1 day Ago By Defense World Staff
Bristlecone Advisors LLC lifted its position in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 0.
4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 183,107 shares of the e-commerce giant’s stock after buying an additional 687 shares during the period. Amazon.
com makes up about 3.0% of Bristlecone Advisors LLC’s holdings, making the stock its 5th biggest holding. Bristlecone Advisors LLC’s holdings in Amazon.
com were worth $35,385,000 at the end of the most recent reporting period. Several other large investors have also made changes to their positions in AMZN. Garrison Point Advisors LLC grew its holdings in Amazon.
com by 0.3% during the 1st quarter. Garrison Point Advisors LLC now owns 20,375 shares of the e-commerce giant’s stock worth $3,675,000 after acquiring an additional 55 shares in the last quarter.
Meridian Investment Counsel Inc. boosted its holdings in shares of Amazon.com by 1.
8% in the 2nd quarter. Meridian Investment Counsel Inc. now owns 3,076 shares of the e-commerce giant’s stock valued at $594,000 after buying an additional 55 shares during the period.
Ridgecrest Wealth Partners LLC boosted its holdings in shares of Amazon.com by 0.7% in the 1st quarter.
Ridgecrest Wealth Partners LLC now owns 7,755 shares of the e-commerce giant’s stock valued at $1,399,000 after buying an additional 56 shares during the period. Stordahl Capital Management Inc. boosted its holdings in shares of Amazon.
com by 2.1% in the 1st quarter. Stordahl Capital Management Inc.
now owns 2,763 shares of the e-commerce giant’s stock valued at $498,000 after buying an additional 56 shares during the period. Finally, Lutz Financial Services LLC boosted its holdings in shares of Amazon.com by 1.
9% in the 1st quarter. Lutz Financial Services LLC now owns 3,053 shares of the e-commerce giant’s stock valued at $551,000 after buying an additional 57 shares during the period. 72.
20% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth AMZN has been the subject of a number of analyst reports. Rosenblatt Securities boosted their target price on shares of Amazon.
com from $220.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, August 2nd.
JMP Securities boosted their target price on shares of Amazon.com from $245.00 to $265.
00 and gave the company a “market outperform” rating in a research note on Tuesday, September 3rd. Cantor Fitzgerald began coverage on shares of Amazon.com in a research report on Thursday, September 5th.
They set an “overweight” rating and a $230.00 price target on the stock. Maxim Group boosted their price target on shares of Amazon.
com from $238.00 to $251.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd.
Finally, Morgan Stanley dropped their price target on shares of Amazon.com from $240.00 to $210.
00 and set an “overweight” rating on the stock in a research report on Tuesday, August 6th. One analyst has rated the stock with a hold rating, forty have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.
com, Amazon.com presently has an average rating of “Buy” and an average price target of $222.49.
Insider Buying and Selling at Amazon.com In other Amazon.com news, CEO Andrew R.
Jassy sold 20,784 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total value of $3,757,123.
68. Following the completion of the sale, the chief executive officer now directly owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18.
The sale was disclosed in a legal filing with the SEC, which is available through the SEC website . In other news, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction dated Wednesday, August 21st.
The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68.
Following the completion of the transaction, the chief executive officer now directly owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink .
Also, VP Shelley Reynolds sold 3,791 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total transaction of $686,322.
64. Following the transaction, the vice president now directly owns 121,461 shares of the company’s stock, valued at $21,989,299.44.
The disclosure for this sale can be found here . Insiders sold a total of 6,104,317 shares of company stock valued at $1,220,621,322 in the last ninety days. Company insiders own 10.
80% of the company’s stock. Amazon.com Stock Performance NASDAQ:AMZN opened at $186.
88 on Wednesday. Amazon.com, Inc.
has a 1 year low of $118.35 and a 1 year high of $201.20.
The firm’s fifty day simple moving average is $178.97 and its 200 day simple moving average is $181.80.
The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 0.
23. The firm has a market capitalization of $1.94 trillion, a PE ratio of 52.
35, a PEG ratio of 1.39 and a beta of 1.14.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last posted its earnings results on Thursday, August 1st. The e-commerce giant reported $1.
23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.18.
Amazon.com had a net margin of 7.35% and a return on equity of 21.
39%. The business had revenue of $147.98 billion for the quarter, compared to analyst estimates of $148.
63 billion. On average, sell-side analysts anticipate that Amazon.com, Inc.
will post 4.86 EPS 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 Articles Five stocks we like better than Amazon.com How to Find Undervalued Stocks Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? Dividend Capture Strategy: What You Need to Know Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge Upcoming IPO Stock Lockup Period, Explained Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker 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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