2 weeks Ago By ABMN Staff
Napean Trading & Investment Co Singapore PTE Ltd lifted its stake in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 4.
6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,310 shares of the e-commerce giant’s stock after purchasing an additional 5,136 shares during the quarter. Amazon.
com comprises 6.3% of Napean Trading & Investment Co Singapore PTE Ltd’s investment portfolio, making the stock its 2nd biggest holding. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in Amazon.
com were worth $25,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other large investors also recently made changes to their positions in the company. Accordant Advisory Group Inc grew 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 valued at $27,000 after buying an additional 100 shares during the last quarter.
Compass Planning Associates Inc acquired a new position in Amazon.com during the 4th quarter valued at about $51,000. Quattro Financial Advisors LLC increased its holdings 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 worth $51,000 after purchasing an additional 45 shares in the last quarter.
Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Amazon.com in the fourth quarter worth approximately $54,000. Finally, Iron Horse Wealth Management LLC raised its stake in shares of Amazon.
com by 64.4% in the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock worth $63,000 after purchasing an additional 112 shares during the last quarter.
72.20% of the stock is currently owned by institutional investors and hedge funds. Amazon.
com Stock Up 3.3 % Shares of NASDAQ:AMZN opened at $186.54 on Friday.
The firm has a fifty day moving average of $194.27 and a 200 day moving average of $207.70.
Amazon.com, Inc. has a 52-week low of $151.
61 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.
18, a quick ratio of 0.87 and a current ratio of 1.06.
The firm has a market capitalization of $1.98 trillion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 1.
50 and a beta of 1.39. Insider Buying and Selling at Amazon.
com In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s 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 transaction, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.
26. The trade was a 0.49 % decrease in their position.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction on Friday, February 21st.
The stock was sold at an average price of $220.65, for a total value of $4,585,989.60.
Following the completion of the sale, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. The trade was a 0.
97 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 104,798 shares of company stock worth $23,341,803.
10.80% of the stock is currently owned by insiders. Analysts Set New Price Targets Several brokerages recently issued reports on AMZN.
Morgan Stanley decreased their price target on Amazon.com from $280.00 to $245.
00 and set an “overweight” rating for the company in a report on Monday, April 14th. Cantor Fitzgerald reduced 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, April 16th. Telsey Advisory Group dropped their price target on shares of Amazon.
com from $275.00 to $235.00 and set an “outperform” rating on the stock in a research report on Wednesday.
The Goldman Sachs Group reduced their price objective on shares of Amazon.com from $255.00 to $220.
00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Needham & Company LLC reissued a “buy” rating and set a $250.00 target price on shares of Amazon.
com in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the stock. According to data from MarketBeat.
com, Amazon.com has an average rating of “Moderate Buy” and an average target price of $247.56.
Get Our Latest Research Report on Amazon.com 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.
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