2 weeks Ago By Defense World Staff
Oxford Financial Group LTD. LLC cut its stake in Amazon.com, Inc.
( NASDAQ:AMZN – Free Report ) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,221 shares of the e-commerce giant’s stock after selling 1,749 shares during the period.
Oxford Financial Group LTD. LLC’s holdings in Amazon.com were worth $5,753,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the stock. One Charles Private Wealth Services LLC boosted its position in Amazon.com by 9.
5% in the 4th quarter. One Charles Private Wealth Services LLC now owns 12,085 shares of the e-commerce giant’s stock valued at $2,651,000 after buying an additional 1,048 shares during the period. Gutierrez Wealth Advisory LLC bought a new stake in shares of Amazon.
com during the fourth quarter valued at approximately $244,000. Vickerman Investment Advisors Inc. purchased a new stake in shares of Amazon.
com in the fourth quarter valued at approximately $246,000. Loudon Investment Management LLC bought a new position in Amazon.com in the fourth quarter worth approximately $215,000.
Finally, Truepoint Inc. increased its holdings in Amazon.com by 5.
0% during the 4th quarter. Truepoint Inc. now owns 7,291 shares of the e-commerce giant’s stock worth $1,600,000 after purchasing an additional 350 shares during the period.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Analysts Set New Price Targets AMZN has been the topic of a number of recent research reports.
Wedbush reissued an “outperform” rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, February 7th.
Jefferies Financial Group dropped their target price on shares of Amazon.com from $250.00 to $240.
00 and set a “buy” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. reduced their price target on shares of Amazon.
com from $270.00 to $220.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th.
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, Wolfe Research boosted their price objective on shares of Amazon.com from $250.
00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Two analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company.
Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $248.
96. Amazon.com Stock Performance NASDAQ AMZN opened at $173.
18 on Wednesday. Amazon.com, Inc.
has a fifty-two week low of $151.61 and a fifty-two 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 firm has a market capitalization of $1.84 trillion, a P/E ratio of 31.
32, a PEG ratio of 1.50 and a beta of 1.39.
The stock has a 50-day simple moving average of $196.07 and a two-hundred day simple moving average of $207.85.
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 forecast 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 firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.
60. Following the sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90.
This trade represents a 0.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .
Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.
99, for a total value of $469,975.00. Following the completion of the transaction, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at $95,776,017.
26. The trade was a 0.49 % 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. Corporate 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.
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