Oregon Public Employees Retirement Fund raised its stake in shares of Amazon.com Inc. (NASDAQ:AMZN) by 37.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,118 shares of the e-commerce giant’s stock after buying an additional 22,942 shares during the period. Amazon.com comprises about 1.5% of Oregon Public Employees Retirement Fund’s investment portfolio, making the stock its 6th largest position. Oregon Public Employees Retirement Fund’s holdings in Amazon.com were worth $70,433,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Amazon.com by 4.8% in the second quarter. Vanguard Group Inc. now owns 23,795,875 shares of the e-commerce giant’s stock valued at $17,028,804,000 after buying an additional 1,082,051 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of Amazon.com by 1.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 10,080,377 shares of the e-commerce giant’s stock valued at $7,213,719,000 after buying an additional 111,791 shares during the last quarter. BlackRock Fund Advisors increased its stake in shares of Amazon.com by 1.8% in the second quarter. BlackRock Fund Advisors now owns 4,694,139 shares of the e-commerce giant’s stock valued at $3,359,220,000 after buying an additional 82,894 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in shares of Amazon.com by 8.9% in the second quarter. TIAA CREF Investment Management LLC now owns 2,975,858 shares of the e-commerce giant’s stock valued at $2,129,584,000 after buying an additional 243,132 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Amazon.com by 1.2% in the second quarter. Ameriprise Financial Inc. now owns 2,840,444 shares of the e-commerce giant’s stock valued at $2,032,673,000 after buying an additional 34,555 shares during the last quarter. Hedge funds and other institutional investors own 64.77% of the company’s stock.

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

Shares of Amazon.com Inc. (NASDAQ:AMZN) opened at 766.77 on Tuesday. Amazon.com Inc. has a 12-month low of $474.00 and a 12-month high of $847.21. The stock has a market capitalization of $364.34 billion, a price-to-earnings ratio of 175.66 and a beta of 1.51. The company has a 50-day moving average of $789.54 and a 200 day moving average of $761.26.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 27th. The e-commerce giant reported $0.52 earnings per share (EPS) for the quarter, missing the 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 earned $32.71 billion during the quarter, compared to analysts’ expectations of $32.69 billion. During the same quarter last year, the firm earned $0.17 EPS. Amazon.com’s revenue for the quarter was up 29.0% on a year-over-year basis. Analysts predict that Amazon.com Inc. will post $4.78 earnings per share for the current year.

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AMZN has been the subject of several research analyst reports. Robert W. Baird reaffirmed an “outperform” rating on shares of Amazon.com in a report on Tuesday, October 18th. Wedbush reissued an “outperform” rating and issued a $900.00 price objective on shares of Amazon.com in a report on Friday, September 30th. Evercore ISI reissued a “buy” rating and issued a $990.00 price objective on shares of Amazon.com in a report on Monday. MKM Partners boosted their price objective on shares of Amazon.com from $850.00 to $995.00 and gave the company a “buy” rating in a report on Tuesday, August 2nd. Finally, Cowen and Company reissued an “outperform” rating and issued a $960.00 price objective (up previously from $900.00) on shares of Amazon.com in a report on Monday, September 26th. Six research analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $911.75.

In other Amazon.com news, CEO Andrew R. Jassy sold 14,000 shares of Amazon.com stock in a transaction dated Thursday, September 22nd. The stock was sold at an average price of $800.00, for a total value of $11,200,000.00. Following the transaction, the chief executive officer now owns 68,141 shares in the company, valued at $54,512,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 17.70% of the stock is owned by company 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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