1 week Ago By ABMN Staff
Morey & Quinn Wealth Partners LLC acquired a new position in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The firm acquired 11,706 shares of the e-commerce giant’s stock, valued at approximately $2,568,000. Amazon.com comprises about 2.
2% of Morey & Quinn Wealth Partners LLC’s investment portfolio, making the stock its 10th biggest position. A number of other hedge funds and other institutional investors have also made changes to their positions in AMZN. Accordant Advisory Group Inc boosted its holdings in shares of Amazon.
com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter.
Icon Wealth Advisors LLC raised its position 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 worth $28,000 after buying an additional 25,581 shares during the period. Quattro Financial Advisors LLC raised its position in shares of Amazon.com by 23.
8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 45 shares during the period. Compass Planning Associates Inc acquired a new position in Amazon.
com in the fourth quarter valued at $51,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in Amazon.com during the fourth quarter valued at about $54,000.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Wall Street Analyst Weigh In A number of equities analysts have recently commented on the company.
Canaccord Genuity Group restated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Jefferies Financial Group cut their price target on shares of Amazon.
com from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd.
Mizuho decreased their price objective on shares of Amazon.com from $285.00 to $255.
00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Stifel Nicolaus cut their target price on shares of Amazon.com from $275.
00 to $248.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Telsey Advisory Group reduced their target price on shares of Amazon.
com from $275.00 to $235.00 and set an “outperform” rating on the stock in a report on Wednesday.
Two 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $247.56.
Amazon.com Stock Performance AMZN opened at $188.99 on Friday.
Amazon.com, Inc. has a twelve month low of $151.
61 and a twelve month high of $242.52. The stock has a market cap of $2.
00 trillion, a PE ratio of 34.18, a price-to-earnings-growth ratio of 1.50 and a beta of 1.
39. The business’s 50 day moving average is $193.52 and its 200-day moving average is $207.
90. The company has a current ratio of 1.06, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.18. 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, 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%.
On average, analysts predict that Amazon.com, Inc. will post 6.
31 earnings per share for the current year. Insider Buying and Selling In other news, CEO Andrew R. Jassy sold 20,784 shares of the business’s stock in a transaction on Friday, February 21st.
The stock was sold at an average price of $220.65, for a total value of $4,585,989.60.
Following the sale, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. The trade was a 0.
97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, CEO Douglas J.
Herrington sold 27,500 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at $114,459,618.09.
This represents a 5.24 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold 104,798 shares of company stock valued at $23,341,803 over the last 90 days. 10.80% of the stock is currently owned by company insiders.
Amazon.com Company 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. See Also 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 ).
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