2 weeks Ago By Defense World Staff
Wealth Advisory Solutions LLC cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 0.
4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,774 shares of the e-commerce giant’s stock after selling 193 shares during the period. Amazon.
com makes up 2.9% of Wealth Advisory Solutions LLC’s holdings, making the stock its 7th biggest holding. Wealth Advisory Solutions LLC’s holdings in Amazon.
com were worth $10,481,000 at the end of the most recent quarter. Other institutional investors have also recently made changes to their positions in the company. Rench Wealth Management Inc.
raised its holdings in Amazon.com by 7.9% in the 3rd quarter.
Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant’s stock valued at $9,392,000 after buying an additional 3,703 shares during the period. Blankinship & Foster LLC lifted its holdings in Amazon.
com by 216.4% during the 3rd quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant’s stock worth $1,291,000 after buying an additional 4,740 shares in the last quarter.
Umpqua Bank boosted its holdings in Amazon.com by 0.4% in the third quarter.
Umpqua Bank now owns 35,120 shares of the e-commerce giant’s stock valued at $6,544,000 after purchasing an additional 137 shares during the period. One Wealth Capital Management LLC acquired a new position in shares of Amazon.com during the fourth quarter worth about $4,270,000.
Finally, Floyd Financial Group LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $4,494,000. Hedge funds and other institutional investors own 72.
20% of the company’s stock. Amazon.com Price PerformanceShares of Amazon.
com stock opened at $171.00 on Friday. The stock has a market capitalization of $1.
81 trillion, a P/E ratio of 30.92, a PEG ratio of 1.50 and a beta of 1.
39. The company has a current ratio of 1.06, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.18. The business’s fifty day moving average price is $212.
18 and its 200 day moving average price is $208.91. Amazon.
com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.
52. Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 EPS 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%. As a group, research analysts anticipate that Amazon.
com, Inc. will post 6.31 earnings per share for the current year.
Analyst Ratings ChangesAMZN has been the subject of several analyst reports. UBS Group upped their price objective on Amazon.com from $230.
00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Raymond James lifted their price objective on shares of Amazon.
com from $260.00 to $275.00 in a research note on Monday, February 10th.
DA Davidson upped their price target on Amazon.com from $235.00 to $280.
00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Morgan Stanley increased their price target on shares of Amazon.com from $230.
00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, Citigroup reissued a “buy” rating on shares of Amazon.
com in a report on Thursday, February 13th. 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 stock. According to MarketBeat, Amazon.
com presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.53.Get Our Latest Research Report on Amazon.
comInsider Buying and SellingIn related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.
99, for a total value of $469,975.00. Following the transaction, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.
26. The trade was a 0.49 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP David Zapolsky sold 19,212 shares of the stock in a transaction that occurred 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 transaction, the senior vice president now owns 49,950 shares of the company’s stock, valued at approximately $10,864,125.
This trade represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
In the last ninety days, insiders have sold 104,798 shares of company stock valued at $23,341,803. Corporate insiders own 10.80% of the company’s stock.
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 AlsoFive stocks we like better than Amazon.
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