1 week Ago By Defense World Staff
Private Harbour Investment Management & Counsel LLC decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.
3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,151 shares of the e-commerce giant’s stock after selling 677 shares during the quarter. Amazon.
com comprises approximately 3.6% of Private Harbour Investment Management & Counsel LLC’s investment portfolio, making the stock its 10th biggest position. Private Harbour Investment Management & Counsel LLC’s holdings in Amazon.
com were worth $3,324,000 at the end of the most recent reporting period. Several other hedge funds have also added to or reduced their stakes in the company. Cable Hill Partners LLC raised its holdings in Amazon.
com by 0.5% in the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after buying an additional 44 shares during the last quarter.
Quattro Financial Advisors LLC increased its position in Amazon.com by 23.8% in the 4th quarter.
Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 45 shares during the period. Northern Capital Management Inc. raised its stake in shares of Amazon.
com by 0.6% during the fourth quarter. Northern Capital Management Inc.
now owns 7,353 shares of the e-commerce giant’s stock valued at $1,613,000 after acquiring an additional 45 shares during the last quarter. White Wing Wealth Management lifted its holdings in shares of Amazon.com by 2.
4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock worth $433,000 after purchasing an additional 47 shares during the period. Finally, MBM Wealth Consultants LLC grew its stake in shares of Amazon.
com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after purchasing an additional 48 shares during the last quarter.
72.20% of the stock is owned by institutional investors and hedge funds. Insider Transactions at Amazon.
comIn other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.
47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $26,647,456.
60. This represents a 6.87 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction on Tuesday, April 1st.
The shares were sold at an average price of $187.99, for a total value of $469,975.00.
Following the completion of the sale, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. The trade was a 0.
49 % 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 worth $23,341,803 in the last ninety days.
Company insiders own 10.80% of the company’s stock. Analyst Ratings ChangesAMZN has been the subject of several analyst reports.
Morgan Stanley lowered their target price on Amazon.com from $280.00 to $245.
00 and set an “overweight” rating for the company in a research report on Monday, April 14th. Citigroup cut their price objective on Amazon.com from $273.
00 to $225.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Cantor Fitzgerald decreased their target price on shares of Amazon.
com from $270.00 to $230.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th.
Truist Financial lowered their price target on shares of Amazon.com from $265.00 to $230.
00 and set a “buy” rating for the company in a report on Thursday, April 10th. Finally, Bank of America reduced their price objective on shares of Amazon.com from $257.
00 to $225.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company.
According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $247.56.View Our Latest Report on Amazon.
comAmazon.com Trading Up 1.3 %NASDAQ:AMZN opened at $188.
99 on Friday. Amazon.com, Inc.
has a 52 week low of $151.61 and a 52 week high of $242.52.
The firm has a 50-day moving average price of $193.52 and a two-hundred day moving average price of $207.90.
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 cap of $2.00 trillion, a price-to-earnings ratio of 34.
18, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 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 expect that Amazon.com, Inc.
will post 6.31 earnings per share for the current fiscal year. 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.See AlsoFive stocks we like better than Amazon.comInsider Buying Explained: What Investors Need to KnowMarkets Think Robinhood Earnings Could Send the Stock UpHow to Effectively Use the MarketBeat Ratings ScreenerChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Stock Splits, Do They Really Impact Investors?AT&T: Subscriber Growth & Buybacks Signal Bullish TurnaroundWant 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).
.
