Williams Jones & Associates LLC raised its position in shares of Amazon.com Inc. (NASDAQ:AMZN) by 22.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,801 shares of the e-commerce giant’s stock after buying an additional 4,596 shares during the period. Williams Jones & Associates LLC’s holdings in Amazon.com were worth $17,748,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pathstone Family Office LLC boosted its position in Amazon.com by 92.1% in the second quarter. Pathstone Family Office LLC now owns 146 shares of the e-commerce giant’s stock valued at $105,000 after buying an additional 70 shares in the last quarter. Kistler Tiffany Companies LLC boosted its position in shares of Amazon.com by 906.7% in the second quarter. Kistler Tiffany Companies LLC now owns 151 shares of the e-commerce giant’s stock worth $108,000 after buying an additional 136 shares during the period. Kings Point Capital Management bought a new position in shares of Amazon.com during the second quarter worth about $109,000. Krilogy Financial LLC boosted its position in shares of Amazon.com by 157.1% in the second quarter. Krilogy Financial LLC now owns 198 shares of the e-commerce giant’s stock worth $142,000 after buying an additional 121 shares during the period. Finally, West Oak Capital LLC boosted its position in shares of Amazon.com by 105.7% in the second quarter. West Oak Capital LLC now owns 216 shares of the e-commerce giant’s stock worth $155,000 after buying an additional 111 shares during the period. 65.62% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Amazon.com Inc. (NASDAQ:AMZN) traded up 0.50% during mid-day trading on Friday, reaching $760.16. The company had a trading volume of 4,373,408 shares. Amazon.com Inc. has a 12-month low of $474.00 and a 12-month high of $847.21. The firm has a market capitalization of $361.20 billion, a PE ratio of 174.15 and a beta of 1.51. The stock has a 50 day moving average price of $800.42 and a 200 day moving average price of $756.36.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 27th. The e-commerce giant reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.80 by $0.28. Amazon.com had a net margin of 1.64% and a return on equity of 13.47%. The company had revenue of $32.71 billion for the quarter, compared to the consensus estimate of $32.69 billion. During the same period in the prior year, the firm posted $0.17 EPS. The business’s revenue for the quarter was up 29.0% on a year-over-year basis. On average, equities analysts forecast that Amazon.com Inc. will post $4.75 earnings per share for the current year.

A number of brokerages recently issued reports on AMZN. Canaccord Genuity raised their target price on shares of Amazon.com from $765.00 to $825.00 and gave the company a “buy” rating in a research note on Sunday, July 24th. Vetr raised shares of Amazon.com from a “hold” rating to a “buy” rating and set a $774.57 target price on the stock in a research note on Monday, July 25th. Cantor Fitzgerald reissued a “buy” rating and issued a $800.00 target price on shares of Amazon.com in a research note on Tuesday, July 26th. Evercore ISI reissued a “buy” rating and issued a $820.00 target price on shares of Amazon.com in a research note on Tuesday, July 26th. Finally, Mizuho raised their target price on shares of Amazon.com from $810.00 to $855.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Six investment analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $912.64.

In other Amazon.com news, CEO Andrew R. Jassy sold 14,000 shares of the company’s stock in a transaction that occurred on Thursday, September 22nd. The stock was sold at an average price of $800.00, for a total transaction of $11,200,000.00. Following the sale, the chief executive officer now directly owns 68,141 shares in the company, valued at $54,512,800. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 17.70% of the stock is owned by insiders.

Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).

5 Day Chart for NASDAQ:AMZN

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