Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by First Pacific Advisors LP

First Pacific Advisors LP grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,657,154 shares of the e-commerce giant’s stock after buying an additional 17,465 shares during the period. Amazon.com makes up about 4.3% of First Pacific Advisors LP’s holdings, making the stock its 9th largest holding. First Pacific Advisors LP’s holdings in Amazon.com were worth $320,245,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Amazon.com by 1.9% in the first quarter. Vanguard Group Inc. now owns 785,811,114 shares of the e-commerce giant’s stock worth $141,744,609,000 after acquiring an additional 14,724,687 shares in the last quarter. Norges Bank bought a new stake in shares of Amazon.com in the fourth quarter valued at $17,700,551,000. Capital Research Global Investors boosted its holdings in Amazon.com by 8.5% in the first quarter. Capital Research Global Investors now owns 86,982,857 shares of the e-commerce giant’s stock valued at $15,689,968,000 after purchasing an additional 6,810,145 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Amazon.com by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 67,745,972 shares of the e-commerce giant’s stock, valued at $13,091,909,000 dollars after acquiring an additional 289,532 shares in the last quarter. Finally, Jennison Associates LLC raised its holdings in Amazon.com by 0.5% in the first quarter. Jennison Associates LLC now owns 56,666,183 shares of the e-commerce giant’s stock worth $10,221,446,000 after acquiring an additional 295,132 shares during the last quarter. 72.20% of the shares are currently owned by institutional investors and hedge funds.

Insider buying and selling on Amazon.com

In other news, SVP David Zapolsky sold 2,190 shares of the business’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total transaction of $427,050.00. Following the transaction, the senior vice president now owns 62,420 shares in the company, valued at approximately $12,171,900. This trade represents a 0.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this link. In other news, VP Shelley Reynolds sold 3,791 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total transaction of $686,322.64. Following the transaction, the vice president now owns 121,461 shares of the company’s stock, valued at approximately $21,989,299.44. This represents a 0.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible via this link. Also, SVP David Zapolsky sold 2,190 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total value of $427,050.00. Following the completion of the transaction, the senior vice president now directly owns 62,420 shares in the company, valued at $12,171,900. The transaction represented a decrease of 0.00 % in the stock holding. The disclosure for this sale can be found here. Insiders have sold 1,549,744 shares of company stock worth $309,400,324 over the last ninety days. 10.80% of shares are currently owned by insiders.

Changes in Analyst Ratings

AMZN has been the subject of several research analyst reports. Sanford C. Bernstein upped their target price on shares of Amazon.com from $210.00 to $215.00 and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Jefferies Financial Group cut their price target on Amazon.com from $235.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Needham & Company LLC reissued a “buy” rating and set a $210.00 target price on shares of Amazon.com in a research report on Thursday, September 12th. Rosenblatt Securities raised their price objective on shares of Amazon.com from $220.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, Itau BBA Securities lowered shares of Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 target price on the stock. in a report on Friday, August 2. One analyst has rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $223.65, according to MarketBeat.

Read our latest research report on AMZN

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $186.51 on Friday. The firm has a market cap of $1.94 trillion, a price-to-earnings ratio of 52.24, a P/E/G ratio of 1.46 and a beta of 1.14. Amazon.com, Inc. has a 1 year low of $118.35 and a 1 year high of $201.20. The company has a current ratio of 1.10, a quick ratio of 0.88, and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $179.17 and a 200 day simple moving average of $182.90.

Amazon.com (NASDAQ:AMZN – Get Your Free Report ) last announced its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.18. The business had revenue of $147.98 billion during the quarter, compared to analyst estimates of $148.63 billion. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. As a group, sell-side analysts predict that Amazon.com, Inc. will post 4.86 earnings per share for the current fiscal year.

Amazon.com profile

(Free report)

Amazon.com, Inc engages in the retail sale of consumer products, advertising and subscription services through online and brick-and-mortar stores in North America and internationally. The company operates through three segments: North America, International and Amazon Web Services (AWS). It also makes and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink and eero; and develops and produces media content.

Featured stories

Want to see what other hedge funds own AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Get Amazon.com news and reviews daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Amazon.com and related companies with MarketBeat.com’s FREE daily email newsletter.