TD Asset Management Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 8.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 428,780 shares of the e-commerce giant’s stock after buying an additional 33,794 shares during the quarter. Amazon.com makes up approximately 0.6% of TD Asset Management Inc.’s investment portfolio, making the stock its 28th largest holding. TD Asset Management Inc.’s holdings in Amazon.com were worth $412,208,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Venturi Wealth Management LLC increased its holdings in 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 during the period. Regis Management CO LLC increased its holdings in 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 during the period. Hall Capital Management Co. Inc. increased its holdings in Amazon.com by 0.8% during the 2nd quarter. Hall Capital Management Co. Inc. now owns 403 shares of the e-commerce giant’s stock worth $390,000 after acquiring an additional 3 shares during the period. Noesis Capital Mangement Corp increased its holdings in Amazon.com by 0.8% during the 2nd quarter. Noesis Capital Mangement Corp now owns 505 shares of the e-commerce giant’s stock worth $489,000 after acquiring an additional 4 shares during the period. Finally, Dumont & Blake Investment Advisors LLC increased its holdings in Amazon.com by 1.9% during the 2nd quarter. Dumont & Blake Investment Advisors LLC now owns 270 shares of the e-commerce giant’s stock worth $261,000 after acquiring an additional 5 shares during the period. 59.06% of the stock is currently owned by institutional investors.

Shares of Amazon.com, Inc. (AMZN) opened at $1,386.23 on Tuesday. The firm has a market cap of $667,990.00, a PE ratio of 224.67, a price-to-earnings-growth ratio of 5.89 and a beta of 1.63. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04. Amazon.com, Inc. has a 12 month low of $828.55 and a 12 month high of $1,498.00.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.31. The business had revenue of $60.45 billion during the quarter, compared to analyst estimates of $59.85 billion. Amazon.com had a net margin of 1.71% and a return on equity of 9.23%. Amazon.com’s revenue was up 38.2% compared to the same quarter last year. During the same period last year, the business earned $1.54 EPS. equities research analysts predict that Amazon.com, Inc. will post 8.49 earnings per share for the current year.

A number of analysts recently weighed in on the stock. Bank of America reaffirmed a “buy” rating and set a $1,650.00 target price (up previously from $1,460.00) on shares of Amazon.com in a report on Friday, February 2nd. Monness Crespi & Hardt reissued a “neutral” rating on shares of Amazon.com in a research note on Friday, February 2nd. Canaccord Genuity reissued a “buy” rating and issued a $1,650.00 price target (up previously from $1,500.00) on shares of Amazon.com in a research note on Friday, February 2nd. Needham & Company LLC reissued a “buy” rating on shares of Amazon.com in a research note on Monday, February 5th. Finally, Morgan Stanley reissued a “buy” rating on shares of Amazon.com in a research note on Monday, February 5th. Five research analysts have rated the stock with a hold rating, forty-nine have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $1,436.97.

In other Amazon.com news, Chief Executive Officer of Worldwide Consumer Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $1,160.34, for a total transaction of $3,248,952.00. Following the completion of the sale, the insider now directly owns 10,000 shares in the company, valued at approximately $11,603,400. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $1,126.27, for a total transaction of $612,690.88. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,368 shares of company stock valued at $10,726,970. 17.00% of the stock is owned by company insiders.

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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 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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