JNBA Financial Advisors grew its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 12.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 945 shares of the e-commerce giant’s stock after buying an additional 101 shares during the quarter. JNBA Financial Advisors’ holdings in Amazon.com were worth $2,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Inspirion Wealth Advisors LLC raised its holdings in Amazon.com by 0.8% during the third quarter. Inspirion Wealth Advisors LLC now owns 399 shares of the e-commerce giant’s stock valued at $1,256,000 after acquiring an additional 3 shares during the period. Wambolt & Associates LLC raised its holdings in Amazon.com by 1.9% during the second quarter. Wambolt & Associates LLC now owns 214 shares of the e-commerce giant’s stock valued at $590,000 after acquiring an additional 4 shares during the period. Focused Wealth Management Inc raised its holdings in Amazon.com by 0.4% during the second quarter. Focused Wealth Management Inc now owns 950 shares of the e-commerce giant’s stock valued at $2,621,000 after acquiring an additional 4 shares during the period. SYM FINANCIAL Corp raised its holdings in Amazon.com by 3.6% during the second quarter. SYM FINANCIAL Corp now owns 115 shares of the e-commerce giant’s stock valued at $317,000 after acquiring an additional 4 shares during the period. Finally, Davis Capital Management raised its holdings in Amazon.com by 11.4% during the second quarter. Davis Capital Management now owns 39 shares of the e-commerce giant’s stock valued at $108,000 after acquiring an additional 4 shares during the period. 52.82% of the stock is currently owned by institutional investors.

Shares of NASDAQ:AMZN opened at $3,099.40 on Friday. The company has a market capitalization of $1,555.13 billion, a price-to-earnings ratio of 90.76, a price-to-earnings-growth ratio of 3.21 and a beta of 1.29. Amazon.com, Inc. has a 52 week low of $1,626.03 and a 52 week high of $3,552.25. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 0.40. The firm has a 50 day moving average of $3,195.50 and a 200 day moving average of $2,974.12.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Tuesday, November 3rd. The e-commerce giant reported $12.37 EPS for the quarter, topping analysts’ consensus estimates of $7.41 by $4.96. The company had revenue of $96.15 billion during the quarter, compared to the consensus estimate of $92.56 billion. Amazon.com had a net margin of 4.99% and a return on equity of 24.49%. Amazon.com’s revenue for the quarter was up 37.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.23 earnings per share. On average, sell-side analysts expect that Amazon.com, Inc. will post 33.77 EPS for the current year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 750 shares of Amazon.com stock in a transaction on Monday, August 24th. The shares were sold at an average price of $3,304.28, for a total value of $2,478,210.00. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $33,042,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeffrey A. Wilke sold 1,200 shares of Amazon.com stock in a transaction on Monday, November 16th. The stock was sold at an average price of $3,114.36, for a total transaction of $3,737,232.00. Following the completion of the transaction, the chief executive officer now directly owns 8,291 shares in the company, valued at $25,821,158.76. The disclosure for this sale can be found here. Insiders sold 12,441 shares of company stock worth $38,485,392 over the last ninety days. Corporate insiders own 16.10% of the company’s stock.

A number of research firms have commented on AMZN. UBS Group reissued a “buy” rating on shares of Amazon.com in a report on Friday, October 30th. KeyCorp raised their price objective on Amazon.com from $3,285.00 to $3,500.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Wolfe Research restated a “buy” rating and set a $3,500.00 price objective on shares of Amazon.com in a research report on Wednesday, September 9th. JPMorgan Chase & Co. raised their price objective on Amazon.com from $4,050.00 to $4,100.00 and gave the company a “buy” rating in a research report on Friday, October 30th. Finally, Oppenheimer cut their price objective on Amazon.com from $3,700.00 to $3,500.00 and set an “outperform” rating for the company in a research report on Friday, October 30th. Four investment analysts have rated the stock with a hold rating and forty-seven have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $3,580.13.

Amazon.com Profile

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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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

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