1 day Ago By ABMN Staff
Bank of New York Mellon Corp boosted its stake in Amazon.com, Inc. ( NASDAQ:AMZN ) by 0.
4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,745,972 shares of the e-commerce giant’s stock after purchasing an additional 289,532 shares during the period. Amazon.
com makes up about 2.5% of Bank of New York Mellon Corp’s investment portfolio, making the stock its 4th biggest holding. Bank of New York Mellon Corp owned approximately 0.
65% of Amazon.com worth $13,091,909,000 as of its most recent filing with the Securities and Exchange Commission. Several other large investors have also recently added to or reduced their stakes in AMZN.
Vanguard Group Inc. boosted its position in Amazon.com by 1.
9% in the 1st quarter. Vanguard Group Inc. now owns 785,811,114 shares of the e-commerce giant’s stock valued at $141,744,609,000 after buying an additional 14,724,687 shares during the last quarter.
Norges Bank bought a new position in shares of Amazon.com during the fourth quarter worth about $17,700,551,000. Capital Research Global Investors lifted its position in shares of Amazon.
com by 8.5% during the first quarter. Capital Research Global Investors now owns 86,982,857 shares of the e-commerce giant’s stock worth $15,689,968,000 after purchasing an additional 6,810,145 shares during the last quarter.
Jennison Associates LLC lifted its position in shares of Amazon.com by 0.5% during the first quarter.
Jennison Associates LLC now owns 56,666,183 shares of the e-commerce giant’s stock worth $10,221,446,000 after purchasing an additional 295,132 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Amazon.
com by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc.
now owns 51,920,953 shares of the e-commerce giant’s stock worth $7,888,870,000 after purchasing an additional 1,525,922 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Amazon.com Stock Performance NASDAQ AMZN opened at $186.88 on Wednesday.
The stock has a market cap of $1.94 trillion, a P/E ratio of 52.35, a PEG ratio of 1.
39 and a beta of 1.14. The company’s 50-day simple moving average is $178.
97 and its 200 day simple moving average is $181.80. Amazon.
com, Inc. has a twelve month low of $118.35 and a twelve month high of $201.
20. The company has a quick ratio of 0.88, a current ratio of 1.
10 and a debt-to-equity ratio of 0.23. Wall Street Analysts Forecast Growth AMZN has been the topic of several research reports.
Bank of America dropped their price objective on shares of Amazon.com from $220.00 to $210.
00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Rosenblatt Securities raised their target price on shares of Amazon.com from $220.
00 to $221.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Cantor Fitzgerald began coverage on shares of Amazon.
com in a research note on Thursday, September 5th. They issued an “overweight” rating and a $230.00 price objective for the company.
Tigress Financial lifted their target price on shares of Amazon.com from $210.00 to $245.
00 and gave the company a “buy” rating in a research note on Thursday, May 30th. Finally, Stifel Nicolaus decreased their target price on shares of Amazon.com from $228.
00 to $224.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. One analyst has rated the stock with a hold rating, forty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock.
Based on data from MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus price target of $222.49.
Read Our Latest Report on Amazon.com Insiders Place Their Bets In other Amazon.com news, CEO Douglas J.
Herrington sold 3,500 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $195.99, for a total transaction of $685,965.
00. Following the sale, the chief executive officer now directly owns 519,753 shares of the company’s stock, valued at $101,866,390.47.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . In other news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction that occurred on Monday, July 1st.
The shares were sold at an average price of $195.99, for a total transaction of $685,965.00.
Following the sale, the chief executive officer now directly owns 519,753 shares of the company’s stock, valued at $101,866,390.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.
77, for a total transaction of $3,757,123.68. Following the sale, the chief executive officer now directly owns 2,056,534 shares in the company, valued at $371,759,651.
18. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 6,104,317 shares of company stock valued at $1,220,621,322.
10.80% of the stock is currently owned by insiders. 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 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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