Psagot Value Holdings Ltd. Israel Has $5.80 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Psagot Value Holdings Ltd. Israel boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 25.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,780 shares of the e-commerce giant’s stock after buying an additional 359 shares during the period. Amazon.com makes up 1.3% of Psagot Value Holdings Ltd. Israel’s portfolio, making the stock its 21st largest holding. Psagot Value Holdings Ltd. Israel’s holdings in Amazon.com were worth $5,803,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of AMZN. Norges Bank acquired a new position in Amazon.com in the 4th quarter valued at about $14,053,756,000. Castleview Partners LLC acquired a new position in shares of Amazon.com during the 4th quarter worth approximately $1,143,000. Aaron Wealth Advisors LLC grew its position in shares of Amazon.com by 346,521.1% during the 1st quarter. Aaron Wealth Advisors LLC now owns 2,246,105 shares of the e-commerce giant’s stock worth $689,000 after purchasing an additional 2,245,457 shares in the last quarter. Verity Asset Management Inc. grew its position in shares of Amazon.com by 413,136.4% during the 1st quarter. Verity Asset Management Inc. now owns 1,508,313 shares of the e-commerce giant’s stock worth $841,000 after purchasing an additional 1,507,948 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Amazon.com by 124.5% during the 1st quarter. SG Americas Securities LLC now owns 220,530 shares of the e-commerce giant’s stock worth $718,917,000 after purchasing an additional 1,120,660 shares in the last quarter. Institutional investors and hedge funds own 57.15% of the company’s stock.

Amazon.com Trading Up 2.7 %

AMZN opened at $133.27 on Friday. Amazon.com, Inc. has a twelve month low of $101.26 and a twelve month high of $188.11. The company has a quick ratio of 0.68, a current ratio of 0.95 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $128.07 and a 200-day moving average of $131.65. The stock has a market cap of $1.36 trillion, a PE ratio of 119.47, a price-to-earnings-growth ratio of 5.82 and a beta of 1.33.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its quarterly earnings results on Thursday, July 28th. The e-commerce giant reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). Amazon.com had a return on equity of 15.79% and a net margin of 2.39%. The company had revenue of $121.23 billion during the quarter, compared to analyst estimates of $119.16 billion. During the same quarter in the previous year, the business posted $0.76 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 0.98 EPS for the current year.

Wall Street Analyst Weigh In

AMZN has been the topic of a number of analyst reports. UBS Group increased their target price on shares of Amazon.com from $167.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, July 29th. Robert W. Baird restated an “outperform” rating and set a $150.00 target price on shares of Amazon.com in a research report on Wednesday. JPMorgan Chase & Co. cut their price target on shares of Amazon.com from $200.00 to $175.00 and set an “overweight” rating for the company in a report on Wednesday, June 29th. Loop Capital cut their price target on shares of Amazon.com from $187.50 to $141.25 and set a “buy” rating for the company in a report on Friday, May 27th. Finally, Itau BBA Securities started coverage on shares of Amazon.com in a report on Tuesday, July 26th. They set an “outperform” rating and a $146.00 price target for the company. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and thirty-six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $176.61.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,480 shares of Amazon.com stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $134.23, for a total value of $467,120.40. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $16,078,069.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,480 shares of Amazon.com stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $134.23, for a total value of $467,120.40. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $16,078,069.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 23,620 shares of the business’s stock in a transaction dated Monday, August 15th. The stock was sold at an average price of $142.29, for a total transaction of $3,360,889.80. Following the sale, the chief executive officer now directly owns 1,892,000 shares of the company’s stock, valued at $269,212,680. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 70,108 shares of company stock valued at $9,736,335. Corporate insiders own 12.70% of the company’s stock.

Amazon.com Profile

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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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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

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