2 weeks Ago By Defense World Staff
Compass Ion Advisors LLC raised its position in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 1.
1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,980 shares of the e-commerce giant’s stock after purchasing an additional 291 shares during the period. Amazon.
com comprises about 0.7% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 24th largest position. Compass Ion Advisors LLC’s holdings in Amazon.
com were worth $5,700,000 at the end of the most recent reporting period. A number of other large investors also recently made changes to their positions in the business. Accordant Advisory Group Inc boosted its position in shares of Amazon.
com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after buying an additional 100 shares during the period.
Icon Wealth Advisors LLC grew its holdings in shares of Amazon.com by 20.5% during the third quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after purchasing an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC boosted its stake in Amazon.com by 23.
8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 45 shares during the period. Compass Planning Associates Inc bought a new position in shares of Amazon.
com in the fourth quarter worth $51,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of Amazon.com during the fourth quarter valued at approximately $54,000.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Wall Street Analysts Forecast Growth A number of analysts recently weighed in on the stock.
JMP Securities reduced their target price on shares of Amazon.com from $285.00 to $240.
00 and set a “market outperform” rating for the company in a report on Monday, April 14th. Stifel Nicolaus lifted their price target on shares of Amazon.com from $245.
00 to $275.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Cantor Fitzgerald cut their target price on shares of Amazon.
com from $270.00 to $230.00 and set an “overweight” rating for the company in a research note on Wednesday.
Mizuho reduced their price objective on shares of Amazon.com from $285.00 to $255.
00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Finally, Wedbush reiterated an “outperform” rating and set a $280.00 target price on shares of Amazon.
com in a research report on Friday, February 7th. Two equities 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, Amazon.
com presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.73. Insider Transactions at Amazon.
com In other news, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction on Friday, February 21st. The stock was 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. This trade represents a 6.87 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated Tuesday, April 1st.
The shares were sold at an average price of $187.99, for a total transaction of $469,975.00.
Following the completion of the transaction, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. This trade represents a 0.
49 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 104,798 shares of company stock worth $23,341,803 over the last quarter.
Company insiders own 10.80% of the company’s stock. Amazon.
com Stock Performance Shares of NASDAQ AMZN opened at $172.51 on Friday. Amazon.
com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.
52. The stock has a 50 day moving average of $198.44 and a 200-day moving average of $208.
04. The company has a current ratio of 1.06, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $1.
83 trillion, a P/E ratio of 31.19, a P/E/G ratio of 1.50 and a beta of 1.
39. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last issued its quarterly earnings data on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate 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 predict that Amazon.
com, Inc. will post 6.31 EPS for the current 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. Recommended Stories Five stocks we like better than Amazon.
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