1 week Ago By Defense World Staff
EFG Asset Management North America Corp. lifted its position in shares of Amazon.com, Inc.
(NASDAQ:AMZN – Free Report) by 17.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 93,662 shares of the e-commerce giant’s stock after acquiring an additional 13,677 shares during the period.
Amazon.com accounts for 2.8% of EFG Asset Management North America Corp.
’s portfolio, making the stock its 3rd biggest holding. EFG Asset Management North America Corp.’s holdings in Amazon.
com were worth $20,546,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Accordant Advisory Group Inc raised 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 acquiring an additional 100 shares in the last quarter.
Icon Wealth Advisors LLC lifted its holdings in 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 purchasing an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC raised its position in shares of Amazon.com by 23.
8% in the fourth 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 acquired a new position in Amazon.
com in the 4th quarter valued at $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in Amazon.com during the fourth quarter valued at about $54,000.
72.20% of the stock is owned by institutional investors and hedge funds. Insiders Place Their BetsIn related news, CEO Douglas J.
Herrington sold 2,500 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.
00. Following the transaction, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26.
The trade was a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Also, SVP David Zapolsky sold 5,848 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.72, for a total transaction of $1,290,770.
56. Following the completion of the sale, the senior vice president now 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 disclosure for this sale can be found here.
Insiders have sold 104,798 shares of company stock valued at $23,341,803 in the last 90 days. 10.80% of the stock is currently owned by insiders.
Amazon.com Stock Up 1.3 %Amazon.
com stock opened at $188.99 on Friday. The company has a current ratio of 1.
06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.
Amazon.com, Inc. has a 1-year low of $151.
61 and a 1-year high of $242.52. The company has a fifty day simple moving average of $193.
52 and a 200 day simple moving average of $207.75. The company has a market cap of $2.
00 trillion, a P/E ratio of 34.18, a price-to-earnings-growth ratio of 1.50 and a beta of 1.
39. Amazon.com (NASDAQ:AMZN – Get Free Report) last announced 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 return on equity of 24.
25% and a net margin of 9.29%. Research analysts anticipate that Amazon.
com, Inc. will post 6.31 earnings per share for the current fiscal year.
Analysts Set New Price TargetsA number of analysts have weighed in on the stock. DA Davidson reduced their price target on shares of Amazon.com from $280.
00 to $230.00 and set a “buy” rating for the company in a report on Monday, April 14th. Telsey Advisory Group dropped their target price on Amazon.
com from $275.00 to $235.00 and set an “outperform” rating for the company in a report on Wednesday.
JMP Securities cut their price target 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. Wells Fargo & Company decreased their price target on Amazon.com from $207.
00 to $203.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 25th. Finally, Morgan Stanley lowered their target price on Amazon.
com from $280.00 to $245.00 and set an “overweight” rating for the company in a research note on Monday, April 14th.
Two analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $247.
56.Get Our Latest Stock Analysis on Amazon.comAbout 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.Read MoreFive stocks we like better than Amazon.comProcter & Gamble (NYSE:PG) Pulls Back After Shaky GuidanceShort Sellers Gave Up on These 3 Names Recently10 Best Airline Stocks to Buy3 Boring Stocks Outperforming the Market This YearWhat is a Dividend Harvesting Strategy and How Can Investors Profit from it?If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy.
