2 weeks Ago By Defense World Staff
Clarity Wealth Development LLC purchased a new position in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor purchased 900 shares of the e-commerce giant’s stock, valued at approximately $214,000. A number of other institutional investors and hedge funds have also recently modified their holdings of AMZN. Accordant Advisory Group Inc raised its stake in Amazon.
com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after buying an additional 100 shares in the last quarter.
Icon Wealth Advisors LLC increased its holdings 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 valued at $28,000 after purchasing an additional 25,581 shares during the period. Quattro Financial Advisors LLC boosted its holdings in shares of 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 acquiring an additional 45 shares during the last quarter. Compass Planning Associates Inc acquired a new position in shares of Amazon.
com in the 4th quarter valued at about $51,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Amazon.com during the 4th quarter worth approximately $54,000.
72.20% of the stock is owned by institutional investors. Analysts Set New Price Targets Several analysts have commented on the company.
Rosenblatt Securities raised their price objective on Amazon.com from $236.00 to $287.
00 and gave the company a “buy” rating in a report on Friday, February 7th. Loop Capital upped their price objective on shares of Amazon.com from $275.
00 to $285.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. Stifel Nicolaus boosted their price objective on shares of Amazon.
com from $245.00 to $275.00 and gave the company a “buy” rating in a report on Friday, February 7th.
Bank of America lowered their target price on Amazon.com from $257.00 to $225.
00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Finally, Royal Bank of Canada upped their price objective on Amazon.com from $255.
00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock.
According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $252.73.
Amazon.com Stock Down 1.0 % AMZN stock opened at $172.
51 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.
06 and a quick ratio of 0.87. 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 PE ratio of 31.
19, a P/E/G ratio of 1.50 and a beta of 1.39.
The company’s 50 day simple moving average is $198.44 and its 200-day simple moving average is $208.04.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share 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%. Equities analysts expect that Amazon.com, Inc.
will post 6.31 earnings per share for the current fiscal year. Insider Transactions at Amazon.
com In related news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction dated 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 directly owns 509,474 shares in the company, valued at approximately $95,776,017.
26. This represents a 0.49 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink . Also, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated Friday, February 21st.
The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60.
Following the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. This represents a 0.
97 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 104,798 shares of company stock worth $23,341,803 over the last ninety days.
10.80% of the stock is currently owned by corporate insiders. 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. Read More Five stocks we like better than Amazon.com How to Invest in the FAANG Stocks J.
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