2 weeks Ago By Defense World Staff
Cyrus J. Lawrence LLC increased its holdings in shares of Amazon.com, Inc.
( NASDAQ:AMZN – Free Report ) by 0.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,094 shares of the e-commerce giant’s stock after purchasing an additional 581 shares during the quarter.
Amazon.com accounts for 4.2% of Cyrus J.
Lawrence LLC’s holdings, making the stock its 6th biggest position. Cyrus J. Lawrence LLC’s holdings in Amazon.
com were worth $21,470,000 as of its most recent SEC filing. Several other hedge funds have also recently bought and sold shares of the stock. Swedbank AB grew its holdings in shares of Amazon.
com by 1.4% in the 3rd quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after acquiring an additional 183,610 shares in the last quarter.
Sassicaia Capital Advisers LLC bought a new position in shares of Amazon.com during the 3rd quarter worth approximately $279,000. Howard Capital Management Group LLC increased its holdings in shares of Amazon.
com by 0.3% in the third quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock valued at $66,434,000 after purchasing an additional 897 shares during the last quarter.
Pettinga Financial Advisors LLC grew 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 during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Amazon.
com by 5.1% in the third quarter. Principal Financial Group Inc.
now owns 20,166,314 shares of the e-commerce giant’s stock valued at $3,757,589,000 after purchasing an additional 984,570 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets AMZN has been the topic of several recent research reports. Mizuho lowered their target price on shares of Amazon.com from $285.
00 to $255.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. HSBC increased their target price on shares of Amazon.
com from $225.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, January 13th.
Truist Financial cut their price objective on Amazon.com from $265.00 to $230.
00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Citizens Jmp cut their target price on shares of Amazon.com from $285.
00 to $240.00 and set an “outperform” rating on the stock in a research report on Monday, April 14th. Finally, Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.
com in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock. According to MarketBeat.
com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $248.96.
Amazon.com Stock Up 3.5 % Shares of AMZN opened at $173.
18 on Wednesday. Amazon.com, Inc.
has a one year low of $151.61 and a one year high of $242.52.
The stock has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 31.32, a PEG ratio of 1.
50 and a beta of 1.39. The stock has a 50 day moving average price of $196.
07 and a 200 day moving average price of $207.85. 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 posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 EPS for the quarter, beating 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%. Equities research analysts forecast that Amazon.com, Inc.
will post 6.31 earnings per share for the current fiscal year. Insider Activity In related news, 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 value of $469,975.
00. Following the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
Also, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.
51. Following the sale, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60.
This represents a 6.87 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold a total of 104,798 shares of company stock valued at $23,341,803 in the last 90 days. Company 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. Recommended Stories Five stocks we like better than Amazon.
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