250 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Acquired by Measured Wealth Private Client Group LLC

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Measured Wealth Private Client Group LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 250 shares of the e-commerce giant’s stock, valued at approximately $473,000.

A number of other large investors have also modified their holdings of the stock. Signet Investment Advisory Group Inc. purchased a new stake in shares of Amazon.com during the fourth quarter valued at $33,000. Financial Advantage Inc. purchased a new stake in shares of Amazon.com during the fourth quarter valued at $45,000. Contravisory Investment Management Inc. grew its holdings in shares of Amazon.com by 20.6% during the second quarter. Contravisory Investment Management Inc. now owns 41 shares of the e-commerce giant’s stock valued at $78,000 after buying an additional 7 shares during the last quarter. Mascoma Wealth Management LLC grew its holdings in shares of Amazon.com by 15.6% during the fourth quarter. Mascoma Wealth Management LLC now owns 52 shares of the e-commerce giant’s stock valued at $78,000 after buying an additional 7 shares during the last quarter. Finally, Mcmillion Capital Management Inc. purchased a new stake in shares of Amazon.com during the second quarter valued at $104,000. 57.17% of the stock is owned by institutional investors.

AMZN stock traded up $30.57 during mid-day trading on Tuesday, reaching $1,815.49. The company’s stock had a trading volume of 40,097 shares, compared to its average volume of 3,796,725. The stock has a market cap of $894.13 billion, a PE ratio of 90.36, a PEG ratio of 2.29 and a beta of 1.55. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 1.10. Amazon.com, Inc. has a fifty-two week low of $1,307.00 and a fifty-two week high of $2,050.50. The company’s 50 day moving average price is $1,917.30.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 EPS for the quarter, missing the Zacks’ consensus estimate of $5.29 by ($0.07). The business had revenue of $63.40 billion during the quarter, compared to analyst estimates of $62.59 billion. Amazon.com had a net margin of 4.80% and a return on equity of 26.27%. The firm’s revenue was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.07 EPS. On average, research analysts forecast that Amazon.com, Inc. will post 24.52 earnings per share for the current year.

A number of equities research analysts have recently weighed in on AMZN shares. Pivotal Research reissued a “buy” rating and set a $2,615.00 price objective (down from $2,750.00) on shares of Amazon.com in a report on Friday, July 26th. UBS Group reissued a “buy” rating on shares of Amazon.com in a report on Friday, July 26th. Barclays raised shares of Amazon.com from an “outperform” rating to a “buy” rating in a report on Monday, July 29th. Piper Jaffray Companies boosted their price objective on shares of Amazon.com from $2,070.00 to $2,225.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Finally, BidaskClub lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a report on Saturday, July 27th. Three investment analysts have rated the stock with a hold rating and forty-two have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $2,251.95.

In related news, CEO Andrew R. Jassy sold 7,308 shares of the stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $2,000.00, for a total transaction of $14,616,000.00. Following the completion of the transaction, the chief executive officer now owns 92,614 shares of the company’s stock, valued at approximately $185,228,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David Zapolsky sold 763 shares of the stock in a transaction that occurred on Wednesday, July 10th. The stock was sold at an average price of $2,000.00, for a total transaction of $1,526,000.00. Following the transaction, the insider now directly owns 2,698 shares of the company’s stock, valued at approximately $5,396,000. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,093 shares of company stock valued at $23,535,023. 16.10% of the stock is owned by insiders.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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

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