Schwab Charitable Fund Raises Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

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Schwab Charitable Fund lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 205 shares of the e-commerce giant’s stock after acquiring an additional 30 shares during the quarter. Schwab Charitable Fund’s holdings in Amazon.com were worth $379,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. United Bank lifted its position in Amazon.com by 45.7% during the second quarter. United Bank now owns 940 shares of the e-commerce giant’s stock valued at $1,780,000 after purchasing an additional 295 shares during the last quarter. Arjuna Capital grew its stake in shares of Amazon.com by 1.0% in the 2nd quarter. Arjuna Capital now owns 3,180 shares of the e-commerce giant’s stock worth $6,022,000 after buying an additional 33 shares in the last quarter. Cohen & Steers Inc. increased its holdings in shares of Amazon.com by 9.6% in the 2nd quarter. Cohen & Steers Inc. now owns 3,439 shares of the e-commerce giant’s stock worth $6,512,000 after buying an additional 302 shares during the last quarter. Institutional & Family Asset Management LLC increased its holdings in shares of Amazon.com by 4.2% in the 2nd quarter. Institutional & Family Asset Management LLC now owns 822 shares of the e-commerce giant’s stock worth $1,557,000 after buying an additional 33 shares during the last quarter. Finally, Algert Global LLC bought a new stake in shares of Amazon.com in the 2nd quarter worth about $3,569,000. 55.98% of the stock is currently owned by institutional investors and hedge funds.

AMZN has been the subject of a number of analyst reports. Sanford C. Bernstein initiated coverage on shares of Amazon.com in a report on Thursday, January 9th. They issued a “market perform” rating and a $2,050.00 price target for the company. Robert W. Baird set a $2,080.00 price objective on Amazon.com and gave the stock a “buy” rating in a research note on Friday, October 25th. Bank of America boosted their price objective on Amazon.com from to and gave the stock a “buy” rating in a research note on Tuesday. Benchmark decreased their price objective on Amazon.com from $2,300.00 to $2,100.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Finally, Barclays lowered their price objective on Amazon.com from $2,180.00 to $2,000.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and forty-four have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $2,171.64.

NASDAQ AMZN opened at $1,862.02 on Thursday. The stock has a market cap of $926.86 billion, a PE ratio of 92.45, a PEG ratio of 2.60 and a beta of 1.50. Amazon.com, Inc. has a 12 month low of $1,566.76 and a 12 month high of $2,035.80. The company’s 50-day moving average price is $1,818.23 and its 200-day moving average price is $1,817.94. 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 announced its quarterly earnings data on Thursday, October 24th. The e-commerce giant reported $4.23 earnings per share 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 the consensus estimate of $68.72 billion. Amazon.com had a net margin of 4.27% and a return on equity of 22.52%. The company’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.75 EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 20.51 earnings per share for the current year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 200 shares of the company’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $1,865.34, for a total value of $373,068.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $18,653,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeffrey A. Wilke sold 3,475 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $1,745.57, for a total value of $6,065,855.75. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $17,455,700. The disclosure for this sale can be found here. Insiders sold a total of 10,196 shares of company stock worth $17,869,618 over the last 90 days. Insiders own 16.10% of the company’s stock.

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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