Amazon.com (AMZN) : Baldwin Investment Management scooped up 45 additional shares in Amazon.com during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 10, 2016. The investment management firm now holds a total of 3,165 shares of Amazon.com which is valued at $2,246,897.Amazon.com makes up approximately 0.98% of Baldwin Investment Management’s portfolio.
Other Hedge Funds, Including , Matarin Capital Management reduced its stake in AMZN by selling 4 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 2,370 shares of AMZN which is valued at $1,682,510. Amazon.com makes up approx 0.24% of Matarin Capital Management’s portfolio.Bruderman Asset Management boosted its stake in AMZN in the latest quarter, The investment management firm added 110 additional shares and now holds a total of 281 shares of Amazon.com which is valued at $199,488. Amazon.com makes up approx 0.07% of Bruderman Asset Management’s portfolio.Cornerstone Financial Partners boosted its stake in AMZN in the latest quarter, The investment management firm added 207 additional shares and now holds a total of 2,887 shares of Amazon.com which is valued at $1,945,694. Amazon.com makes up approx 0.75% of Cornerstone Financial Partners’s portfolio.Goelzer Investment Management reduced its stake in AMZN by selling 185 shares or 12.04% in the most recent quarter. The Hedge Fund company now holds 1,351 shares of AMZN which is valued at $910,506. Amazon.com makes up approx 0.13% of Goelzer Investment Management’s portfolio.Washington Trust Bank reduced its stake in AMZN by selling 175 shares or 26.84% in the most recent quarter. The Hedge Fund company now holds 477 shares of AMZN which is valued at $314,624. Amazon.com makes up approx 0.08% of Washington Trust Bank’s portfolio.
Amazon.com opened for trading at $710.13 and hit $713.25 on the upside on Monday, eventually ending the session at $710.66, with a gain of 0.10% or 0.74 points. The heightened volatility saw the trading volume jump to 54,32,920 shares. Company has a market cap of $335,309 M.
On the company’s financial health, Amazon.com reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.47 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.60. The company had revenue of $29128.00 million for the quarter.The company’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.12 EPS.
Many Wall Street Analysts have commented on Amazon.com. Company shares were Reiterated by Axiom Capital on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 811 from a previous price target of $797 .Company shares were Reiterated by UBS on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 785 from a previous price target of $720 .Company shares were Reiterated by Mizuho on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 810 from a previous price target of $685 .
Amazon.com Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Company’s products are offered through consumer-facing Websites which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices including Kindle e-readers Fire tablets Fire TVs Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Company’s operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.