2 weeks Ago By Defense World Staff
Solitude Financial Services decreased its holdings in Amazon.com, Inc. ( NASDAQ:AMZN ) by 20.
0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,002 shares of the e-commerce giant’s stock after selling 500 shares during the period. Amazon.
com accounts for approximately 0.2% of Solitude Financial Services’ holdings, making the stock its 27th biggest holding. Solitude Financial Services’ holdings in Amazon.
com were worth $439,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Schwarz Dygos Wheeler Investment Advisors LLC raised its position in Amazon.
com by 4.7% during the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 19,551 shares of the e-commerce giant’s stock valued at $4,289,000 after purchasing an additional 875 shares during the period.
NBT Bank N A NY raised its holdings in Amazon.com by 7.6% during the 4th quarter.
NBT Bank N A NY now owns 97,765 shares of the e-commerce giant’s stock valued at $21,449,000 after buying an additional 6,946 shares during the period. Taika Capital LP bought a new stake in Amazon.com in the fourth quarter worth $5,139,000.
Bell Investment Advisors Inc boosted its stake in Amazon.com by 1.9% during the fourth quarter.
Bell Investment Advisors Inc now owns 3,422 shares of the e-commerce giant’s stock worth $751,000 after buying an additional 63 shares during the period. Finally, Ruffer LLP increased its position in Amazon.com by 8.
9% during the fourth quarter. Ruffer LLP now owns 868,184 shares of the e-commerce giant’s stock valued at $190,469,000 after acquiring an additional 70,834 shares during the last quarter. Hedge funds and other institutional investors own 72.
20% of the company’s stock. Analyst Upgrades and Downgrades AMZN has been the subject of a number of recent analyst reports. Oppenheimer lifted their price target on shares of Amazon.
com from $230.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th.
Mizuho dropped their target price on Amazon.com from $285.00 to $255.
00 and set an “outperform” rating for the company in a research report on Wednesday. Robert W. Baird upped their target price on Amazon.
com from $220.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, December 13th.
Needham & Company LLC reissued a “buy” rating and set a $250.00 price target on shares of Amazon.com in a research note on Friday, February 7th.
Finally, Sanford C. Bernstein upped their price objective on Amazon.com from $235.
00 to $265.00 and gave the company an “outperform” rating in a research report on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the stock.
According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $258.19.
Insider Activity at Amazon.com In other Amazon.com news, CEO Andrew R.
Jassy sold 20,784 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90.
This trade represents a 0.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link .
Also, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.
27, for a total transaction of $6,332,425.00. Following the completion of the sale, the chief executive officer now directly owns 497,067 shares in the company, valued at $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 . Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 in the last ninety days. Company insiders own 10.
80% of the company’s stock. Amazon.com Stock Performance AMZN opened at $181.
22 on Friday. The company has a market cap of $1.92 trillion, a P/E ratio of 32.
77, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39.
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’s 50-day moving average price is $205.37 and its 200-day moving average price is $208.
47. Amazon.com, Inc.
has a 52-week low of $151.61 and a 52-week high of $242.52.
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 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%. As a group, equities analysts anticipate that Amazon.com, Inc.
will post 6.31 EPS 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. Featured Stories Five stocks we like better than Amazon.com Basic Materials Stocks Investing Joby Aviation: Operational Momentum vs.
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