Neuberger Berman Group LLC decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 273,912 shares of the e-commerce giant’s stock after selling 1,129 shares during the quarter. Neuberger Berman Group LLC owned approximately 0.06% of Amazon.com worth $265,147,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Leavell Investment Management Inc. increased its holdings in Amazon.com by 0.3% during the 2nd quarter. Leavell Investment Management Inc. now owns 394 shares of the e-commerce giant’s stock worth $381,000 after purchasing an additional 1 shares during the period. SeaBridge Investment Advisors LLC increased its holdings in shares of Amazon.com by 0.4% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 272 shares of the e-commerce giant’s stock valued at $263,000 after acquiring an additional 1 shares during the last quarter. Probity Advisors Inc. increased its holdings in shares of Amazon.com by 0.6% in the 2nd quarter. Probity Advisors Inc. now owns 320 shares of the e-commerce giant’s stock valued at $310,000 after acquiring an additional 2 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Amazon.com by 0.3% in the 2nd quarter. Venturi Wealth Management LLC now owns 632 shares of the e-commerce giant’s stock valued at $612,000 after acquiring an additional 2 shares during the last quarter. Finally, Grimes & Company Inc. increased its holdings in shares of Amazon.com by 0.4% in the 2nd quarter. Grimes & Company Inc. now owns 744 shares of the e-commerce giant’s stock valued at $720,000 after acquiring an additional 3 shares during the last quarter. Institutional investors own 59.83% of the company’s stock.

In related news, Director Tom A. Alberg sold 1,860 shares of the stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $1,109.20, for a total value of $2,063,112.00. Following the completion of the sale, the director now owns 18,460 shares in the company, valued at $20,475,832. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 disclosure for this sale can be found here. Insiders have sold 397,833 shares of company stock valued at $439,137,961 over the last 90 days. Corporate insiders own 17.70% of the company’s stock.

Shares of Amazon.com, Inc. (AMZN) opened at $1,156.16 on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. Amazon.com, Inc. has a fifty-two week low of $736.70 and a fifty-two week high of $1,160.27. The stock has a market cap of $549,088.56, a PE ratio of 289.21, a price-to-earnings-growth ratio of 14.28 and a beta of 1.45.

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

AMZN has been the subject of a number of research analyst reports. Credit Suisse Group reissued an “outperform” rating on shares of Amazon.com in a research report on Thursday, August 31st. Monness Crespi & Hardt raised Amazon.com from a “neutral” rating to a “buy” rating and set a $1,250.00 target price for the company in a research report on Friday, October 27th. Cowen and Company reissued an “outperform” rating and issued a $1,125.00 target price on shares of Amazon.com in a research report on Thursday, August 10th. Barclays PLC upped their target price on Amazon.com from $1,120.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Friday, July 28th. Finally, Leerink Swann reissued a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. Five investment analysts have rated the stock with a hold rating and forty-nine have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $1,160.04.

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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.

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

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