Robeco Institutional Asset Management B.V. Grows Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

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Robeco Institutional Asset Management B.V. increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,755 shares of the e-commerce giant’s stock after purchasing an additional 571 shares during the period. Amazon.com makes up 1.1% of Robeco Institutional Asset Management B.V.’s portfolio, making the stock its 9th biggest position. Robeco Institutional Asset Management B.V.’s holdings in Amazon.com were worth $320,715,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Enterprise Trust & Investment Co acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $27,000. Phocas Financial Corp. acquired a new position in Amazon.com in the 2nd quarter valued at $45,000. Litman Gregory Asset Management LLC acquired a new position in Amazon.com in the 2nd quarter valued at $53,000. Cerebellum GP LLC grew its holdings in Amazon.com by 18.0% in the 3rd quarter. Cerebellum GP LLC now owns 59 shares of the e-commerce giant’s stock valued at $69,000 after buying an additional 9 shares in the last quarter. Finally, Clear Investment Research LLC grew its holdings in Amazon.com by 27.6% in the 2nd quarter. Clear Investment Research LLC now owns 37 shares of the e-commerce giant’s stock valued at $70,000 after buying an additional 8 shares in the last quarter. Institutional investors and hedge funds own 55.60% of the company’s stock.

NASDAQ AMZN traded down $2.32 during trading hours on Friday, hitting $1,785.88. 2,123,300 shares of the company’s stock were exchanged, compared to its average volume of 4,016,732. The stock has a 50-day simple moving average of $1,759.09 and a 200 day simple moving average of $1,840.01. The firm has a market cap of $893.28 billion, a price-to-earnings ratio of 88.67, a PEG ratio of 3.20 and a beta of 1.56. Amazon.com, Inc. has a 1-year low of $1,307.00 and a 1-year high of $2,035.80. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.40.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 24th. The e-commerce giant reported $4.23 EPS for the quarter, missing the Zacks’ consensus estimate of $4.46 by ($0.23). The business had revenue of $69.98 billion for the quarter, compared to the consensus estimate of $68.72 billion. Amazon.com had a return on equity of 22.52% and a net margin of 4.27%. The business’s revenue was up 23.7% compared to the same quarter last year. During the same quarter last year, the business posted $5.75 earnings per share. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 20.52 earnings per share for the current fiscal year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $1,847.51, for a total value of $5,173,028.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $18,475,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 1,765 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $1,783.00, for a total value of $3,146,995.00. Following the completion of the sale, the chief financial officer now directly owns 2,480 shares of the company’s stock, valued at $4,421,840. The disclosure for this sale can be found here. Insiders have sold 22,747 shares of company stock worth $40,737,808 over the last quarter. 16.10% of the stock is currently owned by corporate insiders.

AMZN has been the subject of a number of recent analyst reports. BMO Capital Markets cut their target price on Amazon.com from $2,280.00 to $2,000.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Oppenheimer cut their target price on Amazon.com from $2,100.00 to $2,040.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. UBS Group restated a “buy” rating on shares of Amazon.com in a research report on Wednesday. JMP Securities dropped their price objective on Amazon.com from $2,275.00 to $2,250.00 and set a “market outperform” rating for the company in a research report on Friday, October 25th. Finally, William Blair restated an “outperform” rating on shares of Amazon.com in a research report on Friday, July 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and forty-two have assigned a buy rating to the company’s stock. Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $2,189.97.

About Amazon.com

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) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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

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