Boston Advisors LLC Grows Holdings in Amazon.com, Inc. (AMZN)

Boston Advisors LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.2% during the 4th quarter, Holdings Channel reports. The firm owned 88,319 shares of the e-commerce giant’s stock after acquiring an additional 6,723 shares during the quarter. Amazon.com comprises approximately 2.2% of Boston Advisors LLC’s investment portfolio, making the stock its 4th largest position. Boston Advisors LLC’s holdings in Amazon.com were worth $103,286,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in AMZN. Regis Management CO LLC boosted its holdings in shares of Amazon.com by 0.9% in the 2nd quarter. Regis Management CO LLC now owns 231 shares of the e-commerce giant’s stock valued at $224,000 after acquiring an additional 2 shares during the last quarter. Hall Capital Management Co. Inc. boosted its holdings in shares of Amazon.com by 0.8% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 403 shares of the e-commerce giant’s stock valued at $390,000 after acquiring an additional 3 shares during the last quarter. Noesis Capital Mangement Corp boosted its holdings in shares of Amazon.com by 0.8% in the 2nd quarter. Noesis Capital Mangement Corp now owns 505 shares of the e-commerce giant’s stock valued at $489,000 after acquiring an additional 4 shares during the last quarter. Exencial Wealth Advisors LLC boosted its holdings in shares of Amazon.com by 1.3% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 395 shares of the e-commerce giant’s stock valued at $382,000 after acquiring an additional 5 shares during the last quarter. Finally, Kingfisher Capital LLC boosted its holdings in shares of Amazon.com by 0.3% in the 2nd quarter. Kingfisher Capital LLC now owns 1,632 shares of the e-commerce giant’s stock valued at $1,580,000 after acquiring an additional 5 shares during the last quarter. 60.21% of the stock is currently owned by institutional investors.

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In other news, CEO Jeffrey A. Wilke sold 500 shares of the company’s stock in a transaction on Wednesday, March 21st. The shares were sold at an average price of $1,577.85, for a total transaction of $788,925.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $15,778,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Tom A. Alberg sold 670 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $1,500.00, for a total transaction of $1,005,000.00. Following the sale, the director now directly owns 14,159 shares of the company’s stock, valued at approximately $21,238,500. The disclosure for this sale can be found here. Insiders have sold 6,214 shares of company stock valued at $9,251,120 in the last ninety days. Insiders own 17.70% of the company’s stock.

Several analysts have recently commented on AMZN shares. Guggenheim reaffirmed a “buy” rating and issued a $1,400.00 price objective on shares of Amazon.com in a report on Thursday, December 14th. JPMorgan Chase reiterated an “overweight” rating and issued a $1,375.00 target price (up from $1,220.00) on shares of Amazon.com in a research note on Monday, December 18th. JMP Securities reiterated an “outperform” rating and issued a $1,350.00 target price (up from $1,240.00) on shares of Amazon.com in a research note on Tuesday, December 19th. Citigroup reiterated a “buy” rating and issued a $1,400.00 target price (up from $1,250.00) on shares of Amazon.com in a research note on Friday, January 5th. Finally, Vetr cut shares of Amazon.com from a “buy” rating to a “hold” rating and set a $1,277.08 target price for the company. in a research note on Monday, January 8th. Four analysts have rated the stock with a hold rating, forty-eight have given a buy rating and two have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $1,494.78.

NASDAQ:AMZN opened at $1,405.23 on Friday. Amazon.com, Inc. has a fifty-two week low of $884.49 and a fifty-two week high of $1,617.54. The firm has a market cap of $682,867.06, a price-to-earnings ratio of 308.84, a P/E/G ratio of 6.20 and a beta of 1.59. 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 (NASDAQ:AMZN) last released its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.85 by $0.31. Amazon.com had a net margin of 1.71% and a return on equity of 9.23%. The business had revenue of $60.45 billion during the quarter, compared to analyst estimates of $59.85 billion. During the same quarter in the prior year, the firm earned $1.54 earnings per share. The company’s revenue for the quarter was up 38.2% compared to the same quarter last year. equities research analysts predict that Amazon.com, Inc. will post 8.49 EPS for the current year.

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Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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