Rathbone Brothers plc raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,674 shares of the e-commerce giant’s stock after purchasing an additional 2,113 shares during the quarter. Amazon.com comprises 3.6% of Rathbone Brothers plc’s portfolio, making the stock its 2nd largest holding. Rathbone Brothers plc’s holdings in Amazon.com were worth $82,363,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMZN. SeaBridge Investment Advisors LLC boosted its stake in shares of Amazon.com by 0.4% during the 2nd 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 in the last quarter. Leavell Investment Management Inc. boosted its stake in shares of Amazon.com by 0.3% during the 2nd 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 in the last quarter. Probity Advisors Inc. boosted its stake in shares of Amazon.com by 0.6% during the 2nd quarter. Probity Advisors Inc. now owns 320 shares of the e-commerce giant’s stock worth $310,000 after acquiring an additional 2 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of Amazon.com by 0.3% during the 2nd quarter. Venturi Wealth Management LLC now owns 632 shares of the e-commerce giant’s stock worth $612,000 after acquiring an additional 2 shares in the last quarter. Finally, Regis Management CO LLC boosted its stake in shares of Amazon.com by 0.9% during the 2nd quarter. Regis Management CO LLC now owns 231 shares of the e-commerce giant’s stock worth $224,000 after acquiring an additional 2 shares in the last quarter. 59.77% of the stock is owned by hedge funds and other institutional investors.

Amazon.com, Inc. (NASDAQ AMZN) opened at $1,182.26 on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $569,700.00, a PE ratio of 298.55, a price-to-earnings-growth ratio of 13.22 and a beta of 1.46. Amazon.com, Inc. has a 1-year low of $747.70 and a 1-year high of $1,213.41.

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

In other Amazon.com news, CEO Andrew R. Jassy sold 1,985 shares of the company’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $88,162,593,058.49. The disclosure for this sale can be found here. Insiders have sold a total of 402,338 shares of company stock valued at $444,391,701 in the last three months. 17.00% of the stock is currently owned by corporate insiders.

Several equities research analysts have recently weighed in on AMZN shares. Credit Suisse Group reissued an “outperform” rating on shares of Amazon.com in a research note on Thursday, August 31st. Monness Crespi & Hardt raised Amazon.com from a “neutral” rating to a “buy” rating and set a $1,250.00 target price for the company in a research report on Friday, October 27th. Leerink Swann reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. TheStreet raised Amazon.com from a “c+” rating to a “b-” rating in a research report on Tuesday, November 7th. Finally, Goldman Sachs Group reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, December 4th. Four equities research analysts have rated the stock with a hold rating and fifty-one have assigned a buy rating to the stock. Amazon.com currently has an average rating of “Buy” and a consensus price target of $1,237.19.

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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.

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

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