Amazon.com, Inc. $AMZN Holdings Boosted by Achmea Investment Management B.V.

Achmea Investment Management B.V. lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% during the second quarter, Holdings Channel reports. The firm owned 1,196,921 shares of the e-commerce giant’s stock after acquiring an additional 36,330 shares during the quarter. Amazon.com makes up about 3.4% of Achmea Investment Management B.V.’s portfolio, making the stock its 4th largest holding. Achmea Investment Management B.V.’s holdings in Amazon.com were worth $262,593,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Amazon.com by 10.9% in the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after purchasing an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG increased its stake in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares during the period. Highview Capital Management LLC DE increased its stake in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at about $2,153,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Trading Up 0.2%

NASDAQ:AMZN opened at $234.42 on Wednesday. The company has a market capitalization of $2.51 trillion, a PE ratio of 33.11, a price-to-earnings-growth ratio of 1.61 and a beta of 1.37. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 0.14. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The stock has a fifty day simple moving average of $227.92 and a 200-day simple moving average of $223.55.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. The firm had revenue of $180.17 billion for the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the prior year, the company earned $1.43 EPS. The firm’s revenue was up 13.4% on a year-over-year basis. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AMZN shares. Wolfe Research raised their price target on Amazon.com from $265.00 to $270.00 in a report on Tuesday, September 30th. The Goldman Sachs Group lifted their target price on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Monness Crespi & Hardt boosted their target price on Amazon.com from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Barclays reaffirmed an “overweight” rating and set a $300.00 price target (up from $275.00) on shares of Amazon.com in a report on Friday, October 31st. Finally, TD Cowen lifted their price objective on shares of Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $296.11.

Insiders Place Their Bets

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $232.71, for a total transaction of $1,113,284.64. Following the sale, the chief executive officer owned 498,182 shares in the company, valued at approximately $115,931,933.22. This represents a 0.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $226.61, for a total value of $280,316.57. Following the transaction, the director directly owned 26,148 shares of the company’s stock, valued at $5,925,398.28. The trade was a 4.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 79,734 shares of company stock valued at $18,493,717. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Profile

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