10 hours Ago By ABMN Staff
Luken Investment Analytics LLC lifted its stake in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 8.
0% during the 4th quarter, HoldingsChannel reports. The firm owned 4,750 shares of the e-commerce giant’s stock after purchasing an additional 350 shares during the quarter. Amazon.
com comprises 0.5% of Luken Investment Analytics LLC’s investment portfolio, making the stock its 23rd biggest position. Luken Investment Analytics LLC’s holdings in Amazon.
com were worth $1,042,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sonora Investment Management Group LLC boosted its holdings in shares of Amazon.
com by 2.7% during the 4th quarter. Sonora Investment Management Group LLC now owns 113,802 shares of the e-commerce giant’s stock worth $24,967,000 after purchasing an additional 2,996 shares during the last quarter.
Fortune Financial Advisors LLC boosted its holdings in shares of Amazon.com by 1.2% during the 4th quarter.
Fortune Financial Advisors LLC now owns 11,271 shares of the e-commerce giant’s stock worth $2,473,000 after purchasing an additional 137 shares during the last quarter. FSA Advisors Inc. boosted its holdings in shares of Amazon.
com by 52.3% during the 4th quarter. FSA Advisors Inc.
now owns 3,510 shares of the e-commerce giant’s stock worth $770,000 after purchasing an additional 1,205 shares during the last quarter. Norris Perne & French LLP MI boosted its holdings in shares of Amazon.com by 5.
8% during the 4th quarter. Norris Perne & French LLP MI now owns 230,748 shares of the e-commerce giant’s stock worth $50,624,000 after purchasing an additional 12,553 shares during the last quarter. Finally, Donald L.
Hagan LLC boosted its holdings in shares of Amazon.com by 2.4% during the 4th quarter.
Donald L. Hagan LLC now owns 3,659 shares of the e-commerce giant’s stock worth $803,000 after purchasing an additional 85 shares during the last quarter. 72.
20% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and Selling In other Amazon.com news, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction dated Monday, December 9th.
The shares were sold at an average price of $229.85, for a total value of $1,000,077.35.
Following the completion of the transaction, the director now directly owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. This trade represents a 4.
70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, CEO Douglas J.
Herrington sold 5,501 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $115,434,843.92.
This trade represents a 1.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold 40,852 shares of company stock valued at $9,324,151 over the last ninety days. Corporate insiders own 10.80% of the company’s stock.
Amazon.com Trading Down 2.8 % 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 (EPS) for the quarter, topping 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%.
Equities research analysts expect that Amazon.com, Inc. will post 6.
31 EPS for the current year. Analyst Upgrades and Downgrades AMZN has been the topic of several analyst reports. Maxim Group lifted their price target on shares of Amazon.
com from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th.
Roth Mkm lifted their price target 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. HSBC lifted their price target on shares of 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 lifted their price target on shares of Amazon.
com from $245.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, December 20th.
Finally, Wolfe Research lifted their price target on shares of Amazon.com from $250.00 to $270.
00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.
com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $260.74. Get Our Latest 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 ).
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