Wealth Architects LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,807 shares of the e-commerce giant’s stock after buying an additional 18 shares during the quarter. Amazon.com accounts for about 1.6% of Wealth Architects LLC’s holdings, making the stock its 15th biggest position. Wealth Architects LLC’s holdings in Amazon.com were worth $5,316,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in AMZN. Legacy Advisors LLC lifted its position in Amazon.com by 270.9% in the fourth quarter. Legacy Advisors LLC now owns 1,120 shares of the e-commerce giant’s stock valued at $1,682,000 after purchasing an additional 818 shares during the period. Spirit of America Management Corp NY lifted its position in shares of Amazon.com by 72.7% during the 4th quarter. Spirit of America Management Corp NY now owns 95 shares of the e-commerce giant’s stock valued at $143,000 after acquiring an additional 40 shares during the period. Cohen Lawrence B lifted its position in shares of Amazon.com by 16.2% during the 4th quarter. Cohen Lawrence B now owns 774 shares of the e-commerce giant’s stock valued at $1,163,000 after acquiring an additional 108 shares during the period. Bouchey Financial Group Ltd lifted its position in shares of Amazon.com by 120.4% during the 4th quarter. Bouchey Financial Group Ltd now owns 617 shares of the e-commerce giant’s stock valued at $927,000 after acquiring an additional 337 shares during the period. Finally, Factory Mutual Insurance Co. lifted its position in shares of Amazon.com by 4.2% during the 4th quarter. Factory Mutual Insurance Co. now owns 177,250 shares of the e-commerce giant’s stock valued at $266,224,000 after acquiring an additional 7,150 shares during the period. Hedge funds and other institutional investors own 55.51% of the company’s stock.

In other Amazon.com news, VP Shelley Reynolds sold 379 shares of the company’s stock in a transaction that occurred 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 transaction, the vice president now owns 6,307 shares in the company, valued at approximately $11,594,284.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $1,926.29, for a total transaction of $4,815,725.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $19,262,900. The disclosure for this sale can be found here. In the last quarter, insiders sold 18,993 shares of company stock worth $36,698,207. Company insiders own 16.10% of the company’s stock.

AMZN has been the subject of a number of recent research reports. CIBC raised their price objective on shares of Amazon.com from $1,975.00 to $2,085.00 and gave the stock an “outperform” rating in a research note on Monday, April 1st. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Barclays raised their price objective on shares of Air Products & Chemicals from $220.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday. Zacks Investment Research raised shares of Triple-S Management from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Monday, April 29th. Finally, Bank of America reaffirmed a “buy” rating and issued a $165.00 target price (up from $158.00) on shares of Universal Health Services in a research note on Friday. Four analysts have rated the stock with a hold rating and forty-two have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $2,248.39.

Amazon.com stock traded down $30.77 during trading hours on Friday, hitting $1,943.05. The company had a trading volume of 4,919,870 shares, compared to its average volume of 2,971,265. The firm has a market capitalization of $956.63 billion, a price-to-earnings ratio of 96.48, a P/E/G ratio of 2.23 and a beta of 1.57. 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’s fifty day moving average is $1,928.39. Amazon.com, Inc. has a fifty-two week low of $1,307.00 and a fifty-two week high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $5.29 by ($0.07). The company had revenue of $63.40 billion during the quarter, compared to analyst estimates of $62.59 billion. Amazon.com had a net margin of 4.80% and a return on equity of 27.68%. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.07 EPS. As a group, analysts expect that Amazon.com, Inc. will post 26.46 EPS for the current year.

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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