2 weeks Ago By Defense World Staff
Gallagher Capital Advisors LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The institutional investor purchased 20,492 shares of the e-commerce giant’s stock, valued at approximately $4,496,000. Amazon.com comprises 3.
3% of Gallagher Capital Advisors LLC’s investment portfolio, making the stock its 8th largest holding. A number of other large investors also recently bought and sold shares of AMZN. Accordant Advisory Group Inc grew its position in Amazon.
com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after acquiring an additional 100 shares during the period.
Icon Wealth Advisors LLC lifted its stake in shares of Amazon.com by 20.5% in the 3rd quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after purchasing an additional 25,581 shares in the last quarter. Quattro Financial Advisors LLC grew its holdings in shares of 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 purchasing an additional 45 shares during the period. Compass Planning Associates Inc acquired a new stake in Amazon.
com during the 4th quarter worth approximately $51,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in Amazon.com in the fourth quarter valued at approximately $54,000.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Amazon.
com Stock PerformanceAMZN opened at $181.22 on Friday. The business has a fifty day simple moving average of $205.
37 and a 200-day simple moving average of $208.47. The firm has a market cap of $1.
92 trillion, a PE ratio of 32.77, 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 fifty-two week low of $151.61 and a fifty-two week high of $242.
52. 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 for the quarter, beating 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, equities analysts predict that Amazon.
com, Inc. will post 6.31 EPS for the current fiscal year.
Insider Transactions at Amazon.comIn related 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 value of $6,332,425.00.
Following the completion of the transaction, the chief executive officer now owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. This trade represents a 5.
24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP David Zapolsky sold 5,848 shares of the business’s stock in a transaction on Friday, February 21st.
The shares were sold at an average price of $220.72, for a total transaction of $1,290,770.56.
Following the sale, the senior vice president now directly owns 69,162 shares in the company, valued at approximately $15,265,436.64. This trade represents a 7.
80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 over the last ninety days.
Corporate insiders own 10.80% of the company’s stock. Analysts Set New Price TargetsSeveral research firms have issued reports on AMZN.
Phillip Securities downgraded shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 10th. Wedbush reaffirmed an “outperform” rating and set a $280.
00 price target on shares of Amazon.com in a research report on Friday, February 7th. Robert W.
Baird raised their price objective on Amazon.com from $220.00 to $260.
00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Rosenblatt Securities upped their target price on Amazon.com from $236.
00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, Sanford C.
Bernstein raised their target price on Amazon.com from $235.00 to $265.
00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Two analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $258.
19.View Our Latest Analysis on AMZNAmazon.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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