2 weeks Ago By Defense World Staff
Fi3 FINANCIAL ADVISORS LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.
8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,621 shares of the e-commerce giant’s stock after acquiring an additional 676 shares during the quarter. Amazon.
com comprises about 1.5% of Fi3 FINANCIAL ADVISORS LLC’s investment portfolio, making the stock its 17th biggest holding. Fi3 FINANCIAL ADVISORS LLC’s holdings in Amazon.
com were worth $4,085,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors have also recently made changes to their positions in the company. Accordant Advisory Group Inc boosted its position in Amazon.
com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter.
Compass Planning Associates Inc bought a new position in shares of Amazon.com in the 4th quarter worth approximately $51,000. Quattro Financial Advisors LLC lifted its stake in shares of Amazon.
com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares during the period.
Halbert Hargrove Global Advisors LLC purchased a new position in shares of Amazon.com in the fourth quarter worth approximately $54,000. Finally, Iron Horse Wealth Management LLC grew its position in Amazon.
com by 64.4% during the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after buying an additional 112 shares during the period.
72.20% of the stock is currently owned by institutional investors. Amazon.
com Trading Up 3.5 %Shares of NASDAQ AMZN opened at $173.18 on Wednesday.
Amazon.com, Inc. has a 1-year low of $151.
61 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.
18, a current ratio of 1.06 and a quick ratio of 0.87.
The business’s 50 day moving average is $196.07 and its two-hundred day moving average is $207.85.
The stock has a market capitalization of $1.84 trillion, a P/E ratio of 31.32, a PEG ratio of 1.
50 and a beta of 1.39. Amazon.
com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share 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 expect that Amazon.com, Inc. will post 6.
31 EPS for the current year. Insider Buying and Selling at Amazon.comIn other news, SVP David Zapolsky sold 5,848 shares of the company’s stock in a transaction that occurred on Friday, February 21st.
The stock was sold at an average price of $220.72, for a total transaction of $1,290,770.56.
Following the transaction, the senior vice president now owns 69,162 shares of the company’s stock, valued at approximately $15,265,436.64. This represents a 7.
80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction that occurred on Friday, February 21st.
The stock was sold at an average price of $222.47, for a total value of $1,965,077.51.
Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $26,647,456.60. This represents a 6.
87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock worth $23,341,803 over the last quarter.
Insiders own 10.80% of the company’s stock. Wall Street Analyst Weigh InSeveral research analysts have weighed in on AMZN shares.
Truist Financial decreased their price target on shares of Amazon.com from $265.00 to $230.
00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Jefferies Financial Group decreased their target price on Amazon.com from $250.
00 to $240.00 and set a “buy” rating on the stock in a report on Tuesday. Morgan Stanley cut their price target on Amazon.
com from $280.00 to $245.00 and set an “overweight” rating for the company in a report on Monday, April 14th.
Oppenheimer raised their price objective on Amazon.com from $230.00 to $260.
00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Finally, The Goldman Sachs Group lowered their price objective on Amazon.com from $255.
00 to $220.00 and set a “buy” rating on the stock in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company.
Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $248.
96.View Our Latest Analysis on Amazon.comAbout 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.Featured StoriesFive stocks we like better than Amazon.comStock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be ClosedHow to Invest in Micro-Cap Stocks Like a ProLow PE Growth Stocks: Unlocking Investment OpportunitiesInvestors Sell Microsoft Stock on OpenAI News—Time to Buy? Using the MarketBeat Stock Split CalculatorTake-Two Interactive: A Defensive Play Set to ExplodeWant 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).
.
