Amazon.com, Inc. (AMZN) Shares Sold by Puplava Financial Services Inc.

Puplava Financial Services Inc. cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 506 shares of the e-commerce giant’s stock after selling 25 shares during the period. Puplava Financial Services Inc.’s holdings in Amazon.com were worth $490,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Osborn Williams & Donohoe LLC grew its stake in shares of Amazon.com by 1.1% during the 2nd quarter. Osborn Williams & Donohoe LLC now owns 915 shares of the e-commerce giant’s stock valued at $886,000 after buying an additional 10 shares during the period. Reinhart Partners Inc. grew its stake in shares of Amazon.com by 66.8% during the 1st quarter. Reinhart Partners Inc. now owns 789 shares of the e-commerce giant’s stock valued at $699,000 after buying an additional 316 shares during the period. Hengehold Capital Management LLC grew its stake in shares of Amazon.com by 3.5% during the 1st quarter. Hengehold Capital Management LLC now owns 384 shares of the e-commerce giant’s stock valued at $340,000 after buying an additional 13 shares during the period. Boston Advisors LLC grew its stake in shares of Amazon.com by 11.8% during the 1st quarter. Boston Advisors LLC now owns 95,063 shares of the e-commerce giant’s stock valued at $84,277,000 after buying an additional 10,014 shares during the period. Finally, Murphy Capital Management Inc. grew its stake in shares of Amazon.com by 1.4% during the 2nd quarter. Murphy Capital Management Inc. now owns 9,856 shares of the e-commerce giant’s stock valued at $9,540,000 after buying an additional 140 shares during the period. 60.80% of the stock is owned by institutional investors.

Several analysts have recently issued reports on AMZN shares. Deutsche Bank AG reissued a “buy” rating on shares of Amazon.com in a research note on Monday, June 12th. Loop Capital restated a “buy” rating on shares of Amazon.com in a report on Thursday, June 8th. Instinet restated a “buy” rating on shares of Amazon.com in a report on Friday, June 2nd. Jefferies Group LLC restated a “buy” rating and set a $1,150.00 target price on shares of Amazon.com in a report on Thursday, June 1st. Finally, Aegis restated a “buy” rating on shares of Amazon.com in a report on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, forty-six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $1,094.66.

Amazon.com, Inc. (AMZN) traded down 0.31% during trading on Friday, hitting $989.09. 2,562,225 shares of the stock were exchanged. Amazon.com, Inc. has a 52 week low of $710.10 and a 52 week high of $1,083.31. The stock has a market capitalization of $475.14 billion, a price-to-earnings ratio of 251.55 and a beta of 1.47. The firm has a 50-day moving average of $977.31 and a 200-day moving average of $948.39.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($1.00). Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The business had revenue of $37.96 billion during the quarter, compared to analyst estimates of $37.18 billion. During the same quarter last year, the company posted $1.78 earnings per share. The company’s revenue was up 24.8% on a year-over-year basis. Equities research analysts anticipate that Amazon.com, Inc. will post $3.89 earnings per share for the current fiscal year.

In related news, CEO Jeffrey A. Wilke sold 710 shares of the company’s stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of $985.25, for a total transaction of $699,527.50. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $9,852,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the company’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $955.20, for a total transaction of $2,674,560.00. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $9,552,000. The disclosure for this sale can be found here. Insiders sold 9,793 shares of company stock worth $9,574,377 over the last 90 days. 17.70% of the stock is currently owned by corporate insiders.

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Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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

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