22 hours Ago By Defense World Staff
Levin Capital Strategies L.P. boosted its holdings in Amazon.
com, Inc. (NASDAQ:AMZN – Free Report) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 124,609 shares of the e-commerce giant’s stock after purchasing an additional 868 shares during the quarter. Amazon.com comprises 2.
6% of Levin Capital Strategies L.P.’s investment portfolio, making the stock its 10th largest holding.
Levin Capital Strategies L.P.’s holdings in Amazon.
com were worth $27,338,000 as of its most recent SEC filing. A number of other large investors have also recently bought and sold shares of AMZN. State Street Corp grew its stake in shares of Amazon.
com by 3.3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after purchasing an additional 11,370,309 shares during the last quarter.
Geode Capital Management LLC lifted its holdings in shares of Amazon.com by 3.4% during the third quarter.
Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after purchasing an additional 6,545,944 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Amazon.com by 0.
8% during the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock worth $14,719,407,000 after purchasing an additional 545,292 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Amazon.
com by 3.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant’s stock valued at $10,776,201,000 after buying an additional 1,984,592 shares during the last quarter.
Finally, Charles Schwab Investment Management Inc. increased its stake in Amazon.com by 3.
6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,308,094 shares of the e-commerce giant’s stock valued at $10,678,217,000 after buying an additional 1,980,663 shares during the period.
Institutional investors and hedge funds own 72.20% of the company’s stock. Insider Activity at Amazon.
comIn related news, VP Shelley Reynolds sold 8,833 shares of Amazon.com stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.
47, for a total value of $1,965,077.51. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.
60. This trade represents a 6.87 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was 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 in the company, 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.
Over the last three months, insiders sold 102,298 shares of company stock worth $22,871,828. 10.80% of the stock is owned by company insiders.
Analyst Upgrades and DowngradesSeveral analysts have recently commented on AMZN shares. Robert W. Baird raised their target price on shares of Amazon.
com from $220.00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th.
JMP Securities restated a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research report on Friday, February 7th.
Telsey Advisory Group reiterated an “outperform” rating and set a $275.00 target price on shares of Amazon.com in a research report on Friday, February 7th.
Wolfe Research increased their target price on Amazon.com from $250.00 to $270.
00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Finally, Mizuho lifted their price target on Amazon.com from $240.
00 to $260.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Two 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’s stock.
According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $260.53.
Get Our Latest Analysis on AMZNAmazon.com Trading Up 1.0 %Shares of Amazon.
com stock opened at $192.17 on Wednesday. Amazon.
com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.
52. The business’s fifty day moving average is $215.38 and its two-hundred day moving average is $209.
31. 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 firm has a market cap of $2.
04 trillion, a PE ratio of 34.75, a P/E/G ratio of 1.50 and a beta of 1.
19. 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 for the quarter, topping the consensus estimate of $1.52 by $0.
34. Amazon.com had a return on equity of 24.
25% and a net margin of 9.29%. Analysts anticipate that Amazon.
com, Inc. will post 6.31 earnings per share for the current year.
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.Further ReadingFive stocks we like better than Amazon.
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