Whittier Trust Co. grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,623 shares of the e-commerce giant’s stock after buying an additional 692 shares during the quarter. Amazon.com accounts for about 1.8% of Whittier Trust Co.’s holdings, making the stock its 8th biggest position. Whittier Trust Co.’s holdings in Amazon.com were worth $58,852,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Integrated Wealth Concepts LLC boosted its holdings in Amazon.com by 4.4% during the second quarter. Integrated Wealth Concepts LLC now owns 978 shares of the e-commerce giant’s stock worth $1,676,000 after purchasing an additional 41 shares during the last quarter. TCI Wealth Advisors Inc. boosted its holdings in Amazon.com by 6.8% during the second quarter. TCI Wealth Advisors Inc. now owns 4,207 shares of the e-commerce giant’s stock worth $7,151,000 after purchasing an additional 269 shares during the last quarter. Achmea Investment Management B.V. boosted its holdings in Amazon.com by 1.9% during the second quarter. Achmea Investment Management B.V. now owns 37,149 shares of the e-commerce giant’s stock worth $63,142,000 after purchasing an additional 703 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its holdings in Amazon.com by 0.5% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 188,277 shares of the e-commerce giant’s stock worth $320,033,000 after purchasing an additional 866 shares during the last quarter. Finally, Boston Family Office LLC boosted its holdings in Amazon.com by 22.1% during the second quarter. Boston Family Office LLC now owns 10,228 shares of the e-commerce giant’s stock worth $17,386,000 after purchasing an additional 1,852 shares during the last quarter. Hedge funds and other institutional investors own 57.31% of the company’s stock.

In other news, CEO Andrew R. Jassy sold 1,726 shares of the business’s stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $1,900.00, for a total value of $3,279,400.00. Following the sale, the chief executive officer now owns 88,801 shares of the company’s stock, valued at $168,721,900. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Tom A. Alberg sold 2,320 shares of the business’s stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $1,827.29, for a total transaction of $4,239,312.80. The disclosure for this sale can be found here. In the last three months, insiders sold 25,308 shares of company stock worth $47,905,498. Insiders own 16.30% of the company’s stock.

NASDAQ AMZN opened at $1,764.03 on Friday. Amazon.com, Inc. has a 12-month low of $962.50 and a 12-month high of $2,050.50. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.78 and a current ratio of 1.07. The company has a market capitalization of $863.65 billion, a PE ratio of 160.68, a price-to-earnings-growth ratio of 3.69 and a beta of 1.58.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.49 by $2.58. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The company had revenue of $52.89 billion for the quarter, compared to analyst estimates of $53.37 billion. During the same quarter in the previous year, the firm posted $0.40 earnings per share. The company’s quarterly revenue was up 39.3% compared to the same quarter last year. Research analysts predict that Amazon.com, Inc. will post 17.79 earnings per share for the current fiscal year.

Several research analysts recently weighed in on AMZN shares. Zacks Investment Research cut shares of Amazon.com from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. Morgan Stanley restated a “buy” rating on shares of Amazon.com in a report on Tuesday, July 17th. Morningstar restated a “buy” rating on shares of Amazon.com in a report on Thursday, October 11th. Barclays restated a “buy” rating and set a $1,870.00 price target on shares of Amazon.com in a report on Friday, July 27th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a report on Monday, October 1st. Four analysts have rated the stock with a hold rating and forty-nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $2,008.73.

About Amazon.com

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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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