Fiduciary Trust Co. raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,807 shares of the e-commerce giant’s stock after purchasing an additional 430 shares during the quarter. Amazon.com makes up approximately 0.9% of Fiduciary Trust Co.’s portfolio, making the stock its 27th largest holding. Fiduciary Trust Co.’s holdings in Amazon.com were worth $29,821,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Leavell Investment Management Inc. lifted its holdings in shares of Amazon.com by 0.3% in the second quarter. Leavell Investment Management Inc. now owns 394 shares of the e-commerce giant’s stock worth $381,000 after buying an additional 1 shares in the last quarter. SeaBridge Investment Advisors LLC lifted its holdings in shares of Amazon.com by 0.4% in the second quarter. SeaBridge Investment Advisors LLC now owns 272 shares of the e-commerce giant’s stock worth $263,000 after buying an additional 1 shares in the last quarter. Probity Advisors Inc. lifted its holdings in shares of 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 buying an additional 2 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of 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 buying an additional 2 shares in the last quarter. Finally, WealthTrust Arizona LLC lifted its holdings in shares of 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 buying an additional 3 shares in the last quarter. 59.79% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com, Inc. (NASDAQ AMZN) opened at $1,141.57 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00. Amazon.com, Inc. has a fifty-two week low of $747.70 and a fifty-two week high of $1,213.41. The stock has a market cap of $546,418.94, a P/E ratio of 287.80, a PEG ratio of 14.21 and a beta of 1.47.

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

In other news, CEO Andrew R. Jassy sold 1,985 shares of the firm’s 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the firm’s 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 completion of the transaction, the chief executive officer now owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. The disclosure for this sale can be found here. Insiders sold 399,538 shares of company stock worth $441,142,749 in the last 90 days. Company insiders own 17.00% of the company’s stock.

A number of brokerages recently weighed in on AMZN. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $1,150.00 target price on shares of Amazon.com in a research note on Tuesday, October 24th. They noted that the move was a valuation call. Vetr downgraded shares of Amazon.com from a “strong-buy” rating to a “buy” rating and set a $1,079.96 target price on the stock. in a research note on Monday, October 23rd. Canaccord Genuity reaffirmed a “buy” rating and issued a $1,250.00 target price (up from $1,200.00) on shares of Amazon.com in a research note on Friday, October 27th. JMP Securities reaffirmed an “outperform” rating and issued a $1,125.00 target price on shares of Amazon.com in a research note on Friday, August 25th. Finally, SunTrust Banks began coverage on shares of Amazon.com in a research note on Tuesday, August 15th. They issued a “buy” rating and a $1,220.00 target price on the stock. Four analysts have rated the stock with a hold rating and fifty have given a buy rating to the company. Amazon.com has a consensus rating of “Buy” and a consensus price target of $1,210.68.

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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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