2 weeks Ago By Defense World Staff
Towercrest Capital Management boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 5.
1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,025 shares of the e-commerce giant’s stock after acquiring an additional 293 shares during the quarter. Towercrest Capital Management’s holdings in Amazon.
com were worth $1,322,000 as of its most recent SEC filing. Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc.
grew its stake in shares of Amazon.com by 2.2% during the 4th quarter.
Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock worth $180,637,081,000 after acquiring an additional 17,635,391 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in Amazon.
com by 17,054.5% during the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock worth $2,652,116,000 after purchasing an additional 12,018,120 shares during the last quarter.
Parnassus Investments LLC grew its position in Amazon.com by 82,457.3% in the third quarter.
Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock valued at $2,125,148,000 after purchasing an additional 11,391,479 shares in the last quarter. State Street Corp increased its stake in Amazon.com by 3.
3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Amazon.
com by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after buying an additional 6,545,944 shares in the last quarter.
72.20% of the stock is owned by institutional investors. Insider ActivityIn related news, CEO Douglas J.
Herrington sold 2,500 shares of Amazon.com stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.
99, for a total transaction of $469,975.00. Following the completion of the transaction, the chief executive officer now owns 509,474 shares of the company’s stock, valued at $95,776,017.
26. This trade represents a 0.49 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction 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 sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.
97 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,798 shares of company stock valued at $23,341,803.
Company insiders own 10.80% of the company’s stock. Amazon.
com Stock PerformanceShares of AMZN stock opened at $186.54 on Friday. The business’s 50-day moving average price is $194.
27 and its 200-day moving average price is $207.70. The firm has a market capitalization of $1.
98 trillion, a price-to-earnings ratio of 33.73, a PEG ratio of 1.50 and a beta of 1.
39. Amazon.com, Inc.
has a 12 month low of $151.61 and a 12 month high of $242.52.
The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.
18. Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts forecast that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Analysts Set New Price TargetsAMZN has been the topic of a number of recent research reports. Telsey Advisory Group lowered their target price on Amazon.com from $275.
00 to $235.00 and set an “outperform” rating on the stock in a research report on Wednesday. Jefferies Financial Group lowered their price target on Amazon.
com from $250.00 to $240.00 and set a “buy” rating on the stock in a research report on Tuesday.
Raymond James reiterated an “outperform” rating and set a $195.00 price objective (down previously from $275.00) on shares of Amazon.
com in a research note on Monday. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Amazon.com from $287.
00 to $206.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Mizuho dropped their price target on shares of Amazon.
com from $285.00 to $255.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th.
Two equities research analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.
com has a consensus rating of “Moderate Buy” and a consensus price target of $247.56.Read Our Latest Stock Analysis on AMZNAbout 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.comWhat Does Downgrade Mean in Investing?2 Strong Utilities Plays With Booming Earnings and Room to GrowHow to Invest in Small Cap Stocks Why Smart Investors Don’t Panic in Election Season10 Best Airline Stocks to BuyNow Is the Time to Buy ServiceNow—The Rebound Is Real.
