Amazon.com, Inc. stake (AMZN) harmed by Rovida Advisors Inc.



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  Amazon.com Logo "title =" Amazon.com Logo "clbad =" companylogo "/> Rovida Advisors Inc. reduced its stake in Amazon.com, Inc. (NASDAQ: AMZN) shares by 60.3% During the second quarter, according to the company in its most recent filing of Form 13F with the Securities and Exchange Commission, the institutional investor owned 30,500 shares of the electronic commerce giant's stock after selling 46,320 shares during the quarter. Amazon.com comprises approximately 4.1% of Rovida, the investment portfolio of Advisors Inc., making the shares its 13th largest holding.The holdings of Rovida Advisors Inc. on Amazon.com were worth $ 29,524,000 from its most recent filing with the SEC. </p>
<p>  Several other institutional investors and hedge funds also recently bought and sold AMZN shares, State Street Corp increased its position on Amazon.com by 1.1% in the first tri Mestre State Street Corp now owns 16,544,538 shares of the e-commerce giant's stock valued at $ 14,667,392,000 after buying 186,756 additional shares. s during the last quarter. Harbor Capital Advisors LLC increased its position on Amazon.com by 100,947.5% in the second quarter. Harbor Capital Advisors LLC now owns 2,302,872 shares of the e-commerce giant's stock valued at $ 2,379,000 after buying 2,300,593 additional shares during the last quarter. Legal & General Group Plc increased its position on Amazon.com by 3.8% in the second quarter. Legal & General Group Plc now holds 1,790,451 shares of the e-commerce giant's stock valued at $ 1,733,174,000 after buying 66,086 additional shares during the last quarter. American Century Companies Inc. increased its position on Amazon.com by 0.5% in the first quarter. American Century Companies Inc. now owns 1,647,564 shares of the e-commerce giant's stock valued at $ 1,460,631,000 after buying 8,704 additional shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position on Amazon.com by 1.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,280,034 shares of the e-commerce giant's stock valued at $ 1,239,073,000 after buying 15,147 additional shares during the last quarter. Hedge funds and other institutional investors own 59.83% of the company's shares. </p>
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In other news, CEO Jeffrey P. Bezos sold 391,110 shares in a transaction on Wednesday, November 1. The stock was sold at an average price of $ 1,103.53, for a total transaction of $ 431,601,618.30. After the completion of the transaction, the executive director is now the direct owner of 79,891,433 shares of the company, valued at approximately $ 88,162,593,058.49. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC's website. In addition, director Tom A. Alberg sold 870 shares of the company in a transaction on Wednesday, November 22. The shares were sold at an average price of $ 1,150.00, for a total value of $ 1,000,500.00. After the transaction, the director now owns 17,949 shares of the company, valued at $ 20,641,350. The disclosure of this sale can be found here. In the last quarter, insiders sold 398,703 shares of the company valued at $ 440,138,461. The company's experts hold 17.70% of the company's shares.

AMZN has been the subject of a series of recent research reports. Credit Suisse Group reiterated a "best performance" rating on Amazon.com shares in a research report on Thursday, August 31. Monness Crespi & Hardt upgraded Amazon.com from a "neutral" rating to a "purchase" rating and set a target price of $ 1,250.00 on the shares in a research report on Friday, October 27. Cowen Inc reiterated a "better performance" rating and issued a target price of $ 1,125.00 on Amazon.com shares in a research report on Thursday, August 10. Leerink Swann reiterated a "buy" rating on Amazon.com shares in a research report on Monday, October 30. Finally, TheStreet upgraded Amazon.com from a "c +" rating to a "b-" rating in a research report on Tuesday, November 7. Five research badysts have rated the share with a withholding rating and forty nine have granted a purchase rating to the company's shares. Amazon.com currently has a "Buy" consensus rating and a consensus price target of $ 1,160.04.

Amazon.com, Inc. (NASDAQ: AMZN) opened at $ 1,186.00 on Friday. The company has a market capitalization of $ 571,500.19, a price-earnings ratio of 301.02, a PEG ratio of 14.86 and a beta of 1.45. The company has a current index of 1.03, a quick ratio of 0.74 and a debt to equity ratio of 1.00. Amazon.com, Inc. has a minimum of twelve months of $ 736.70 and a maximum of twelve months of $ 1,186.84.

Amazon.com (NASDAQ: AMZN) last published its quarterly earnings results on Thursday, October 26. The e-commerce giant reported earnings of $ 0.52 per share for the quarter, without badysts' consensus estimates of $ 1.09 per ($ 0.57). The business had revenues of $ 43.74 billion for the quarter, compared to badyst expectations of $ 42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. Business revenue for the quarter increased 33.7% compared to the same quarter last year. During the same quarter of the previous year, the company recorded earnings of $ 0.52 per share. Research badysts predict that Amazon.com, Inc. will post 4.24 earnings per share for the current year.

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About Amazon.com

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 buys for resale of suppliers and those offered by third-party vendors.

Do you want to see what other hedge funds AMZN is keeping? Visit HoldingsChannel.com for the latest 13F registrations and insider trading for Amazon.com, Inc. (NASDAQ: AMZN).

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