Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,754 shares of the e-commerce giant’s stock after buying an additional 606 shares during the quarter. Amazon.com comprises approximately 3.7% of Gulf International Bank UK Ltd’s investment portfolio, making the stock its 3rd biggest holding. Gulf International Bank UK Ltd’s holdings in Amazon.com were worth $295,007,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. OLD Mission Capital LLC acquired a new position in Amazon.com during the third quarter valued at approximately $605,000. RiverGlades Family Offices LLC grew its holdings in Amazon.com by 5.9% during the first quarter. RiverGlades Family Offices LLC now owns 305 shares of the e-commerce giant’s stock valued at $944,000 after purchasing an additional 17 shares during the period. Adell Harriman & Carpenter Inc. grew its holdings in Amazon.com by 1.7% during the first quarter. Adell Harriman & Carpenter Inc. now owns 9,950 shares of the e-commerce giant’s stock valued at $30,790,000 after purchasing an additional 167 shares during the period. Measured Wealth Private Client Group LLC grew its holdings in Amazon.com by 1.9% during the first quarter. Measured Wealth Private Client Group LLC now owns 267 shares of the e-commerce giant’s stock valued at $826,000 after purchasing an additional 5 shares during the period. Finally, Woodley Farra Manion Portfolio Management Inc. grew its holdings in Amazon.com by 4.4% during the first quarter. Woodley Farra Manion Portfolio Management Inc. now owns 118 shares of the e-commerce giant’s stock valued at $365,000 after purchasing an additional 5 shares during the period. Institutional investors own 57.67% of the company’s stock.

NASDAQ:AMZN opened at $3,450.00 on Wednesday. Amazon.com, Inc. has a one year low of $2,871.00 and a one year high of $3,773.08. The company has a market cap of $1.75 trillion, a P/E ratio of 60.14, a P/E/G ratio of 2.41 and a beta of 1.14. The firm’s fifty day moving average price is $3,459.88 and its two-hundred day moving average price is $3,334.44. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.20 and a quick ratio of 0.99.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Wednesday, July 28th. The e-commerce giant reported $15.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $12.22 by $2.90. Amazon.com had a net margin of 6.64% and a return on equity of 29.86%. The firm had revenue of $113.08 billion for the quarter, compared to the consensus estimate of $115.08 billion. As a group, equities research analysts expect that Amazon.com, Inc. will post 52.18 earnings per share for the current year.

In other Amazon.com news, VP Shelley Reynolds sold 222 shares of the company’s stock in a transaction on Monday, August 16th. The shares were sold at an average price of $3,283.00, for a total value of $728,826.00. Following the transaction, the vice president now directly owns 6,211 shares in the company, valued at $20,390,713. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David H. Clark sold 243 shares of the company’s stock in a transaction dated Wednesday, July 7th. The shares were sold at an average price of $3,717.29, for a total transaction of $903,301.47. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,463 shares of company stock worth $14,784,642. Corporate insiders own 14.00% of the company’s stock.

A number of research analysts recently issued reports on the stock. UBS Group decreased their price objective on shares of Amazon.com from $4,350.00 to $4,020.00 and set a “buy” rating for the company in a report on Friday, July 30th. JPMorgan Chase & Co. decreased their price objective on shares of Amazon.com from $4,600.00 to $4,100.00 and set an “overweight” rating for the company in a report on Friday, July 30th. Mizuho cut their price target on shares of Amazon.com from $4,400.00 to $4,100.00 and set a “buy” rating on the stock in a research note on Friday, July 30th. Argus reaffirmed a “buy” rating and issued a $4,000.00 price target on shares of Amazon.com in a research note on Friday, July 9th. Finally, Raymond James cut their price target on shares of Amazon.com from $4,125.00 to $3,900.00 and set an “outperform” rating on the stock in a research note on Friday, July 30th. One equities research analyst has rated the stock with a hold rating and forty have given a buy rating to the company. According to MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus target price of $4,151.30.

Amazon.com Company Profile

Amazon.com, Inc engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca.

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

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