Anderson Hoagland & Co. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,922 shares of the e-commerce giant’s stock after selling 274 shares during the period. Amazon.com makes up 4.9% of Anderson Hoagland & Co.’s investment portfolio, making the stock its 2nd largest position. Anderson Hoagland & Co.’s holdings in Amazon.com were worth $7,668,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AMZN. Congress Asset Management Co. MA acquired a new position in Amazon.com during the fourth quarter valued at about $5,164,000. Horizon Kinetics LLC boosted its position in Amazon.com by 5.8% in the fourth quarter. Horizon Kinetics LLC now owns 549 shares of the e-commerce giant’s stock valued at $412,000 after buying an additional 30 shares in the last quarter. Capital International Inc. CA boosted its position in Amazon.com by 31.9% in the fourth quarter. Capital International Inc. CA now owns 9,565 shares of the e-commerce giant’s stock valued at $7,173,000 after buying an additional 2,315 shares in the last quarter. Capital International Ltd. CA boosted its position in Amazon.com by 14.0% in the fourth quarter. Capital International Ltd. CA now owns 27,640 shares of the e-commerce giant’s stock valued at $20,726,000 after buying an additional 3,390 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. boosted its position in Amazon.com by 103.3% in the fourth quarter. Menora Mivtachim Holdings LTD. now owns 33,550 shares of the e-commerce giant’s stock valued at $25,158,000 after buying an additional 17,050 shares in the last quarter. Institutional investors own 62.17% of the company’s stock.

Shares of Amazon.com, Inc. (AMZN) traded up 1.16% during mid-day trading on Friday, hitting $967.99. The stock had a trading volume of 3,468,017 shares. The company has a market cap of $465.00 billion, a PE ratio of 246.18 and a beta of 1.48. Amazon.com, Inc. has a one year low of $710.10 and a one year high of $1,083.31. The firm’s 50 day moving average price is $998.12 and its 200-day moving average price is $926.08.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 for the quarter, compared to the consensus estimate of $37.18 billion. During the same quarter last year, the company earned $1.78 earnings per share. The firm’s revenue was up 24.8% on a year-over-year basis. On average, equities research analysts anticipate that Amazon.com, Inc. will post $3.83 earnings per share for the current fiscal year.

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Several research firms have recently issued reports on AMZN. Barclays PLC upped their price objective on Amazon.com from $1,120.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Friday, July 28th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $1,275.00 price objective on shares of Amazon.com in a research report on Friday, July 28th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, July 28th. Stifel Nicolaus reaffirmed a “buy” rating and set a $1,100.00 price objective (up from $1,075.00) on shares of Amazon.com in a research report on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, four have issued a hold rating, forty-three have issued a buy rating and two have given a strong buy rating to the company’s stock. Amazon.com presently has an average rating of “Buy” and a consensus price target of $1,065.61.

In other Amazon.com news, Director Tom A. Alberg sold 800 shares of the company’s stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $1,000.00, for a total transaction of $800,000.00. Following the completion of the sale, the director now directly owns 20,320 shares in the company, valued at $20,320,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jeffrey A. Wilke sold 710 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $987.39, for a total transaction of $701,046.90. Following the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $9,873,900. The disclosure for this sale can be found here. Insiders have sold 10,890 shares of company stock valued at $10,800,023 over the last 90 days. Corporate insiders own 17.70% of the company’s stock.

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.

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

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