Howland Capital Management LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,460 shares of the e-commerce giant’s stock after buying an additional 26 shares during the quarter. Howland Capital Management LLC’s holdings in Amazon.com were worth $2,765,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Peoples Financial Services CORP. lifted its holdings in shares of Amazon.com by 4.5% during the 4th quarter. Peoples Financial Services CORP. now owns 1,398 shares of the e-commerce giant’s stock worth $2,099,000 after acquiring an additional 60 shares during the period. Endurance Wealth Management Inc. raised its holdings in Amazon.com by 9.3% in the fourth quarter. Endurance Wealth Management Inc. now owns 164 shares of the e-commerce giant’s stock valued at $246,000 after buying an additional 14 shares during the period. Contravisory Investment Management Inc. raised its holdings in Amazon.com by 112.5% in the fourth quarter. Contravisory Investment Management Inc. now owns 34 shares of the e-commerce giant’s stock valued at $51,000 after buying an additional 18 shares during the period. Horan Capital Management raised its holdings in Amazon.com by 7.5% in the fourth quarter. Horan Capital Management now owns 25,101 shares of the e-commerce giant’s stock valued at $37,701,000 after buying an additional 1,755 shares during the period. Finally, Kavar Capital Partners LLC raised its holdings in Amazon.com by 28.7% in the fourth quarter. Kavar Capital Partners LLC now owns 166 shares of the e-commerce giant’s stock valued at $249,000 after buying an additional 37 shares during the period. 55.51% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently commented on AMZN shares. Goldman Sachs Group set a €6.60 ($7.67) price target on shares of Enel and gave the company a “buy” rating in a report on Friday. Piper Jaffray Companies raised their price target on shares of Amazon.com from $2,070.00 to $2,225.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Credit Suisse Group raised their price target on shares of Canadian National Railway from $101.00 to $104.00 and gave the company an “outperform” rating in a report on Wednesday. Cowen restated a “buy” rating on shares of Avrobio in a report on Monday, July 15th. Finally, Wedbush restated a “buy” rating and issued a $1,350.00 price target on shares of Alphabet in a report on Monday, July 22nd. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $2,241.20.

Shares of AMZN stock traded down $30.77 during mid-day trading on Friday, reaching $1,943.05. 4,919,870 shares of the company were exchanged, compared to its average volume of 2,971,265. Amazon.com, Inc. has a fifty-two week low of $1,307.00 and a fifty-two week high of $2,050.50. The company has a quick ratio of 0.83, a current ratio of 1.09 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $956.62 billion, a P/E ratio of 96.48, a P/E/G ratio of 2.27 and a beta of 1.57. The company has a 50 day moving average price of $1,928.39.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share for the quarter, missing analysts’ consensus estimates of $5.29 by ($0.07). Amazon.com had a return on equity of 27.68% and a net margin of 4.80%. The company had revenue of $63.40 billion for the quarter, compared to analyst estimates of $62.59 billion. During the same period in the previous year, the business posted $5.07 EPS. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. As a group, research analysts forecast that Amazon.com, Inc. will post 26.55 earnings per share for the current fiscal year.

In other Amazon.com news, VP Shelley Reynolds sold 379 shares of Amazon.com stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $1,838.32, for a total value of $696,723.28. Following the completion of the transaction, the vice president now owns 6,307 shares of the company’s stock, valued at $11,594,284.24. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider David Zapolsky sold 763 shares of Amazon.com stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $2,000.00, for a total transaction of $1,526,000.00. Following the completion of the transaction, the insider now directly owns 2,698 shares of the company’s stock, valued at approximately $5,396,000. The disclosure for this sale can be found here. In the last ninety days, insiders sold 18,993 shares of company stock valued at $36,698,207. 16.10% of the stock is currently owned by corporate insiders.

Amazon.com Profile

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 third-party sellers through physical stores and online stores.

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

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