Milestone Resources Group Ltd raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 31.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,183,916 shares of the e-commerce giant's stock after buying an additional 286,141 shares during the quarter. Amazon.com comprises approximately 7.7% of Milestone Resources Group Ltd's investment portfolio, making the stock its 5th biggest holding. Milestone Resources Group Ltd's holdings in Amazon.com were worth $220,599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AMZN. Semus Wealth Partners LLC lifted its holdings in Amazon.com by 0.3% during the 3rd quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant's stock valued at $3,339,000 after purchasing an additional 49 shares during the last quarter. Bell Investment Advisors Inc raised its position in shares of Amazon.com by 1.5% in the third quarter. Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant's stock valued at $626,000 after purchasing an additional 51 shares during the period. O Connor Financial Group LLC lifted its stake in shares of Amazon.com by 2.2% during the 3rd quarter. O Connor Financial Group LLC now owns 2,536 shares of the e-commerce giant's stock worth $473,000 after buying an additional 55 shares during the last quarter. Cherrydale Wealth Management LLC boosted its holdings in shares of Amazon.com by 0.7% during the 3rd quarter. Cherrydale Wealth Management LLC now owns 7,492 shares of the e-commerce giant's stock worth $1,396,000 after buying an additional 55 shares during the period. Finally, Cedar Point Capital Partners LLC grew its stake in Amazon.com by 4.4% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 1,324 shares of the e-commerce giant's stock valued at $247,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

In related news, CEO Douglas J. Herrington sold 5,502 shares of the business's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the transaction, the chief executive officer now owns 518,911 shares in the company, valued at $106,797,072.91. The trade was a 1.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew S. Garman sold 15,260 shares of the firm's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the completion of the sale, the chief executive officer now owns 349,261 shares of the company's stock, valued at $69,918,559.59. The trade was a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,032,344 shares of company stock valued at $1,253,456,822 in the last ninety days. 10.80% of the stock is owned by company insiders.

Shares of NASDAQ AMZN opened at $225.94 on Friday. The company's 50 day moving average price is $217.56 and its 200-day moving average price is $196.10. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $233.00. The company has a market capitalization of $2.38 trillion, a P/E ratio of 48.38, a price-to-earnings-growth ratio of 1.22 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same quarter in the previous year, the business earned $0.85 earnings per share. Amazon.com's revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts forecast that Amazon.com, Inc. will post 5.38 earnings per share for the current year.

A number of equities research analysts have recently issued reports on the company. HSBC boosted their price objective on Amazon.com from $225.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, January 13th. Bank of America boosted their price target on Amazon.com from $210.00 to $230.00 and gave the company a "buy" rating in a research note on Friday, November 1st. DA Davidson reiterated a "buy" rating and set a $235.00 price objective on shares of Amazon.com in a research report on Thursday, October 10th. UBS Group boosted their target price on shares of Amazon.com from $230.00 to $264.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Finally, Roth Mkm raised their price target on shares of Amazon.com from $220.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $245.65.

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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.

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