Ashburton Jersey Ltd held its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter, according to its most recent disclosure with the SEC. The fund owned 3,131 shares of the e-commerce giant’s stock at the end of the first quarter. Amazon.com accounts for 1.3% of Ashburton Jersey Ltd’s portfolio, making the stock its 15th largest position. Ashburton Jersey Ltd’s holdings in Amazon.com were worth $2,776,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AMZN. Stockbridge Partners LLC raised its position in shares of Amazon.com by 108.2% in the fourth quarter. Stockbridge Partners LLC now owns 119,881 shares of the e-commerce giant’s stock worth $89,895,000 after buying an additional 62,312 shares during the period. ARS Investment Partners LLC raised its position in shares of Amazon.com by 4.1% in the fourth quarter. ARS Investment Partners LLC now owns 20,648 shares of the e-commerce giant’s stock worth $15,483,000 after buying an additional 822 shares during the period. Capital Guardian Trust Co. raised its position in shares of Amazon.com by 53.5% in the fourth quarter. Capital Guardian Trust Co. now owns 235,641 shares of the e-commerce giant’s stock worth $176,700,000 after buying an additional 82,121 shares during the period. Empire Life Investments Inc. bought a new position in shares of Amazon.com during the fourth quarter worth about $2,932,000. Finally, Independent Advisor Alliance bought a new position in shares of Amazon.com during the fourth quarter worth about $4,137,000. Institutional investors and hedge funds own 61.90% of the company’s stock.

Amazon.com, Inc. (NASDAQ:AMZN) traded up 0.21% during midday trading on Tuesday, hitting $985.34. The stock had a trading volume of 1,159,163 shares. The company has a 50-day moving average price of $997.53 and a 200-day moving average price of $928.53. Amazon.com, Inc. has a 52 week low of $710.10 and a 52 week high of $1,083.31. The stock has a market cap of $473.34 billion, a P/E ratio of 250.60 and a beta of 1.48.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $37.18 billion. During the same period in the prior year, the company earned $1.78 EPS. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. Equities analysts expect that Amazon.com, Inc. will post $3.83 EPS for the current year.

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A number of equities analysts recently issued reports on the stock. Barclays PLC boosted their target price on shares of 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 target price 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 target price (up previously 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 investment analyst has rated the stock with a sell rating, four have issued a hold rating, forty-three have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $1,065.61.

In other news, CEO Jeffrey A. Wilke sold 4,000 shares of the company’s stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $969.73, for a total transaction of $3,878,920.00. Following the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $9,697,300. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 710 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $987.39, for a total value of $701,046.90. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $9,873,900. The disclosure for this sale can be found here. Insiders have sold a total of 10,890 shares of company stock worth $10,800,023 in the last ninety days. 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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