Amazon.com, Inc. (AMZN) Holdings Boosted by Bessemer Group Inc.

Bessemer Group Inc. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 486,864 shares of the e-commerce giant’s stock after acquiring an additional 4,221 shares during the period. Amazon.com accounts for about 1.9% of Bessemer Group Inc.’s holdings, making the stock its 6th largest position. Bessemer Group Inc. owned about 0.10% of Amazon.com worth $468,047,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of AMZN. Vanguard Group Inc. grew its holdings in Amazon.com by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock valued at $26,003,758,000 after buying an additional 764,115 shares during the last quarter. BlackRock Inc. grew its holdings in Amazon.com by 2.4% in the 2nd quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock valued at $23,160,193,000 after buying an additional 554,990 shares during the last quarter. Capital Research Global Investors grew its holdings in Amazon.com by 0.4% in the 2nd quarter. Capital Research Global Investors now owns 10,711,772 shares of the e-commerce giant’s stock valued at $10,368,995,000 after buying an additional 40,068 shares during the last quarter. TIAA CREF Investment Management LLC grew its holdings in Amazon.com by 1.7% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 2,828,302 shares of the e-commerce giant’s stock valued at $2,737,796,000 after buying an additional 46,800 shares during the last quarter. Finally, Harbour Capital Advisors LLC grew its holdings in Amazon.com by 100,947.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 2,302,872 shares of the e-commerce giant’s stock valued at $2,379,000 after buying an additional 2,300,593 shares during the last quarter. 59.49% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com, Inc. (NASDAQ:AMZN) traded down $10.90 during trading on Friday, hitting $1,339.60. The company had a trading volume of 14,140,000 shares, compared to its average volume of 5,790,000. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.04 and a quick ratio of 0.76. The company has a market cap of $645,520.00, a P/E ratio of 217.12, a PEG ratio of 5.89 and a beta of 1.63. Amazon.com, Inc. has a 1-year low of $822.85 and a 1-year high of $1,498.00.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.85 by $0.31. The business had revenue of $60.45 billion during the quarter, compared to the consensus estimate of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. Amazon.com’s revenue was up 38.2% on a year-over-year basis. During the same quarter last year, the company earned $1.54 EPS. sell-side analysts anticipate that Amazon.com, Inc. will post 8.49 EPS for the current year.

In other Amazon.com news, CEO Andrew R. Jassy sold 1,985 shares of Amazon.com stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,125.38, for a total value of $2,233,879.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Zapolsky sold 2,334 shares of Amazon.com stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $1,125.39, for a total value of $2,626,660.26. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,368 shares of company stock valued at $10,726,970. Corporate insiders own 17.70% of the company’s stock.

A number of analysts have issued reports on AMZN shares. DZ Bank reaffirmed a “buy” rating on shares of Amazon.com in a report on Wednesday, January 24th. Monness Crespi & Hardt raised Amazon.com from a “neutral” rating to a “buy” rating and set a $1,250.00 target price on the stock in a report on Friday, October 27th. Citigroup reaffirmed a “buy” rating and issued a $1,400.00 target price (up previously from $1,250.00) on shares of Amazon.com in a report on Friday, January 5th. Vetr raised Amazon.com from a “sell” rating to a “hold” rating and set a $1,414.91 target price on the stock in a report on Tuesday, January 30th. Finally, Jefferies Group raised their target price on Amazon.com from $1,450.00 to $1,750.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Five research analysts have rated the stock with a hold rating, forty-nine have given a buy rating and one has issued a strong buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $1,436.97.

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Amazon.com Company 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.

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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