Maple Capital Management Inc. boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 496 shares of the e-commerce giant’s stock after buying an additional 7 shares during the period. Maple Capital Management Inc.’s holdings in Amazon.com were worth $440,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Franklin Street Advisors Inc. NC increased its stake in shares of Amazon.com by 27.8% in the first quarter. Franklin Street Advisors Inc. NC now owns 9,913 shares of the e-commerce giant’s stock valued at $8,788,000 after buying an additional 2,157 shares during the period. Private Asset Management Inc. increased its stake in shares of Amazon.com by 7.4% in the first quarter. Private Asset Management Inc. now owns 3,765 shares of the e-commerce giant’s stock valued at $3,338,000 after buying an additional 259 shares during the period. Bridges Investment Management Inc. increased its stake in shares of Amazon.com by 7.7% in the first quarter. Bridges Investment Management Inc. now owns 9,668 shares of the e-commerce giant’s stock valued at $8,571,000 after buying an additional 694 shares during the period. Chevy Chase Trust Holdings Inc. increased its stake in shares of Amazon.com by 3.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 390,166 shares of the e-commerce giant’s stock valued at $345,895,000 after buying an additional 12,001 shares during the period. Finally, Burns J W & Co. Inc. NY increased its stake in shares of Amazon.com by 2.8% in the first quarter. Burns J W & Co. Inc. NY now owns 3,379 shares of the e-commerce giant’s stock valued at $2,996,000 after buying an additional 92 shares during the period. 60.79% of the stock is currently owned by institutional investors.

Amazon.com, Inc. (NASDAQ:AMZN) traded down 0.35% on Tuesday, reaching $942.69. 761,138 shares of the company traded hands. The firm has a market cap of $452.85 billion, a P/E ratio of 239.75 and a beta of 1.48. Amazon.com, Inc. has a 52-week low of $710.10 and a 52-week high of $1,083.31. The stock has a 50-day moving average price of $993.73 and a 200-day moving average price of $935.81.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $1.40 by $1.00. Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The firm had revenue of $37.96 billion during the quarter, compared to the consensus estimate of $37.18 billion. During the same quarter last year, the business posted $1.78 earnings per share. Amazon.com’s revenue was up 24.8% compared to the same quarter last year. Analysts anticipate that Amazon.com, Inc. will post $3.82 earnings per share for the current fiscal year.

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Several analysts have issued reports on AMZN shares. Royal Bank Of Canada cut their target price on shares of Amazon.com from $1,100.00 to $900.00 and set an “outperform” rating on the stock in a research note on Monday, May 1st. Stifel Nicolaus reissued a “buy” rating on shares of Amazon.com in a research note on Monday, May 1st. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Amazon.com in a research note on Monday, May 1st. Nomura reissued a “buy” rating and set a $975.00 target price on shares of Amazon.com in a research note on Monday, May 1st. Finally, Susquehanna Bancshares Inc reissued a “positive” rating and set a $1,250.00 target price on shares of Amazon.com in a research note on Monday, May 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, forty-five have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Amazon.com has an average rating of “Buy” and a consensus price target of $1,080.08.

In other news, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $986.52, for a total value of $536,666.88. Following the completion of the transaction, the vice president now directly owns 6,533 shares in the company, valued at $6,444,935.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $955.20, for a total transaction of $2,674,560.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $9,552,000. The disclosure for this sale can be found here. Insiders sold 14,463 shares of company stock valued at $14,294,906 over the last 90 days. 17.70% of the stock is owned by company insiders.

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.

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

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