2 weeks Ago By Defense World Staff
Bestgate Wealth Advisors LLC purchased a new position in shares of Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The firm purchased 3,929 shares of the e-commerce giant’s stock, valued at approximately $862,000. Amazon.com comprises approximately 1.
7% of Bestgate Wealth Advisors LLC’s portfolio, making the stock its 15th largest holding. Other large investors also recently bought and sold shares of the company. Accordant Advisory Group Inc boosted its stake in shares of Amazon.
com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after purchasing an additional 100 shares during the period.
Icon Wealth Advisors LLC lifted its holdings in Amazon.com by 20.5% during the 3rd quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after buying an additional 25,581 shares in the last quarter. Quattro Financial Advisors LLC boosted its position in Amazon.com by 23.
8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after buying an additional 45 shares during the period. Compass Planning Associates Inc purchased a new stake in Amazon.
com in the 4th quarter valued at about $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in Amazon.com in the 4th quarter worth about $54,000.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Analysts Set New Price Targets A number of brokerages recently issued reports on AMZN.
Barclays boosted their price target on Amazon.com from $235.00 to $265.
00 and gave the company an “overweight” rating in a report on Friday, February 7th. Jefferies Financial Group dropped their price target on Amazon.com from $275.
00 to $250.00 and set a “buy” rating on the stock in a research report on Monday, March 31st. Westpark Capital started coverage on shares of Amazon.
com in a report on Tuesday, April 1st. They set a “buy” rating and a $280.00 target price on the stock.
Raymond James boosted their price target on shares of Amazon.com from $260.00 to $275.
00 in a report on Monday, February 10th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $275.00 price objective on shares of Amazon.
com in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Amazon.
com presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.73. Amazon.
com Stock Down 1.0 % Shares of AMZN opened at $172.51 on Friday.
The stock’s 50-day moving average price is $198.44 and its 200-day moving average price is $208.04.
The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.
18. The company has a market capitalization of $1.83 trillion, a price-to-earnings ratio of 31.
19, a PEG ratio of 1.50 and a beta of 1.39.
Amazon.com, Inc. has a 52 week low of $151.
61 and a 52 week high of $242.52. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last posted its earnings results 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 net margin of 9.29% and a return on equity of 24.25%.
On average, sell-side analysts predict that Amazon.com, Inc. will post 6.
31 EPS for the current year. Insider Buying and Selling at Amazon.com In related news, VP Shelley Reynolds sold 8,833 shares of Amazon.
com stock in a transaction dated 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 $26,647,456.60.
The trade was a 6.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website .
Also, SVP David Zapolsky sold 5,848 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.72, for a total value of $1,290,770.
56. Following the completion of the transaction, the senior vice president now directly owns 69,162 shares of the company’s stock, valued at $15,265,436.64.
The trade was a 7.80 % decrease in their position. The disclosure for this sale can be found here .
Over the last quarter, insiders sold 104,798 shares of company stock valued at $23,341,803. Corporate insiders own 10.80% of the company’s stock.
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. Featured Stories Five stocks we like better than Amazon.
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