Epoch Investment Partners Inc. Purchases 185,450 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Epoch Investment Partners Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 15.7% during the third quarter, HoldingsChannel.com reports. The firm owned 1,364,626 shares of the e-commerce giant’s stock after buying an additional 185,450 shares during the quarter. Amazon.com accounts for approximately 1.0% of Epoch Investment Partners Inc.’s investment portfolio, making the stock its 18th biggest holding. Epoch Investment Partners Inc.’s holdings in Amazon.com were worth $154,203,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AMZN. Fiduciary Planning LLC grew its position in Amazon.com by 1.5% during the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock worth $1,138,000 after buying an additional 5 shares in the last quarter. HBC Financial Services PLLC grew its position in Amazon.com by 0.8% during the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock worth $1,717,000 after buying an additional 5 shares in the last quarter. Meridian Investment Counsel Inc. grew its position in Amazon.com by 3.4% during the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock worth $492,000 after buying an additional 5 shares in the last quarter. Alterna Wealth Management Inc. grew its position in Amazon.com by 1.8% during the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after buying an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners grew its position in Amazon.com by 3.7% during the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after buying an additional 6 shares in the last quarter. 57.64% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $93.80, for a total transaction of $375,200.00. Following the completion of the transaction, the chief executive officer now owns 560,298 shares in the company, valued at approximately $52,555,952.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 4,000 shares of Amazon.com stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $93.80, for a total transaction of $375,200.00. Following the completion of the transaction, the chief executive officer now owns 560,298 shares in the company, valued at approximately $52,555,952.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas J. Herrington sold 7,456 shares of Amazon.com stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $94.90, for a total value of $707,574.40. Following the transaction, the chief executive officer now owns 564,298 shares of the company’s stock, valued at approximately $53,551,880.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 71,394 shares of company stock worth $6,994,626. Insiders own 12.70% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $92.43 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.72. The stock has a 50-day moving average of $96.01 and a 200-day moving average of $102.24. The company has a market cap of $947.15 billion, a PE ratio of -344.88, a P/E/G ratio of 3.74 and a beta of 1.25. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $170.83.

Amazon.com (NASDAQ:AMZN – Get Rating) last issued its earnings results on Thursday, February 2nd. The e-commerce giant reported $0.03 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.12). The firm had revenue of $149.20 billion during the quarter, compared to analyst estimates of $145.72 billion. Amazon.com had a negative net margin of 0.53% and a positive return on equity of 5.33%. The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.39 earnings per share. On average, equities research analysts predict that Amazon.com, Inc. will post 1.34 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on AMZN. MKM Partners cut their target price on Amazon.com from $145.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, January 18th. Moffett Nathanson began coverage on Amazon.com in a research note on Tuesday, November 15th. They set an “outperform” rating and a $118.00 target price for the company. Erste Group Bank cut Amazon.com from a “buy” rating to a “hold” rating in a research note on Friday, November 18th. Wolfe Research upped their target price on Amazon.com from $115.00 to $130.00 in a research note on Friday, February 3rd. Finally, Wedbush cut their target price on Amazon.com from $140.00 to $125.00 and set an “outperform” rating for the company in a research note on Friday, February 3rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and forty-one have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $144.87.

About Amazon.com

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.