Appleton Partners Inc. MA raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,782 shares of the e-commerce giant’s stock after acquiring an additional 37 shares during the period. Amazon.com makes up 1.1% of Appleton Partners Inc. MA’s investment portfolio, making the stock its 21st largest position. Appleton Partners Inc. MA’s holdings in Amazon.com were worth $6,565,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Beese Fulmer Investment Management Inc. raised its holdings in shares of Amazon.com by 0.7% in the 1st quarter. Beese Fulmer Investment Management Inc. now owns 289 shares of the e-commerce giant’s stock valued at $256,000 after acquiring an additional 2 shares in the last quarter. Round Table Services LLC raised its holdings in shares of Amazon.com by 0.3% in the 1st quarter. Round Table Services LLC now owns 701 shares of the e-commerce giant’s stock valued at $621,000 after acquiring an additional 2 shares in the last quarter. Naples Global Advisors LLC raised its holdings in shares of Amazon.com by 0.3% in the 1st quarter. Naples Global Advisors LLC now owns 1,078 shares of the e-commerce giant’s stock valued at $956,000 after acquiring an additional 3 shares in the last quarter. Beaumont Financial Partners LLC raised its holdings in shares of Amazon.com by 0.6% in the 1st quarter. Beaumont Financial Partners LLC now owns 545 shares of the e-commerce giant’s stock valued at $483,000 after acquiring an additional 3 shares in the last quarter. Finally, Cadence Bank NA raised its holdings in shares of Amazon.com by 0.8% in the 1st quarter. Cadence Bank NA now owns 658 shares of the e-commerce giant’s stock valued at $584,000 after acquiring an additional 5 shares in the last quarter. 60.76% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “Amazon.com, Inc. (AMZN) Holdings Increased by Appleton Partners Inc. MA” was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.dailypolitical.com/2017/09/25/amazon-com-inc-amzn-holdings-increased-by-appleton-partners-inc-ma.html.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,800 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $955.20, for a total value of $2,674,560.00. Following the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $9,552,000. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jeffrey A. Wilke sold 710 shares of the business’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of $985.25, for a total value of $699,527.50. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $9,852,500. The disclosure for this sale can be found here. In the last three months, insiders sold 9,793 shares of company stock worth $9,574,377. 17.70% of the stock is owned by corporate insiders.

Several research firms have weighed in on AMZN. Instinet reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, June 2nd. BidaskClub cut Amazon.com from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. SunTrust Banks, Inc. began coverage on Amazon.com in a report on Tuesday, August 15th. They issued a “buy” rating and a $1,220.00 price target on the stock. JMP Securities reaffirmed an “outperform” rating and issued a $1,125.00 price target on shares of Amazon.com in a report on Friday, August 25th. Finally, Mizuho reaffirmed a “buy” rating and issued a $1,250.00 price target on shares of Amazon.com in a report on Monday, August 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating, forty-six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $1,101.25.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($1.00). The firm had revenue of $37.96 billion for the quarter, compared to analysts’ expectations of $37.18 billion. Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The firm’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.78 EPS.

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.

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

Receive News & Ratings for Amazon.com Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com Inc. and related companies with MarketBeat.com's FREE daily email newsletter.