Commonwealth Bank of Australia lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 42.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,295 shares of the e-commerce giant’s stock after purchasing an additional 2,172 shares during the quarter. Commonwealth Bank of Australia’s holdings in Amazon.com were worth $10,951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Oregon Public Employees Retirement Fund boosted its stake in Amazon.com by 150,721.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 109,486,103 shares of the e-commerce giant’s stock worth $73,000 after buying an additional 109,413,510 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Amazon.com by 700,301.9% in the third quarter. Bank of New York Mellon Corp now owns 3,999,295 shares of the e-commerce giant’s stock worth $8,010,587,000 after buying an additional 3,998,724 shares in the last quarter. Vanguard Group Inc boosted its stake in Amazon.com by 1.8% in the third quarter. Vanguard Group Inc now owns 29,599,653 shares of the e-commerce giant’s stock worth $59,288,105,000 after buying an additional 516,913 shares in the last quarter. BlackRock Inc. boosted its stake in Amazon.com by 1.0% in the fourth quarter. BlackRock Inc. now owns 25,807,758 shares of the e-commerce giant’s stock worth $38,762,479,000 after buying an additional 261,129 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Amazon.com by 3.6% in the fourth quarter. Northern Trust Corp now owns 4,845,336 shares of the e-commerce giant’s stock worth $7,277,549,000 after buying an additional 169,260 shares in the last quarter. 55.51% of the stock is owned by institutional investors.

Shares of Amazon.com stock opened at $1,863.70 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 1.09 and a debt-to-equity ratio of 0.48. The company has a market cap of $888.18 billion, a P/E ratio of 92.54, a price-to-earnings-growth ratio of 2.06 and a beta of 1.62. Amazon.com, Inc. has a 52 week low of $1,307.00 and a 52 week high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, April 25th. The e-commerce giant reported $7.09 EPS for the quarter, beating analysts’ consensus estimates of $4.61 by $2.48. The company had revenue of $59.70 billion during the quarter, compared to the consensus estimate of $59.73 billion. Amazon.com had a return on equity of 28.91% and a net margin of 4.97%. The firm’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.27 earnings per share. On average, equities analysts predict that Amazon.com, Inc. will post 26.55 earnings per share for the current fiscal year.

Several analysts have issued reports on the company. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday, April 29th. Zacks Investment Research lowered Amazon.com from a “buy” rating to a “hold” rating in a research note on Monday, April 29th. JMP Securities upped their target price on Amazon.com from $2,050.00 to $2,275.00 and gave the stock an “outperform” rating in a research note on Monday, April 29th. Piper Jaffray Companies upped their target price on Amazon.com from $2,070.00 to $2,225.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Finally, Bank of America upped their target price on Amazon.com from $2,100.00 to $2,300.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. Five research analysts have rated the stock with a hold rating and forty-three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $2,196.39.

In related news, CEO Jeffrey A. Wilke sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $1,811.14, for a total transaction of $3,622,280.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at $18,111,400. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jeffrey A. Wilke sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $1,858.25, for a total value of $1,858,250.00. Following the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $18,582,500. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,932 shares of company stock valued at $24,196,737. 16.10% of the stock is owned by corporate insiders.

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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 third-party sellers through physical stores and online stores.

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

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