Villere ST Denis J & Co. LLC acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 300 shares of the e-commerce giant’s stock, valued at approximately $288,000.

A number of other large investors have also recently modified their holdings of AMZN. Day & Ennis LLC purchased a new position in Amazon.com during the first quarter valued at approximately $204,000. Investment Centers of America Inc. grew its stake in Amazon.com by 13.6% during the first quarter. Investment Centers of America Inc. now owns 7,934 shares of the e-commerce giant’s stock valued at $7,029,000 after acquiring an additional 952 shares in the last quarter. Kayak Investment Partners LLC grew its stake in Amazon.com by 36.2% during the first quarter. Kayak Investment Partners LLC now owns 11,945 shares of the e-commerce giant’s stock valued at $10,590,000 after acquiring an additional 3,172 shares in the last quarter. Saturna Capital CORP grew its stake in Amazon.com by 0.6% during the first quarter. Saturna Capital CORP now owns 1,574 shares of the e-commerce giant’s stock valued at $1,395,000 after acquiring an additional 10 shares in the last quarter. Finally, Horizon Investment Services LLC purchased a new position in Amazon.com during the first quarter valued at approximately $226,000. 59.78% of the stock is owned by institutional investors.

Shares of Amazon.com, Inc. (NASDAQ AMZN) opened at $1,246.87 on Tuesday. Amazon.com, Inc. has a 1-year low of $778.48 and a 1-year high of $1,253.08. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The company has a market cap of $600,830.00, a price-to-earnings ratio of 314.87, a P/E/G ratio of 7.22 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last posted its quarterly 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). Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The firm had revenue of $43.74 billion for the quarter, compared to the consensus estimate of $42.26 billion. During the same quarter in the prior year, the company earned $0.52 earnings per share. The company’s quarterly revenue was up 33.7% compared to the same quarter last year. equities analysts anticipate that Amazon.com, Inc. will post 4.24 earnings per share for the current fiscal year.

Several brokerages have issued reports on AMZN. Vetr upgraded shares of Amazon.com from a “sell” rating to a “hold” rating and set a $1,155.74 target price for the company in a research report on Wednesday, November 29th. Credit Suisse Group lifted their target price on shares of Amazon.com from $1,385.00 to $1,410.00 and gave the company an “outperform” rating in a research report on Monday. Robert W. Baird reiterated a “buy” rating and set a $1,310.00 target price on shares of Amazon.com in a research report on Monday. SunTrust Banks reiterated a “buy” rating and set a $1,190.00 target price on shares of Amazon.com in a research report on Monday, October 2nd. Finally, Wells Fargo & Co reiterated a “buy” rating on shares of Amazon.com in a research report on Monday, December 4th. Five equities research analysts have rated the stock with a hold rating and fifty have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $1,247.89.

In related news, Director Tom A. Alberg sold 1,860 shares of the company’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $1,109.20, for a total transaction of $2,063,112.00. Following the completion of the sale, the director now directly owns 18,460 shares in the company, valued at approximately $20,475,832. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Tom A. Alberg sold 835 shares of the business’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $1,202.74, for a total transaction of $1,004,287.90. Following the transaction, the director now directly owns 17,114 shares in the company, valued at $20,583,692.36. The disclosure for this sale can be found here. Insiders have sold a total of 402,338 shares of company stock valued at $444,391,701 over the last quarter. 17.00% of the stock is currently owned by company insiders.

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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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