Robeco Institutional Asset Management B.V. Has $2.17 Billion Position in Amazon.com, Inc. (NASDAQ:AMZN)

Robeco Institutional Asset Management B.V. boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,896,156 shares of the e-commerce giant’s stock after buying an additional 449,770 shares during the quarter. Amazon.com makes up about 4.1% of Robeco Institutional Asset Management B.V.’s holdings, making the stock its 4th largest position. Robeco Institutional Asset Management B.V. owned about 0.09% of Amazon.com worth $2,171,118,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Verus Wealth Management LLC bought a new stake in shares of Amazon.com in the fourth quarter valued at approximately $680,000. Sumitomo Life Insurance Co. grew its stake in Amazon.com by 7.4% in the 4th quarter. Sumitomo Life Insurance Co. now owns 182,699 shares of the e-commerce giant’s stock valued at $40,082,000 after buying an additional 12,540 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Amazon.com during the fourth quarter worth $342,000. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Amazon.com by 3.4% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 1,916 shares of the e-commerce giant’s stock worth $420,000 after acquiring an additional 63 shares during the period. Finally, Deane Retirement Strategies Inc. grew its position in shares of Amazon.com by 4,528.2% in the fourth quarter. Deane Retirement Strategies Inc. now owns 15,736 shares of the e-commerce giant’s stock valued at $3,452,000 after purchasing an additional 15,396 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $226.45 on Wednesday. The stock has a market capitalization of $2.38 trillion, a price-to-earnings ratio of 40.95, a PEG ratio of 1.36 and a beta of 1.15. The firm’s 50-day moving average price is $228.26 and its two-hundred day moving average price is $202.87. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 25.49% and a net margin of 9.29%. As a group, equities analysts predict that Amazon.com, Inc. will post 6.24 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have commented on AMZN. Roth Mkm raised their target price on Amazon.com from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. DA Davidson boosted their price objective on shares of Amazon.com from $235.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, February 7th. The Goldman Sachs Group upped their target price on shares of Amazon.com from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, February 7th. JMP Securities restated a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, February 7th. Finally, Tigress Financial increased their price objective on Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, December 20th. Two analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $260.74.

Insider Activity

In related news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. The trade was a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jonathan Rubinstein sold 4,351 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now owns 88,203 shares of the company’s stock, valued at $20,273,459.55. This trade represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 50,611 shares of company stock valued at $11,122,402. Company insiders own 10.80% 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.