2 weeks Ago By ABMN Staff
Carlton Hofferkamp & Jenks Wealth Management LLC reduced its holdings in Amazon.com, Inc. ( NASDAQ:AMZN ) by 0.
9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,150 shares of the e-commerce giant’s stock after selling 169 shares during the quarter. Amazon.
com accounts for 1.6% of Carlton Hofferkamp & Jenks Wealth Management LLC’s portfolio, making the stock its 19th largest position. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Amazon.
com were worth $4,286,000 as of its most recent SEC filing. Other hedge funds have also recently added to or reduced their stakes in the company. Accordant Advisory Group Inc boosted its holdings 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 acquiring an additional 100 shares in the last quarter.
Icon Wealth Advisors LLC raised its holdings in Amazon.com by 20.5% during the third quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after purchasing an additional 25,581 shares in the last quarter. Quattro Financial Advisors LLC lifted its position in Amazon.com by 23.
8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares during the period. Compass Planning Associates Inc bought a new position in Amazon.
com during the 4th quarter valued at $51,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at $54,000.
Institutional investors own 72.20% of the company’s stock. Wall Street Analyst Weigh In AMZN has been the subject of several research analyst reports.
Loop Capital upped their price objective on Amazon.com from $275.00 to $285.
00 and gave the company a “buy” rating in a report on Wednesday, February 12th. Phillip Securities downgraded shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 10th.
Robert W. Baird raised their price objective on shares of Amazon.com from $220.
00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Sanford C.
Bernstein boosted their target price on shares of Amazon.com from $235.00 to $265.
00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. Finally, Citigroup reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, February 13th.
Two investment analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.
53. Amazon.com Stock Performance AMZN stock opened at $178.
41 on Friday. The company has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 32.
26, a P/E/G ratio of 1.50 and a beta of 1.19.
The firm has a 50 day moving average of $213.46 and a two-hundred day moving average of $209.01.
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, Inc.
has a 12 month low of $151.61 and a 12 month high of $242.52.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last issued its quarterly earnings data 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%. As a group, equities analysts anticipate that Amazon.com, Inc.
will post 6.31 EPS for the current fiscal year. Insider Transactions at Amazon.
com In other news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90. This trade represents a 0.
97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction on Friday, February 21st.
The stock was sold at an average price of $222.47, for a total transaction 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. The trade was a 6.
87 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last quarter, insiders sold 104,798 shares of company stock worth $23,341,803.
10.80% of the stock is owned by corporate 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. 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 ). 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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