Amazon.com (AMZN) Getting Somewhat Favorable Media Coverage, Report Shows

Whole Foods Market Acquisition

(NASDAQ:AMZN) by 1.6% during the third quarter, Holdings Channel reports.

Louisiana State Employees Retirement System decreased its stake in Amazon.com, Inc. Brave Asset Management Inc.'s holdings in Amazon.com were worth $3,259,000 as of its most recent SEC filing. Finally, CT Mason bought a new stake in shares of Amazon.com during the first quarter valued at approximately $3,508,000.

Wall Street expects Amazon to report another quarter with plenty of growth but little profit, as the e-commerce giant ramps up its investment in areas like warehouses, content, and global markets. Inc. lifted its holdings in shares of Amazon.com by 173.5% in the first quarter. Reinhart Partners Inc. now owns 789 shares of the e-commerce giant's stock valued at $699,000 after acquiring an additional 316 shares in the last quarter. WealthTrust Arizona LLC raised its stake in shares of Amazon.com by 2.7% during the second quarter. Adviser Investments LLC now owns 759 shares of the e-commerce giant's stock valued at $673,000 after purchasing an additional 284 shares in the last quarter. Currently Amazon.com, Inc. (AMZN) stock is moving with Upswing trend. Over the last 90 days, insiders have sold 9,083 shares of company stock valued at $8,874,850.

Amazon.com, Inc. (AMZN) has a Return on Assets of 2.4 percent, Return on Investment of 7.1 percent and a Return on Equity of 9.4 percent. The shares took a massive haircut as a result, falling from its all-time high of $1,083 to around $936. Hedge funds and other institutional investors own 60.80% of the company's stock.

The stock has advanced 37.01% to a low over the previous one year and showed declining move -10.19% to a high over the same period. (NASDAQ:AMZN) opened at 813.64 on Friday. Now we look at the Moving Averages, the 200-day is 4.31%, the 50-day is 0.02% and the 20-day is -0.83%. The company has a market capitalization of $467.37 billion, a price-to-earnings ratio of 247.43 and a beta of 1.47.

(NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 27th. That said, the company did miss its second quarter earnings estimates and signaled increased capital spending, which spooked investors into selling AMZN stock. The business had revenue of $37.96 billion during the quarter, compared to analysts' expectations of $37.18 billion. Net profit margin of the company was recorded at 1.3 percent, operating profit margin was 2.3 percent, while gross profit margin stands at 36 percent. For the full year, ending December, EPS is expected to be $3.63 per share, down from $4.90 per share a year ago, while full year revenue of $174.65 billion would rise 28.4% year over year. Amazon.com, Inc. (AMZN) is sinking -0.31% to $972.91. Monness Crespi & Hardt maintained Amazon.com, Inc. "(AMZN) Holdings Trimmed by New Mexico Educational Retirement Board" was originally posted by Week Herald and is the property of of Week Herald. If you are viewing this story on another domain, it was stolen and republished in violation of U.S. and worldwide trademark and copyright law.

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A number of analysts have recently commented on AMZN shares. Whirlpool had 24 analyst reports since August 13, 2015 according to SRatingsIntel. Mizuho reiterated a "buy" rating and issued a $1,250.00 price objective on shares of Amazon.com in a research report on Friday, October 20th. BidaskClub cut Amazon.com from a "buy" rating to a "hold" rating in a research note on Tuesday, July 4th.

Among 9 analysts covering Whirlpool (NYSE:WHR), 3 have Buy rating, 0 Sell and 6 Hold. The company presently has a consensus rating of "Buy" and a consensus target price of $1,121.22.

In other Amazon.com news, insider Brian T. Olsavsky sold 2,334 shares of the stock in a transaction on Tuesday, August 15th.

A total of 3.01 Billion shares exchanged at hands and its average trading volume is standing at 3.33 Million shares. The Fairfield Bush & Company holds 11,625 shares with $11.25M value, down from 12,010 last quarter. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Following the transaction, the vice president now directly owns 6,533 shares in the company, valued at $6,444,935.16. The disclosure for this sale can be found here. Corporate insiders own 17.70% of the company's stock.

IPG Investment Advisors LLC lowered its position in Amazon.com, Inc.

Beyond the top and bottom line numbers and the impact of Whole Foods, the Street will want to see how the company's AWS (Amazon Web Services) cloud platform performs, which will dictate how much of a focus should be placed on the company's capital spending. The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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