2 weeks Ago By ABMN Staff
American Financial Advisors LLC lessened its stake in Amazon.com, Inc. ( NASDAQ:AMZN ) by 1.
1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 27,648 shares of the e-commerce giant’s stock after selling 296 shares during the quarter. Amazon.
com accounts for about 0.9% of American Financial Advisors LLC’s portfolio, making the stock its 26th largest position. American Financial Advisors LLC’s holdings in Amazon.
com were worth $6,066,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Accordant Advisory Group Inc increased its stake 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 valued at $27,000 after purchasing an additional 100 shares during the last quarter.
Icon Wealth Advisors LLC increased its stake 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 valued at $28,000 after purchasing an additional 25,581 shares during the last quarter. Bull Oak Capital LLC bought a new stake in Amazon.com during the third quarter valued at $45,000.
Quattro Financial Advisors LLC increased its stake 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 valued at $51,000 after purchasing an additional 45 shares during the last quarter. Finally, Values First Advisors Inc. bought a new stake in Amazon.
com during the third quarter valued at $56,000. Institutional investors own 72.20% of the company’s stock.
Analysts Set New Price Targets AMZN has been the subject of several recent research reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $270.00 target price on shares of Amazon.
com in a research note on Friday, February 7th. Raymond James upped their price target on shares of Amazon.com from $260.
00 to $275.00 in a research report on Monday, February 10th. Phillip Securities lowered shares of Amazon.
com from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 10th. JMP Securities restated a “market outperform” rating and set a $285.00 price target on shares of Amazon.
com in a research report on Friday, February 7th. Finally, Redburn Atlantic upped their price target on shares of Amazon.com from $225.
00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock.
According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $260.65.
Amazon.com Price Performance NASDAQ AMZN opened at $197.95 on Friday.
The stock’s 50-day moving average price is $221.65 and its two-hundred day moving average price is $207.26.
The company has a market cap of $2.10 trillion, a PE ratio of 35.80, a PEG ratio of 1.
50 and a beta of 1.19. The company has a current ratio of 1.
06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.
Amazon.com, Inc. has a 1 year low of $151.
61 and a 1 year high of $242.52. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last released its 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%.
On average, analysts predict that Amazon.com, Inc. will post 6.
31 EPS for the current year. Insider Buying and Selling In other Amazon.com news, CEO Douglas J.
Herrington sold 5,501 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total value of $1,256,648.
44. Following the transaction, the chief executive officer now directly owns 505,318 shares of the company’s stock, valued at $115,434,843.92.
This represents a 1.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink .
Also, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction dated 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 sale, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. This represents a 0.
97 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 102,298 shares of company stock worth $22,871,828.
Corporate insiders own 10.80% of the company’s stock. Amazon.
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. Featured 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 ). 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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