Norinchukin Bank The Has $103.78 Million Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Norinchukin Bank The raised its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 8.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 473,052 shares of the e-commerce giant's stock after purchasing an additional 37,945 shares during the period. Amazon.com makes up about 2.2% of Norinchukin Bank The's investment portfolio, making the stock its 9th biggest holding. Norinchukin Bank The's holdings in Amazon.com were worth $103,783,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC grew its position in Amazon.com by 0.3% in the third quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant's stock valued at $66,434,000 after purchasing an additional 897 shares in the last quarter. Principal Financial Group Inc. grew its position in Amazon.com by 5.1% in the third quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant's stock valued at $3,757,589,000 after purchasing an additional 984,570 shares in the last quarter. Arete Wealth Advisors LLC bought a new position in Amazon.com in the third quarter valued at $14,648,000. Legacy Investment Solutions LLC bought a new position in shares of Amazon.com in the 3rd quarter valued at about $908,000. Finally, Groupama Asset Managment grew its position in shares of Amazon.com by 10.8% in the 3rd quarter. Groupama Asset Managment now owns 764,441 shares of the e-commerce giant's stock valued at $142,000 after acquiring an additional 74,806 shares during the period. Institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

AMZN has been the subject of a number of analyst reports. Benchmark reissued a "buy" rating and issued a $260.00 price objective on shares of Amazon.com in a research report on Friday, May 2nd. BNP Paribas upgraded shares of Amazon.com to a "hold" rating in a research note on Wednesday, April 30th. Rosenblatt Securities raised their target price on shares of Amazon.com from $287.00 to $288.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. DA Davidson dropped their price objective on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Maxim Group boosted their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a report on Friday, February 7th. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $244.09.

Amazon.com Stock Up 0.2%

NASDAQ AMZN traded up $0.42 on Friday, hitting $205.59. 43,001,394 shares of the company were exchanged, compared to its average volume of 41,989,030. The company has a market cap of $2.18 trillion, a PE ratio of 37.18, a PEG ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The stock has a fifty day moving average of $189.33 and a 200-day moving average of $208.77. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The business had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same period in the prior year, the firm earned $0.98 earnings per share. Amazon.com's revenue was up 8.6% on a year-over-year basis. As a group, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insiders Place Their Bets

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. The trade was a 6.87% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 80,798 shares of company stock worth $17,696,733. Insiders own 9.70% of the company's stock.

Amazon.com Company 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.