Decatur Capital Management Inc. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,847 shares of the e-commerce giant’s stock after acquiring an additional 1,096 shares during the quarter. Amazon.com comprises approximately 3.5% of Decatur Capital Management Inc.’s holdings, making the stock its 4th largest holding. Decatur Capital Management Inc.’s holdings in Amazon.com were worth $18,119,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Goelzer Investment Management Inc. increased its position in Amazon.com by 48.7% during the second quarter. Goelzer Investment Management Inc. now owns 397 shares of the e-commerce giant’s stock worth $384,000 after acquiring an additional 130 shares during the period. Lakeview Capital Partners LLC increased its position in Amazon.com by 19.6% during the second quarter. Lakeview Capital Partners LLC now owns 1,074 shares of the e-commerce giant’s stock worth $1,040,000 after acquiring an additional 176 shares during the period. R. G. Niederhoffer Capital Management Inc. bought a new position in Amazon.com during the second quarter worth $871,000. IBM Retirement Fund increased its holdings in Amazon.com by 76.6% in the 2nd quarter. IBM Retirement Fund now owns 9,728 shares of the e-commerce giant’s stock valued at $10,523,000 after buying an additional 4,218 shares during the period. Finally, Perpetual Ltd bought a new stake in Amazon.com in the 2nd quarter valued at $25,356,000. 59.78% of the stock is currently owned by institutional investors and hedge funds.
Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,252.70 on Wednesday. The stock has a market cap of $603,640.00, a PE ratio of 316.34, a P/E/G ratio of 7.22 and a beta of 1.46. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. Amazon.com, Inc. has a 52-week low of $789.51 and a 52-week high of $1,259.33.
In other Amazon.com news, CEO Jeffrey P. Bezos sold 391,110 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the transaction, the chief executive officer now directly owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Tom A. Alberg sold 1,860 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $1,109.20, for a total transaction of $2,063,112.00. Following the transaction, the director now owns 18,460 shares in the company, valued at $20,475,832. The disclosure for this sale can be found here. In the last quarter, insiders have sold 402,338 shares of company stock worth $444,391,701. 17.00% of the stock is owned by corporate insiders.
Several brokerages have issued reports on AMZN. Robert W. Baird reissued a “buy” rating and issued a $1,310.00 price target on shares of Amazon.com in a report on Monday. BidaskClub raised shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Tuesday. Cantor Fitzgerald reissued a “buy” rating and issued a $1,150.00 price target on shares of Amazon.com in a report on Thursday, September 28th. Vetr lowered shares of Amazon.com from a “buy” rating to a “hold” rating and set a $1,277.08 price target on the stock. in a report on Monday. Finally, SunTrust Banks reissued a “buy” rating and issued a $1,190.00 price target on shares of Amazon.com in a report on Monday, October 2nd. Four equities research analysts have rated the stock with a hold rating and fifty-one have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $1,252.24.
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.
Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN).
What are top analysts saying about Amazon.com? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Amazon.com and related companies.