Oriental Harbor Investment Fund acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 327,145 shares of the e-commerce giant's stock, valued at approximately $60,957,000. Amazon.com comprises about 6.8% of Oriental Harbor Investment Fund's holdings, making the stock its 8th biggest holding.

Other large investors have also modified their holdings of the company. State Street Corp increased its position in Amazon.com by 3.3% during the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant's stock worth $66,926,008,000 after buying an additional 11,370,309 shares during the period. Geode Capital Management LLC grew its position in shares of Amazon.com by 3.4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant's stock worth $37,116,341,000 after acquiring an additional 6,545,944 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Amazon.com by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 69,686,374 shares of the e-commerce giant's stock valued at $13,466,933,000 after acquiring an additional 1,042,177 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Amazon.com by 3.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant's stock valued at $10,776,201,000 after purchasing an additional 1,984,592 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Amazon.com by 3.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,308,094 shares of the e-commerce giant's stock worth $10,678,217,000 after purchasing an additional 1,980,663 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Shares of AMZN stock opened at $225.94 on Friday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $233.00. The firm's 50-day simple moving average is $217.56 and its 200-day simple moving average is $196.10. The firm has a market cap of $2.38 trillion, a P/E ratio of 48.38, a PEG ratio of 1.22 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87.

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

AMZN has been the topic of a number of recent research reports. Maxim Group lifted their price objective on shares of Amazon.com from $251.00 to $260.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Wedbush boosted their price target on Amazon.com from $250.00 to $260.00 and gave the company an "outperform" rating in a research report on Monday, January 6th. Wolfe Research increased their price objective on Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a research report on Friday, January 3rd. Royal Bank of Canada boosted their target price on Amazon.com from $215.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Finally, Telsey Advisory Group upped their price target on Amazon.com from $215.00 to $235.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Amazon.com currently has a consensus rating of "Moderate Buy" and a consensus target price of $245.65.

Get Our Latest Analysis on AMZN

In related news, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $208.85, for a total value of $625,790,203.70. Following the transaction, the insider now owns 917,416,976 shares in the company, valued at approximately $191,602,535,437.60. This trade represents a 0.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Daniel P. Huttenlocher sold 1,237 shares of Amazon.com stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the transaction, the director now directly owns 24,912 shares in the company, valued at approximately $4,958,982.72. This trade represents a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,032,344 shares of company stock worth $1,253,456,822. 10.80% of the stock is owned by insiders.

(Free Report)

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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