22 hours Ago By ABMN Staff
Flaharty Asset Management LLC reduced its stake in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 15.
2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,711 shares of the e-commerce giant’s stock after selling 486 shares during the period. Flaharty Asset Management LLC’s holdings in Amazon.
com were worth $595,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also made changes to their positions in the company. Accordant Advisory Group Inc boosted its stake in shares of Amazon.
com by 400.0% during the 4th 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 during the last quarter.
Icon Wealth Advisors LLC boosted its position 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 acquiring an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC boosted its position in Amazon.com by 23.
8% during the fourth 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 during the last quarter. Compass Planning Associates Inc purchased a new stake in Amazon.
com in the 4th quarter worth approximately $51,000. Finally, Iron Horse Wealth Management LLC raised its holdings in Amazon.com by 64.
4% in the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after acquiring an additional 112 shares during the last quarter. 72.
20% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades A number of equities research analysts have recently commented on the company. Robert W.
Baird lifted their price objective on Amazon.com from $220.00 to $260.
00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Stifel Nicolaus increased their price objective on shares of Amazon.com from $245.
00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Morgan Stanley boosted their target price on shares of Amazon.
com from $230.00 to $280.00 and gave the company an “overweight” rating in a report on Monday, January 13th.
The Goldman Sachs Group increased their price target on shares of Amazon.com from $240.00 to $255.
00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Finally, Wolfe Research upped their price objective on Amazon.com from $250.
00 to $270.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company.
According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $260.53. Amazon.
com Stock Performance Shares of AMZN opened at $192.17 on Wednesday. The company has a debt-to-equity ratio of 0.
18, a current ratio of 1.06 and a quick ratio of 0.87.
Amazon.com, Inc. has a 12-month low of $151.
61 and a 12-month high of $242.52. The business’s fifty day moving average price is $215.
38 and its 200 day moving average price is $209.31. The stock has a market capitalization of $2.
04 trillion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 1.50 and a beta of 1.
19. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last announced its quarterly earnings data on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share for the quarter, beating 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%. Equities research analysts forecast that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Insider Transactions at Amazon.com In related news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction on Friday, February 21st.
The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.60.
Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This represents a 0.
97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CEO Douglas J.
Herrington sold 27,500 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.
00. Following the completion of the sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09.
The trade was a 5.24 % decrease in their ownership of the stock. 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 currently owned by company insiders.
Amazon.com Company 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. Recommended Stories 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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