1 week Ago By Defense World Staff
Callan Family Office LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 232.
1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 193,087 shares of the e-commerce giant’s stock after buying an additional 134,945 shares during the period. Amazon.
com makes up 2.7% of Callan Family Office LLC’s portfolio, making the stock its 6th biggest position. Callan Family Office LLC’s holdings in Amazon.
com were worth $42,361,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors also recently modified their holdings of the company. Accordant Advisory Group Inc raised its stake in Amazon.
com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after buying an additional 100 shares during the period.
Compass Planning Associates Inc bought a new stake in shares of Amazon.com in the fourth quarter worth about $51,000. Quattro Financial Advisors LLC raised its position in shares of Amazon.
com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares during the period.
Halbert Hargrove Global Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter valued at about $54,000. Finally, Iron Horse Wealth Management LLC grew its position in shares of Amazon.
com by 64.4% in the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after purchasing an additional 112 shares during the period.
72.20% of the stock is currently owned by institutional investors and hedge funds. Amazon.
com Trading Up 2.5 %AMZN stock opened at $175.26 on Tuesday.
Amazon.com, Inc. has a 52 week low of $151.
61 and a 52 week high of $242.52. The company has a debt-to-equity ratio of 0.
18, a quick ratio of 0.87 and a current ratio of 1.06.
The company’s 50-day simple moving average is $210.97 and its 200 day simple moving average is $209.12.
The company has a market capitalization of $1.86 trillion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 1.
50 and a beta of 1.39. Amazon.
com (NASDAQ:AMZN – Get Free Report) last announced 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%.
As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.
31 earnings per share for the current year. Analyst Ratings ChangesAMZN has been the topic of several research analyst reports. Royal Bank of Canada raised their target price on shares of Amazon.
com from $255.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, February 7th.
Rosenblatt Securities boosted their price objective on shares of Amazon.com from $236.00 to $287.
00 and gave the company a “buy” rating in a research report on Friday, February 7th. Citigroup reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday.
JMP Securities set a $285.00 price target on Amazon.com in a research note on Thursday, March 27th.
Finally, Morgan Stanley upped their price objective on Amazon.com from $230.00 to $280.
00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Two research 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $260.
53.Check Out Our Latest Report on AMZNInsiders Place Their BetsIn other Amazon.com news, CEO Douglas J.
Herrington sold 27,500 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.
00. Following the sale, the chief executive officer now directly owns 497,067 shares in the company, valued at $114,459,618.09.
This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Also, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.
51. Following the completion of the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.60.
The trade was a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders have sold a total of 104,798 shares of company stock worth $23,341,803 in the last 90 days. Company 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.Read MoreFive stocks we like better than Amazon.
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