Amazon.com, Inc. (AMZN) Position Boosted by Axa

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.

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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.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.85 by $0.31. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The business had revenue of $60.45 billion during the quarter, compared to analysts’ expectations of $59.85 billion. During the same period in the previous year, the business posted $1.54 earnings per share. The firm’s revenue for the quarter was up 38.2% compared to the same quarter last year. research analysts predict that Amazon.com, Inc. will post 8.49 EPS for the current fiscal year.

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.

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Amazon.com Profile

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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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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