2 weeks Ago By ABMN Staff
Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 3.
3% during the 4th quarter, HoldingsChannel reports. The firm owned 5,812,458 shares of the e-commerce giant’s stock after purchasing an additional 184,902 shares during the quarter. Amazon.
com comprises 3.6% of Zurcher Kantonalbank Zurich Cantonalbank’s holdings, making the stock its 5th biggest position. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Amazon.
com were worth $1,275,195,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp increased its holdings in shares of Amazon.
com by 3.3% during the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after purchasing an additional 11,370,309 shares during the period.
Geode Capital Management LLC grew its stake in shares of Amazon.com by 3.4% in the 3rd quarter.
Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after purchasing an additional 6,545,944 shares during the period. Bank of New York Mellon Corp raised its stake in Amazon.com by 0.
8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock worth $14,719,407,000 after acquiring an additional 545,292 shares in the last quarter. Charles Schwab Investment Management Inc.
increased its position in shares of Amazon.com by 4.1% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 59,638,207 shares of the e-commerce giant’s stock worth $13,084,026,000 after purchasing an additional 2,330,113 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Amazon.
com by 3.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant’s stock worth $10,776,201,000 after buying an additional 1,984,592 shares in the last quarter.
72.20% of the stock is currently owned by institutional investors and hedge funds. Insider Activity at Amazon.
com In other news, CEO Douglas J. Herrington sold 5,501 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.
44, for a total transaction of $1,256,648.44. Following the completion of the transaction, the chief executive officer now directly owns 505,318 shares in the company, valued at approximately $115,434,843.
92. This represents a 1.08 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $217.
50, for a total value of $4,178,610.00. Following the sale, the senior vice president now directly owns 49,950 shares in the company, valued at approximately $10,864,125.
This trade represents a 27.78 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold a total of 104,798 shares of company stock valued at $23,341,803 in the last quarter. Insiders own 10.80% of the company’s stock.
Amazon.com Price Performance 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, beating the consensus estimate of $1.52 by $0.
34. Amazon.com had a return on equity of 24.
25% and a net margin of 9.29%. As a group, research analysts expect that Amazon.
com, Inc. will post 6.31 EPS for the current fiscal year.
Analyst Upgrades and Downgrades A number of analysts have recently weighed in on AMZN shares. Phillip Securities lowered Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 10th.
Stifel Nicolaus increased their target price on Amazon.com from $245.00 to $275.
00 and gave the company a “buy” rating in a research note on Friday, February 7th. Raymond James lifted their price target on shares of Amazon.com from $260.
00 to $275.00 in a research report on Monday, February 10th. Wells Fargo & Company decreased their price objective on Amazon.
com from $207.00 to $203.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 25th.
Finally, Bank of America cut their price target on Amazon.com from $257.00 to $225.
00 and set a “buy” rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.
19. Check Out Our Latest Stock Analysis on Amazon.com 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. See Also 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 .
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