Axa boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 242,815 shares of the e-commerce giant’s stock after acquiring an additional 5,742 shares during the quarter. Amazon.com makes up approximately 1.0% of Axa’s portfolio, making the stock its 6th largest holding. Axa’s holdings in Amazon.com were worth $233,431,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. Sage Capital Advisors llc grew its holdings in Amazon.com by 554.9% during the third quarter. Sage Capital Advisors llc now owns 2,135 shares of the e-commerce giant’s stock valued at $2,052,000 after purchasing an additional 1,809 shares during the last quarter. Shelton Capital Management grew its holdings in Amazon.com by 5.0% during the third quarter. Shelton Capital Management now owns 28,220 shares of the e-commerce giant’s stock valued at $27,129,000 after purchasing an additional 1,340 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in Amazon.com by 15.1% during the third quarter. Chicago Partners Investment Group LLC now owns 1,686 shares of the e-commerce giant’s stock valued at $1,621,000 after purchasing an additional 221 shares during the last quarter. Institutional & Family Asset Management LLC grew its holdings in Amazon.com by 18.6% during the third quarter. Institutional & Family Asset Management LLC now owns 414 shares of the e-commerce giant’s stock valued at $398,000 after purchasing an additional 65 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in Amazon.com during the third quarter valued at approximately $21,939,000. 60.22% of the stock is currently owned by hedge funds and other institutional investors.
Amazon.com, Inc. (NASDAQ AMZN) opened at $1,598.39 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 1.04 and a debt-to-equity ratio of 0.89. Amazon.com, Inc. has a twelve month low of $833.50 and a twelve month high of $1,605.33. The stock has a market capitalization of $773,790.00, a PE ratio of 348.99, a P/E/G ratio of 6.95 and a beta of 1.54.
AMZN has been the topic of several analyst reports. Loop Capital set a $1,300.00 price target on Amazon.com and gave the company a “buy” rating in a report on Monday, November 13th. KeyCorp restated a “hold” rating on shares of Amazon.com in a research note on Wednesday, November 15th. Citigroup restated a “buy” rating on shares of Amazon.com in a research note on Sunday, November 19th. Nomura restated a “buy” rating and issued a $1,360.00 price objective on shares of Amazon.com in a research note on Monday, November 20th. Finally, Vetr downgraded shares of Amazon.com from a “hold” rating to a “sell” rating and set a $1,129.92 price objective on the stock. in a research note on Monday, November 27th. Five equities research analysts have rated the stock with a hold rating, forty-seven have assigned a buy rating and two have issued a strong buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $1,472.95.
In related news, Director Tom A. Alberg sold 670 shares of Amazon.com stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $1,500.00, for a total value of $1,005,000.00. Following the completion of the transaction, the director now directly owns 14,159 shares of the company’s stock, valued at $21,238,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffrey A. Wilke sold 250 shares of Amazon.com stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $1,549.90, for a total value of $387,475.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $15,499,000. The disclosure for this sale can be found here. Insiders sold 5,714 shares of company stock valued at $8,462,195 over the last ninety days. 17.00% of the stock is currently owned by company insiders.
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 purchases for resale from vendors and those offered by third-party sellers.
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