Federated Investors Inc. PA trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 163,595 shares of the e-commerce giant’s stock after selling 18,575 shares during the period. Federated Investors Inc. PA’s holdings in Amazon.com were worth $158,359,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMZN. Northeast Financial Consultants Inc boosted its position in Amazon.com by 17.2% during the first quarter. Northeast Financial Consultants Inc now owns 5,469 shares of the e-commerce giant’s stock valued at $4,848,000 after buying an additional 802 shares during the period. Greenleaf Trust boosted its holdings in shares of Amazon.com by 5.0% during the first quarter. Greenleaf Trust now owns 1,129 shares of the e-commerce giant’s stock worth $1,001,000 after purchasing an additional 54 shares during the period. Oxbow Advisors LLC boosted its holdings in shares of Amazon.com by 0.3% during the first quarter. Oxbow Advisors LLC now owns 3,068 shares of the e-commerce giant’s stock worth $2,720,000 after purchasing an additional 9 shares during the period. Garrison Bradford & Associates Inc. boosted its holdings in shares of Amazon.com by 7.0% during the first quarter. Garrison Bradford & Associates Inc. now owns 760 shares of the e-commerce giant’s stock worth $674,000 after purchasing an additional 50 shares during the period. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Amazon.com by 401.7% during the first quarter. Canada Pension Plan Investment Board now owns 158,030 shares of the e-commerce giant’s stock worth $140,100,000 after purchasing an additional 126,534 shares during the period. Institutional investors and hedge funds own 60.54% of the company’s stock.

A number of research firms have recently weighed in on AMZN. Loop Capital set a $1,300.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a report on Monday. Zacks Investment Research lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Goldman Sachs Group, Inc. (The) reiterated a “conviction-buy” rating and set a $1,275.00 target price on shares of Amazon.com in a report on Wednesday, August 9th. Cowen and Company reiterated an “outperform” rating and set a $1,125.00 target price on shares of Amazon.com in a report on Thursday, August 10th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $1,200.00 target price on shares of Amazon.com in a report on Thursday, August 10th. Five research analysts have rated the stock with a hold rating and forty-nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $1,142.08.

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Shares of Amazon.com, Inc. (NASDAQ AMZN) opened at $1,129.17 on Tuesday. The company has a market cap of $542,274.88, a PE ratio of 285.62, a PEG ratio of 14.04 and a beta of 1.45. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. Amazon.com, Inc. has a 12-month low of $710.10 and a 12-month high of $1,139.90.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.57). The business had revenue of $43.74 billion during 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%. Amazon.com’s quarterly revenue was up 33.7% on a year-over-year basis. During the same quarter last year, the company earned $0.52 earnings per share. sell-side analysts anticipate that Amazon.com, Inc. will post 4.26 EPS for the current fiscal year.

In related news, CEO Jeffrey A. Wilke sold 710 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $981.74, for a total transaction of $697,035.40. Following the completion of the sale, the chief executive officer now directly owns 15,312 shares in the company, valued at $15,032,402.88. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Tom A. Alberg sold 1,860 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $1,109.20, for a total transaction of $2,063,112.00. Following the sale, the director now owns 18,460 shares of the company’s stock, valued at $20,475,832. The disclosure for this sale can be found here. Insiders sold 396,480 shares of company stock valued at $437,036,326 over the last quarter. Company insiders own 17.00% of the company’s stock.

Amazon.com 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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