Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Montag & Caldwell LLC

Montag & Caldwell LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 74.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 245,066 shares of the e-commerce giant’s stock after purchasing an additional 104,212 shares during the quarter. Amazon.com comprises 4.0% of Montag & Caldwell LLC’s investment portfolio, making the stock its 5th biggest position. Montag & Caldwell LLC’s holdings in Amazon.com were worth $31,153,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AMZN. Vanguard Group Inc. lifted its holdings in shares of Amazon.com by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 701,550,877 shares of the e-commerce giant’s stock worth $79,275,249,000 after acquiring an additional 12,456,995 shares during the last quarter. State Street Corp lifted its holdings in shares of Amazon.com by 1.2% in the 2nd quarter. State Street Corp now owns 335,869,897 shares of the e-commerce giant’s stock worth $43,784,000,000 after acquiring an additional 3,970,330 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Amazon.com by 1,838.8% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce giant’s stock worth $33,134,481,000 after acquiring an additional 295,880,050 shares during the last quarter. FMR LLC lifted its holdings in shares of Amazon.com by 1,792.4% in the 2nd quarter. FMR LLC now owns 286,047,356 shares of the e-commerce giant’s stock worth $30,381,089,000 after acquiring an additional 270,931,640 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Amazon.com by 2.9% during the 2nd quarter. Geode Capital Management LLC now owns 170,151,722 shares of the e-commerce giant’s stock worth $22,116,108,000 after buying an additional 4,842,542 shares in the last quarter. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Up 2.7 %

AMZN stock opened at $174.45 on Friday. Amazon.com, Inc. has a one year low of $88.12 and a one year high of $175.00. The stock has a market capitalization of $1.81 trillion, a PE ratio of 60.16, a price-to-earnings-growth ratio of 1.50 and a beta of 1.14. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The company has a fifty day moving average of $154.41 and a 200-day moving average of $142.20.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping the consensus estimate of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. During the same quarter last year, the business earned $0.21 EPS. The business’s revenue was up 13.9% on a year-over-year basis. As a group, analysts expect that Amazon.com, Inc. will post 4.03 EPS for the current year.

Insider Transactions at Amazon.com

In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the firm’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the sale, the insider now owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the firm’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the sale, the insider now owns 982,252,968 shares in the company, valued at approximately $167,140,165,034.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Adam Selipsky sold 10,756 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $144.60, for a total transaction of $1,555,317.60. Following the completion of the sale, the chief executive officer now owns 117,904 shares of the company’s stock, valued at approximately $17,048,918.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,080,878 shares of company stock worth $1,033,083,657. Company insiders own 12.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AMZN shares. Tigress Financial increased their target price on shares of Amazon.com from $204.00 to $210.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Benchmark increased their target price on shares of Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Wells Fargo & Company increased their target price on shares of Amazon.com from $197.00 to $211.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. StockNews.com upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Wednesday, November 1st. Finally, Canaccord Genuity Group increased their target price on shares of Amazon.com from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $197.95.

Read Our Latest Stock Analysis on AMZN

Amazon.com Profile

(Free Report)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.

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

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