2 weeks Ago By Defense World Staff
PDS Planning Inc increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.
3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,057 shares of the e-commerce giant’s stock after purchasing an additional 609 shares during the period. Amazon.
com makes up 0.9% of PDS Planning Inc’s portfolio, making the stock its 25th biggest position. PDS Planning Inc’s holdings in Amazon.
com were worth $10,104,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently made changes to their positions in the company. Accordant Advisory Group Inc grew its holdings in Amazon.
com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after acquiring an additional 100 shares during the last quarter.
Compass Planning Associates Inc acquired a new stake in Amazon.com during the 4th quarter worth approximately $51,000. Quattro Financial Advisors LLC increased its holdings in Amazon.
com by 23.8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares in the last quarter.
Halbert Hargrove Global Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter worth approximately $54,000. Finally, Iron Horse Wealth Management LLC grew its holdings in shares of Amazon.
com by 64.4% in the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after acquiring an additional 112 shares in the last quarter.
Institutional investors and hedge funds own 72.20% of the company’s stock. Amazon.
com Price PerformanceShares of AMZN opened at $172.51 on Friday. The firm has a market cap of $1.
83 trillion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 1.50 and a beta of 1.
39. 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 business’s 50 day moving average price is $198.44 and its two-hundred day moving average price is $208.
04. 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 (EPS) for the quarter, topping the consensus estimate 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 analysts anticipate that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Analysts Set New Price TargetsSeveral research analysts recently commented on AMZN shares. Deutsche Bank Aktiengesellschaft reduced their price target on Amazon.com from $287.
00 to $206.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Wells Fargo & Company lowered their target price on shares of Amazon.
com from $207.00 to $203.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 25th.
Loop Capital boosted their price objective on shares of Amazon.com from $275.00 to $285.
00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Needham & Company LLC reissued a “buy” rating and set a $250.00 price target on shares of Amazon.
com in a research report on Friday, February 7th. Finally, Citigroup reduced their target price on Amazon.com from $273.
00 to $225.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Two investment analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company’s stock.
According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $252.73.Check Out Our Latest Stock Report on Amazon.
comInsiders Place Their BetsIn other Amazon.com news, CFO Brian T. Olsavsky sold 14,620 shares of Amazon.
com stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $223.14, for a total transaction of $3,262,306.
80. Following the completion of the transaction, the chief financial officer now owns 49,000 shares in the company, valued at approximately $10,933,860. The trade was a 22.
98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J.
Herrington sold 27,500 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09.
This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Over the last quarter, insiders have sold 104,798 shares of company stock worth $23,341,803. Corporate insiders own 10.80% of the company’s stock.
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.Read MoreFive stocks we like better than Amazon.
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