Hendley & Co. Inc. Has $2.57 Million Holdings in Amazon.com, Inc. (AMZN)

Hendley & Co. Inc. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,709 shares of the e-commerce giant’s stock after purchasing an additional 23 shares during the period. Amazon.com comprises 1.5% of Hendley & Co. Inc.’s portfolio, making the stock its 28th biggest holding. Hendley & Co. Inc.’s holdings in Amazon.com were worth $2,567,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Benin Management CORP lifted its stake in Amazon.com by 2.3% during the fourth quarter. Benin Management CORP now owns 1,416 shares of the e-commerce giant’s stock worth $2,127,000 after purchasing an additional 32 shares during the period. Intact Investment Management Inc. raised its stake in shares of Amazon.com by 14.3% in the fourth quarter. Intact Investment Management Inc. now owns 1,200 shares of the e-commerce giant’s stock valued at $1,804,000 after acquiring an additional 150 shares during the last quarter. Rossmore Private Capital raised its stake in shares of Amazon.com by 2.1% in the fourth quarter. Rossmore Private Capital now owns 1,606 shares of the e-commerce giant’s stock valued at $2,412,000 after acquiring an additional 33 shares during the last quarter. SignalPoint Asset Management LLC raised its stake in shares of Amazon.com by 15.6% in the fourth quarter. SignalPoint Asset Management LLC now owns 1,677 shares of the e-commerce giant’s stock valued at $2,518,000 after acquiring an additional 226 shares during the last quarter. Finally, Lavaca Capital LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $1,338,000. Hedge funds and other institutional investors own 56.11% of the company’s stock.

AMZN opened at $1,861.69 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.10 and a quick ratio of 0.85. Amazon.com, Inc. has a 52 week low of $1,307.00 and a 52 week high of $2,050.50. The firm has a market cap of $916.05 billion, a price-to-earnings ratio of 92.48, a price-to-earnings-growth ratio of 2.24 and a beta of 1.63.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, January 31st. The e-commerce giant reported $6.04 EPS for the quarter, topping analysts’ consensus estimates of $5.55 by $0.49. Amazon.com had a net margin of 4.33% and a return on equity of 27.02%. The firm had revenue of $72.38 billion during the quarter, compared to analyst estimates of $71.73 billion. During the same quarter in the previous year, the business earned $2.16 EPS. Equities analysts expect that Amazon.com, Inc. will post 26.64 EPS for the current year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $1,811.14, for a total transaction of $3,622,280.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $18,111,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffrey M. Blackburn sold 2,055 shares of Amazon.com stock in a transaction on Friday, February 15th. The stock was sold at an average price of $1,616.34, for a total transaction of $3,321,578.70. Following the sale, the senior vice president now directly owns 46,596 shares of the company’s stock, valued at approximately $75,314,978.64. The disclosure for this sale can be found here. Insiders have sold a total of 7,075 shares of company stock valued at $11,802,708 in the last ninety days. Company insiders own 16.30% of the company’s stock.

A number of research analysts have recently issued reports on AMZN shares. Royal Bank of Canada reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, January 25th. Stifel Nicolaus reiterated a “buy” rating and issued a $2,300.00 target price (down previously from $2,400.00) on shares of Amazon.com in a research note on Friday, February 1st. BidaskClub cut shares of Amazon.com from a “hold” rating to a “sell” rating in a research note on Saturday, December 22nd. Benchmark cut their target price on shares of Amazon.com from $2,100.00 to $2,000.00 and set a “buy” rating for the company in a research note on Wednesday, January 30th. Finally, Zacks Investment Research upgraded shares of Amazon.com from a “hold” rating to a “buy” rating and set a $1,543.00 target price for the company in a research note on Monday, December 31st. Four investment analysts have rated the stock with a hold rating and forty-six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $2,139.02.

TRADEMARK VIOLATION WARNING: This piece was reported by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and international copyright and trademark law. The original version of this piece can be accessed at https://www.baseballdailydigest.com/news/2019/04/21/hendley-co-inc-has-2-57-million-holdings-in-amazon-com-inc-amzn.html.

Amazon.com Company 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.

See Also: How to interpret the current ratio

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN).

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

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