22 hours Ago By ABMN Staff
Levin Capital Strategies L.P. increased its stake in shares of Amazon.
com, Inc. ( NASDAQ:AMZN ) by 0.7% during the 4th quarter, HoldingsChannel.
com reports. The fund owned 124,609 shares of the e-commerce giant’s stock after purchasing an additional 868 shares during the period. Amazon.
com makes up approximately 2.6% of Levin Capital Strategies L.P.
’s holdings, making the stock its 10th biggest holding. Levin Capital Strategies L.P.
’s holdings in Amazon.com were worth $27,338,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN.
Accordant Advisory Group Inc boosted its stake in shares of Amazon.com by 400.0% in the fourth quarter.
Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after purchasing an additional 100 shares during the period. Icon Wealth Advisors LLC boosted its position in Amazon.com by 20.
5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after buying an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC grew its stake in shares of 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 acquiring an additional 45 shares in the last quarter.
Compass Planning Associates Inc acquired a new stake in shares of Amazon.com during the fourth quarter valued at about $51,000. Finally, Iron Horse Wealth Management LLC lifted its stake in shares of Amazon.
com by 64.4% in the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock worth $63,000 after acquiring an additional 112 shares in the last quarter.
Hedge funds and other institutional investors own 72.20% of the company’s stock. Amazon.
com Stock Up 1.0 % Amazon.com stock opened at $192.
17 on Wednesday. The company’s 50-day moving average price is $215.38 and its two-hundred day moving average price is $209.
31. The stock has a market cap of $2.04 trillion, a price-to-earnings ratio of 34.
75, a PEG ratio of 1.50 and a beta of 1.19.
Amazon.com, Inc. has a 52 week low of $151.
61 and a 52 week high of $242.52. The company has a current ratio of 1.
06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.
Analysts Set New Price Targets A number of equities research analysts have weighed in on the company. TD Cowen raised their price objective on Amazon.com from $240.
00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. JPMorgan Chase & Co.
raised their price target on shares of Amazon.com from $250.00 to $280.
00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. UBS Group upped their price target on shares of Amazon.com from $230.
00 to $264.00 and gave the company a “buy” rating in a report on Monday, December 16th. Loop Capital raised their price objective on shares of Amazon.
com from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th.
Finally, BMO Capital Markets restated an “outperform” rating and issued a $236.00 target price on shares of Amazon.com in a research note on Tuesday, December 3rd.
Two analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average price target of $260.
53. Check Out Our Latest Analysis on Amazon.com Insider Activity In other Amazon.
com news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.
90. This represents a 0.97 % decrease in their position.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.
com stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction 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 $114,459,618.09.
This represents a 5.24 % decrease in their position. The disclosure for this sale can be found here .
In the last ninety days, insiders have sold 102,298 shares of company stock worth $22,871,828. 10.80% of the stock is owned by company insiders.
About Amazon.com ( 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. Further Reading 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 ).
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