2 weeks Ago By Defense World Staff
FreeGulliver LLC reduced its position in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 20.
0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,267 shares of the e-commerce giant’s stock after selling 819 shares during the period. FreeGulliver LLC’s holdings in Amazon.
com were worth $717,000 as of its most recent SEC filing. A number of other hedge funds have also recently added to or reduced their stakes in AMZN. Proficio Capital Partners LLC increased its holdings in shares of Amazon.
com by 17,054.5% in the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock valued at $2,652,116,000 after purchasing an additional 12,018,120 shares in the last quarter.
Parnassus Investments LLC increased its position in Amazon.com by 82,457.3% during the 3rd quarter.
Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock worth $2,125,148,000 after purchasing an additional 11,391,479 shares in the last quarter. State Street Corp raised its position in shares of Amazon.com by 3.
3% in the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Amazon.
com by 3.4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after purchasing an additional 6,545,944 shares during the last quarter.
Finally, Strategic Financial Concepts LLC grew its holdings in Amazon.com by 23,742.9% in the 4th quarter.
Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock valued at $1,119,463,000 after buying an additional 5,081,217 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.
Analysts Set New Price Targets A number of equities research analysts have issued reports on the company. Scotiabank boosted their price target 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 lowered their price objective on Amazon.
com from $265.00 to $230.00 and set a “buy” rating for the company in a research note on Thursday, April 10th.
Stifel Nicolaus boosted their price objective on Amazon.com from $245.00 to $275.
00 and gave the company a “buy” rating in a report on Friday, February 7th. JPMorgan Chase & Co. reduced their price target on shares of Amazon.
com from $270.00 to $220.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th.
Finally, Bank of America cut their target price on Amazon.com from $257.00 to $225.
00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.
com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $252.73. Amazon.
com Trading Down 1.0 % Amazon.com stock opened at $172.
51 on Friday. The stock 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 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, 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.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last announced its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share for the quarter, topping analysts’ consensus estimates 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, sell-side analysts forecast that Amazon.com, Inc.
will post 6.31 EPS for the current fiscal year. Insider Buying and Selling at Amazon.
com In other news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, April 1st.
The shares were sold at an average price of $187.99, for a total transaction of $469,975.00.
Following the sale, the chief executive officer now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . 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 transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.60. This trade represents a 6.
87 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 104,798 shares of company stock worth $23,341,803 over the last ninety days.
Company insiders own 10.80% of the company’s stock. 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. Read More Five stocks we like better than Amazon.com What is the Nikkei 225 index? J.
B. Hunt Transport Overcorrects Into a Buying Opportunity What Investors Need to Know About Upcoming IPOs AppLovin: Can Record Profits Overcome Market Skepticism? How to Use the MarketBeat Stock Screener MarketBeat Week in Review – 04/14 – 04/18 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 .
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