Sawtooth Solutions LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,466 shares of the e-commerce giant’s stock after buying an additional 86 shares during the quarter. Sawtooth Solutions LLC’s holdings in Amazon.com were worth $4,191,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. Marcus Capital LLC raised its position in Amazon.com by 2.4% in the 2nd quarter. Marcus Capital LLC now owns 1,171 shares of the e-commerce giant’s stock worth $1,990,000 after purchasing an additional 27 shares during the last quarter. Winthrop Advisory Group LLC raised its position in Amazon.com by 3.8% in the 2nd quarter. Winthrop Advisory Group LLC now owns 744 shares of the e-commerce giant’s stock worth $1,265,000 after purchasing an additional 27 shares during the last quarter. AMI Investment Management Inc. raised its position in Amazon.com by 17.6% in the 2nd quarter. AMI Investment Management Inc. now owns 180 shares of the e-commerce giant’s stock worth $306,000 after purchasing an additional 27 shares during the last quarter. BKD Wealth Advisors LLC raised its position in Amazon.com by 3.1% in the 2nd quarter. BKD Wealth Advisors LLC now owns 943 shares of the e-commerce giant’s stock worth $1,603,000 after purchasing an additional 28 shares during the last quarter. Finally, SignalPoint Asset Management LLC raised its position in Amazon.com by 2.0% in the 2nd quarter. SignalPoint Asset Management LLC now owns 1,453 shares of the e-commerce giant’s stock worth $2,470,000 after purchasing an additional 29 shares during the last quarter. Hedge funds and other institutional investors own 55.64% of the company’s stock.

In related news, Director Patricia Q. Stonesifer sold 1,375 shares of the company’s stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $1,678.99, for a total value of $2,308,611.25. Following the transaction, the director now owns 9,127 shares in the company, valued at approximately $15,324,141.73. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of $1,981.72, for a total transaction of $3,963,440.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $19,817,200. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,842 shares of company stock worth $42,513,241. 16.30% of the stock is owned by company insiders.

A number of analysts have commented on the stock. Oppenheimer reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, August 10th. Macquarie reaffirmed a “buy” rating on shares of Amazon.com in a report on Wednesday, August 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a $2,185.00 target price on shares of Amazon.com in a report on Friday, August 17th. JMP Securities reaffirmed a “buy” rating and set a $2,075.00 target price on shares of Amazon.com in a report on Monday, August 20th. Finally, MKM Partners lifted their target price on shares of Amazon.com from $1,840.00 to $2,215.00 and gave the stock a “buy” rating in a report on Wednesday, August 22nd. Three investment analysts have rated the stock with a hold rating and forty-six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $2,096.01.

AMZN opened at $1,699.19 on Friday. The firm has a market capitalization of $815.80 billion, a P/E ratio of 373.45, a P/E/G ratio of 3.17 and a beta of 1.70. Amazon.com, Inc. has a 12 month low of $1,151.00 and a 12 month high of $2,050.50. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 0.63.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 25th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate of $3.29 by $2.46. The business had revenue of $56.58 billion for the quarter, compared to analysts’ expectations of $57.05 billion. Amazon.com had a net margin of 4.03% and a return on equity of 24.35%. As a group, equities analysts forecast that Amazon.com, Inc. will post 19.49 EPS for the current year.

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About Amazon.com

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) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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