2 weeks Ago By Defense World Staff
Carlson Capital Management raised its position in Amazon.com, Inc. ( NASDAQ:AMZN ) by 7.
5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,178 shares of the e-commerce giant’s stock after purchasing an additional 710 shares during the quarter. Carlson Capital Management’s holdings in Amazon.
com were worth $2,233,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Accordant Advisory Group Inc increased its position in Amazon.
com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after acquiring an additional 100 shares during the period.
Icon Wealth Advisors LLC grew its stake in shares of Amazon.com by 20.5% in the third quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after purchasing an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC increased its holdings in Amazon.com by 23.
8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 45 shares during the period. Compass Planning Associates Inc bought a new position in Amazon.
com during the 4th quarter worth $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in Amazon.com during the 4th quarter worth $54,000.
72.20% of the stock is currently owned by institutional investors. Analysts Set New Price Targets Several equities research analysts have recently weighed in on AMZN shares.
The Goldman Sachs Group increased their price target on Amazon.com from $240.00 to $255.
00 and gave the company a “buy” rating in a research note on Friday, February 7th. Loop Capital increased their target price on shares of Amazon.com from $275.
00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. Benchmark boosted their price target on shares of Amazon.
com from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th.
Needham & Company LLC reiterated a “buy” rating and set a $250.00 price objective on shares of Amazon.com in a research report on Friday, February 7th.
Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Amazon.com from $287.00 to $206.
00 and set a “buy” rating on the stock in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.
com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $252.73. Amazon.
com Stock Performance Shares of Amazon.com stock opened at $172.51 on Friday.
The business’s fifty day simple moving average is $198.44 and its 200 day simple moving average is $208.04.
The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.
18. Amazon.com, Inc.
has a 12 month low of $151.61 and a 12 month high of $242.52.
The firm has a market capitalization of $1.83 trillion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 1.
50 and a beta of 1.39. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts’ consensus estimates 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, analysts anticipate that Amazon.com, Inc. will post 6.
31 EPS for the current year. Insiders Place Their Bets In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of the business’s stock in a transaction on Monday, February 24th.
The stock was sold at an average price of $217.50, for a total value of $4,178,610.00.
Following the sale, the senior vice president now directly owns 49,950 shares in the company, valued at $10,864,125. The trade was a 27.78 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the SEC, which is available through the SEC website . Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.
com stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.
00. Following the completion of the sale, the chief executive officer now directly owns 509,474 shares of the company’s stock, 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 .
Over the last 90 days, insiders have sold 104,798 shares of company stock valued at $23,341,803. Company insiders own 10.80% of the company’s stock.
Amazon.com Company 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. Featured Stories Five stocks we like better than Amazon.
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com, Inc. ( NASDAQ:AMZN – Free Report ). Receive News & Ratings for Amazon.
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