2 weeks Ago By Defense World Staff
Central Asset Investments & Management Holdings HK Ltd lifted its position in shares of Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 958.
5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,026 shares of the e-commerce giant’s stock after purchasing an additional 45,300 shares during the quarter. Amazon.
com accounts for 6.7% of Central Asset Investments & Management Holdings HK Ltd’s investment portfolio, making the stock its 2nd largest holding. Central Asset Investments & Management Holdings HK Ltd’s holdings in Amazon.
com were worth $10,975,000 at the end of the most recent quarter. A number of other large investors also recently modified their holdings of the company. State Street Corp increased its holdings 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 worth $66,926,008,000 after purchasing an additional 11,370,309 shares in the last quarter.
Geode Capital Management LLC boosted its position 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 valued at $37,116,341,000 after buying an additional 6,545,944 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in 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 buying an additional 545,292 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised 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. lifted its stake in Amazon.com by 3.
6% during 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 acquiring an additional 1,980,663 shares in the last quarter.
72.20% of the stock is currently owned by institutional investors. Analyst Ratings Changes Several analysts have recently issued reports on the stock.
Mizuho upped their target price on shares of Amazon.com from $240.00 to $260.
00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Amazon.
com in a research report on Friday, February 7th. Wolfe Research lifted their target price on shares of Amazon.com from $250.
00 to $270.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. DA Davidson upped their target price on Amazon.
com from $235.00 to $280.00 and gave the company a “buy” rating in a report on Friday, February 7th.
Finally, Maxim Group lifted their price target on Amazon.com from $260.00 to $280.
00 and gave the stock a “buy” rating in a report on Friday, February 7th. Two equities 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. Based on data from MarketBeat.
com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.65. Amazon.
com Trading Down 4.3 % Shares of AMZN stock opened at $192.72 on Friday.
The company has a market capitalization of $2.04 trillion, a PE ratio of 34.85, a price-to-earnings-growth ratio of 1.
50 and a beta of 1.19. Amazon.
com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.
52. The business’s fifty day moving average is $216.86 and its 200 day moving average is $209.
08. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.
87 and a current ratio of 1.06. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating 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%.
On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.
31 EPS for the current fiscal year. Insider Activity at Amazon.com In other news, CEO Douglas J.
Herrington sold 27,500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.
00. Following the transaction, the chief executive officer now owns 497,067 shares of the company’s stock, valued at $114,459,618.09.
This represents a 5.24 % decrease in their position. The sale 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 Amazon.com stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.
47, for a total transaction of $1,965,077.51. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $26,647,456.
60. This represents a 6.87 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders have sold 102,298 shares of company stock valued at $22,871,828 over the last three months. 10.
80% of the stock is owned by corporate insiders. 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.
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