Teacher Retirement System of Texas increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,175 shares of the e-commerce giant’s stock after buying an additional 7,852 shares during the quarter. Amazon.com accounts for 1.8% of Teacher Retirement System of Texas’ portfolio, making the stock its 4th biggest holding. Teacher Retirement System of Texas’ holdings in Amazon.com were worth $279,065,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Summit Trail Advisors LLC lifted its stake in Amazon.com by 180,406.1% during the first quarter. Summit Trail Advisors LLC now owns 9,848,415 shares of the e-commerce giant’s stock worth $9,848,000 after purchasing an additional 9,842,959 shares during the period. Cornerstone Wealth Management LLC lifted its stake in Amazon.com by 198,956.6% during the second quarter. Cornerstone Wealth Management LLC now owns 3,340,169 shares of the e-commerce giant’s stock worth $1,949,000 after purchasing an additional 3,338,491 shares during the period. Sei Investments Co. lifted its stake in Amazon.com by 799.2% during the second quarter. Sei Investments Co. now owns 282,661 shares of the e-commerce giant’s stock worth $480,471,000 after purchasing an additional 251,227 shares during the period. Natixis lifted its stake in Amazon.com by 296.9% during the first quarter. Natixis now owns 198,729 shares of the e-commerce giant’s stock worth $287,629,000 after purchasing an additional 148,654 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its stake in Amazon.com by 8.6% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,418,279 shares of the e-commerce giant’s stock worth $2,410,791,000 after purchasing an additional 111,901 shares during the period. 56.12% of the stock is currently owned by institutional investors and hedge funds.

AMZN stock opened at $1,495.46 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.08 and a quick ratio of 0.80. Amazon.com, Inc. has a fifty-two week low of $1,124.74 and a fifty-two week high of $2,050.50. The company has a market capitalization of $739.46 billion, a P/E ratio of 328.67, a P/E/G ratio of 2.89 and a beta of 1.70.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping the consensus estimate of $3.29 by $2.46. Amazon.com had a net margin of 4.03% and a return on equity of 24.35%. The firm had revenue of $56.58 billion during the quarter, compared to analysts’ expectations of $57.05 billion. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 19.37 EPS for the current fiscal year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $2,004.25, for a total transaction of $4,008,500.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $20,042,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Shelley Reynolds sold 437 shares of Amazon.com stock in a transaction on Thursday, November 15th. The stock was sold at an average price of $1,573.11, for a total transaction of $687,449.07. The disclosure for this sale can be found here. Insiders sold a total of 30,720 shares of company stock valued at $52,687,431 in the last 90 days. 16.30% of the stock is currently owned by corporate insiders.

A number of research analysts have commented on the stock. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Tuesday. Wells Fargo & Co reiterated a “buy” rating on shares of Amazon.com in a research note on Tuesday. Zacks Investment Research reiterated a “buy” rating and issued a $1,714.00 target price on shares of Amazon.com in a research note on Monday, November 12th. BidaskClub upgraded shares of Amazon.com from a “sell” rating to a “hold” rating in a research note on Saturday, November 10th. Finally, Morgan Stanley reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, November 9th. Three equities research analysts have rated the stock with a hold rating and forty-eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $2,085.14.

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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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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