Achmea Investment Management B.V. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,274 shares of the e-commerce giant’s stock after acquiring an additional 2,847 shares during the quarter. Amazon.com makes up about 0.9% of Achmea Investment Management B.V.’s portfolio, making the stock its 19th largest position. Achmea Investment Management B.V.’s holdings in Amazon.com were worth $14,782,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Reinhart Partners Inc. raised its holdings in Amazon.com by 66.8% during the first quarter. Reinhart Partners Inc. now owns 789 shares of the e-commerce giant’s stock worth $699,000 after buying an additional 316 shares during the last quarter. WealthTrust Fairport LLC raised its holdings in Amazon.com by 18.4% during the first quarter. WealthTrust Fairport LLC now owns 5,962 shares of the e-commerce giant’s stock worth $5,286,000 after buying an additional 926 shares during the last quarter. Rhumbline Advisers raised its holdings in Amazon.com by 1.1% during the first quarter. Rhumbline Advisers now owns 635,236 shares of the e-commerce giant’s stock worth $563,162,000 after buying an additional 7,068 shares during the last quarter. CT Mason acquired a new position in Amazon.com during the first quarter worth $3,508,000. Finally, Brick & Kyle Associates raised its holdings in Amazon.com by 1.7% during the first quarter. Brick & Kyle Associates now owns 4,325 shares of the e-commerce giant’s stock worth $3,834,000 after buying an additional 72 shares during the last quarter. 59.94% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,179.14 on Friday. 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 firm has a market cap of $565,843.25, a PE ratio of 298.04, a price-to-earnings-growth ratio of 13.28 and a beta of 1.47. Amazon.com, Inc. has a 1 year low of $747.70 and a 1 year high of $1,213.41.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.57). The business had revenue of $43.74 billion for the quarter, compared to the consensus estimate of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. Amazon.com’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.52 EPS. sell-side analysts expect that Amazon.com, Inc. will post 4.24 EPS for the current fiscal year.

Several analysts have recently commented on AMZN shares. Canaccord Genuity reiterated a “buy” rating and issued a $1,200.00 target price on shares of Amazon.com in a report on Wednesday, October 11th. Wedbush set a $1,250.00 target price on shares of Amazon.com and gave the company a “buy” rating in a report on Monday, October 23rd. Royal Bank of Canada set a $1,100.00 target price on shares of Amazon.com and gave the company a “buy” rating in a report on Monday, September 11th. Morgan Stanley reiterated a “buy” rating and issued a $1,150.00 target price on shares of Amazon.com in a report on Tuesday, October 10th. Finally, Atlantic Securities reiterated a “buy” rating on shares of Amazon.com in a report on Friday, October 27th. Four research analysts have rated the stock with a hold rating and fifty-one have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $1,222.95.

In other Amazon.com news, VP Shelley Reynolds sold 544 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $1,126.27, for a total transaction of $612,690.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the transaction, the chief executive officer now owns 79,891,433 shares of the company’s stock, valued at approximately $88,162,593,058.49. The disclosure for this sale can be found here. Insiders have sold 402,338 shares of company stock valued at $444,391,701 in the last quarter. Company insiders own 17.70% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Amazon.com, Inc. (AMZN) Shares Bought by Achmea Investment Management B.V.” was reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international copyright law. The original version of this news story can be accessed at https://www.watchlistnews.com/amazon-com-inc-amzn-shares-bought-by-achmea-investment-management-b-v/1768975.html.

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 Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.