2 weeks Ago By Defense World Staff
Evoke Wealth LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 0.
8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 120,004 shares of the e-commerce giant’s stock after buying an additional 904 shares during the period. Evoke Wealth LLC’s holdings in Amazon.
com were worth $26,328,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rench Wealth Management Inc.
grew its holdings in Amazon.com by 7.9% during the third quarter.
Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant’s stock worth $9,392,000 after purchasing an additional 3,703 shares during the period. Blankinship & Foster LLC increased its holdings in shares of Amazon.
com by 216.4% during the 3rd quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant’s stock worth $1,291,000 after acquiring an additional 4,740 shares during the last quarter.
One Wealth Capital Management LLC acquired a new stake in Amazon.com during the 4th quarter valued at $4,270,000. Floyd Financial Group LLC acquired a new position in shares of Amazon.
com in the fourth quarter valued at $4,494,000. Finally, Patton Albertson Miller Group LLC lifted its stake in shares of Amazon.com by 2.
7% during the 4th quarter. Patton Albertson Miller Group LLC now owns 18,790 shares of the e-commerce giant’s stock worth $4,122,000 after buying an additional 495 shares during the last quarter. 72.
20% of the stock is owned by institutional investors. Insider ActivityIn other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of Amazon.
com stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.
51. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $26,647,456.60.
The trade was a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Also, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.
44, for a total transaction of $1,256,648.44. Following the transaction, the chief executive officer now directly owns 505,318 shares in the company, valued at $115,434,843.
92. This trade represents a 1.08 % decrease in their position.
The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock valued at $23,341,803 in the last ninety days. 10.
80% of the stock is owned by company insiders. Amazon.com Price PerformanceAmazon.
com stock opened at $172.51 on Friday. The firm has a market cap of $1.
83 trillion, a P/E ratio of 31.19, a P/E/G ratio of 1.50 and a beta of 1.
39. The stock’s 50 day moving average is $198.44 and its 200 day moving average is $208.
04. 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 one year low of $151.61 and a one year 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 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.
34. Amazon.com had a net margin of 9.
29% and a return on equity of 24.25%. As a group, research analysts expect that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Analyst Upgrades and DowngradesSeveral research analysts have weighed in on AMZN shares. Stifel Nicolaus increased their price target 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. Phillip Securities downgraded Amazon.
com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 10th. Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, February 13th.
Scotiabank upped their price target on shares of Amazon.com from $246.00 to $306.
00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. Finally, Loop Capital boosted 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. Two research 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 company’s stock.
According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $252.73.Check Out Our Latest Research Report on AMZNAbout 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.See AlsoFive stocks we like better than Amazon.comWhat is a Stock Market Index and How Do You Use Them?J.
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