10 hours Ago By ABMN Staff
Calton & Associates Inc. cut its position in Amazon.com, Inc.
( NASDAQ:AMZN ) by 65.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,324 shares of the e-commerce giant’s stock after selling 9,916 shares during the period.
Calton & Associates Inc.’s holdings in Amazon.com were worth $1,168,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. MBM Wealth Consultants LLC increased its stake in Amazon.com by 0.
6% during the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after acquiring an additional 48 shares during the last quarter. Semus Wealth Partners LLC increased its stake in Amazon.
com by 0.3% during the third quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock worth $3,339,000 after acquiring an additional 49 shares during the last quarter.
Bell Investment Advisors Inc increased its stake in Amazon.com by 1.5% during the third quarter.
Bell Investment Advisors Inc now owns 3,359 shares of the e-commerce giant’s stock worth $626,000 after acquiring an additional 51 shares during the last quarter. Eaton Cambridge Inc. increased its stake in Amazon.
com by 1.1% during the fourth quarter. Eaton Cambridge Inc.
now owns 4,533 shares of the e-commerce giant’s stock worth $994,000 after acquiring an additional 51 shares during the last quarter. Finally, Proathlete Wealth Management LLC increased its stake in Amazon.com by 0.
4% during the fourth quarter. Proathlete Wealth Management LLC now owns 12,853 shares of the e-commerce giant’s stock worth $2,820,000 after acquiring an additional 51 shares during the last quarter. 72.
20% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several equities research analysts have issued reports on AMZN shares. Raymond James raised their target price on Amazon.
com from $260.00 to $275.00 in a research note on Monday, February 10th.
Loop Capital lifted their price objective on Amazon.com from $275.00 to $285.
00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Amazon.
com in a research note on Friday, February 7th. Maxim Group lifted their price objective on Amazon.com from $260.
00 to $280.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $280.
00 price objective on shares of Amazon.com in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock.
Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $260.74. Amazon.
com Stock Performance NASDAQ AMZN opened at $216.58 on Friday. The company has a current ratio of 1.
06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.
The business’s 50 day moving average is $227.88 and its two-hundred day moving average is $203.96.
Amazon.com, Inc. has a 12-month low of $151.
61 and a 12-month high of $242.52. The stock has a market capitalization of $2.
30 trillion, a price-to-earnings ratio of 39.16, a PEG ratio of 1.57 and a beta of 1.
15. 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 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%. Research analysts expect that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Insiders Place Their Bets In related news, Director Jonathan Rubinstein sold 4,351 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.
35. Following the sale, the director now owns 88,203 shares in the company, valued at $20,273,459.55.
This represents a 4.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink .
Also, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.
27, for a total value of $6,332,425.00. Following the completion of the sale, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.
09. This represents a 5.24 % decrease in their position.
The disclosure for this sale can be found here . In the last 90 days, insiders have sold 40,852 shares of company stock worth $9,324,151. Company insiders own 10.
80% of the company’s stock. Amazon.com Company 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.
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