Columbus Circle Investors cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 11.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 138,277 shares of the e-commerce giant’s stock after selling 18,404 shares during the quarter. Amazon.com comprises approximately 2.2% of Columbus Circle Investors’ holdings, making the stock its 4th largest position. Columbus Circle Investors’ holdings in Amazon.com were worth $133,852,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Central Bank & Trust Co. raised its position in shares of Amazon.com by 0.7% in the first quarter. Central Bank & Trust Co. now owns 6,491 shares of the e-commerce giant’s stock valued at $5,754,000 after purchasing an additional 43 shares during the period. Barrett Asset Management LLC raised its position in shares of Amazon.com by 45.8% in the first quarter. Barrett Asset Management LLC now owns 1,290 shares of the e-commerce giant’s stock valued at $1,144,000 after purchasing an additional 405 shares during the period. BB&T Corp raised its position in shares of Amazon.com by 5.4% in the first quarter. BB&T Corp now owns 22,410 shares of the e-commerce giant’s stock valued at $19,867,000 after purchasing an additional 1,155 shares during the period. Tufton Capital Management bought a new position in shares of Amazon.com in the first quarter valued at approximately $204,000. Finally, Northeast Financial Consultants Inc raised its position in shares of Amazon.com by 17.2% in the first quarter. Northeast Financial Consultants Inc now owns 5,469 shares of the e-commerce giant’s stock valued at $4,848,000 after purchasing an additional 802 shares during the period. Hedge funds and other institutional investors own 60.54% of the company’s stock.

Amazon.com, Inc. (AMZN) opened at $1,125.35 on Monday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. Amazon.com, Inc. has a 12-month low of $710.10 and a 12-month high of $1,135.54. The company has a market capitalization of $542,274.88, a price-to-earnings ratio of 285.62, a P/E/G ratio of 14.04 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last issued 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 return on equity of 8.67% and a net margin of 1.20%. The company had revenue of $43.74 billion during the quarter, compared to the consensus estimate of $42.26 billion. During the same quarter in the previous year, the business posted $0.52 EPS. The firm’s revenue for the quarter was up 33.7% on a year-over-year basis. analysts expect that Amazon.com, Inc. will post 4.26 EPS for the current fiscal year.

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In related news, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $986.52, for a total value of $536,666.88. Following the transaction, the vice president now owns 6,533 shares in the company, valued at $6,444,935.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Tom A. Alberg sold 1,860 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $1,109.20, for a total value of $2,063,112.00. Following the completion of the transaction, the director now owns 18,460 shares in the company, valued at approximately $20,475,832. The disclosure for this sale can be found here. Insiders sold 401,343 shares of company stock worth $441,838,533 in the last 90 days. 17.00% of the stock is owned by company insiders.

A number of research firms have recently commented on AMZN. TheStreet raised shares of Amazon.com from a “c+” rating to a “b-” rating in a research report on Tuesday, November 7th. Zacks Investment Research lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Leerink Swann reissued a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. Stifel Nicolaus reissued a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. Finally, Cantor Fitzgerald reissued a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. Five research analysts have rated the stock with a hold rating and forty-nine have issued a buy rating to the stock. Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $1,142.08.

Amazon.com Company 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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