2 weeks Ago By Defense World Staff
Advisors Asset Management Inc. raised its position in Amazon.com, Inc.
( NASDAQ:AMZN – Free Report ) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 832,986 shares of the e-commerce giant’s stock after acquiring an additional 7,946 shares during the period.
Amazon.com comprises approximately 3.4% of Advisors Asset Management Inc.
’s holdings, making the stock its largest holding. Advisors Asset Management Inc.’s holdings in Amazon.
com were worth $182,749,000 at the end of the most recent reporting period. A number of other hedge funds also recently modified their holdings of the company. Cable Hill Partners LLC boosted its holdings in Amazon.
com by 0.5% in the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after acquiring an additional 44 shares during the last quarter.
Quattro Financial Advisors LLC grew its position in shares of Amazon.com by 23.8% during the 4th quarter.
Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 45 shares during the period. Northern Capital Management Inc. raised its stake in shares of Amazon.
com by 0.6% during the fourth quarter. Northern Capital Management Inc.
now owns 7,353 shares of the e-commerce giant’s stock worth $1,613,000 after buying an additional 45 shares during the last quarter. White Wing Wealth Management lifted its holdings in Amazon.com by 2.
4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after buying an additional 47 shares during the period. Finally, MBM Wealth Consultants LLC boosted its stake in Amazon.
com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock valued at $1,889,000 after acquiring an additional 48 shares during the last quarter.
Institutional investors own 72.20% of the company’s stock. Wall Street Analysts Forecast Growth Several analysts have commented on the stock.
Maxim Group upped their target price on shares of Amazon.com from $260.00 to $280.
00 and gave the company a “buy” rating in a research report on Friday, February 7th. Bank of America decreased their price objective on Amazon.com from $257.
00 to $225.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Wedbush reissued an “outperform” rating and issued a $280.
00 target price on shares of Amazon.com in a research note on Friday, February 7th. Truist Financial decreased their target price on Amazon.
com from $265.00 to $230.00 and set a “buy” rating for the company in a research report on Thursday, April 10th.
Finally, Stifel Nicolaus lifted their price objective on shares of Amazon.com from $245.00 to $275.
00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $252.
73. Insider Buying and Selling at Amazon.com In related news, VP Shelley Reynolds sold 8,833 shares of Amazon.
com stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.
51. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $26,647,456.60.
The trade was a 6.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website .
Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.
27, for a total transaction of $6,332,425.00. Following the completion of the transaction, 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 disclosure for this sale can be found here . Insiders have sold a total of 104,798 shares of company stock worth $23,341,803 over the last ninety days. Insiders own 10.
80% of the company’s stock. Amazon.com Price Performance Shares of NASDAQ AMZN opened at $172.
51 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.
06 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average price is $198.
44 and its two-hundred day moving average price is $208.04. The company has a market cap of $1.
83 trillion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 1.50 and a beta of 1.
39. Amazon.com, Inc.
has a twelve month low of $151.61 and a twelve month high of $242.52.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share for the quarter, topping 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, analysts predict that Amazon.com, Inc.
will post 6.31 EPS for the current year. 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. See Also Five stocks we like better than Amazon.com Canada Bond Market Holiday: How to Invest and Trade J.
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