22 hours Ago By Defense World Staff
Keynote Financial Services LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 0.
7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,368 shares of the e-commerce giant’s stock after buying an additional 58 shares during the period. Amazon.
com makes up approximately 1.4% of Keynote Financial Services LLC’s holdings, making the stock its 14th largest position. Keynote Financial Services LLC’s holdings in Amazon.
com were worth $1,836,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors have also recently made changes to their positions in AMZN. Cable Hill Partners LLC grew its holdings in Amazon.
com by 0.5% during the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after buying an additional 44 shares during the last quarter.
Quattro Financial Advisors LLC lifted its position in shares of Amazon.com by 23.8% in 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. White Wing Wealth Management boosted its stake in shares of Amazon.com by 2.
4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after acquiring an additional 47 shares during the last quarter. MBM Wealth Consultants LLC increased its position in Amazon.
com by 0.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after purchasing an additional 48 shares in the last quarter.
Finally, Semus Wealth Partners LLC increased its position in Amazon.com by 0.3% during the 3rd quarter.
Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after purchasing an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Amazon.com Price PerformanceAMZN stock opened at $192.17 on Wednesday.
The stock’s 50 day moving average is $215.38 and its two-hundred day moving average is $209.31.
Amazon.com, Inc. has a 52-week low of $151.
61 and a 52-week high of $242.52. The company has a market capitalization of $2.
04 trillion, a PE ratio of 34.75, a P/E/G ratio of 1.50 and a beta of 1.
19. The company has a quick ratio of 0.87, a current ratio of 1.
06 and a debt-to-equity ratio of 0.18. Amazon.
com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping 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%.
Analysts predict that Amazon.com, Inc. will post 6.
31 earnings per share for the current fiscal year. Insider Transactions at Amazon.comIn other Amazon.
com news, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $228.
44, for a total transaction of $1,256,648.44. Following the transaction, the chief executive officer now owns 505,318 shares of the company’s stock, valued at $115,434,843.
92. This trade represents a 1.08 % decrease in their position.
The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $222.
47, for a total value of $1,965,077.51. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $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. In the last 90 days, insiders sold 102,298 shares of company stock valued at $22,871,828. Insiders own 10.
80% of the company’s stock. Analysts Set New Price TargetsSeveral equities research analysts have issued reports on AMZN shares. Jefferies Financial Group decreased their price target on shares of Amazon.
com from $275.00 to $250.00 and set a “buy” rating on the stock in a research note on Monday.
Wedbush restated an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, February 7th.
Piper Sandler reiterated an “overweight” rating and issued a $265.00 price target (up from $225.00) on shares of Amazon.
com in a report on Friday, February 7th. BMO Capital Markets restated an “outperform” rating and set a $236.00 price objective on shares of Amazon.
com in a report on Tuesday, December 3rd. Finally, Scotiabank lifted their price objective on Amazon.com from $246.
00 to $306.00 and gave the company a “sector outperform” rating in a research report on Friday, January 24th. Two analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the company’s stock.
According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $260.53.View Our Latest Research Report on Amazon.
comAmazon.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.Read MoreFive stocks we like better than Amazon.
comWhat is the NASDAQ Stock Exchange?D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy2 Fintech Stocks to Buy Now and 1 to AvoidAmazon Falls Back to a Key Support Line: Here’s How to Play ItBusiness Services Stocks InvestingBuffett Trims Equities, But Still Keeps Buying This Stock.
