2 weeks Ago By Defense World Staff
Enhancing Capital LLC bought a new position in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor bought 13,936 shares of the e-commerce giant’s stock, valued at approximately $3,057,000. Amazon.com makes up about 2.
4% of Enhancing Capital LLC’s holdings, making the stock its 9th largest holding. Other hedge funds and other institutional investors have also modified their holdings of the company. Accordant Advisory Group Inc boosted its stake in shares of 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 purchasing an additional 100 shares in the last quarter.
Icon Wealth Advisors LLC increased its position in shares of Amazon.com by 20.5% during the 3rd 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 in the last quarter. Quattro Financial Advisors LLC lifted its holdings in Amazon.com by 23.
8% during the 4th 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 last quarter. Compass Planning Associates Inc acquired a new position in Amazon.
com in the fourth quarter valued at about $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in Amazon.com during the fourth quarter worth about $54,000.
Institutional investors own 72.20% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have recently issued reports on AMZN.
Barclays lifted their target price on shares of Amazon.com from $235.00 to $265.
00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Scotiabank lifted their price objective on Amazon.com from $246.
00 to $306.00 and gave the company a “sector outperform” rating in a research report on Friday, January 24th. Truist Financial decreased their target price on Amazon.
com from $265.00 to $230.00 and set a “buy” rating on the stock in a report on Thursday, April 10th.
Canaccord Genuity Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Finally, Wolfe Research increased their price objective on shares of Amazon.
com from $250.00 to $270.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd.
Two research 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 company’s stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.
73. Amazon.com Trading Down 1.
0 % Shares of NASDAQ:AMZN opened at $172.51 on Friday. The firm has a market cap 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 12 month low of $151.61 and a 12 month high of $242.52.
The company’s fifty day simple moving average is $198.44 and its 200 day simple moving average is $208.04.
The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.
18. 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 (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%. As a group, research analysts forecast that Amazon.
com, Inc. will post 6.31 EPS for the current fiscal year.
Insider Activity at Amazon.com In other news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th.
The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00.
Following the completion of the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at $114,459,618.09. This trade represents a 5.
24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Also, 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 transaction of $4,178,610.00.
Following the completion of the sale, the senior vice president now directly owns 49,950 shares in the company, valued at approximately $10,864,125. This represents a 27.78 % decrease in their position.
The disclosure for this sale can be found here . In 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. 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.
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