Stoneridge Investment Partners Buys Big in Amazon.com

Stoneridge Investment Partners LLC acquired 26,754 shares of Amazon.com's stock in the second quarter, valued at approximately $7.3 million.

This represents a new stake for Stoneridge Investment Partners LLC and makes up about 4.7% of its investment portfolio, with Amazon being its third largest holding.

Amazon's current ratio is 1.03, quick ratio is 0.87, and debt-to-equity ratio is 0.23, while the stock has a market cap of $2.77 trillion and a P/E ratio of 20.67.

The e-commerce giant reported $5.75 EPS for the quarter, beating analysts' consensus estimates by $3.93, with revenue of $200.61 billion, up 19.6% from last year's same period.