2 weeks Ago By Defense World Staff
Paragon Private Wealth Management LLC raised its position in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 11.
0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,885 shares of the e-commerce giant’s stock after acquiring an additional 2,365 shares during the period. Amazon.
com comprises approximately 2.4% of Paragon Private Wealth Management LLC’s holdings, making the stock its 7th largest holding. Paragon Private Wealth Management LLC’s holdings in Amazon.
com were worth $5,240,000 at the end of the most recent reporting period. A number of other hedge funds also recently modified their holdings of AMZN. State Street Corp increased its stake in Amazon.
com by 3.3% in 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.
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. Bank of New York Mellon Corp boosted its position in 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 in the last quarter. Charles Schwab Investment Management Inc.
grew its stake 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 during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Amazon.
com by 3.6% during the third 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 buying an additional 1,984,592 shares in the last quarter.
Institutional investors own 72.20% of the company’s stock. Wall Street Analyst Weigh In A number of equities research analysts recently commented on AMZN shares.
Wells Fargo & Company decreased their price target on Amazon.com from $207.00 to $203.
00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 25th. Phillip Securities cut Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 10th.
DA Davidson raised their target price on Amazon.com from $235.00 to $280.
00 and gave the company a “buy” rating in a research note on Friday, February 7th. Jefferies Financial Group reduced their price target on shares of Amazon.com from $275.
00 to $250.00 and set a “buy” rating on the stock in a research report on Monday, March 31st. Finally, Oppenheimer raised their price objective on shares of Amazon.
com from $230.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, February 7th.
Two investment analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $258.
19. Amazon.com Stock Down 5.
2 % Shares of AMZN stock opened at $181.22 on Friday. Amazon.
com, Inc. has a 12-month low of $151.61 and a 12-month 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 firm has a fifty day moving average of $205.
37 and a 200-day moving average of $208.47. The company has a market capitalization of $1.
92 trillion, a price-to-earnings ratio of 32.77, a P/E/G ratio of 1.50 and a beta of 1.
39. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its 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%. As a group, equities research analysts predict that Amazon.
com, Inc. will post 6.31 earnings per share for the current fiscal year.
Insider Activity at Amazon.com In other Amazon.com news, CEO Douglas J.
Herrington sold 27,500 shares of the company’s 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 completion of the transaction, the chief executive officer now 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 transaction was disclosed in a legal filing with the SEC, which is available through this link .
Also, SVP David Zapolsky sold 19,212 shares of Amazon.com 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 completion of the sale, the senior vice president now owns 49,950 shares in the company, valued at $10,864,125.
This trade represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last quarter, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by insiders.
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. Featured Articles Five stocks we like better than Amazon.
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