Berkshire Asset Management LLC PA increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.
1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,041 shares of the e-commerce giant’s stock after acquiring an additional 1,307 shares during the quarter. Berkshire Asset Management LLC PA’s holdings in Amazon.
com were worth $7,760,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Proficio Capital Partners LLC lifted its holdings in shares of Amazon.
com by 17,054.5% during the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock worth $2,652,116,000 after buying an additional 12,018,120 shares during the last quarter.
Parnassus Investments LLC increased its position in Amazon.com by 82,457.3% during the third quarter.
Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock worth $2,125,148,000 after acquiring an additional 11,391,479 shares during the period. State Street Corp raised its stake in Amazon.com by 3.
3% during 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 boosted its holdings in Amazon.
com by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after purchasing an additional 6,545,944 shares during the period.
Finally, Strategic Financial Concepts LLC grew its position in Amazon.com by 23,742.9% in the 4th quarter.
Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock worth $1,119,463,000 after purchasing an additional 5,081,217 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Insider Buying and SellingIn related news, CEO Douglas J. Herrington sold 5,501 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.
44, for a total value of $1,256,648.44. Following the completion of the sale, the chief executive officer now owns 505,318 shares in the company, valued at $115,434,843.
92. This represents a 1.08 % decrease in their position.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Shelley Reynolds sold 8,833 shares of the firm’s 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 sale, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.
60. The trade was a 6.87 % decrease in their position.
The disclosure for this sale can be found here. Insiders have sold 104,798 shares of company stock valued at $23,341,803 in the last 90 days. 10.
80% of the stock is owned by insiders. Wall Street Analyst Weigh InA number of research analysts have recently commented on the stock. Citigroup reaffirmed a “buy” rating on shares of Amazon.
com in a research report on Thursday. Loop Capital raised their price objective on Amazon.com from $275.
00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. DA Davidson boosted their price objective on Amazon.
com from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th.
Wedbush reaffirmed an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, February 7th.
Finally, Benchmark boosted their price target on shares of Amazon.com from $215.00 to $265.
00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.
com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $260.53.
Get Our Latest Research Report on AMZNAmazon.com Stock Up 2.5 %NASDAQ:AMZN opened at $175.
26 on Tuesday. 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. The stock’s fifty day simple moving average is $210.97 and its 200-day simple moving average is $209.
12. The firm has a market capitalization of $1.86 trillion, a P/E ratio of 31.
69, a P/E/G ratio of 1.50 and a beta of 1.39.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued 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 return on equity of 24.25% and a net margin of 9.
29%. Equities research analysts expect that Amazon.com, Inc.
will post 6.31 earnings per share for the current year. 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 StoriesFive stocks we like better than Amazon.comWhat Percentage Gainers Tell Investors and Why They Don’t Tell the Whole StoryOptions Activity Points to More Volatility for Palantir Stock3 Warren Buffett Stocks to Buy NowNVIDIA Stock: Oversold, Undervalued — How Low Can It Go?Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?MicroStrategy Sees Insider Buy-Sell Action in Q1Want 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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Business
Berkshire Asset Management LLC PA Purchases 1,307 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Berkshire Asset Management LLC PA increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,041 shares of the e-commerce giant’s stock after acquiring an additional 1,307 shares during the quarter. Berkshire Asset Management LLC PA’s [...]