Achmea Investment Management B.V. purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,427 shares of the e-commerce giant’s stock, valued at approximately $11,017,000.

A number of other institutional investors have also modified their holdings of the company. Stillwater Capital Advisors LLC increased its position in shares of Amazon.com by 0.4% in the first quarter. Stillwater Capital Advisors LLC now owns 526 shares of the e-commerce giant’s stock worth $466,000 after buying an additional 2 shares in the last quarter. Beese Fulmer Investment Management Inc. increased its position in shares of Amazon.com by 0.7% in the first quarter. Beese Fulmer Investment Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $256,000 after buying an additional 2 shares in the last quarter. Round Table Services LLC increased its position in shares of Amazon.com by 0.3% in the first quarter. Round Table Services LLC now owns 701 shares of the e-commerce giant’s stock worth $621,000 after buying an additional 2 shares in the last quarter. Naples Global Advisors LLC increased its position in shares of Amazon.com by 0.3% in the first quarter. Naples Global Advisors LLC now owns 1,078 shares of the e-commerce giant’s stock worth $956,000 after buying an additional 3 shares in the last quarter. Finally, Beaumont Financial Partners LLC increased its position in shares of Amazon.com by 0.6% in the first quarter. Beaumont Financial Partners LLC now owns 545 shares of the e-commerce giant’s stock worth $483,000 after buying an additional 3 shares in the last quarter. Institutional investors own 61.90% of the company’s stock.

Shares of Amazon.com, Inc. (AMZN) traded down 0.2708% during midday trading on Wednesday, hitting $980.0786. The stock had a trading volume of 1,252,288 shares. Amazon.com, Inc. has a one year low of $710.10 and a one year high of $1,083.31. The firm has a 50 day moving average of $997.21 and a 200-day moving average of $929.59. The company has a market cap of $470.81 billion, a P/E ratio of 249.2570 and a beta of 1.48.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 EPS for the quarter, missing the Zacks’ consensus estimate of $1.40 by $1.00. Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The company had revenue of $37.96 billion for the quarter, compared to analyst estimates of $37.18 billion. During the same quarter in the prior year, the business earned $1.78 EPS. Amazon.com’s revenue was up 24.8% compared to the same quarter last year. On average, analysts forecast that Amazon.com, Inc. will post $3.83 earnings per share for the current fiscal year.

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Several equities analysts have recently weighed in on the company. UBS AG downgraded Amazon.com from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 25th. TheStreet downgraded Amazon.com from a “b-” rating to a “c+” rating in a research report on Monday, July 10th. Tigress Financial restated a “buy” rating on shares of Amazon.com in a research report on Wednesday, August 9th. KeyCorp restated a “hold” rating on shares of Amazon.com in a research report on Thursday, June 22nd. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $1,275.00 target price on shares of Amazon.com in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, forty-four have assigned a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $1,073.48.

In other Amazon.com news, Director Tom A. Alberg sold 800 shares of Amazon.com stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $1,000.00, for a total value of $800,000.00. Following the transaction, the director now owns 20,320 shares in the company, valued at $20,320,000. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jeffrey A. Wilke sold 710 shares of Amazon.com stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $987.39, for a total transaction of $701,046.90. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $9,873,900. The disclosure for this sale can be found here. Insiders have sold 10,890 shares of company stock worth $10,800,023 in the last quarter. Company insiders own 17.70% of the company’s stock.

About Amazon.com

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 North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.

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

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