2 weeks Ago By Defense World Staff
Interchange Capital Partners LLC lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.
0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,535 shares of the e-commerce giant’s stock after selling 243 shares during the quarter. Amazon.
com accounts for approximately 1.9% of Interchange Capital Partners LLC’s holdings, making the stock its 8th biggest holding. Interchange Capital Partners LLC’s holdings in Amazon.
com were worth $5,380,000 at the end of the most recent quarter. A number of other hedge funds also recently made changes to their positions in AMZN. Vanguard Group Inc.
lifted its position in shares of Amazon.com by 2.2% during the 4th quarter.
Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock worth $180,637,081,000 after buying an additional 17,635,391 shares during the period. Proficio Capital Partners LLC raised its stake in Amazon.
com by 17,054.5% during the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock worth $2,652,116,000 after acquiring an additional 12,018,120 shares in the last quarter.
Parnassus Investments LLC raised its stake in Amazon.com by 82,457.3% during the third quarter.
Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock worth $2,125,148,000 after acquiring an additional 11,391,479 shares in the last quarter. State Street Corp lifted its holdings in shares of Amazon.com by 3.
3% during 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 acquiring an additional 11,370,309 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Amazon.
com by 3.4% in 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 purchasing an additional 6,545,944 shares in the last quarter.
Institutional investors and hedge funds own 72.20% of the company’s stock. Insiders Place Their BetsIn other news, VP Shelley Reynolds sold 8,833 shares of the company’s stock in a transaction dated Friday, February 21st.
The shares were 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 approximately $26,647,456.60. This represents a 6.
87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J.
Herrington sold 27,500 shares of Amazon.com stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.
27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now owns 497,067 shares of the company’s stock, valued at $114,459,618.
09. The trade was a 5.24 % decrease in their position.
The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.
80% of the stock is currently owned by corporate insiders. Wall Street Analyst Weigh InSeveral brokerages recently issued reports on AMZN. Rosenblatt Securities lifted their price target on shares of Amazon.
com from $236.00 to $287.00 and gave the company a “buy” rating in a report on Friday, February 7th.
Needham & Company LLC reiterated a “buy” rating and issued a $250.00 target price on shares of Amazon.com in a research note on Friday, February 7th.
Cantor Fitzgerald decreased their target price on Amazon.com from $270.00 to $230.
00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Scotiabank cut their price target on Amazon.com from $306.
00 to $250.00 and set a “sector outperform” rating for the company in a report on Monday. Finally, Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.
com in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the stock. According to data from MarketBeat.
com, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $247.56.
Check Out Our Latest Stock Analysis on AMZNAmazon.com Price PerformanceNASDAQ:AMZN opened at $186.54 on Friday.
The stock’s 50-day simple moving average is $194.27 and its 200 day simple moving average is $207.70.
Amazon.com, Inc. has a 52-week low of $151.
61 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.
18, a quick ratio of 0.87 and a current ratio of 1.06.
The company has a market cap of $1.98 trillion, a P/E ratio of 33.73, a P/E/G ratio of 1.
50 and a beta of 1.39. Amazon.
com (NASDAQ:AMZN – Get Free Report) last announced 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%.
As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.
31 EPS for the current fiscal 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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