Tradewinds Capital Management LLC Has $4.77 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Tradewinds Capital Management LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 30.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,749 shares of the e-commerce giant’s stock after purchasing an additional 636 shares during the period. Amazon.com accounts for about 1.9% of Tradewinds Capital Management LLC’s holdings, making the stock its 11th largest holding. Tradewinds Capital Management LLC’s holdings in Amazon.com were worth $4,772,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AMZN. Gulf International Bank UK Ltd raised its holdings in Amazon.com by 0.5% during the second quarter. Gulf International Bank UK Ltd now owns 98,957 shares of the e-commerce giant’s stock valued at $187,387,000 after acquiring an additional 480 shares during the period. Gladstone Institutional Advisory LLC increased its holdings in shares of Amazon.com by 12.0% in the second quarter. Gladstone Institutional Advisory LLC now owns 1,742 shares of the e-commerce giant’s stock worth $3,299,000 after purchasing an additional 186 shares during the last quarter. Cornerstone Advisory LLC increased its holdings in shares of Amazon.com by 50.0% in the second quarter. Cornerstone Advisory LLC now owns 1,374 shares of the e-commerce giant’s stock worth $2,602,000 after purchasing an additional 458 shares during the last quarter. RB Capital Management LLC increased its holdings in shares of Amazon.com by 8.5% in the second quarter. RB Capital Management LLC now owns 1,339 shares of the e-commerce giant’s stock worth $2,536,000 after purchasing an additional 105 shares during the last quarter. Finally, Family Management Corp grew its position in Amazon.com by 1.0% in the second quarter. Family Management Corp now owns 2,805 shares of the e-commerce giant’s stock worth $5,312,000 after acquiring an additional 28 shares in the last quarter. 55.60% of the stock is owned by institutional investors and hedge funds.

NASDAQ:AMZN traded down $2.32 during midday trading on Friday, hitting $1,785.88. 2,123,300 shares of the company were exchanged, compared to its average volume of 4,016,732. The company has a market capitalization of $893.28 billion, a PE ratio of 88.67, a price-to-earnings-growth ratio of 3.20 and a beta of 1.56. Amazon.com, Inc. has a fifty-two week low of $1,307.00 and a fifty-two week high of $2,035.80. The company has a fifty day simple moving average of $1,759.09 and a 200 day simple moving average of $1,840.01. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.40.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 24th. The e-commerce giant reported $4.23 EPS for the quarter, missing analysts’ consensus estimates of $4.46 by ($0.23). The company had revenue of $69.98 billion for the quarter, compared to analysts’ expectations of $68.72 billion. Amazon.com had a return on equity of 22.52% and a net margin of 4.27%. The firm’s quarterly revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm posted $5.75 EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 20.52 EPS for the current year.

Several research analysts recently commented on AMZN shares. Monness Crespi & Hardt set a $2,300.00 price target on Amazon.com and gave the stock a “buy” rating in a research report on Friday, October 18th. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $2,200.00 price target on shares of Amazon.com in a research report on Friday, October 25th. Mizuho lifted their price target on Amazon.com from $2,150.00 to $2,200.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. JMP Securities dropped their price target on Amazon.com from $2,275.00 to $2,250.00 and set a “market outperform” rating for the company in a research report on Friday, October 25th. Finally, MKM Partners dropped their target price on Amazon.com from $2,350.00 to $2,250.00 and set a “buy” rating for the company in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and forty-two have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $2,189.97.

In other news, Director Judith A. Mcgrath sold 304 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $1,749.91, for a total value of $531,972.64. Following the completion of the transaction, the director now owns 2,324 shares of the company’s stock, valued at $4,066,790.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Indra K. Nooyi acquired 100 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was purchased at an average cost of $1,726.06 per share, with a total value of $172,606.00. Following the transaction, the director now owns 250 shares of the company’s stock, valued at $431,515. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 22,747 shares of company stock valued at $40,737,808. 16.10% of the stock is currently owned by company 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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