AMAZON.COM INC COM (AMZN) : Advisory Services Network scooped up 1,010 additional shares in AMAZON.COM INC COM during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 8,464 shares of AMAZON.COM INC COM which is valued at $5,251,912.AMAZON.COM INC COM makes up approximately 1.41% of Advisory Services Network’s portfolio.
AMAZON.COM INC COM closed down -10.31 points or -1.67% at $606.57 with 40,68,767 shares getting traded on Wednesday. Post opening the session at $611.8, the shares hit an intraday low of $601.28 and an intraday high of $615.95 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Tnb Financial reduced its stake in AMZN by selling 62 shares or 0.58% in the most recent quarter. The Hedge Fund company now holds 10,626 shares of AMZN which is valued at $6,650,707. AMAZON.COM INC COM makes up approx 1.98% of Tnb Financial’s portfolio.Bath Savings Trust Co reduced its stake in AMZN by selling 15 shares or 0.45% in the most recent quarter. The Hedge Fund company now holds 3,315 shares of AMZN which is valued at $2,074,825. AMAZON.COM INC COM makes up approx 0.66% of Bath Savings Trust Co’s portfolio.
On the company’s financial health, AMAZON.COM INC COM reported $1.00 EPS for the quarter, missing the analyst consensus estimate by $ -0.58 based on the information available during the earnings call on Jan 28, 2016. Analyst had a consensus of $1.58. The company had revenue of $35747.00 million for the quarter, compared to analysts expectations of $35976.69 million. The company’s revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.
Many Wall Street Analysts have commented on AMAZON.COM INC COM. Company shares were Reiterated by Stifel on Mar 29, 2016 to “Buy”, Firm has raised the Price Target to $ 775 from a previous price target of $750 .AMAZON.COM INC COM was Downgraded by Raymond James to ” Outperform” on Mar 22, 2016. Company shares were Upgraded by Canaccord Genuity on Feb 18, 2016 to ” Buy”, Firm has raised the Price Target to $ 750 from a previous price target of $600 .
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.