Fort Washington Investment Advisors Inc. OH Has $397.30 Million Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Fort Washington Investment Advisors Inc. OH lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,088,172 shares of the e-commerce giant's stock after selling 4,304 shares during the period. Amazon.com accounts for approximately 2.4% of Fort Washington Investment Advisors Inc. OH's holdings, making the stock its 6th biggest position. Fort Washington Investment Advisors Inc. OH's holdings in Amazon.com were worth $397,296,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Amazon.com by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. FMR LLC lifted its stake in Amazon.com by 0.5% in the fourth quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after purchasing an additional 1,725,664 shares during the last quarter. Geode Capital Management LLC lifted its stake in Amazon.com by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after purchasing an additional 5,015,380 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Amazon.com by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock worth $40,107,544,000 after purchasing an additional 4,087,933 shares during the last quarter. Finally, Norges Bank bought a new stake in Amazon.com in the fourth quarter worth about $27,266,582,000. Hedge funds and other institutional investors own 72.20% of the company's stock.

Insider Activity at Amazon.com

In related news, Director Keith Brian Alexander sold 1,000 shares of the business's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the completion of the transaction, the director now owns 5,465 shares of the company's stock, valued at $1,151,366.20. The trade was a 15.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $190.67, for a total value of $476,675.00. Following the completion of the transaction, the chief executive officer now directly owns 506,974 shares of the company's stock, valued at approximately $96,664,732.58. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,037 shares of company stock valued at $20,531,075. 9.70% of the stock is owned by corporate insiders.

Amazon.com Trading Up 2.8%

Shares of NASDAQ AMZN traded up $6.18 during mid-day trading on Friday, hitting $223.30. The company's stock had a trading volume of 119,087,933 shares, compared to its average volume of 42,021,779. The stock has a market cap of $2.37 trillion, a price-to-earnings ratio of 36.37, a price-to-earnings-growth ratio of 1.68 and a beta of 1.33. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.84. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company's fifty day simple moving average is $202.26 and its 200-day simple moving average is $208.86.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The business's quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the company posted $0.98 EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AMZN. JPMorgan Chase & Co. raised their price objective on shares of Amazon.com from $225.00 to $240.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. Telsey Advisory Group reissued an "outperform" rating and issued a $235.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. Jefferies Financial Group decreased their price objective on shares of Amazon.com from $250.00 to $240.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. The Goldman Sachs Group decreased their price objective on shares of Amazon.com from $255.00 to $220.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, JMP Securities reissued a "market outperform" rating on shares of Amazon.com in a research note on Tuesday, May 6th. Three equities research analysts have rated the stock with a hold rating, forty-five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $245.81.

About Amazon.com

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.