1 week Ago By ABMN Staff
Mark Sheptoff Financial Planning LLC grew its holdings in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 15.
8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,376 shares of the e-commerce giant’s stock after purchasing an additional 869 shares during the period.
Amazon.com comprises approximately 0.8% of Mark Sheptoff Financial Planning LLC’s portfolio, making the stock its 26th biggest holding.
Mark Sheptoff Financial Planning LLC’s holdings in Amazon.com were worth $1,399,000 at the end of the most recent reporting period. Several other hedge funds also recently made changes to their positions in the business.
Swedbank AB boosted its position in shares of Amazon.com by 1.4% in the 3rd quarter.
Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after purchasing an additional 183,610 shares during the period. Sassicaia Capital Advisers LLC purchased a new stake in Amazon.com during the third quarter valued at about $279,000.
Howard Capital Management Group LLC boosted its holdings in shares of Amazon.com by 0.3% in the third quarter.
Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock worth $66,434,000 after buying an additional 897 shares during the period. Pettinga Financial Advisors LLC increased its position in shares of Amazon.com by 4.
3% in the third quarter. Pettinga Financial Advisors LLC now owns 5,512 shares of the e-commerce giant’s stock worth $1,027,000 after acquiring an additional 225 shares in the last quarter. Finally, Principal Financial Group Inc.
lifted its position in shares of Amazon.com by 5.1% in the 3rd quarter.
Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant’s stock valued at $3,757,589,000 after acquiring an additional 984,570 shares in the last quarter. Institutional investors and hedge funds own 72.
20% of the company’s stock. Insider Buying and Selling at Amazon.com In other Amazon.
com news, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.
47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.
60. The trade was a 6.87 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, CEO Andrew R. Jassy sold 20,784 shares of the 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 sale, the chief executive officer now owns 2,118,886 shares in the company, 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 . Insiders have sold 104,798 shares of company stock worth $23,341,803 over the last three months.
Company insiders own 10.80% of the company’s stock. Amazon.
com Price Performance Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released 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%. As a group, research analysts expect that Amazon.com, Inc.
will post 6.31 EPS for the current fiscal year. Wall Street Analysts Forecast Growth AMZN has been the topic of several research analyst reports.
Truist Financial lowered their price objective on shares of Amazon.com from $265.00 to $230.
00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Cantor Fitzgerald lowered their target price on Amazon.com from $270.
00 to $230.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Rosenblatt Securities boosted their price objective on shares of Amazon.
com from $236.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, February 7th.
DA Davidson dropped their price objective on shares of Amazon.com from $280.00 to $230.
00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Oppenheimer lifted their target price on shares of Amazon.com from $230.
00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company’s stock.
Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $247.56.
Read Our Latest Stock Report on AMZN Amazon.com 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. Further Reading 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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