Bridgewater Wealth & Financial Management LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 768 shares of the e-commerce giant’s stock after buying an additional 108 shares during the period. Bridgewater Wealth & Financial Management LLC’s holdings in Amazon.com were worth $743,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Hartland & Co. LLC lifted its holdings in shares of Amazon.com by 9.2% in the second quarter. Hartland & Co. LLC now owns 1,998 shares of the e-commerce giant’s stock valued at $1,934,000 after purchasing an additional 169 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of Amazon.com by 22.5% in the second quarter. Ballentine Partners LLC now owns 2,921 shares of the e-commerce giant’s stock valued at $3,018,000 after purchasing an additional 537 shares in the last quarter. DE Burlo Group Inc. lifted its holdings in shares of Amazon.com by 31.5% in the second quarter. DE Burlo Group Inc. now owns 18,417 shares of the e-commerce giant’s stock valued at $17,827,000 after purchasing an additional 4,408 shares in the last quarter. Highstreet Asset Management Inc. lifted its holdings in shares of Amazon.com by 50.2% in the second quarter. Highstreet Asset Management Inc. now owns 3,912 shares of the e-commerce giant’s stock valued at $3,787,000 after purchasing an additional 1,308 shares in the last quarter. Finally, Greenbrier Partners Capital Management LLC lifted its holdings in shares of Amazon.com by 20.0% in the second quarter. Greenbrier Partners Capital Management LLC now owns 30,000 shares of the e-commerce giant’s stock valued at $29,040,000 after purchasing an additional 5,000 shares in the last quarter. 60.62% of the stock is currently owned by hedge funds and other institutional investors.

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In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The shares were 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 owns 10,000 shares of the company’s stock, valued at approximately $9,552,000. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the transaction, the chief executive officer now directly owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. The disclosure for this sale can be found here. In the last three months, insiders have sold 399,483 shares of company stock worth $439,775,421. 17.00% of the stock is owned by corporate insiders.

Amazon.com, Inc. (NASDAQ AMZN) opened at $1,123.17 on Wednesday. The company has a market cap of $540,014.94, a PE ratio of 284.43, a price-to-earnings-growth ratio of 13.95 and a beta of 1.45. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. Amazon.com, Inc. has a 52 week low of $710.10 and a 52 week high of $1,130.60.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.57). The company had revenue of $43.74 billion for the quarter, compared to analyst estimates of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS. equities research analysts forecast that Amazon.com, Inc. will post 4.26 earnings per share for the current year.

AMZN has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $1,100.00 price target on shares of Amazon.com in a report on Tuesday, July 11th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $1,100.00 price target on shares of Amazon.com in a report on Tuesday, July 11th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Amazon.com in a report on Tuesday, July 11th. BidaskClub raised shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Finally, Vetr raised shares of Amazon.com from a “buy” rating to a “strong-buy” rating and set a $1,136.35 price target on the stock in a report on Wednesday, July 12th. Five equities research analysts have rated the stock with a hold rating and forty-nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $1,142.08.

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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