth $43,070,000 after purchasing an additional 3,904 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Stock Up 0.1 %

NASDAQ AMZN opened at $187.69 on Wednesday. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $201.20. The stock’s 50 day moving average is $180.63 and its two-hundred day moving average is $183.30. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $1.95 trillion, a price-to-earnings ratio of 52.57, a PEG ratio of 1.38 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 EPS for the quarter, beating the consensus estimate of $1.05 by $0.18. Amazon.com had a net margin of 7.35% and a return on equity of 21.39%. The company had revenue of $147.98 billion during the quarter, compared to analysts’ expectations of $148.63 billion. Equities analysts forecast that Amazon.com, Inc. will post 4.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on AMZN. BMO Capital Markets reissued an “outperform” rating and issued a $230.00 price objective on shares of Amazon.com in a report on Thursday, September 19th. Roth Mkm increased their price objective on Amazon.com from $210.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Needham & Company LLC restated a “buy” rating and issued a $210.00 target price on shares of Amazon.com in a research report on Thursday, September 12th. Royal Bank of Canada reissued an “outperform” rating and set a $215.00 price objective on shares of Amazon.com in a research note on Friday, August 2nd. Finally, DA Davidson reaffirmed a “buy” rating and issued a $235.00 target price on shares of Amazon.com in a research report on Thursday, October 10th. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $224.00.

Insider Buying and Selling

In other news, CFO Brian T. Olsavsky sold 14,600 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total transaction of $2,628,000.00. Following the completion of the transaction, the chief financial officer now directly owns 49,000 shares in the company, valued at $8,820,000. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CFO Brian T. Olsavsky sold 14,600 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total transaction of $2,628,000.00. Following the completion of the transaction, the chief financial officer now directly owns 49,000 shares in the company, valued at $8,820,000. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 3,791 shares of the stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total transaction of $686,322.64. Following the transaction, the vice president now owns 121,461 shares of the company’s stock, valued at approximately $21,989,299.44. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 54,355 shares of company stock valued at $9,877,423. Company insiders own 10.80% of the company’s stock.

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.