2 weeks Ago By Defense World Staff
MRP Capital Investments LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.
3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,430 shares of the e-commerce giant’s stock after acquiring an additional 150 shares during the period. Amazon.
com accounts for 2.3% of MRP Capital Investments LLC’s holdings, making the stock its 11th largest position. MRP Capital Investments LLC’s holdings in Amazon.
com were worth $2,508,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its holdings 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 purchasing an additional 11,370,309 shares during the period.
Geode Capital Management LLC raised its position in shares of Amazon.com by 3.4% in 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 buying an additional 6,545,944 shares in the last quarter. Bank of New York Mellon Corp boosted its stake 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 buying an additional 545,292 shares during the period. Charles Schwab Investment Management Inc.
grew its position in Amazon.com by 4.1% during 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 buying 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 stake 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 acquiring an additional 1,984,592 shares during the period.
Institutional investors own 72.20% of the company’s stock. Insider Buying and Selling at Amazon.
comIn related news, SVP David Zapolsky sold 19,212 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $217.50, for a total transaction of $4,178,610.
00. Following the sale, the senior vice president now owns 49,950 shares of the company’s stock, valued at approximately $10,864,125. This represents a 27.
78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J.
Herrington sold 27,500 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.
00. Following the completion of the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09.
The trade was a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders have sold 104,798 shares of company stock valued at $23,341,803 in the last 90 days. 10.80% of the stock is currently owned by company insiders.
Amazon.com Stock Up 3.5 %Shares of NASDAQ AMZN opened at $173.
18 on Wednesday. The business’s fifty day moving average price is $196.07 and its 200-day moving average price is $207.
85. Amazon.com, Inc.
has a one year low of $151.61 and a one year high of $242.52.
The stock has a market capitalization of $1.84 trillion, a PE ratio of 31.32, a P/E/G ratio of 1.
50 and a beta of 1.39. The company has a debt-to-equity ratio of 0.
18, a current ratio of 1.06 and a quick ratio of 0.87.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34.
Amazon.com had a net margin of 9.29% and a return on equity of 24.
25%. On average, equities research analysts anticipate that Amazon.com, Inc.
will post 6.31 EPS for the current year. Analysts Set New Price TargetsA number of analysts have recently weighed in on the company.
JMP Securities cut their target price on Amazon.com from $285.00 to $240.
00 and set a “market outperform” rating for the company in a research report on Monday, April 14th. Raymond James reiterated an “outperform” rating and set a $195.00 price objective (down from $275.
00) on shares of Amazon.com in a research note on Monday. Truist Financial dropped their target price on shares of Amazon.
com from $265.00 to $230.00 and set a “buy” rating for the company in a research report on Thursday, April 10th.
Scotiabank reduced their price target on shares of Amazon.com from $306.00 to $250.
00 and set a “sector outperform” rating on the stock in a research report on Monday. Finally, Royal Bank of Canada lifted their price objective on shares of Amazon.com from $255.
00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock.
Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and a consensus target price of $248.
96.Get Our Latest Stock Report 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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