Amazon.com, Inc. (NASDAQ:AMZN) is AQR Capital Management LLC's 4th Largest Position

AQR Capital Management LLC grew its position in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,223,797 shares of the e-commerce giant's stock after buying an additional 27,859 shares during the period. Amazon.com accounts for about 1.5% of AQR Capital Management LLC's portfolio, making the stock its 4th largest position. AQR Capital Management LLC owned approximately 0.05% of Amazon.com worth $1,009,499,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AMZN. Abich Financial Wealth Management LLC boosted its stake in Amazon.com by 84.7% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 434 shares of the e-commerce giant's stock worth $84,000 after purchasing an additional 199 shares in the last quarter. Alden Global Capital LLC purchased a new position in shares of Amazon.com during the 2nd quarter valued at approximately $4,353,000. Alley Investment Management Company LLC increased its holdings in shares of Amazon.com by 0.4% during the 2nd quarter. Alley Investment Management Company LLC now owns 93,956 shares of the e-commerce giant's stock valued at $18,157,000 after purchasing an additional 359 shares in the last quarter. Wick Capital Partners LLC increased its holdings in shares of Amazon.com by 26.9% during the 2nd quarter. Wick Capital Partners LLC now owns 4,306 shares of the e-commerce giant's stock valued at $832,000 after purchasing an additional 914 shares in the last quarter. Finally, Unisphere Establishment raised its position in Amazon.com by 9.0% during the second quarter. Unisphere Establishment now owns 1,022,000 shares of the e-commerce giant's stock worth $197,502,000 after acquiring an additional 84,000 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Pivotal Research started coverage on shares of Amazon.com in a research report on Friday, October 11th. They set a "buy" rating and a $260.00 price objective for the company. Roth Mkm increased their price target on shares of Amazon.com from $210.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. Wedbush reaffirmed an "outperform" rating and issued a $225.00 target price on shares of Amazon.com in a report on Friday, August 2nd. UBS Group raised their target price on shares of Amazon.com from $217.00 to $224.00 and gave the stock a "buy" rating in a research report on Tuesday, July 30th. Finally, Bank of America lowered their price objective on shares of Amazon.com from $220.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday, August 2nd. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $236.78.

Amazon.com Stock Performance

Shares of AMZN stock traded up $1.45 on Friday, hitting $187.83. 29,311,876 shares of the stock traded hands, compared to its average volume of 40,993,910. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.10 and a quick ratio of 0.88. The company has a market capitalization of $1.95 trillion, a PE ratio of 52.85, a PEG ratio of 1.38 and a beta of 1.14. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $201.20. The company's fifty day moving average is $183.29 and its 200 day moving average is $183.56.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.18. Amazon.com had a return on equity of 21.39% and a net margin of 7.35%. The firm had revenue of $147.98 billion for the quarter, compared to analyst estimates of $148.63 billion. On average, equities research analysts predict that Amazon.com, Inc. will post 4.85 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other news, SVP David Zapolsky sold 2,190 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total value of $427,050.00. Following the completion of the transaction, the senior vice president now owns 62,420 shares of the company's stock, valued at approximately $12,171,900. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the sale, the chief executive officer now directly owns 2,056,534 shares of the company's stock, valued at $371,759,651.18. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP David Zapolsky sold 2,190 shares of the company's stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $195.00, for a total value of $427,050.00. Following the sale, the senior vice president now directly owns 62,420 shares of the company's stock, valued at approximately $12,171,900. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 54,355 shares of company stock valued at $9,877,423. 10.80% of the stock is currently owned by corporate insiders.

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.