2 weeks Ago By Defense World Staff
Prospect Hill Management LLC cut its holdings in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 0.
2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,718 shares of the e-commerce giant’s stock after selling 100 shares during the period. Amazon.
com makes up 5.0% of Prospect Hill Management LLC’s portfolio, making the stock its 4th largest position. Prospect Hill Management LLC’s holdings in Amazon.
com were worth $11,346,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also bought and sold shares of the stock. Accordant Advisory Group Inc boosted its holdings in shares of Amazon.
com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after purchasing an additional 100 shares during the period.
Icon Wealth Advisors LLC increased its stake in shares of Amazon.com by 20.5% in the 3rd quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after acquiring an additional 25,581 shares in the last quarter. Quattro Financial Advisors LLC boosted its position in shares of Amazon.com by 23.
8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares in the last quarter. Compass Planning Associates Inc purchased a new stake in shares of Amazon.
com in the fourth quarter worth $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in Amazon.com during the 4th quarter valued at about $54,000.
72.20% of the stock is currently owned by institutional investors. Analysts Set New Price Targets A number of research analysts have recently issued reports on the company.
Wedbush reaffirmed an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a report on Friday, February 7th.
Scotiabank boosted their price target on Amazon.com from $246.00 to $306.
00 and gave the company a “sector outperform” rating in a report on Friday, January 24th. The Goldman Sachs Group increased their price target on Amazon.com from $240.
00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. HSBC upped their price objective on Amazon.
com from $225.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, January 13th.
Finally, Truist Financial reduced their price objective on shares of Amazon.com from $265.00 to $230.
00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Two research analysts have rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.
com, the stock has an average rating of “Moderate Buy” and a consensus target price of $252.73. Insider Buying and Selling In related news, CEO Douglas J.
Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.
99, for a total transaction of $469,975.00. Following the completion of the sale, the chief executive officer now owns 509,474 shares of the company’s stock, valued at $95,776,017.
26. The trade was a 0.49 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, CFO Brian T. Olsavsky sold 14,620 shares of the firm’s stock in a transaction on Friday, February 21st.
The stock was sold at an average price of $223.14, for a total transaction of $3,262,306.80.
Following the transaction, the chief financial officer now directly owns 49,000 shares of the company’s stock, valued at approximately $10,933,860. This trade represents a 22.98 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 104,798 shares of company stock worth $23,341,803 in the last three months. Corporate insiders own 10.
80% of the company’s stock. Amazon.com Stock Performance AMZN stock opened at $172.
51 on Friday. Amazon.com, Inc.
has a 1-year low of $151.61 and a 1-year high of $242.52.
The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.
87. The company has a market capitalization of $1.83 trillion, a P/E ratio of 31.
19, a PEG ratio of 1.50 and a beta of 1.39.
The business has a 50-day moving average price of $198.44 and a 200 day moving average price of $208.04.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results 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%. As a group, equities research analysts forecast that Amazon.com, Inc.
will post 6.31 EPS for the current fiscal year. Amazon.
com Company 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. Read More Five stocks we like better than Amazon.com What is the FTSE 100 index? J.
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