State of Wisconsin Investment Board boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 404,892 shares of the e-commerce giant’s stock after buying an additional 53,662 shares during the period. Amazon.com comprises approximately 1.4% of State of Wisconsin Investment Board’s investment portfolio, making the stock its 3rd largest position. State of Wisconsin Investment Board’s holdings in Amazon.com were worth $358,953,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC boosted its stake in Amazon.com by 1.1% in the first quarter. Fisher Asset Management LLC now owns 2,024,756 shares of the e-commerce giant’s stock worth $1,795,028,000 after buying an additional 22,032 shares in the last quarter. American Century Companies Inc. boosted its stake in Amazon.com by 0.5% in the first quarter. American Century Companies Inc. now owns 1,647,564 shares of the e-commerce giant’s stock worth $1,460,631,000 after buying an additional 8,704 shares in the last quarter. APG Asset Management N.V. boosted its stake in Amazon.com by 3.7% in the first quarter. APG Asset Management N.V. now owns 810,292 shares of the e-commerce giant’s stock worth $718,356,000 after buying an additional 28,703 shares in the last quarter. Pioneer Investment Management Inc. boosted its stake in Amazon.com by 6.8% in the first quarter. Pioneer Investment Management Inc. now owns 763,353 shares of the e-commerce giant’s stock worth $676,743,000 after buying an additional 48,882 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Amazon.com by 1.1% in the first quarter. Rhumbline Advisers now owns 635,236 shares of the e-commerce giant’s stock worth $563,162,000 after buying an additional 7,068 shares in the last quarter. Institutional investors and hedge funds own 60.79% of the company’s stock.

Amazon.com, Inc. (NASDAQ AMZN) traded down 0.24% during trading on Friday, reaching $978.25. The company’s stock had a trading volume of 2,535,917 shares. The company has a market cap of $469.93 billion, a price-to-earnings ratio of 248.79 and a beta of 1.48. The stock’s 50 day moving average is $989.56 and its 200 day moving average is $940.87. Amazon.com, Inc. has a 12 month low of $710.10 and a 12 month high of $1,083.31.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.40 by $1.00. The company had revenue of $37.96 billion for the quarter, compared to analysts’ expectations of $37.18 billion. Amazon.com had a return on equity of 9.38% and a net margin of 1.28%. The company’s revenue was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.78 EPS. On average, equities analysts expect that Amazon.com, Inc. will post $4.01 EPS for the current fiscal year.

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A number of analysts have recently issued reports on AMZN shares. Credit Suisse Group restated an “outperform” rating on shares of Amazon.com in a research report on Thursday. Cowen and Company restated an “outperform” rating and set a $1,125.00 price objective on shares of Amazon.com in a research report on Thursday, August 10th. Robert W. Baird restated an “outperform” rating and set a $1,100.00 price objective on shares of Amazon.com in a research report on Friday, May 19th. Deutsche Bank AG restated a “buy” rating on shares of Amazon.com in a research report on Monday, June 12th. Finally, Zacks Investment Research cut Amazon.com from a “hold” rating to a “strong sell” rating in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, forty-five have given a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $1,088.16.

In other Amazon.com news, CEO Andrew R. Jassy sold 1,985 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $986.12, for a total transaction of $1,957,448.20. Following the sale, the chief executive officer now owns 81,479 shares in the company, valued at $80,348,071.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $955.20, for a total value of $2,674,560.00. Following the sale, the chief executive officer now owns 10,000 shares in the company, valued at approximately $9,552,000. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,463 shares of company stock worth $14,294,906. Company insiders own 17.70% of the company’s stock.

Amazon.com Company 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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