Fort Washington Investment Advisors Inc. OH boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 202,103 shares of the e-commerce giant’s stock after buying an additional 4,085 shares during the period. Amazon.com makes up about 2.9% of Fort Washington Investment Advisors Inc. OH’s holdings, making the stock its 3rd largest position. Fort Washington Investment Advisors Inc. OH’s holdings in Amazon.com were worth $178,440,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Congress Asset Management Co. MA increased its position in Amazon.com by 758.5% in the first quarter. Congress Asset Management Co. MA now owns 59,116 shares of the e-commerce giant’s stock valued at $52,409,000 after buying an additional 52,230 shares during the last quarter. Peapack Gladstone Financial Corp increased its position in Amazon.com by 6.6% in the first quarter. Peapack Gladstone Financial Corp now owns 7,497 shares of the e-commerce giant’s stock valued at $6,646,000 after buying an additional 464 shares during the last quarter. Arthur M. Cohen & Associates LLC purchased a new position in Amazon.com during the first quarter valued at $4,652,000. South Texas Money Management Ltd. increased its position in Amazon.com by 6.0% in the first quarter. South Texas Money Management Ltd. now owns 1,899 shares of the e-commerce giant’s stock valued at $1,684,000 after buying an additional 108 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in Amazon.com by 13.0% in the first quarter. Private Advisor Group LLC now owns 25,348 shares of the e-commerce giant’s stock valued at $23,024,000 after buying an additional 2,913 shares during the last quarter. Institutional investors own 62.17% of the company’s stock.

Shares of Amazon.com, Inc. (AMZN) opened at 992.27 on Tuesday. The stock has a market cap of $476.67 billion, a PE ratio of 252.36 and a beta of 1.48. The company’s 50-day moving average price is $999.29 and its 200-day moving average price is $918.57. Amazon.com, Inc. has a 52-week low of $710.10 and a 52-week high of $1,083.31.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.40 by $1.00. The firm had revenue of $37.96 billion during the quarter, compared to analysts’ expectations of $37.18 billion. Amazon.com had a return on equity of 9.38% and a net margin of 1.28%. The business’s revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the business earned $1.78 EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post $3.84 earnings per share for the current fiscal year.

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Several research firms have recently weighed in on AMZN. Mizuho reiterated a “buy” rating and set a $1,250.00 price target on shares of Amazon.com in a research note on Monday. BidaskClub downgraded Amazon.com from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Cantor Fitzgerald reiterated an “overweight” rating on shares of Amazon.com in a research note on Tuesday, August 1st. Vetr upgraded Amazon.com from a “buy” rating to a “strong-buy” rating and set a $1,134.58 price target for the company in a research note on Monday, July 31st. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Amazon.com in a research note on Monday, July 31st. One analyst has rated the stock with a sell rating, four have given a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $1,065.61.

In related news, CEO Jeffrey A. Wilke sold 710 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $987.39, for a total value of $701,046.90. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $9,873,900. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the firm’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $949.49, for a total value of $1,898,980.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $9,494,900. The disclosure for this sale can be found here. Insiders sold a total of 12,890 shares of company stock valued at $12,699,003 in the last 90 days. 17.70% of the stock is currently owned by company insiders.

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 North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.

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

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