Signaturefd LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 86.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,690 shares of the e-commerce giant’s stock after purchasing an additional 786 shares during the quarter. Signaturefd LLC’s holdings in Amazon.com were worth $1,498,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sii Investments Inc. WI boosted its position in Amazon.com by 22.4% during the first quarter. Sii Investments Inc. WI now owns 3,023 shares of the e-commerce giant’s stock worth $2,688,000 after purchasing an additional 554 shares in the last quarter. Harbor Advisors LLC boosted its position in Amazon.com by 18.2% during the first quarter. Harbor Advisors LLC now owns 6,500 shares of the e-commerce giant’s stock worth $5,763,000 after purchasing an additional 1,000 shares in the last quarter. Level Four Advisory Services LLC boosted its position in Amazon.com by 23.8% during the first quarter. Level Four Advisory Services LLC now owns 6,166 shares of the e-commerce giant’s stock worth $5,585,000 after purchasing an additional 1,184 shares in the last quarter. State Street Corp boosted its position in Amazon.com by 1.1% during the first quarter. State Street Corp now owns 16,544,538 shares of the e-commerce giant’s stock worth $14,667,392,000 after purchasing an additional 186,756 shares in the last quarter. Finally, Nippon Life Global Investors Americas Inc. boosted its position in Amazon.com by 6.8% during the first quarter. Nippon Life Global Investors Americas Inc. now owns 36,120 shares of the e-commerce giant’s stock worth $32,022,000 after purchasing an additional 2,300 shares in the last quarter. Institutional investors own 60.80% of the company’s stock.

Several analysts have recently issued reports on the company. Instinet reduced their price objective on Amazon.com from $1,100.00 to $975.00 and set a “buy” rating on the stock in a research report on Friday, June 16th. Loop Capital restated a “buy” rating on shares of Amazon.com in a research report on Thursday, June 8th. Vetr downgraded Amazon.com from a “strong-buy” rating to a “buy” rating and set a $1,132.46 price objective on the stock. in a research report on Tuesday, July 18th. KeyCorp restated a “hold” rating on shares of Amazon.com in a research report on Monday, August 28th. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of Amazon.com in a research report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, forty-six have assigned a buy rating and two have given a strong buy rating to the company’s stock. Amazon.com has an average rating of “Buy” and a consensus target price of $1,092.58.

Amazon.com, Inc. (AMZN) traded down 1.39% during midday trading on Friday, reaching $965.90. The company’s stock had a trading volume of 2,605,322 shares. The firm has a market cap of $464.00 billion, a P/E ratio of 245.65 and a beta of 1.47. The firm has a 50 day moving average price of $983.17 and a 200-day moving average price of $944.52. Amazon.com, Inc. has a 52 week low of $710.10 and a 52 week high of $1,083.31.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by $1.00. Amazon.com had a return on equity of 9.38% and a net margin of 1.28%. The business had revenue of $37.96 billion for the quarter, compared to the consensus estimate of $37.18 billion. During the same period in the prior year, the business posted $1.78 earnings per share. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. On average, analysts forecast that Amazon.com, Inc. will post $3.99 earnings per share for the current fiscal year.

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In other news, CEO Jeffrey A. Wilke sold 710 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of $985.25, for a total transaction of $699,527.50. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $9,852,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $955.20, for a total transaction of $2,674,560.00. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $9,552,000. The disclosure for this sale can be found here. Insiders have sold 9,793 shares of company stock worth $9,574,377 over the last ninety days. 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.

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

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