Evergreen Capital Management LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 420 shares of the e-commerce giant’s stock, valued at approximately $407,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp increased its stake in shares of Amazon.com by 1.1% in the 1st quarter. State Street Corp now owns 16,544,538 shares of the e-commerce giant’s stock worth $14,667,392,000 after acquiring an additional 186,756 shares during the last quarter. Harbour Capital Advisors LLC increased its stake in shares of Amazon.com by 100,947.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 2,302,872 shares of the e-commerce giant’s stock worth $2,379,000 after acquiring an additional 2,300,593 shares during the last quarter. Legal & General Group Plc increased its stake in shares of Amazon.com by 3.8% in the 2nd quarter. Legal & General Group Plc now owns 1,790,451 shares of the e-commerce giant’s stock worth $1,733,174,000 after acquiring an additional 66,086 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Amazon.com by 0.5% in the 1st quarter. American Century Companies Inc. now owns 1,647,564 shares of the e-commerce giant’s stock worth $1,460,631,000 after acquiring an additional 8,704 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its stake in shares of Amazon.com by 1.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,280,034 shares of the e-commerce giant’s stock worth $1,239,073,000 after acquiring an additional 15,147 shares during the last quarter. 59.83% of the stock is owned by hedge funds and other institutional investors.

In other Amazon.com news, CEO Jeffrey P. Bezos sold 391,110 shares of Amazon.com stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total value of $431,601,618.30. Following the transaction, the chief executive officer now directly owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Tom A. Alberg sold 870 shares of Amazon.com stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $1,150.00, for a total value of $1,000,500.00. Following the completion of the transaction, the director now owns 17,949 shares in the company, valued at $20,641,350. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 398,703 shares of company stock worth $440,138,461. 17.70% of the stock is currently owned by corporate insiders.

A number of research firms have recently weighed in on AMZN. Cantor Fitzgerald reiterated a “buy” rating and set a $1,150.00 price target on shares of Amazon.com in a report on Tuesday, October 24th. They noted that the move was a valuation call. Vetr cut Amazon.com from a “strong-buy” rating to a “buy” rating and set a $1,079.96 price target for the company. in a report on Monday, October 23rd. Canaccord Genuity reiterated a “buy” rating and set a $1,250.00 price target (up from $1,200.00) on shares of Amazon.com in a report on Friday, October 27th. SunTrust Banks, Inc. began coverage on Amazon.com in a report on Tuesday, August 15th. They set a “buy” rating and a $1,220.00 price target for the company. Finally, JMP Securities reiterated an “outperform” rating and set a $1,125.00 price target on shares of Amazon.com in a report on Friday, August 25th. Five analysts have rated the stock with a hold rating and forty-nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $1,160.04.

Amazon.com, Inc. (AMZN) opened at $1,186.00 on Friday. The company has a market capitalization of $571,500.19, a P/E ratio of 301.02, a price-to-earnings-growth ratio of 14.86 and a beta of 1.45. Amazon.com, Inc. has a 12-month low of $736.70 and a 12-month high of $1,186.84. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03.

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

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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.

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

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