Itau Unibanco Holding S.A. raised its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 107.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 452,109 shares of the e-commerce giant’s stock after purchasing an additional 234,577 shares during the period. Amazon.com accounts for approximately 3.7% of Itau Unibanco Holding S.A.’s portfolio, making the stock its 8th biggest holding. Itau Unibanco Holding S.A.’s holdings in Amazon.com were worth $87,370,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PayPay Securities Corp increased its stake in shares of Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock worth $32,000 after acquiring an additional 64 shares during the last quarter. Christopher J. Hasenberg Inc increased its stake in shares of Amazon.com by 650.0% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after acquiring an additional 260 shares during the last quarter. Steph & Co. acquired a new stake in shares of Amazon.com in the 1st quarter worth $65,000. Koesten Hirschmann & Crabtree INC. acquired a new stake in shares of Amazon.com in the 1st quarter worth $69,000. Finally, Innealta Capital LLC acquired a new stake in shares of Amazon.com in the 2nd quarter worth $77,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Insider Activity
In other news, SVP David Zapolsky sold 2,190 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the transaction, the senior vice president now owns 62,420 shares of the company’s stock, valued at approximately $12,171,900. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, VP Shelley Reynolds sold 3,791 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total value 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. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 2,190 shares of the company’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the transaction, the senior vice president now directly owns 62,420 shares in the company, valued at $12,171,900. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 54,355 shares of company stock valued at $9,877,423. Company insiders own 10.80% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on Amazon.com
Amazon.com Price Performance
Shares of NASDAQ AMZN opened at $189.70 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a twelve month low of $118.35 and a twelve month high of $201.20. The stock has a 50 day moving average of $182.82 and a two-hundred day moving average of $183.53. The stock has a market cap of $1.97 trillion, a P/E ratio of 53.14, a P/E/G ratio of 1.38 and a beta of 1.14.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.18. The business had revenue of $147.98 billion for the quarter, compared to analyst estimates of $148.63 billion. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. On average, research analysts forecast that Amazon.com, Inc. will post 4.85 earnings per share for the current year.
Amazon.com Profile
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.
Recommended Stories
- Five stocks we like better than Amazon.com
- Stock Market Sectors: What Are They and How Many Are There?
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- CD Calculator: Certificate of Deposit Calculator
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- 5 Top Rated Dividend Stocks to Consider
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.