<div id="readability-page-1"><p>Russell Investments Group Ltd. decreased its position in  Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm owned 9,202,710 shares of the e-commerce giant's stock after selling 370,786 shares during the quarter. Amazon.com comprises approximately  2.6% of Russell Investments Group Ltd.'s holdings, making the stock its 4th largest position. Russell Investments Group Ltd. owned approximately 0.09% of Amazon.com worth $2,021,413,000 at the end of the most recent quarter.</p><ul><li>Dividend Powerhouses: 3 Blue-Chip Stocks Built for the Long Haul</li></ul><p>Several other large investors have also bought and sold shares of the company. Wilson Asset Management International PTY Ltd. purchased a new position in shares of  Amazon.com during the second quarter valued at $11,102,000.  ARK Investment Management LLC lifted its stake in  Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant's stock worth $250,213,000 after acquiring an additional 86,978 shares in the last quarter.  Buckhead Capital Management LLC boosted its position in  Amazon.com by 16.1% during the 2nd quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant's stock worth $6,232,000 after acquiring an additional 3,948 shares during the period.  Flaharty Asset Management LLC grew its stake in  Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock valued at $968,000 after acquiring an additional 2,377 shares in the last quarter.  Finally, Border to Coast Pensions Partnership Ltd increased its holdings in shares of  Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant's stock valued at $249,295,000 after purchasing an additional 63,924 shares during the period. Institutional investors own  72.20% of the company's stock. </p><h2>Amazon.com Price Performance</h2><p>Shares of NASDAQ:AMZN opened at $231.78 on Thursday. The stock has a market capitalization of $2.48 trillion, a P/E ratio of 32.74, a P/E/G ratio of 1.57 and a beta of 1.37. The business has a 50-day moving average of $229.06 and a two-hundred day moving average of $224.52. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 0.80. </p><ul><li>Walmart’s NASDAQ Switch Could Change Everything for WMT Stock</li></ul><p>Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.62% and a net margin of 11.06%.The business had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same period last year, the business earned $1.43 EPS. The firm's revenue was up 13.4% compared to the same quarter last year.  On average, equities research analysts predict that  Amazon.com, Inc. will post 6.31 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><p>Several analysts recently commented on the stock. Citigroup  restated an &#34;overweight&#34; rating on shares of Amazon.com in a report on Wednesday, November 26th. Rothschild Redb lowered shares of Amazon.com from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 18th. Canaccord Genuity Group  set a $300.00 price target on shares of Amazon.com and gave the stock a &#34;buy&#34; rating in a research note on Friday, October 31st. Raymond James Financial lifted their price objective on Amazon.com from $230.00 to $275.00 and gave the company an &#34;outperform&#34; rating in a research report on Friday, October 31st. Finally, CIBC boosted their target price on Amazon.com to $315.00 in a research note on Monday, October 20th. One research analyst  has rated the stock with a Strong Buy rating, fifty-seven have assigned  a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Amazon.com presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $295.43.</p><ul><li>Netflix Wins the Streaming Wars: The $82B Warner Bros. Deal</li></ul><p><b>Read Our Latest Report on AMZN</b></p><h2>Insider Buying and Selling</h2><p>In other news, Director Jonathan Rubinstein sold 8,173 shares of the business's stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares in the company, valued at approximately $20,009,900.90. The trade was a 9.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 22,000 shares of the company's stock in a transaction on Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the sale, the chief executive officer directly owned 493,507 shares of the company's stock, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 82,234 shares of company stock valued at $19,076,767. 9.70% of the stock is owned by corporate insiders. </p><h2>Amazon.com Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Amazon.com</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>What does consumer price index measure? </li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>How to Invest in the Best Canadian Stocks </li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QU1aTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Amazon.com Right Now?</h2><p>Before you consider Amazon.com, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.</p><p>While Amazon.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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AMZU

<p>Russell Investments Group Ltd. reduced its stake in Amazon.com by 3.9% in Q2, selling 370,786 shares, now holding 9,202,710 shares worth $2.02 billion. Amazon remains its 4th largest position, comprising 2.6% of its portfolio. Other investors like ARK Investment and Buckhead Capital also adjusted their Amazon holdings. Amazon's stock opened at $231.78, with a market cap of $2.48 trillion. Analysts maintain a "Moderate Buy" rating with a target price of $295.43.</p>

- Russell Investments Group Ltd. reduced its stake in Amazon.com, Inc. by 3.9% in Q2, holding 9,202,710 shares after selling 370,786 shares.  
- Other investors, including Wilson Asset Management and ARK Investment Management, also adjusted their positions in Amazon during the same period.  
- Amazon reported Q3 earnings of $1.95 per share, exceeding estimates, with revenue of $180.17 billion, reflecting a 13.4% year-over-year increase.

Russell Investments Group Ltd. Sells 370,786 Shares of Amazon.com, Inc. $AMZN