Amazon.com, Inc. (AMZN) is Dowling & Yahnke LLC’s 7th Largest Position

Dowling & Yahnke LLC decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,712 shares of the e-commerce giant’s stock after selling 183 shares during the period. Amazon.com accounts for about 1.4% of Dowling & Yahnke LLC’s holdings, making the stock its 7th biggest position. Dowling & Yahnke LLC’s holdings in Amazon.com were worth $13,273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp grew its stake in Amazon.com by 1.1% during the first quarter. State Street Corp now owns 16,544,538 shares of the e-commerce giant’s stock valued at $14,667,392,000 after acquiring an additional 186,756 shares in the last quarter. Harbour Capital Advisors LLC grew its stake in Amazon.com by 100,947.5% during the second quarter. Harbour Capital Advisors LLC now owns 2,302,872 shares of the e-commerce giant’s stock valued at $2,379,000 after acquiring an additional 2,300,593 shares in the last quarter. American Century Companies Inc. grew its stake in Amazon.com by 0.5% during the first quarter. American Century Companies Inc. now owns 1,647,564 shares of the e-commerce giant’s stock valued at $1,460,631,000 after acquiring an additional 8,704 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Amazon.com by 1.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,280,034 shares of the e-commerce giant’s stock valued at $1,239,073,000 after acquiring an additional 15,147 shares in the last quarter. Finally, Clearbridge Investments LLC grew its stake in Amazon.com by 11.9% during the first quarter. Clearbridge Investments LLC now owns 883,531 shares of the e-commerce giant’s stock valued at $783,286,000 after acquiring an additional 93,757 shares in the last quarter. Hedge funds and other institutional investors own 60.77% of the company’s stock.

Several equities analysts recently commented on the stock. Stifel Nicolaus reiterated a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. Zacks Investment Research upgraded shares of Amazon.com from a “sell” rating to a “hold” rating and set a $1,244.00 target price for the company in a research report on Monday, October 30th. Cantor Fitzgerald reiterated a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. Leerink Swann reiterated a “buy” rating on shares of Amazon.com in a research report on Monday, October 30th. Finally, Vetr lowered shares of Amazon.com from a “buy” rating to a “hold” rating and set a $1,079.96 target price for the company. in a research report on Monday, October 30th. Five analysts have rated the stock with a hold rating and forty-nine have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $1,142.08.

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Shares of Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,111.60 on Friday. The stock has a market capitalization of $535,648.94, a price-to-earnings ratio of 282.13, a P/E/G ratio of 14.05 and a beta of 1.45. Amazon.com, Inc. has a 52-week low of $710.10 and a 52-week high of $1,122.79. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.57). The company had revenue of $43.74 billion during the quarter, compared to the consensus estimate of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The firm’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.52 earnings per share. analysts anticipate that Amazon.com, Inc. will post 4.2 EPS for the current year.

In other news, CEO Jeffrey P. Bezos sold 391,110 shares of Amazon.com stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the completion of the sale, the chief executive officer now directly owns 79,891,433 shares in the company, valued at $88,162,593,058.49. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 1,985 shares of Amazon.com stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $986.12, for a total value of $1,957,448.20. Following the sale, the chief executive officer now owns 81,479 shares of the company’s stock, valued at $80,348,071.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 399,483 shares of company stock valued at $439,775,421. 17.70% of the stock is owned by corporate insiders.

Amazon.com 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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