2 weeks Ago By Defense World Staff
Horizon Investments LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 103.
8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 92,547 shares of the e-commerce giant’s stock after acquiring an additional 47,139 shares during the quarter. Amazon.
com makes up 0.6% of Horizon Investments LLC’s holdings, making the stock its 27th largest holding. Horizon Investments LLC’s holdings in Amazon.
com were worth $20,304,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp boosted its position in Amazon.
com by 3.3% in the 3rd 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 period.
Geode Capital Management LLC raised its stake 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 valued at $37,116,341,000 after acquiring an additional 6,545,944 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Amazon.com by 0.
8% in the fourth 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 purchasing an additional 545,292 shares during the period. Charles Schwab Investment Management Inc.
grew its stake in 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 purchasing an additional 2,330,113 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Amazon.
com by 3.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant’s stock worth $10,776,201,000 after purchasing an additional 1,984,592 shares during the period.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Amazon.
com Stock PerformanceShares of AMZN stock opened at $172.51 on Friday. Amazon.
com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.
52. The company has a quick ratio of 0.87, a current ratio of 1.
06 and a debt-to-equity ratio of 0.18. The stock has a market cap of $1.
83 trillion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 1.50 and a beta of 1.
39. The business has a 50-day simple moving average of $198.44 and a 200-day simple moving average of $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 (EPS) 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%. On average, equities analysts expect that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Analysts Set New Price TargetsSeveral equities research analysts have weighed in on the company. Mizuho lowered their target price on Amazon.com from $285.
00 to $255.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Scotiabank upped their price objective on shares of Amazon.
com from $246.00 to $306.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 24th.
Loop Capital raised their target price on shares of Amazon.com from $275.00 to $285.
00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. HSBC increased their price objective on shares of Amazon.com from $225.
00 to $270.00 and gave the company a “buy” rating in a research note on Monday, January 13th. Finally, Truist Financial reduced their price objective on shares of Amazon.
com from $265.00 to $230.00 and set a “buy” rating for the company in a research note on Thursday, April 10th.
Two analysts have rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $252.
73.Check Out Our Latest Report on AMZNInsider Activity at Amazon.comIn other Amazon.
com news, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.
27, for a total transaction of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.
09. This represents a 5.24 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction that occurred 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 directly 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 disclosure for this sale can be found here. Insiders sold a total of 104,798 shares of company stock worth $23,341,803 in the last three months.
Company insiders own 10.80% of the company’s stock. About 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.See AlsoFive stocks we like better than Amazon.comWhere Do I Find 52-Week Highs and Lows?J.
B. Hunt Transport Overcorrects Into a Buying OpportunityRide Out The Recession With These Dividend Kings AppLovin: Can Record Profits Overcome Market Skepticism?EV Stocks and How to Profit from Them MarketBeat Week in Review – 04/14 – 04/18Want 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)..
