TPG Financial Advisors LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 10.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 203 shares of the e-commerce giant’s stock after acquiring an additional 20 shares during the quarter. Amazon.com accounts for about 0.5% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 26th biggest position. TPG Financial Advisors LLC’s holdings in Amazon.com were worth $560,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Orser Capital Management LLC grew its stake in Amazon.com by 1.0% during the fourth quarter. Orser Capital Management LLC now owns 1,472 shares of the e-commerce giant’s stock worth $2,719,000 after buying an additional 14 shares during the last quarter. Quadrant Capital Group LLC grew its stake in Amazon.com by 12.8% during the fourth quarter. Quadrant Capital Group LLC now owns 3,570 shares of the e-commerce giant’s stock worth $6,558,000 after buying an additional 405 shares during the last quarter. Franklin Resources Inc. grew its stake in Amazon.com by 1.5% during the fourth quarter. Franklin Resources Inc. now owns 1,330,890 shares of the e-commerce giant’s stock worth $2,459,237,000 after buying an additional 19,686 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Amazon.com by 0.9% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 60,615 shares of the e-commerce giant’s stock worth $112,007,000 after buying an additional 568 shares during the last quarter. Finally, Magnetar Financial LLC grew its stake in Amazon.com by 144.3% during the fourth quarter. Magnetar Financial LLC now owns 662 shares of the e-commerce giant’s stock worth $1,223,000 after buying an additional 391 shares during the last quarter. 64.65% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on AMZN shares. Wells Fargo & Co reiterated a “buy” rating on shares of Amazon.com in a research report on Wednesday, June 10th. Citigroup upped their target price on shares of Amazon.com from $2,700.00 to $3,550.00 and gave the stock a “buy” rating in a research report on Friday. China International Capital upped their target price on shares of Amazon.com from $1,850.00 to $2,162.00 in a research report on Wednesday, May 6th. Robert W. Baird upped their target price on shares of Amazon.com from $2,750.00 to $3,300.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, SunTrust Banks upped their target price on shares of Amazon.com from $2,700.00 to $3,400.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, forty-six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $2,711.74.

In other news, Director Indra K. Nooyi purchased 27 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were bought at an average cost of $2,806.80 per share, for a total transaction of $75,783.60. Following the completion of the acquisition, the director now directly owns 707 shares in the company, valued at approximately $1,984,407.60. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Andrew R. Jassy sold 6,945 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $2,256.50, for a total value of $15,671,392.50. Following the completion of the sale, the chief executive officer now owns 93,105 shares in the company, valued at $210,091,432.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,497 shares of company stock worth $21,605,827. Corporate insiders own 16.10% of the company’s stock.

Shares of Amazon.com stock traded up $0.90 during trading on Friday, reaching $3,183.53. The stock had a trading volume of 3,322,787 shares, compared to its average volume of 4,473,792. The company has a market capitalization of $1,587.88 billion, a price-to-earnings ratio of 152.10, a P/E/G ratio of 6.27 and a beta of 1.32. The stock has a fifty day moving average price of $2,622.41 and a two-hundred day moving average price of $2,181.00. Amazon.com, Inc. has a 52 week low of $1,626.03 and a 52 week high of $3,193.88. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.36.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, April 30th. The e-commerce giant reported $5.01 EPS for the quarter, missing analysts’ consensus estimates of $6.36 by ($1.35). The firm had revenue of $75.45 billion during the quarter, compared to the consensus estimate of $74.15 billion. Amazon.com had a net margin of 3.56% and a return on equity of 17.83%. The business’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter last year, the firm earned $7.09 earnings per share. On average, equities analysts forecast that Amazon.com, Inc. will post 20.08 EPS for the current fiscal year.

Amazon.com Profile

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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