Mn Services Vermogensbeheer B.V. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,094 shares of the e-commerce giant’s stock after acquiring an additional 600 shares during the quarter. Amazon.com accounts for about 1.7% of Mn Services Vermogensbeheer B.V.’s investment portfolio, making the stock its 4th largest holding. Mn Services Vermogensbeheer B.V.’s holdings in Amazon.com were worth $64,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently modified their holdings of AMZN. First PREMIER Bank boosted its holdings in Amazon.com by 20.9% during the 2nd quarter. First PREMIER Bank now owns 231 shares of the e-commerce giant’s stock valued at $224,000 after acquiring an additional 40 shares during the period. West Oak Capital LLC boosted its holdings in Amazon.com by 161.7% during the 2nd quarter. West Oak Capital LLC now owns 696 shares of the e-commerce giant’s stock valued at $674,000 after acquiring an additional 430 shares during the period. First American Trust FSB boosted its holdings in Amazon.com by 2.0% during the 2nd quarter. First American Trust FSB now owns 9,273 shares of the e-commerce giant’s stock valued at $8,977,000 after acquiring an additional 183 shares during the period. Xact Kapitalforvaltning AB boosted its holdings in Amazon.com by 0.7% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 65,818 shares of the e-commerce giant’s stock valued at $63,712,000 after acquiring an additional 458 shares during the period. Finally, Centre Asset Management LLC raised its position in Amazon.com by 6.0% during the 2nd quarter. Centre Asset Management LLC now owns 19,360 shares of the e-commerce giant’s stock valued at $18,740,000 after purchasing an additional 1,090 shares during the last quarter. Institutional investors own 59.78% of the company’s stock.
Shares of Amazon.com, Inc. (AMZN) opened at $1,305.20 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. Amazon.com, Inc. has a 52 week low of $803.00 and a 52 week high of $1,305.76. The company has a market capitalization of $628,940.00, a price-to-earnings ratio of 329.60, a price-to-earnings-growth ratio of 7.22 and a beta of 1.46.
Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.57). Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The business had revenue of $43.74 billion for the quarter, compared to analysts’ expectations of $42.26 billion. During the same quarter in the prior year, the business posted $0.52 earnings per share. The business’s revenue for the quarter was up 33.7% on a year-over-year basis. equities research analysts anticipate that Amazon.com, Inc. will post 4.24 earnings per share for the current year.
In other Amazon.com news, CEO Jeffrey P. Bezos sold 391,110 shares of the stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the sale, the chief executive officer now directly owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Tom A. Alberg sold 1,860 shares of the stock in a transaction on Monday, November 6th. The shares were sold at an average price of $1,109.20, for a total value of $2,063,112.00. Following the sale, the director now owns 18,460 shares in the company, valued at $20,475,832. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 402,338 shares of company stock worth $444,391,701. Company insiders own 17.00% of the company’s stock.
AMZN has been the subject of a number of recent analyst reports. Canaccord Genuity reaffirmed a “buy” rating and set a $1,200.00 price target on shares of Amazon.com in a research report on Wednesday, October 11th. Wedbush set a $1,250.00 price target on Amazon.com and gave the company a “buy” rating in a research report on Monday, October 23rd. Morgan Stanley reaffirmed a “buy” rating and set a $1,150.00 price target on shares of Amazon.com in a research report on Tuesday, October 10th. Atlantic Securities reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, October 27th. Finally, DA Davidson upped their price target on Amazon.com from $1,300.00 to $1,500.00 and gave the company a “buy” rating in a research report on Wednesday, November 29th. Four investment analysts have rated the stock with a hold rating and fifty-one have given a buy rating to the company. Amazon.com presently has an average rating of “Buy” and an average price target of $1,262.35.
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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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