Arthur M. Cohen & Associates LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,151 shares of the e-commerce giant’s stock after acquiring an additional 221 shares during the quarter. Amazon.com accounts for about 4.6% of Arthur M. Cohen & Associates LLC’s portfolio, making the stock its 6th largest position. Arthur M. Cohen & Associates LLC’s holdings in Amazon.com were worth $12,157,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Marcus Capital LLC increased its position in shares of Amazon.com by 2.4% during the second quarter. Marcus Capital LLC now owns 1,171 shares of the e-commerce giant’s stock worth $1,990,000 after acquiring an additional 27 shares during the period. Winthrop Advisory Group LLC increased its holdings in Amazon.com by 3.8% in the second quarter. Winthrop Advisory Group LLC now owns 744 shares of the e-commerce giant’s stock valued at $1,265,000 after buying an additional 27 shares during the last quarter. AMI Investment Management Inc. increased its holdings in Amazon.com by 17.6% in the second quarter. AMI Investment Management Inc. now owns 180 shares of the e-commerce giant’s stock valued at $306,000 after buying an additional 27 shares during the last quarter. BKD Wealth Advisors LLC increased its holdings in Amazon.com by 3.1% in the second quarter. BKD Wealth Advisors LLC now owns 943 shares of the e-commerce giant’s stock valued at $1,603,000 after buying an additional 28 shares during the last quarter. Finally, SignalPoint Asset Management LLC increased its holdings in Amazon.com by 2.0% in the second quarter. SignalPoint Asset Management LLC now owns 1,453 shares of the e-commerce giant’s stock valued at $2,470,000 after buying an additional 29 shares during the last quarter. 55.64% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Daniel P. Huttenlocher sold 181 shares of the stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $1,579.89, for a total transaction of $285,960.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $1,981.72, for a total transaction of $3,963,440.00. Following the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $19,817,200. The disclosure for this sale can be found here. Insiders have sold 25,842 shares of company stock valued at $42,513,241 in the last quarter. Insiders own 16.30% of the company’s stock.

Several equities analysts recently commented on the company. Independent Research reissued a “buy” rating on shares of Amazon.com in a report on Wednesday, September 26th. MKM Partners increased their target price on Amazon.com from $1,840.00 to $2,215.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. Citigroup increased their target price on Amazon.com from $2,100.00 to $2,250.00 and gave the company a “buy” rating in a report on Monday, September 10th. BidaskClub raised Amazon.com from a “hold” rating to a “buy” rating in a report on Friday, September 28th. Finally, Macquarie reissued a “buy” rating and issued a $2,200.00 target price on shares of Amazon.com in a report on Tuesday, October 2nd. Three investment analysts have rated the stock with a hold rating and forty-six have issued a buy rating to the company’s stock. Amazon.com has an average rating of “Buy” and an average target price of $2,096.01.

Shares of AMZN stock opened at $1,629.13 on Monday. The stock has a market cap of $796.59 billion, a price-to-earnings ratio of 358.05, a PEG ratio of 3.10 and a beta of 1.70. Amazon.com, Inc. has a 1 year low of $1,157.00 and a 1 year high of $2,050.50. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.80 and a current ratio of 1.08.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.29 by $2.46. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. The company had revenue of $56.58 billion for the quarter, compared to analyst estimates of $57.05 billion. Analysts predict that Amazon.com, Inc. will post 19.49 earnings per share for the current year.

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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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