2 weeks Ago By Defense World Staff
Xponance Inc. lifted its position in Amazon.com, Inc.
(NASDAQ:AMZN – Free Report) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,315,548 shares of the e-commerce giant’s stock after acquiring an additional 72,558 shares during the quarter.
Amazon.com accounts for approximately 4.6% of Xponance Inc.
’s investment portfolio, making the stock its 4th largest holding. Xponance Inc.’s holdings in Amazon.
com were worth $508,008,000 at the end of the most recent quarter. A number of other hedge funds also recently added to or reduced their stakes in AMZN. Accordant Advisory Group Inc lifted its stake in shares of Amazon.
com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter.
Icon Wealth Advisors LLC raised its holdings in Amazon.com by 20.5% in the third 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 in the last quarter. Quattro Financial Advisors LLC raised its holdings in Amazon.com by 23.
8% in the fourth 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 in the last quarter. Compass Planning Associates Inc purchased a new stake in shares of Amazon.
com during the fourth quarter valued at about $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at about $54,000.
72.20% of the stock is owned by hedge funds and other institutional investors. Insider Buying and SellingIn other Amazon.
com news, CFO Brian T. Olsavsky sold 14,620 shares of Amazon.com stock in a transaction on Friday, February 21st.
The shares were sold at an average price of $223.14, for a total transaction of $3,262,306.80.
Following the sale, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $10,933,860. The trade was a 22.98 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated 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 owns 497,067 shares of the company’s stock, 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. In the last three months, insiders have sold 104,798 shares of company stock worth $23,341,803.
Insiders own 10.80% of the company’s stock. Analyst Upgrades and DowngradesA number of equities research analysts recently commented on AMZN shares.
Royal Bank of Canada increased their target price on shares of Amazon.com from $255.00 to $265.
00 and gave the company an “outperform” rating in a research report on Friday, February 7th. DA Davidson decreased their price objective on Amazon.com from $280.
00 to $230.00 and set a “buy” rating for the company in a report on Monday, April 14th. JPMorgan Chase & Co.
lowered their price objective on Amazon.com from $270.00 to $220.
00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Truist Financial reduced their target price on Amazon.com from $265.
00 to $230.00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Finally, HSBC raised their price target on Amazon.
com from $225.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, January 13th.
Two research analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $252.
73.Read Our Latest Report on AMZNAmazon.com Stock Down 1.
0 %Amazon.com stock opened at $172.51 on Friday.
Amazon.com, Inc. has a 12 month low of $151.
61 and a 12 month high of $242.52. The stock has a market capitalization of $1.
83 trillion, a PE ratio of 31.19, 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 current ratio of 1.
06 and a quick ratio of 0.87. The business has a 50 day simple moving average of $198.
44 and a 200-day simple moving average of $208.04. Amazon.
com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data 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%.
On average, analysts anticipate that Amazon.com, Inc. will post 6.
31 EPS for the current fiscal year. Amazon.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). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
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