2 weeks Ago By ABMN Staff
Isthmus Partners LLC bought a new stake in Amazon.com, Inc. ( NASDAQ:AMZN ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The institutional investor bought 2,430 shares of the e-commerce giant’s stock, valued at approximately $533,000. Other hedge funds also recently bought and sold shares of the company. State Street Corp raised its holdings in shares of Amazon.
com by 3.3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the period.
Geode Capital Management LLC grew its position in Amazon.com by 3.4% in the 3rd quarter.
Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after acquiring an additional 6,545,944 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Amazon.com by 0.
8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock worth $14,719,407,000 after purchasing an additional 545,292 shares during the period. Charles Schwab Investment Management Inc.
lifted its position in shares of Amazon.com by 4.1% during the fourth quarter.
Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant’s stock worth $13,084,026,000 after purchasing an additional 2,330,113 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Amazon.
com by 3.6% in the third 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 period.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Insider Activity In other news, SVP David Zapolsky sold 5,848 shares of the stock in a transaction that occurred on Friday, February 21st.
The stock was sold at an average price of $220.72, for a total transaction of $1,290,770.56.
Following the completion of the transaction, the senior vice president now directly owns 69,162 shares of the company’s stock, valued at approximately $15,265,436.64. This represents a 7.
80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink . Also, CEO Douglas J.
Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.
09. This trade represents a 5.24 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 over the last quarter. Corporate insiders own 10.
80% of the company’s stock. Amazon.com Trading Down 5.
2 % Amazon.com ( NASDAQ:AMZN – Get Free Report ) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34.
Amazon.com had a net margin of 9.29% and a return on equity of 24.
25%. Equities analysts forecast that Amazon.com, Inc.
will post 6.31 EPS for the current year. Analyst Ratings Changes AMZN has been the topic of several recent research reports.
Sanford C. Bernstein upped their target price on shares of Amazon.com from $235.
00 to $265.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. Telsey Advisory Group reiterated an “outperform” rating and issued a $275.
00 price objective on shares of Amazon.com in a research note on Friday, February 7th. Piper Sandler reiterated an “overweight” rating and issued a $265.
00 target price (up from $225.00) on shares of Amazon.com in a report on Friday, February 7th.
HSBC upped their price target on Amazon.com from $225.00 to $270.
00 and gave the stock a “buy” rating in a report on Monday, January 13th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 price objective on shares of Amazon.
com in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Amazon.
com presently has an average rating of “Moderate Buy” and an average price target of $258.19. Get Our Latest Research Report on AMZN About Amazon.
com ( 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. Featured Stories Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.
com, Inc. ( NASDAQ:AMZN – Free Report ). Receive News & Ratings for Amazon.
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