2 weeks Ago By Defense World Staff
Vinva Investment Management Ltd raised its stake in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 9.
4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 477,232 shares of the e-commerce giant’s stock after buying an additional 41,154 shares during the quarter. Amazon.
com comprises 4.1% of Vinva Investment Management Ltd’s portfolio, making the stock its 4th largest holding. Vinva Investment Management Ltd’s holdings in Amazon.
com were worth $105,611,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Accordant Advisory Group Inc boosted its holdings in Amazon.
com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after purchasing an additional 100 shares during the period.
Compass Planning Associates Inc purchased a new stake in shares of Amazon.com in the fourth quarter worth $51,000. Quattro Financial Advisors LLC boosted its stake in Amazon.
com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after buying an additional 45 shares during the period.
Halbert Hargrove Global Advisors LLC purchased a new position in Amazon.com during the fourth quarter worth about $54,000. Finally, Iron Horse Wealth Management LLC increased its stake in 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 worth $63,000 after acquiring an additional 112 shares during the last quarter.
72.20% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In A number of analysts have recently issued reports on AMZN shares.
Royal Bank of Canada lifted their price target on Amazon.com from $255.00 to $265.
00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Jefferies Financial Group dropped their target price on shares of Amazon.com from $275.
00 to $250.00 and set a “buy” rating for the company in a research report on Monday, March 31st. Oppenheimer increased their price target on shares of Amazon.
com from $230.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, February 7th.
Maxim Group raised their price objective on shares of Amazon.com from $260.00 to $280.
00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Cantor Fitzgerald cut 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. Two equities research analysts have rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the stock.
According to data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $252.73.
Amazon.com Price Performance AMZN opened at $172.51 on Friday.
The firm has a market cap of $1.83 trillion, a PE ratio of 31.19, a P/E/G ratio of 1.
50 and a beta of 1.39. The stock has a 50-day moving average price of $198.
44 and a 200-day moving average price of $208.04. Amazon.
com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.
52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.
06 and a quick ratio of 0.87. 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%.
Sell-side analysts predict that Amazon.com, Inc. will post 6.
31 earnings per share for the current fiscal year. Insider Activity at Amazon.com In related news, CEO Douglas J.
Herrington sold 27,500 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09.
This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website .
Also, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction that occurred 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 sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at approximately $26,647,456.
60. This trade represents a 6.87 % decrease in their position.
The disclosure for this sale can be found here . In the last three months, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.
80% of the stock is owned by corporate insiders. 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.
Recommended Stories Five stocks we like better than Amazon.com What is a Special Dividend? J.B.
Hunt Transport Overcorrects Into a Buying Opportunity A Deeper Look at Bid-Ask Spreads AppLovin: Can Record Profits Overcome Market Skepticism? How Investors Can Identify and Successfully Trade Gap-Down Stocks MarketBeat Week in Review – 04/14 – 04/18 Want 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 ). Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.
com and related companies with MarketBeat.com's FREE daily email newsletter ..
