Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Schaper Benz & Wise Investment Counsel Inc. WI

Schaper Benz & Wise Investment Counsel Inc. WI grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,356 shares of the e-commerce giant’s stock after acquiring an additional 58 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Amazon.com were worth $2,354,000 as of its most recent SEC filing.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Several other large investors have also recently modified their holdings of AMZN. Vanguard Group Inc. grew its holdings in shares of Amazon.com by 1.3% during the second quarter. Vanguard Group Inc. now owns 31,312,832 shares of the e-commerce giant’s stock valued at $59,294,918,000 after buying an additional 387,740 shares during the last quarter. BlackRock Inc. lifted its position in Amazon.com by 1.6% during the second quarter. BlackRock Inc. now owns 26,082,028 shares of the e-commerce giant’s stock valued at $49,389,711,000 after purchasing an additional 415,448 shares during the period. Thoroughbred Financial Services LLC lifted its position in Amazon.com by 191,406.0% during the second quarter. Thoroughbred Financial Services LLC now owns 9,307,191 shares of the e-commerce giant’s stock valued at $930,719,000 after purchasing an additional 9,302,331 shares during the period. Northern Trust Corp raised its position in Amazon.com by 1.2% in the second quarter. Northern Trust Corp now owns 4,997,392 shares of the e-commerce giant’s stock worth $9,463,210,000 after acquiring an additional 57,712 shares during the period. Finally, Baillie Gifford & Co. raised its position in Amazon.com by 0.9% in the second quarter. Baillie Gifford & Co. now owns 4,449,842 shares of the e-commerce giant’s stock worth $8,426,354,000 after acquiring an additional 41,699 shares during the period. 55.62% of the stock is owned by hedge funds and other institutional investors.

AMZN traded down $15.11 on Friday, reaching $1,739.49. 3,866,800 shares of the company traded hands, compared to its average volume of 2,975,018. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.40. The company has a market cap of $869.93 billion, a P/E ratio of 86.37, a price-to-earnings-growth ratio of 3.12 and a beta of 1.56. The firm has a fifty day simple moving average of $1,757.66 and a two-hundred day simple moving average of $1,835.86. Amazon.com, Inc. has a one year low of $1,307.00 and a one year high of $2,035.80.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 24th. The e-commerce giant reported $4.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate 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 company’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same period last year, the business earned $5.75 EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 20.52 earnings per share for the current year.

In related news, CEO Jeffrey A. Wilke sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $1,759.03, for a total value of $4,397,575.00. Following the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $17,590,300. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Indra K. Nooyi bought 100 shares of Amazon.com stock in a transaction that occurred on Friday, October 4th. The stock was purchased at an average cost of $1,726.06 per share, for a total transaction of $172,606.00. Following the acquisition, the director now owns 250 shares of the company’s stock, valued at $431,515. The disclosure for this purchase can be found here. Insiders have sold 16,248 shares of company stock worth $29,189,787 in the last three months. Corporate insiders own 16.10% of the company’s stock.

Several research analysts have weighed in on AMZN shares. JMP Securities decreased their price target on shares of Amazon.com from $2,275.00 to $2,250.00 and set a “market outperform” rating on the stock in a research report on Friday, October 25th. Mizuho raised their price objective on shares of Amazon.com from $2,150.00 to $2,200.00 and gave the company a “buy” rating in a research report on Friday, October 25th. SunTrust Banks raised their price objective on shares of Amazon.com from $2,200.00 to $2,350.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Monness Crespi & Hardt set a $2,300.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, October 18th. Finally, Susquehanna Bancshares set a $2,200.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and forty-two have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $2,189.97.

About Amazon.com

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.

Recommended Story: Using other technical indicators with support levels

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

Leave a Reply

Your email address will not be published. Required fields are marked *