Farr Miller & Washington LLC DC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 11.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 622 shares of the e-commerce giant’s stock after acquiring an additional 66 shares during the quarter. Farr Miller & Washington LLC DC’s holdings in Amazon.com were worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the company. Leavell Investment Management Inc. raised its position in shares of Amazon.com by 0.3% during the second quarter. Leavell Investment Management Inc. now owns 394 shares of the e-commerce giant’s stock worth $381,000 after acquiring an additional 1 shares during the last quarter. SeaBridge Investment Advisors LLC raised its position in shares of Amazon.com by 0.4% during the second quarter. SeaBridge Investment Advisors LLC now owns 272 shares of the e-commerce giant’s stock worth $263,000 after acquiring an additional 1 shares during the last quarter. Probity Advisors Inc. increased its holdings in Amazon.com by 0.6% in the second quarter. Probity Advisors Inc. now owns 320 shares of the e-commerce giant’s stock worth $310,000 after purchasing an additional 2 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in Amazon.com by 0.3% in the second quarter. Venturi Wealth Management LLC now owns 632 shares of the e-commerce giant’s stock worth $612,000 after purchasing an additional 2 shares in the last quarter. Finally, WealthTrust Arizona LLC increased its holdings in Amazon.com by 2.7% in the second quarter. WealthTrust Arizona LLC now owns 114 shares of the e-commerce giant’s stock worth $110,000 after purchasing an additional 3 shares in the last quarter. Institutional investors own 59.79% of the company’s stock.

Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,133.95 on Tuesday. The stock has a market capitalization of $560,104.13, a P/E ratio of 295.01, a P/E/G ratio of 14.56 and a beta of 1.47. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. Amazon.com, Inc. has a 1 year low of $742.00 and a 1 year high of $1,213.41.

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

In related 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 transaction of $431,601,618.30. Following the transaction, the chief executive officer now owns 79,891,433 shares of the company’s stock, valued at $88,162,593,058.49. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 1,985 shares of Amazon.com stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $1,125.38, for a total value of $2,233,879.30. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 399,538 shares of company stock worth $441,142,749. 17.00% of the stock is owned by insiders.

AMZN has been the subject of a number of research analyst reports. Mizuho reiterated a “buy” rating and issued a $1,250.00 target price on shares of Amazon.com in a report on Monday, August 7th. Goldman Sachs Group reiterated a “conviction-buy” rating and issued a $1,275.00 target price on shares of Amazon.com in a report on Wednesday, August 9th. Tigress Financial reiterated a “buy” rating on shares of Amazon.com in a report on Wednesday, August 9th. Piper Jaffray Companies reiterated an “overweight” rating and issued a $1,200.00 target price on shares of Amazon.com in a report on Thursday, August 10th. Finally, Cowen reiterated an “outperform” rating and issued a $1,125.00 target price on shares of Amazon.com in a report on Thursday, August 10th. Four analysts have rated the stock with a hold rating and fifty have assigned a buy rating to the company. Amazon.com presently has an average rating of “Buy” and an average price target of $1,210.68.

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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.

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

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