Hara Capital Buys New Holdings in Amazon.com
Hara Capital LLC, a financial firm, acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter of this year. According to its most recent disclosure with the Securities & Exchange Commission, Hara Capital bought 5,150 shares of the e-commerce giant's stock for approximately $1,227,000.
This is not an isolated incident as several other institutional investors and hedge funds have also recently bought or sold shares of AMZN. Trust Asset Management LLC increased its stake in Amazon.com by 3.3% during the second quarter. The company now owns 107,563 shares of the e-commerce giant's stock worth $26,000 after purchasing an additional 3,414 shares.
The market capitalization of Amazon.com is approximately $2.65 trillion with a P/E ratio of 19.79 and a beta of 1.44. The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion.