1 week Ago By Defense World Staff
Mark Sheptoff Financial Planning LLC boosted its holdings in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 15.
8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,376 shares of the e-commerce giant’s stock after buying an additional 869 shares during the period. Amazon.
com accounts for approximately 0.8% of Mark Sheptoff Financial Planning LLC’s holdings, making the stock its 26th largest holding. Mark Sheptoff Financial Planning LLC’s holdings in Amazon.
com were worth $1,399,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc.
increased its position in Amazon.com by 2.2% during the fourth quarter.
Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock worth $180,637,081,000 after purchasing an additional 17,635,391 shares during the last quarter. State Street Corp increased its holdings in shares of Amazon.
com by 3.3% during the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter.
Geode Capital Management LLC raised its position in shares of Amazon.com by 3.4% in the 3rd quarter.
Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after buying an additional 6,545,944 shares during the period. Bank of New York Mellon Corp boosted its holdings in Amazon.com by 0.
8% in the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock valued at $14,719,407,000 after acquiring an additional 545,292 shares during the last quarter. Finally, Charles Schwab Investment Management Inc.
grew its position in Amazon.com by 4.1% during the fourth quarter.
Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant’s stock valued at $13,084,026,000 after acquiring an additional 2,330,113 shares during the period. Hedge funds and other institutional investors own 72.
20% of the company’s stock. Analyst Upgrades and Downgrades A number of equities analysts have recently commented on the company. Mizuho cut their price objective on Amazon.
com from $285.00 to $255.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th.
Loop Capital raised their price target on shares of Amazon.com from $275.00 to $285.
00 and gave the company a “buy” rating in a report on Wednesday, February 12th. JMP Securities reduced their price target on shares of Amazon.com from $285.
00 to $240.00 and set a “market outperform” rating on the stock in a research report on Monday, April 14th. Citigroup dropped their price objective on shares of Amazon.
com from $273.00 to $225.00 and set a “buy” rating for the company in a research report on Monday, April 14th.
Finally, JPMorgan Chase & Co. reduced their target price on shares of Amazon.com from $270.
00 to $220.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Two analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company.
Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $247.56.
Amazon.com Trading Up 1.3 % NASDAQ:AMZN opened at $188.
99 on Friday. Amazon.com, Inc.
has a 12-month low of $151.61 and a 12-month 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 business has a 50 day simple moving average of $193.52 and a 200 day simple moving average of $207.
90. The firm has a market capitalization of $2.00 trillion, a P/E ratio of 34.
18, a P/E/G ratio of 1.50 and a beta of 1.39.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 EPS for the quarter, topping 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%. Equities research analysts predict that Amazon.com, Inc.
will post 6.31 EPS for the current year. Insiders Place Their Bets In other news, CEO Douglas J.
Herrington sold 27,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was 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.
The trade was a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website .
Also, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.
00. Following the completion of the sale, the senior vice president now owns 49,950 shares in the company, valued at approximately $10,864,125. This represents a 27.
78 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last 90 days, insiders sold 104,798 shares of company stock worth $23,341,803.
Insiders own 10.80% of the company’s stock. 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. See Also Five stocks we like better than Amazon.com Why Understanding Call Option Volume is Essential to Successful Options Trading Markets Think Robinhood Earnings Could Send the Stock Up What is the S&P/TSX Index? Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? Mastering Discipline: Overcoming Emotional Challenges In Trading AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Receive News & Ratings for Amazon.
com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .
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