Stocks
Amazon.com Gains New Investor as Idaho Trust Co Bets Big on E-Commerce Giant
Idaho Trust Co has invested $645,000 in Amazon.com, Inc. (NASDAQ:AMZN), acquiring 2,705 shares of its stock during the second quarter.
This new position accounts for approximately 0.2% of Idaho Trust Co's holdings and is their 19th largest stock holding.
Amazon.com, Inc. has a market cap of $2.72 trillion and a PE ratio of 20.26, and it reported earnings per share of $5.75 in the second quarter, exceeding analysts' estimates of $1.82.