Iberiabank Corp Has $563,000 Stake in Amazon.com, Inc. (AMZN)

Iberiabank Corp increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 14.5% during the fourth quarter, Holdings Channel reports. The fund owned 751 shares of the e-commerce giant’s stock after buying an additional 95 shares during the period. Iberiabank Corp’s holdings in Amazon.com were worth $563,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the company. Thompson Siegel & Walmsley LLC boosted its stake in shares of Amazon.com by 620.5% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,219 shares of the e-commerce giant’s stock worth $1,664,000 after buying an additional 1,911 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Amazon.com by 9.9% in the fourth quarter. Sunbelt Securities Inc. now owns 620 shares of the e-commerce giant’s stock worth $465,000 after buying an additional 56 shares during the last quarter. Fiduciary Financial Services of The Southwest Inc. TX boosted its stake in shares of Amazon.com by 8.2% in the fourth quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 3,793 shares of the e-commerce giant’s stock worth $2,844,000 after buying an additional 289 shares during the last quarter. Axiom International Investors LLC DE boosted its stake in shares of Amazon.com by 13.6% in the fourth quarter. Axiom International Investors LLC DE now owns 100,545 shares of the e-commerce giant’s stock worth $75,396,000 after buying an additional 12,046 shares during the last quarter. Finally, Sii Investments Inc. WI boosted its stake in shares of Amazon.com by 15.6% in the fourth quarter. Sii Investments Inc. WI now owns 2,469 shares of the e-commerce giant’s stock worth $1,842,000 after buying an additional 334 shares during the last quarter. Institutional investors and hedge funds own 65.08% of the company’s stock.

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

Shares of Amazon.com, Inc. (NASDAQ:AMZN) opened at 856.97 on Tuesday. Amazon.com, Inc. has a one year low of $538.58 and a one year high of $860.86. The stock has a 50 day moving average price of $841.00 and a 200 day moving average price of $801.26. The stock has a market capitalization of $408.92 billion, a P/E ratio of 174.89 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 2nd. The e-commerce giant reported $1.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.19. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. The company earned $43.74 billion during the quarter, compared to analyst estimates of $44.66 billion. During the same period in the previous year, the business earned $1.00 EPS. Amazon.com’s quarterly revenue was up 22.4% on a year-over-year basis. Equities analysts forecast that Amazon.com, Inc. will post $7.18 earnings per share for the current year.

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A number of equities analysts have recently weighed in on the company. Morningstar, Inc. reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, December 1st. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $850.00 price objective on shares of Amazon.com in a research note on Tuesday, February 21st. Goldman Sachs Group Inc reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, January 5th. William Blair reaffirmed an “outperform” rating on shares of Amazon.com in a research note on Tuesday, December 13th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating on shares of Amazon.com in a research note on Wednesday, December 28th. Six investment analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $939.08.

In other Amazon.com news, Director Tom A. Alberg sold 590 shares of the business’s stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total transaction of $501,500.00. Following the completion of the sale, the director now directly owns 22,525 shares in the company, valued at approximately $19,146,250. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider David Zapolsky sold 503 shares of the business’s stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total value of $427,550.00. Following the sale, the insider now owns 2,523 shares of the company’s stock, valued at $2,144,550. The disclosure for this sale can be found here. 17.70% of the stock is currently owned by insiders.

About Amazon.com

Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).

5 Day Chart for NASDAQ:AMZN

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