<div id="readability-page-1"><p>Gradient Investments LLC increased its stake in shares of  Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor  owned 571,895 shares of the e-commerce giant's stock after buying an additional 21,587 shares during the period. Amazon.com comprises  2.1% of Gradient Investments LLC's portfolio, making the stock its 4th largest holding. Gradient Investments LLC's holdings in Amazon.com were worth $125,571,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>Jabil Is Flying Under the Radar—But a 50% Surge May Be Coming</li></ul><p>A number of other hedge funds also recently added to or reduced their stakes in the stock. Carderock Capital Management Inc. purchased a new stake in  Amazon.com during the second quarter worth $27,000.  Maryland Capital Advisors Inc. increased its position in shares of  Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock valued at $46,000 after buying an additional 95 shares in the last quarter.  Ryan Investment Management Inc. acquired a new position in shares of  Amazon.com during the 2nd quarter worth $48,000.  Cooksen Wealth LLC boosted its position in shares of  Amazon.com by 23.5% in the 2nd quarter. Cooksen Wealth LLC now owns 247 shares of the e-commerce giant's stock worth $54,000 after buying an additional 47 shares in the last quarter.  Finally, MJT &amp; Associates Financial Advisory Group Inc. acquired a new stake in  Amazon.com in the 1st quarter valued at about $59,000. 72.20% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Transactions at Amazon.com</h2><p>In other news, Director Jonathan Rubinstein sold 8,173 shares of the business's stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the sale, the director owned 80,030 shares in the company, valued at approximately $20,009,900.90. The trade was a 9.27% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 22,000 shares of the firm's stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the transaction, the chief executive officer owned 493,507 shares in the company, valued at $123,391,555.21. The trade was a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 82,234 shares of company stock valued at $19,076,767 in the last ninety days. Company insiders own  9.70% of the company's stock. </p><h2>Amazon.com Price Performance</h2><ul><li>MRVL, AMZN and MSFT: Breaking Down the Wall Street Controversy</li></ul><p>Amazon.com stock opened at $226.76 on Friday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 1.01. The firm has a 50 day moving average price of $229.30 and a 200 day moving average price of $225.24. The company has a market cap of $2.42 trillion, a price-to-earnings ratio of 32.03, a PEG ratio of 1.52 and a beta of 1.37. </p><p>Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 11.06% and a return on equity of 23.62%. Amazon.com's revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the business earned $1.43 EPS.  Sell-side analysts predict that  Amazon.com, Inc. will post 6.31 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Why Amazon Could Be a $300 Stock Within Weeks</li></ul><p>A number of equities analysts have issued reports on AMZN shares. BMO Capital Markets lifted their target price on shares of Amazon.com from $300.00 to $304.00 and gave the stock an &#34;outperform&#34; rating in a research report on Tuesday. DZ Bank  reaffirmed a &#34;buy&#34; rating on shares of Amazon.com in a research note on Friday, October 31st. Bank of America raised their price target on Amazon.com from $272.00 to $303.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, December 3rd. JPMorgan Chase &amp; Co.  reissued a &#34;buy&#34; rating and issued a $305.00 price target on shares of Amazon.com in a report on Friday, December 12th. Finally, JMP Securities  set a $300.00 price objective on Amazon.com in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-six have assigned  a Buy rating and three have issued  a Hold rating to the company. According to MarketBeat, the stock  has an average rating of &#34;Moderate Buy&#34; and an average target price of $295.50.</p><p><b>View Our Latest Stock Report on Amazon.com</b></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>See Also</h2><ul><li>Five stocks we like better than Amazon.com</li><li>How to Most Effectively Use the MarketBeat Earnings Screener</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>Best Stocks Under $5.00</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>5 discounted opportunities for dividend growth investors</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</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>

AMZN

AMZU

<p>Gradient Investments LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.</p>

- Gradient Investments LLC increased its Amazon.com stake by 3.9%, owning 571,895 shares after buying 21,587 additional shares.  
- The firm now holds 2.1% of its portfolio in Amazon, valued at approximately $125.57 million, with 72.20% of the stock owned by institutional investors.  
- Amazon's latest earnings report showed $1.95 earnings per share, surpassing estimates, and market analysts generally maintain a positive outlook with a price target around $295.50.

Amazon.com, Inc. $AMZN Shares Purchased by Gradient Investments LLC