Securian Asset Management Inc boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,675 shares of the e-commerce giant’s stock after acquiring an additional 439 shares during the quarter. Amazon.com accounts for approximately 1.7% of Securian Asset Management Inc’s portfolio, making the stock its 6th largest holding. Securian Asset Management Inc’s holdings in Amazon.com were worth $64,097,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HC Financial Advisors Inc. raised its position in shares of Amazon.com by 22.6% during the third quarter. HC Financial Advisors Inc. now owns 315 shares of the e-commerce giant’s stock worth $631,000 after acquiring an additional 58 shares during the last quarter. Hendley & Co. Inc. purchased a new stake in Amazon.com in the third quarter worth approximately $3,377,000. Braun Stacey Associates Inc. boosted its holdings in Amazon.com by 4.6% in the third quarter. Braun Stacey Associates Inc. now owns 21,445 shares of the e-commerce giant’s stock worth $42,954,000 after purchasing an additional 947 shares during the last quarter. Sunesis Advisors LLC purchased a new stake in Amazon.com in the third quarter worth approximately $286,000. Finally, Hodges Capital Management Inc. boosted its holdings in Amazon.com by 20.7% in the third quarter. Hodges Capital Management Inc. now owns 292 shares of the e-commerce giant’s stock worth $585,000 after purchasing an additional 50 shares during the last quarter. 55.49% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on AMZN shares. Zacks Investment Research cut shares of Amazon.com from a “buy” rating to a “hold” rating in a research note on Monday, April 29th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, April 29th. BidaskClub raised shares of Amazon.com from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. Oppenheimer reaffirmed an “outperform” rating and issued a $2,100.00 price target (up previously from $2,085.00) on shares of Amazon.com in a research report on Friday, April 26th. Finally, Wells Fargo & Co set a $2,100.00 price target on shares of Amazon.com and gave the stock a “buy” rating in a research report on Monday, March 18th. Four analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $2,191.89.

In other news, CEO Jeffrey A. Wilke sold 1,000 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $1,858.25, for a total value of $1,858,250.00. Following the sale, the chief executive officer now owns 10,000 shares in the company, valued at $18,582,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Indra K. Nooyi sold 58 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $1,701.56, for a total transaction of $98,690.48. Following the completion of the sale, the director now owns 150 shares in the company, valued at approximately $255,234. The disclosure for this sale can be found here. Insiders have sold a total of 12,990 shares of company stock worth $24,295,428 in the last 90 days. 16.10% of the stock is currently owned by company insiders.

Amazon.com stock traded down $55.52 during mid-day trading on Monday, reaching $1,719.55. 116,292 shares of the company traded hands, compared to its average volume of 4,237,487. The company has a current ratio of 1.09, a quick ratio of 0.83 and a debt-to-equity ratio of 0.48. Amazon.com, Inc. has a fifty-two week low of $1,307.00 and a fifty-two week high of $2,050.50. The firm has a market capitalization of $873.92 billion, a price-to-earnings ratio of 85.47, a PEG ratio of 2.02 and a beta of 1.62.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, April 25th. The e-commerce giant reported $7.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.61 by $2.48. Amazon.com had a net margin of 4.97% and a return on equity of 28.91%. The business had revenue of $59.70 billion for the quarter, compared to analyst estimates of $59.73 billion. During the same quarter in the prior year, the business posted $3.27 EPS. Amazon.com’s revenue for the quarter was up 17.0% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 26.55 EPS for the current fiscal year.

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Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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

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