30 Shares in Amazon.com, Inc. (AMZN) Acquired by Financial Advantage Inc.

Financial Advantage Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 30 shares of the e-commerce giant’s stock, valued at approximately $45,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. DORCHESTER WEALTH MANAGEMENT Co lifted its stake in shares of Amazon.com by 4.1% in the fourth quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 154 shares of the e-commerce giant’s stock valued at $231,000 after buying an additional 6 shares in the last quarter. Boltwood Capital Management lifted its stake in shares of Amazon.com by 1.9% in the fourth quarter. Boltwood Capital Management now owns 382 shares of the e-commerce giant’s stock valued at $573,000 after buying an additional 7 shares in the last quarter. Mascoma Wealth Management LLC lifted its stake in shares of Amazon.com by 15.6% in 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 in the last quarter. Cordasco Financial Network lifted its stake in shares of Amazon.com by 17.4% in the fourth quarter. Cordasco Financial Network now owns 54 shares of the e-commerce giant’s stock valued at $81,000 after buying an additional 8 shares in the last quarter. Finally, Heritage Trust Co lifted its stake in shares of Amazon.com by 3.4% in the fourth quarter. Heritage Trust Co now owns 272 shares of the e-commerce giant’s stock valued at $409,000 after buying an additional 9 shares in the last quarter. 56.06% of the stock is currently owned by institutional investors and hedge funds.

In related news, CEO Jeffrey A. Wilke sold 1,900 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $1,848.11, for a total transaction of $3,511,409.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares in the company, valued at $18,481,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffrey A. Wilke sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $1,934.42, for a total transaction of $4,836,050.00. Following the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $19,344,200. The disclosure for this sale can be found here. Insiders have sold 11,920 shares of company stock valued at $21,644,313 in the last 90 days. 16.10% of the stock is currently owned by corporate insiders.

NASDAQ AMZN opened at $1,907.57 on Friday. Amazon.com, Inc. has a 52-week low of $1,307.00 and a 52-week high of $2,050.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.09 and a quick ratio of 0.83. The stock has a market cap of $897.36 billion, a P/E ratio of 94.72, a P/E/G ratio of 2.07 and a beta of 1.62.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, April 25th. The e-commerce giant reported $7.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.61 by $2.48. Amazon.com had a net margin of 4.97% and a return on equity of 28.91%. The business had revenue of $59.70 billion during the quarter, compared to the consensus estimate of $59.73 billion. During the same quarter last year, the company posted $3.27 earnings per share. The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. On average, equities research analysts anticipate that Amazon.com, Inc. will post 26.59 EPS for the current year.

A number of research firms have weighed in on AMZN. BidaskClub lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a research note on Monday, April 29th. JMP Securities raised their price objective on shares of Amazon.com from $2,050.00 to $2,275.00 and gave the company an “outperform” rating in a research note on Monday, April 29th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday, April 29th. Finally, Piper Jaffray Companies raised 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 research note on Friday, April 26th. Five equities research analysts have rated the stock with a hold rating and forty-three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $2,181.89.

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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.

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

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