Investmark Advisory Group LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 3,229.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,128 shares of the e-commerce giant's stock after acquiring an additional 4,974 shares during the quarter. Investmark Advisory Group LLC's holdings in Amazon.com were worth $544,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of AMZN. M. Kraus & Co lifted its position in Amazon.com by 1,892.0% in the 2nd quarter. M. Kraus & Co now owns 7,490 shares of the e-commerce giant's stock valued at $796,000 after acquiring an additional 7,114 shares in the last quarter. Barton Investment Management raised its holdings in shares of Amazon.com by 1,863.3% in the second quarter. Barton Investment Management now owns 741,700 shares of the e-commerce giant's stock valued at $78,776,000 after purchasing an additional 703,922 shares during the last quarter. CMH Wealth Management LLC boosted its holdings in Amazon.com by 2,544.7% during the second quarter. CMH Wealth Management LLC now owns 201,528 shares of the e-commerce giant's stock worth $21,404,000 after purchasing an additional 193,908 shares during the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. increased its stake in Amazon.com by 2,005.6% in the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 103,640 shares of the e-commerce giant's stock valued at $11,008,000 after buying an additional 98,718 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. increased its stake in Amazon.com by 2,494.1% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 65,033 shares of the e-commerce giant's stock valued at $6,907,000 after buying an additional 62,526 shares during the last quarter. 57.15% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 10,480 shares of the company's stock in a transaction that occurred on Tuesday, August 16th. The shares were sold at an average price of $145.01, for a total value of $1,519,704.80. Following the completion of the transaction, the senior vice president now directly owns 60,260 shares in the company, valued at approximately $8,738,302.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CEO Adam Selipsky sold 520 shares of the company's stock in a transaction on Wednesday, September 14th. The shares were sold at an average price of $127.43, for a total value of $66,263.60. Following the sale, the chief executive officer now directly owns 115,680 shares of the company's stock, valued at approximately $14,741,102.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP David Zapolsky sold 10,480 shares of the business's stock in a transaction on Tuesday, August 16th. The shares were sold at an average price of $145.01, for a total transaction of $1,519,704.80. Following the completion of the transaction, the senior vice president now owns 60,260 shares in the company, valued at approximately $8,738,302.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,628 shares of company stock worth $9,802,599. 12.70% of the stock is currently owned by insiders.

Amazon.com Trading Down 1.6 %

AMZN opened at $113.00 on Monday. The company's 50 day moving average is $129.81 and its 200-day moving average is $128.63. The company has a market cap of $1.15 trillion, a P/E ratio of 101.30, a PEG ratio of 5.15 and a beta of 1.33. Amazon.com, Inc. has a 1-year low of $101.26 and a 1-year high of $188.11. The company has a current ratio of 0.95, a quick ratio of 0.68 and a debt-to-equity ratio of 0.44.

Amazon.com (NASDAQ:AMZN – Get Rating) last posted its earnings results on Thursday, July 28th. The e-commerce giant reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). Amazon.com had a return on equity of 15.79% and a net margin of 2.39%. The company had revenue of $121.23 billion for the quarter, compared to the consensus estimate of $119.16 billion. During the same period in the previous year, the firm posted $0.76 EPS. The business's quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts predict that Amazon.com, Inc. will post 0.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AMZN shares. Tigress Financial restated a "buy" rating and issued a $232.00 price objective on shares of Amazon.com in a report on Wednesday, June 29th. Cowen boosted their price target on Amazon.com from $210.00 to $215.00 and gave the stock an "outperform" rating in a research report on Friday, July 29th. Cowen decreased their target price on shares of Amazon.com from $215.00 to $210.00 and set an "outperform" rating for the company in a research note on Thursday, July 14th. Itaú Unibanco initiated coverage on shares of Amazon.com in a research report on Tuesday, July 26th. They set an "outperform" rating and a $146.00 price target on the stock. Finally, Redburn Partners assumed coverage on shares of Amazon.com in a research report on Wednesday, June 29th. They issued a "buy" rating and a $270.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and thirty-six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $176.49.

About Amazon.com

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Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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