Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by WMG Financial Advisors LLC

WMG Financial Advisors LLC raised its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 6.

0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,448 shares of the e-commerce giant’s stock after purchasing an additional 537 shares during the period. Amazon.



com accounts for 0.9% of WMG Financial Advisors LLC’s investment portfolio, making the stock its 18th largest holding. WMG Financial Advisors LLC’s holdings in Amazon.

com were worth $2,073,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also modified their holdings of the company. Accordant Advisory Group Inc raised its holdings in Amazon.

com by 400.0% during the fourth 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 grew its position in shares of 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 raised its stake in Amazon.com by 23.

8% during the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after acquiring an additional 45 shares in the last quarter. Compass Planning Associates Inc purchased a new stake in Amazon.

com in the fourth quarter valued at $51,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of Amazon.com during the fourth quarter worth about $54,000.

72.20% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and SellingIn other news, CEO Douglas J.

Herrington sold 27,500 shares of the firm’s stock in a transaction 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 sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09.

This trade represents a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Also, SVP David Zapolsky sold 19,212 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.

00. Following the completion of the transaction, the senior vice president now owns 49,950 shares of the company’s stock, valued at $10,864,125. The trade was a 27.

78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,798 shares of company stock worth $23,341,803.

10.80% of the stock is owned by insiders. Amazon.

com Stock PerformanceNASDAQ AMZN opened at $178.41 on Friday. The company has a quick ratio of 0.

87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

The stock has a market cap of $1.89 trillion, a price-to-earnings ratio of 32.26, a price-to-earnings-growth ratio of 1.

50 and a beta of 1.19. Amazon.

com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.

52. The business has a fifty day moving average of $213.46 and a 200-day moving average of $209.

01. 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%. As a group, analysts predict that Amazon.

com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price TargetsSeveral analysts have recently weighed in on the company. Piper Sandler reissued an “overweight” rating and issued a $265.00 target price (up from $225.

00) on shares of Amazon.com in a report on Friday, February 7th. Benchmark boosted their price objective on Amazon.

com from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th.

Robert W. Baird lifted their target price on shares of Amazon.com from $220.

00 to $260.00 and gave the company an “outperform” rating in a report on Friday, December 13th. Sanford C.

Bernstein upped their price target on shares of Amazon.com from $235.00 to $265.

00 and gave the company an “outperform” rating in a research report on Wednesday, December 18th. Finally, Wedbush reissued an “outperform” rating and set a $280.00 price objective on shares of Amazon.

com in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.

53.Check Out Our Latest Stock Report on AMZNAmazon.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.

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