Middleton & Co Inc MA boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 21,054 shares of the e-commerce giant’s stock after buying an additional 1,713 shares during the quarter. Amazon.com accounts for 3.7% of Middleton & Co Inc MA’s portfolio, making the stock its biggest position. Middleton & Co Inc MA’s holdings in Amazon.com were worth $20,241,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AMZN. Vanguard Group Inc. lifted its holdings in Amazon.com by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock worth $26,003,758,000 after buying an additional 764,115 shares during the period. BlackRock Inc. lifted its holdings in Amazon.com by 2.4% in the 2nd quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock worth $23,160,193,000 after buying an additional 554,990 shares during the period. Capital Research Global Investors lifted its holdings in Amazon.com by 0.4% in the 2nd quarter. Capital Research Global Investors now owns 10,711,772 shares of the e-commerce giant’s stock worth $10,368,995,000 after buying an additional 40,068 shares during the period. TIAA CREF Investment Management LLC lifted its holdings in Amazon.com by 1.7% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 2,828,302 shares of the e-commerce giant’s stock worth $2,737,796,000 after buying an additional 46,800 shares during the period. Finally, Harbour Capital Advisors LLC lifted its holdings in 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 buying an additional 2,300,593 shares during the period. Institutional investors own 59.78% of the company’s stock.

Several equities research analysts have weighed in on the company. Credit Suisse Group reiterated a “buy” rating on shares of Amazon.com in a report on Tuesday. BidaskClub upgraded Amazon.com from a “hold” rating to a “buy” rating in a report on Tuesday. Robert W. Baird reiterated a “buy” rating and issued a $1,310.00 price objective on shares of Amazon.com in a report on Monday. Piper Jaffray Companies reiterated an “overweight” rating and issued a $1,400.00 price objective (up previously from $1,200.00) on shares of Amazon.com in a report on Tuesday. Finally, Vetr cut Amazon.com from a “buy” rating to a “hold” rating and set a $1,277.08 price objective for the company. in a report on Monday. Four research analysts have rated the stock with a hold rating and fifty-one have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $1,252.24.

In other Amazon.com news, VP Shelley Reynolds sold 544 shares of Amazon.com stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,126.27, for a total value of $612,690.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Zapolsky sold 2,334 shares of Amazon.com stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,125.39, for a total value of $2,626,660.26. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 402,338 shares of company stock valued at $444,391,701. 17.00% of the stock is owned by corporate insiders.

Amazon.com, Inc. (NASDAQ AMZN) opened at $1,252.70 on Wednesday. Amazon.com, Inc. has a 52-week low of $789.51 and a 52-week high of $1,259.33. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. The firm has a market capitalization of $603,640.00, a P/E ratio of 316.34, a P/E/G ratio of 7.22 and a beta of 1.46.

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

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Amazon.com Company 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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