2 weeks Ago By Defense World Staff
Runnymede Capital Advisors Inc. acquired a new stake in Amazon.com, Inc.
(NASDAQ:AMZN – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,914 shares of the e-commerce giant’s stock, valued at approximately $7,660,000. Amazon.
com accounts for 6.7% of Runnymede Capital Advisors Inc.’s investment portfolio, making the stock its 3rd largest position.
Other large investors have also bought and sold shares of the company. Accordant Advisory Group Inc raised its position in shares of Amazon.com by 400.
0% during the fourth 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. Icon Wealth Advisors LLC lifted its position in shares of Amazon.
com by 20.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after purchasing an additional 25,581 shares during the period.
Quattro Financial Advisors LLC lifted its position in shares of Amazon.com by 23.8% in 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 during the period. Compass Planning Associates Inc bought a new stake in shares of Amazon.com in the 4th quarter valued at $51,000.
Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth $54,000. 72.
20% of the stock is owned by institutional investors. Amazon.com Stock PerformanceNASDAQ AMZN opened at $173.
18 on Wednesday. The company has a market capitalization of $1.84 trillion, a PE ratio of 31.
32, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39.
The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.
06. Amazon.com, Inc.
has a 52-week low of $151.61 and a 52-week high of $242.52.
The company has a 50-day simple moving average of $196.07 and a 200 day simple moving average of $207.85.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly 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, research analysts predict that Amazon.com, Inc.
will post 6.31 EPS for the current year. Insider Buying and Selling at Amazon.
comIn related news, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction dated 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 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew R.
Jassy sold 20,784 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were 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 approximately $467,532,195.90.
This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders have sold a total of 104,798 shares of company stock worth $23,341,803 over the last ninety days. 10.80% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh InA number of analysts have commented on the stock. Truist Financial cut their price target on shares of Amazon.com from $265.
00 to $230.00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Morgan Stanley cut their target price on Amazon.
com from $280.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th.
Mizuho lowered their target price on Amazon.com from $285.00 to $255.
00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Cantor Fitzgerald dropped their price target on Amazon.com from $270.
00 to $230.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Finally, Wolfe Research raised their price objective on shares of Amazon.
com from $250.00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd.
Two research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $248.
96.Check Out Our Latest Stock Report on Amazon.comAmazon.
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).
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