2 weeks Ago By Defense World Staff
Boston Partners purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund purchased 28,248 shares of the e-commerce giant’s stock, valued at approximately $6,197,000. Several other large investors have also recently added to or reduced their stakes in the company. Swedbank AB raised its position in Amazon.
com by 1.4% in the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock worth $2,484,864,000 after purchasing an additional 183,610 shares in the last quarter.
Sassicaia Capital Advisers LLC acquired a new stake in Amazon.com during the third quarter valued at approximately $279,000. Howard Capital Management Group LLC raised 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 buying an additional 897 shares in the last quarter.
Meridian Management Co. lifted its position in shares of Amazon.com by 27.
6% during the 3rd quarter. Meridian Management Co. now owns 33,460 shares of the e-commerce giant’s stock worth $6,235,000 after buying an additional 7,246 shares during the period.
Finally, Pettinga Financial Advisors LLC boosted 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 buying an additional 225 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insider Activity at Amazon.comIn related news, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were 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 directly owns 119,780 shares of the company’s stock, valued at approximately $26,647,456.
60. This trade represents a 6.87 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction 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 transaction, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. The trade was a 0.
49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 104,798 shares of company stock valued at $23,341,803.
10.80% of the stock is owned by insiders. Analyst Upgrades and DowngradesAMZN has been the subject of a number of recent analyst reports.
Raymond James increased their target price on shares of Amazon.com from $260.00 to $275.
00 in a research report on Monday, February 10th. Mizuho cut their target price on shares of Amazon.com from $285.
00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Wells Fargo & Company decreased their price target on Amazon.
com from $207.00 to $203.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 25th.
Cantor Fitzgerald reduced their price objective on Amazon.com from $270.00 to $230.
00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, DA Davidson lowered their target price on Amazon.com from $280.
00 to $230.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Two 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 stock.
Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $252.73.View Our Latest Stock Report on Amazon.
comAmazon.com Trading Down 1.0 %NASDAQ AMZN opened at $172.
51 on Friday. The stock 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. The stock’s 50 day moving average price is $198.
44 and its two-hundred day moving average price is $208.04. 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 (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.34.
Amazon.com had a net margin of 9.29% and a return on equity of 24.
25%. As a group, analysts anticipate 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.Further ReadingFive stocks we like better than Amazon.comBest Aerospace Stocks Investing J.
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