2 weeks Ago By ABMN Staff
Evoke Wealth LLC lifted its holdings in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 0.
8% in the 4th quarter, HoldingsChannel reports. The fund owned 120,004 shares of the e-commerce giant’s stock after purchasing 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 SEC filing. Other institutional investors and hedge funds also recently made changes to their positions in the company. Accordant Advisory Group Inc lifted its holdings in shares of Amazon.
com by 400.0% in the fourth 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.
Compass Planning Associates Inc bought a new position in Amazon.com during the 4th quarter valued at $51,000. Quattro Financial Advisors LLC boosted 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 worth $51,000 after acquiring an additional 45 shares during the last quarter.
Halbert Hargrove Global Advisors LLC bought a new stake in shares of Amazon.com in the 4th quarter worth $54,000. Finally, Iron Horse Wealth Management LLC raised its holdings in shares of Amazon.
com by 64.4% in the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after purchasing an additional 112 shares during the last quarter.
Institutional investors and hedge funds own 72.20% of the company’s stock. Insider Activity In other news, CEO Andrew R.
Jassy sold 20,784 shares of the company’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 of the company’s stock, valued at approximately $467,532,195.90.
This represents a 0.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link .
Also, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 505,318 shares in the company, valued at approximately $115,434,843.92. The trade was a 1.
08 % decrease in their position. The disclosure for this sale can be found here . In the last three months, insiders have sold 104,798 shares of company stock worth $23,341,803.
10.80% of the stock is currently owned by insiders. Amazon.
com Trading Down 1.0 % Amazon.com ( NASDAQ:AMZN – Get Free Report ) last announced its earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.
34. Amazon.com had a net margin of 9.
29% and a return on equity of 24.25%. Sell-side analysts forecast that Amazon.
com, Inc. will post 6.31 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades AMZN has been the topic of several analyst reports. Stifel Nicolaus boosted their price target on shares of Amazon.com from $245.
00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wolfe Research boosted their target price on Amazon.
com from $250.00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd.
Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 price target on shares of Amazon.com in a research report on Friday, February 7th.
Telsey Advisory Group reissued an “outperform” rating and issued a $275.00 price objective on shares of Amazon.com in a research report on Friday, February 7th.
Finally, JPMorgan Chase & Co. reduced their price objective on Amazon.com from $270.
00 to $220.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. 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.
According to MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $252.73.
View Our Latest Report on Amazon.com 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.
See Also Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc.
( NASDAQ:AMZN – Free Report ). Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.
com and related companies with MarketBeat.com's FREE daily email newsletter ..
