2 weeks Ago By Defense World Staff
South Street Advisors LLC lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.
2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,793 shares of the e-commerce giant’s stock after selling 200 shares during the period. South Street Advisors LLC’s holdings in Amazon.
com were worth $3,684,000 as of its most recent SEC filing. Several other large investors have also recently bought and sold shares of the business. Swedbank AB grew its position in Amazon.
com by 1.4% during the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock worth $2,484,864,000 after buying an additional 183,610 shares during the period.
Sassicaia Capital Advisers LLC purchased a new stake in shares of Amazon.com during the 3rd quarter worth approximately $279,000. Howard Capital Management Group LLC grew its holdings in shares of Amazon.
com by 0.3% in the 3rd quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock worth $66,434,000 after acquiring an additional 897 shares during the period.
Meridian Management Co. grew its holdings in shares of Amazon.com by 27.
6% in the 3rd quarter. Meridian Management Co. now owns 33,460 shares of the e-commerce giant’s stock worth $6,235,000 after acquiring an additional 7,246 shares during the period.
Finally, Pettinga Financial Advisors LLC increased its stake in Amazon.com by 4.3% in the 3rd quarter.
Pettinga Financial Advisors LLC now owns 5,512 shares of the e-commerce giant’s stock valued at $1,027,000 after purchasing an additional 225 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Amazon.com Stock PerformanceShares of NASDAQ:AMZN opened at $172.51 on Friday.
The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.
06. Amazon.com, Inc.
has a one year low of $151.61 and a one year high of $242.52.
The business’s 50-day simple moving average is $198.44 and its 200 day simple moving average is $208.04.
The company has a market cap of $1.83 trillion, a P/E ratio of 31.19, a PEG 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 earnings per share (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%.
On average, sell-side analysts forecast that Amazon.com, Inc. will post 6.
31 earnings per share for the current fiscal year. Insider Activity at Amazon.comIn related news, CFO Brian T.
Olsavsky sold 14,620 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $223.14, for a total value of $3,262,306.
80. Following the completion of the sale, the chief financial officer now directly owns 49,000 shares of the company’s stock, valued at $10,933,860. The trade was a 22.
98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas J.
Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.
27, for a total value of $6,332,425.00. Following the completion of the transaction, the chief executive officer now owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.
09. The trade was a 5.24 % 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 valued at $23,341,803. Insiders own 10.
80% of the company’s stock. Wall Street Analyst Weigh InA number of research firms have commented on AMZN. Oppenheimer boosted their target price on Amazon.
com from $230.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th.
Phillip Securities downgraded shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 10th. Needham & Company LLC reiterated a “buy” rating and issued a $250.
00 price target on shares of Amazon.com in a research report on Friday, February 7th. Telsey Advisory Group restated an “outperform” rating and set a $275.
00 price objective on shares of Amazon.com in a research report on Friday, February 7th. Finally, Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.
com in a report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Amazon.
com currently has a consensus rating of “Moderate Buy” and an average target price of $252.73.View Our Latest Stock Analysis on AMZNAmazon.
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 MoreFive stocks we like better than Amazon.comHow to Know if a Stock Pays Dividends and When They Are Paid OutJ.
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com, Inc. (NASDAQ:AMZN – Free Report)..
