2 weeks Ago By Defense World Staff
Custos Family Office LLC acquired a new stake in Amazon.com, Inc. ( NASDAQ:AMZN ) during the fourth quarter, according to its most recent disclosure with the SEC.
The institutional investor acquired 1,658 shares of the e-commerce giant’s stock, valued at approximately $364,000. A number of other hedge funds have also bought and sold shares of AMZN. Swedbank AB increased its holdings in Amazon.
com by 1.4% in the 3rd 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 bought a new position in Amazon.com in the 3rd quarter valued at approximately $279,000. Howard Capital Management Group LLC boosted its position in Amazon.
com by 0.3% during 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 during the period.
Meridian Management Co. increased its position in Amazon.com by 27.
6% in the 3rd quarter. Meridian Management Co. now owns 33,460 shares of the e-commerce giant’s stock valued at $6,235,000 after acquiring an additional 7,246 shares during the period.
Finally, Pettinga Financial Advisors LLC raised its stake in shares of Amazon.com by 4.3% during the third quarter.
Pettinga Financial Advisors LLC now owns 5,512 shares of the e-commerce giant’s stock valued at $1,027,000 after acquiring an additional 225 shares during the last quarter. 72.20% of the stock is owned by institutional investors.
Analyst Ratings Changes A number of analysts recently weighed in on the company. Cantor Fitzgerald decreased their price objective on Amazon.com from $270.
00 to $230.00 and set an “overweight” rating for the company in a report on Wednesday. Westpark Capital started coverage on Amazon.
com in a research report on Tuesday, April 1st. They set a “buy” rating and a $280.00 price objective for the company.
Barclays lifted their price objective on Amazon.com from $235.00 to $265.
00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. The Goldman Sachs Group increased their target price on shares of Amazon.com from $240.
00 to $255.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Loop Capital boosted their price target on shares of Amazon.
com from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th.
Two research analysts have rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average target price of $252.
73. Insider Activity at Amazon.com In other Amazon.
com news, CEO Douglas J. Herrington sold 2,500 shares of the 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 completion of the transaction, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at approximately $95,776,017.
26. This represents a 0.49 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction 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 sale, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. The trade was a 0.
97 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 104,798 shares of company stock worth $23,341,803.
10.80% of the stock is owned by company insiders. Amazon.
com Price Performance Shares of NASDAQ AMZN opened at $172.51 on Friday. The company has a market capitalization of $1.
83 trillion, a PE ratio of 31.19, a PEG ratio of 1.50 and a beta of 1.
39. 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 stock’s 50 day moving average price is $198.
44 and its 200-day moving average price is $208.04. Amazon.
com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.
52. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last posted its quarterly earnings data on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share 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%. On average, equities analysts anticipate that Amazon.
com, Inc. will post 6.31 EPS for the current year.
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.
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