2 weeks Ago By Defense World Staff
Templeton & Phillips Capital Management LLC trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 0.
3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,709 shares of the e-commerce giant’s stock after selling 182 shares during the quarter. Amazon.
com accounts for approximately 10.9% of Templeton & Phillips Capital Management LLC’s investment portfolio, making the stock its 2nd biggest position. Templeton & Phillips Capital Management LLC’s holdings in Amazon.
com were worth $13,758,000 at the end of the most recent quarter. Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc.
grew its stake in Amazon.com by 2.2% during the 4th 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 in the last quarter. State Street Corp boosted its stake in shares of Amazon.
com by 3.3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the period.
Geode Capital Management LLC boosted its stake 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 valued at $37,116,341,000 after buying an additional 6,545,944 shares during the period. Bank of New York Mellon Corp grew its position in shares of Amazon.com by 0.
8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock worth $14,719,407,000 after buying an additional 545,292 shares in the last quarter. Finally, Charles Schwab Investment Management Inc.
increased its stake in shares of 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 worth $13,084,026,000 after buying an additional 2,330,113 shares during the period. 72.
20% of the stock is owned by institutional investors and hedge funds. Insider Transactions at Amazon.comIn 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 shares were sold at an average price of $220.65, for a total value of $4,585,989.
60. Following the completion of the transaction, the chief executive officer now 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.
99, for a total transaction of $469,975.00. Following the sale, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.
26. This trade represents a 0.49 % decrease in their position.
The disclosure for this sale can be found here. Insiders sold a total of 104,798 shares of company stock valued at $23,341,803 over the last three months. 10.
80% of the stock is currently owned by insiders. Analyst Ratings ChangesA number of research analysts recently issued reports on AMZN shares. Wedbush reiterated an “outperform” rating and issued a $280.
00 price target on shares of Amazon.com in a research note on Friday, February 7th. Royal Bank of Canada lifted their price objective on shares of Amazon.
com from $255.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th.
Maxim Group increased their target price on Amazon.com from $260.00 to $280.
00 and gave the company a “buy” rating in a report on Friday, February 7th. Truist Financial decreased their price target on Amazon.com from $265.
00 to $230.00 and set a “buy” rating for the company in a report on Thursday, April 10th. Finally, The Goldman Sachs Group lowered their price objective on Amazon.
com from $255.00 to $220.00 and set a “buy” rating for the company in a research report on Tuesday.
Two equities research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $247.56.
Check Out Our Latest Stock Analysis on Amazon.comAmazon.com Stock PerformanceNASDAQ:AMZN opened at $186.
54 on Friday. Amazon.com, Inc.
has a twelve month low of $151.61 and a twelve month high of $242.52.
The company has a market capitalization of $1.98 trillion, a P/E ratio of 33.73, a price-to-earnings-growth ratio of 1.
50 and a beta of 1.39. 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 firm has a 50-day moving average price of $194.27 and a two-hundred day moving average price of $207.70.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings data 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 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 earnings per share for the current fiscal year. 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.See AlsoFive stocks we like better than Amazon.comBank Stocks – Best Bank Stocks to Invest In2 Strong Utilities Plays With Booming Earnings and Room to GrowWhat is the S&P/TSX Index?Why Smart Investors Don’t Panic in Election SeasonUsing the MarketBeat Dividend Yield CalculatorNow Is the Time to Buy ServiceNow—The Rebound Is Real.
