2 weeks Ago By Defense World Staff
Generali Asset Management SPA SGR bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The fund bought 373,908 shares of the e-commerce giant’s stock, valued at approximately $82,032,000. Amazon.com accounts for about 2.
1% of Generali Asset Management SPA SGR’s portfolio, making the stock its 7th largest holding. Several other institutional investors also recently made changes to their positions in the stock. State Street Corp grew its stake in Amazon.
com by 3.3% during the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter.
Geode Capital Management LLC boosted its holdings in shares of Amazon.com by 3.4% during the third 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 during the period. Bank of New York Mellon Corp grew its position in shares of 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 acquiring an additional 545,292 shares during the last quarter. Charles Schwab Investment Management Inc.
increased its holdings in shares of Amazon.com by 4.1% in the 4th 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 acquiring an additional 2,330,113 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Amazon.
com by 3.6% in the 3rd 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 last quarter.
72.20% of the stock is owned by institutional investors. Amazon.
com Stock Down 1.0 %AMZN stock opened at $172.51 on Friday.
The company has a 50 day moving average of $198.44 and a two-hundred day moving average of $208.04.
The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.
18. Amazon.com, Inc.
has a 12-month low of $151.61 and a 12-month high of $242.52.
The company has a market cap of $1.83 trillion, a price-to-earnings ratio of 31.19, a PEG ratio of 1.
50 and a beta of 1.39. Amazon.
com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data 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 24.25% and a net margin of 9.29%.
On average, equities analysts anticipate that Amazon.com, Inc. will post 6.
31 earnings per share for the current fiscal year. Wall Street Analyst Weigh InSeveral research firms have commented on AMZN. Raymond James raised their price target on shares of Amazon.
com from $260.00 to $275.00 in a research note on Monday, February 10th.
Bank of America cut their target price on Amazon.com from $257.00 to $225.
00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Maxim Group increased their price target on Amazon.com from $260.
00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Rosenblatt Securities raised their price target on Amazon.
com from $236.00 to $287.00 and gave the company a “buy” rating in a report on Friday, February 7th.
Finally, Wells Fargo & Company reduced their price objective on shares of Amazon.com from $207.00 to $203.
00 and set an “equal weight” rating for the company in a report on Tuesday, February 25th. Two research analysts have rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.
com, the stock has an average rating of “Moderate Buy” and a consensus price target of $252.73.View Our Latest Research Report on Amazon.
comInsider Activity at Amazon.comIn related news, CEO Douglas J. Herrington sold 27,500 shares of the company’s 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 completion of the sale, the chief executive officer now directly owns 497,067 shares in the company, valued at approximately $114,459,618.09. This represents a 5.
24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Andrew R.
Jassy sold 20,784 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.
60. Following the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90.
This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
In the last quarter, insiders sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by corporate insiders.
Amazon.com Profile (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.Recommended StoriesFive stocks we like better than Amazon.
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