2 weeks Ago By ABMN Staff
Tiemann Investment Advisors LLC trimmed its holdings in Amazon.com, Inc. ( NASDAQ:AMZN ) by 2.
6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,470 shares of the e-commerce giant’s stock after selling 471 shares during the period. Amazon.
com accounts for approximately 1.7% of Tiemann Investment Advisors LLC’s holdings, making the stock its 12th largest holding. Tiemann Investment Advisors LLC’s holdings in Amazon.
com were worth $3,833,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rench Wealth Management Inc.
grew its holdings in Amazon.com by 7.9% in the third quarter.
Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant’s stock valued at $9,392,000 after purchasing an additional 3,703 shares during the period. Blankinship & Foster LLC raised its stake in Amazon.
com by 216.4% during the third quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant’s stock worth $1,291,000 after purchasing an additional 4,740 shares during the period.
Umpqua Bank boosted its holdings in shares of Amazon.com by 0.4% in the 3rd quarter.
Umpqua Bank now owns 35,120 shares of the e-commerce giant’s stock valued at $6,544,000 after purchasing an additional 137 shares during the last quarter. One Wealth Capital Management LLC purchased a new stake in shares of Amazon.com during the 4th quarter valued at $4,270,000.
Finally, Floyd Financial Group LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth $4,494,000. Hedge funds and other institutional investors own 72.
20% of the company’s stock. Insider Buying and Selling In other news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction that occurred on Friday, February 21st.
The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60.
Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. The trade was a 0.
97 % 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, CEO Douglas J.
Herrington sold 27,500 shares of the 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 directly owns 497,067 shares of the company’s stock, valued at $114,459,618.09.
This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 in the last quarter. Company insiders own 10.80% of the company’s stock.
Wall Street Analyst Weigh In Read Our Latest Report on AMZN Amazon.com Stock Down 5.2 % Shares of Amazon.
com stock opened at $181.22 on Friday. The stock has a market capitalization of $1.
92 trillion, a price-to-earnings ratio of 32.77, a PEG ratio of 1.50 and a beta of 1.
39. Amazon.com, Inc.
has a twelve month low of $151.61 and a twelve month high of $242.52.
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 business’s 50 day simple moving average is $205.37 and its 200-day simple moving average is $208.
47. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last issued its earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share for the quarter, topping 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%. Equities research analysts forecast that Amazon.
com, Inc. will post 6.31 earnings per share for the current year.
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. Recommended Stories Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ).
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