1 week Ago By Defense World Staff
GQG Partners LLC increased its position in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 5.
2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,922,215 shares of the e-commerce giant’s stock after acquiring an additional 392,161 shares during the period. Amazon.
com makes up about 2.6% of GQG Partners LLC’s portfolio, making the stock its 12th biggest holding. GQG Partners LLC owned about 0.
08% of Amazon.com worth $1,738,055,000 at the end of the most recent reporting period. Several other large investors have also added to or reduced their stakes in AMZN.
Vanguard Group Inc. boosted its position in Amazon.com by 2.
2% in the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock valued at $180,637,081,000 after buying an additional 17,635,391 shares during the last quarter.
State Street Corp raised its position in Amazon.com by 3.3% during the 3rd quarter.
State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC lifted its stake in Amazon.com by 3.
4% during the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after acquiring an additional 6,545,944 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Amazon.
com by 0.8% in the 4th quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock valued at $14,719,407,000 after acquiring an additional 545,292 shares during the last quarter.
Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Amazon.com by 4.
1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant’s stock worth $13,084,026,000 after acquiring an additional 2,330,113 shares during the period.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Analysts Set New Price Targets A number of research firms recently issued reports on AMZN.
Maxim Group boosted their target price on shares of Amazon.com from $260.00 to $280.
00 and gave the company a “buy” rating in a research report on Friday, February 7th. JPMorgan Chase & Co. lowered their target price on Amazon.
com from $270.00 to $220.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th.
Wedbush reiterated an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, February 7th.
Wolfe Research boosted their price target on Amazon.com from $250.00 to $270.
00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 price objective on shares of Amazon.
com in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $247.
56. Insider Transactions at Amazon.com In related news, CEO Andrew R.
Jassy sold 20,784 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.
60. Following the completion of the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90.
The trade was a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website .
Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction on Tuesday, April 1st.
The stock was sold at an average price of $187.99, for a total transaction of $469,975.00.
Following the sale, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. This represents a 0.
49 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 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 Trading Up 1.3 % Shares of AMZN opened at $188.99 on Friday.
The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.
18. The firm has a market capitalization of $2.00 trillion, a P/E ratio of 34.
18, a P/E/G ratio of 1.50 and a beta of 1.39.
The firm has a 50-day moving average price of $193.52 and a 200 day moving average price of $207.75.
Amazon.com, Inc. has a 12-month low of $151.
61 and a 12-month high of $242.52. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) 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%.
Sell-side analysts forecast that Amazon.com, Inc. will post 6.
31 EPS for the current year. 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.
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