Arcadia Investment Management Corp MI increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 6.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,599 shares of the e-commerce giant’s stock after acquiring an additional 98 shares during the period. Arcadia Investment Management Corp MI’s holdings in Amazon.com were worth $1,537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vestor Capital LLC raised its holdings in shares of Amazon.com by 10.1% in the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after acquiring an additional 10 shares during the last quarter. WealthTrust Arizona LLC increased its stake in Amazon.com by 2.7% in the 2nd quarter. WealthTrust Arizona LLC now owns 114 shares of the e-commerce giant’s stock valued at $110,000 after buying an additional 3 shares during the last quarter. LeJeune Puetz Investment Counsel LLC purchased a new stake in Amazon.com in the 2nd quarter valued at about $116,000. Mountain Capital Investment Advisors Inc purchased a new stake in Amazon.com in the 2nd quarter valued at about $121,000. Finally, Farmers & Merchants Investments Inc. increased its stake in Amazon.com by 560.0% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 132 shares of the e-commerce giant’s stock valued at $128,000 after buying an additional 112 shares during the last quarter. Institutional investors own 59.76% of the company’s stock.

Amazon.com, Inc. (NASDAQ AMZN) opened at $1,177.62 on Thursday. The company has a market cap of $567,460.00, a P/E ratio of 302.18, a P/E/G ratio of 13.47 and a beta of 1.46. Amazon.com, Inc. has a fifty-two week low of $747.70 and a fifty-two week high of $1,213.41. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.57). The business had revenue of $43.74 billion during 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%. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period last year, the business posted $0.52 earnings per share. analysts predict that Amazon.com, Inc. will post 4.24 earnings per share for the current year.

In related news, CEO Jeffrey P. Bezos sold 391,110 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total value of $431,601,618.30. Following the completion of the transaction, the chief executive officer now directly owns 79,891,433 shares of the company’s stock, valued at approximately $88,162,593,058.49. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was 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. Over the last ninety days, insiders sold 402,338 shares of company stock valued at $444,391,701. 17.00% of the stock is owned by insiders.

AMZN has been the subject of several analyst reports. Independent Research reiterated a “buy” rating on shares of Amazon.com in a research note on Wednesday, August 23rd. Needham & Company LLC set a $1,150.00 price objective on shares of Amazon.com and gave the company a “buy” rating in a research note on Friday, August 25th. JMP Securities reiterated an “outperform” rating and issued a $1,125.00 price objective on shares of Amazon.com in a research note on Friday, August 25th. KeyCorp reiterated a “hold” rating on shares of Amazon.com in a research note on Monday, August 28th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $1,100.00 price objective on shares of Amazon.com in a research note on Wednesday, August 30th. Four equities research analysts have rated the stock with a hold rating and fifty-one have assigned a buy rating to the stock. Amazon.com currently has an average rating of “Buy” and an average price target of $1,237.19.

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Amazon.com Profile

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)

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