Autus Asset Management LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,964 shares of the e-commerce giant’s stock after acquiring an additional 121 shares during the period. Autus Asset Management LLC’s holdings in Amazon.com were worth $5,038,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. BKD Wealth Advisors LLC grew its holdings in shares of Amazon.com by 3.1% during the second quarter. BKD Wealth Advisors LLC now owns 943 shares of the e-commerce giant’s stock worth $1,603,000 after purchasing an additional 28 shares during the last quarter. SignalPoint Asset Management LLC lifted its stake in shares of Amazon.com by 2.0% in the second quarter. SignalPoint Asset Management LLC now owns 1,453 shares of the e-commerce giant’s stock worth $2,470,000 after acquiring an additional 29 shares during the period. Granite Springs Asset Management LLC lifted its stake in shares of Amazon.com by 6.1% in the second quarter. Granite Springs Asset Management LLC now owns 518 shares of the e-commerce giant’s stock worth $880,000 after acquiring an additional 30 shares during the period. Cornerstone Advisors Inc. lifted its stake in shares of Amazon.com by 3.9% in the second quarter. Cornerstone Advisors Inc. now owns 802 shares of the e-commerce giant’s stock worth $1,363,000 after acquiring an additional 30 shares during the period. Finally, Private Trust Co. NA lifted its stake in shares of Amazon.com by 0.7% in the second quarter. Private Trust Co. NA now owns 4,504 shares of the e-commerce giant’s stock worth $7,655,000 after acquiring an additional 31 shares during the period. Hedge funds and other institutional investors own 56.56% of the company’s stock.

A number of research firms recently commented on AMZN. Zacks Investment Research reaffirmed a “buy” rating and issued a $1,714.00 price objective on shares of Amazon.com in a research note on Monday. BidaskClub raised Amazon.com from a “sell” rating to a “hold” rating in a research note on Saturday. Morgan Stanley reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday, November 9th. Nomura reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, November 8th. Finally, William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Monday, October 29th. Three analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the stock. Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $2,085.14.

In other news, Director Judith A. Mcgrath sold 500 shares of the business’s stock in a transaction that occurred on Thursday, August 16th. The stock was sold at an average price of $1,905.00, for a total transaction of $952,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffrey P. Bezos sold 16,964 shares of the business’s stock in a transaction that occurred on Monday, October 29th. The shares were sold at an average price of $1,632.23, for a total value of $27,689,149.72. Following the sale, the chief executive officer now owns 78,884,539 shares of the company’s stock, valued at approximately $128,757,711,091.97. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,592 shares of company stock valued at $50,029,619. Corporate insiders own 16.30% of the company’s stock.

Shares of AMZN opened at $1,631.17 on Wednesday. Amazon.com, Inc. has a 52-week low of $1,121.63 and a 52-week high of $2,050.50. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $837.32 billion, a price-to-earnings ratio of 358.50, a price-to-earnings-growth ratio of 3.27 and a beta of 1.70.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.29 by $2.46. The firm had revenue of $56.58 billion for the quarter, compared to analyst estimates of $57.05 billion. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. Equities analysts predict that Amazon.com, Inc. will post 19.37 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: This article was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was stolen and republished in violation of United States and international copyright and trademark law. The original version of this article can be read at https://www.thecerbatgem.com/2018/11/14/amazon-com-inc-amzn-holdings-lifted-by-autus-asset-management-llc.html.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

Featured Article: Trading Strategy Methods for Individual Investors

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

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.