11,356 Shares in Amazon.com, Inc. (NASDAQ:AMZN) Bought by Wernau Asset Management Inc.

Wernau Asset Management Inc. bought a new stake in Amazon.com, Inc.

( NASDAQ:AMZN – Free Report ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,356 shares of the e-commerce giant’s stock, valued at approximately $2,491,000. Amazon.



com makes up about 1.9% of Wernau Asset Management Inc.’s investment portfolio, making the stock its 10th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMZN. AMF Tjanstepension AB boosted its holdings in shares of Amazon.com by 44.

3% in the 3rd quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock valued at $492,172,000 after buying an additional 811,425 shares during the last quarter. Swedbank AB raised its position in Amazon.

com by 1.4% during the third quarter. Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock worth $2,484,864,000 after acquiring an additional 183,610 shares in the last quarter.

Sassicaia Capital Advisers LLC bought a new stake in Amazon.com during the third quarter worth $279,000. Howard Capital Management Group LLC lifted its stake in Amazon.

com by 0.3% in the third quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock valued at $66,434,000 after acquiring an additional 897 shares during the last quarter.

Finally, Meridian Management Co. grew its position in shares of Amazon.com by 27.

6% in the 3rd quarter. Meridian Management Co. now owns 33,460 shares of the e-commerce giant’s stock valued at $6,235,000 after acquiring an additional 7,246 shares during the period.

72.20% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on the stock.

JPMorgan Chase & Co. raised their target price on shares of Amazon.com from $250.

00 to $280.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. HSBC raised their price objective on Amazon.

com from $225.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, January 13th.

Tigress Financial boosted their target price on Amazon.com from $245.00 to $290.

00 and gave the stock a “buy” rating in a report on Friday, December 20th. Barclays increased their price target on Amazon.com from $235.

00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Finally, Wolfe Research upped their price objective on shares of Amazon.

com from $250.00 to $270.00 and gave the company an “outperform” rating in a report on Friday, January 3rd.

Two analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average target price of $260.

53. Amazon.com Stock Performance NASDAQ:AMZN opened at $178.

41 on Friday. Amazon.com, Inc.

has a twelve month low of $151.61 and a twelve month high of $242.52.

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 stock’s 50-day simple moving average is $213.46 and its 200 day simple moving average is $209.

01. The firm has a market capitalization of $1.89 trillion, a PE ratio of 32.

26, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19.

Amazon.com ( NASDAQ:AMZN – Get Free Report ) last posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.

86 earnings per share for the quarter, beating analysts’ consensus estimates 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. Insider Buying and Selling at Amazon.

com In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated Wednesday, February 12th.

The stock was sold at an average price of $230.27, for a total value of $6,332,425.00.

Following the completion of the transaction, the chief executive officer now directly owns 497,067 shares in the company, valued at approximately $114,459,618.09. This trade represents a 5.

24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction dated Friday, February 21st.

The stock was sold at an average price of $222.47, for a total value of $1,965,077.51.

Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This trade represents a 6.

87 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 104,798 shares of company stock worth $23,341,803 over the last quarter.

Corporate insiders own 10.80% of the company’s stock. 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. Featured Articles Five stocks we like better than Amazon.com 3 Stocks to Consider Buying in October Shares of RH Down Nearly 40%: Where Investors Can Turn To Now 3 Dividend Kings To Consider Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian Upcoming IPO Stock Lockup Period, Explained Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy? Receive News & Ratings for Amazon.

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