1 week Ago By Defense World Staff
EFG Asset Management Americas Corp. trimmed its holdings in Amazon.com, Inc.
(NASDAQ:AMZN) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,101 shares of the e-commerce giant’s stock after selling 2,116 shares during the period.
Amazon.com comprises about 3.5% of EFG Asset Management Americas Corp.
’s investment portfolio, making the stock its 3rd biggest position. EFG Asset Management Americas Corp.’s holdings in Amazon.
com were worth $18,232,000 at the end of the most recent quarter. A number of other hedge funds have also recently made changes to their positions in AMZN. Accordant Advisory Group Inc lifted its stake 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 worth $27,000 after purchasing an additional 100 shares in the last quarter.
Icon Wealth Advisors LLC lifted its position in shares of 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 buying an additional 25,581 shares in the last quarter. 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 last quarter. Compass Planning Associates Inc purchased a new position in Amazon.
com during the 4th quarter valued at approximately $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in Amazon.com in the 4th quarter worth approximately $54,000.
Institutional investors own 72.20% of the company’s stock. Insider Buying and SellingIn related news, CEO Andrew R.
Jassy sold 20,784 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.
60. Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90.
This trade represents a 0.97 % 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 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $187.
99, for a total transaction of $469,975.00. Following the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.
26. This represents a 0.49 % decrease in their position.
The disclosure for this sale can be found here. Insiders have sold a total of 104,798 shares of company stock worth $23,341,803 in the last ninety days. 10.
80% of the stock is owned by insiders. Amazon.com Stock Up 2.
5 %NASDAQ:AMZN opened at $175.26 on Tuesday. The company’s 50-day simple moving average is $210.
97 and its 200-day simple moving average is $209.12. The company has a debt-to-equity ratio of 0.
18, a quick ratio of 0.87 and a current ratio of 1.06.
Amazon.com, Inc. has a fifty-two week low of $151.
61 and a fifty-two week high of $242.52. The stock has a market capitalization of $1.
86 trillion, a P/E ratio of 31.69, a P/E/G ratio of 1.50 and a beta of 1.
39. Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share 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, equities analysts anticipate that Amazon.
com, Inc. will post 6.31 earnings per share for the current fiscal year.
Analysts Set New Price TargetsA number of research firms have recently commented on AMZN. Barclays increased their target price on Amazon.com from $235.
00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, February 7th. Roth Mkm increased their price objective on shares of Amazon.
com from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, December 9th.
Benchmark lifted their price objective on shares of Amazon.com from $215.00 to $265.
00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Canaccord Genuity Group restated a “buy” rating on shares of Amazon.com in a research report on Thursday, February 13th.
Finally, Mizuho increased their price target on shares of Amazon.com from $240.00 to $260.
00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Two equities research analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.
com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $260.53.Read Our Latest Stock Report on AMZNAmazon.
com Company 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 StoriesFive stocks we like better than Amazon.comHow to Invest in Tech Stocks and Top Tech Stocks to ConsiderOptions Activity Points to More Volatility for Palantir StockBest Stocks Under $10.
00 NVIDIA Stock: Oversold, Undervalued — How Low Can It Go?What is the Australian Securities Exchange (ASX) MicroStrategy Sees Insider Buy-Sell Action in Q1Want 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)..
