22 hours Ago By Defense World Staff
Connable Office Inc. cut its holdings in Amazon.com, Inc.
(NASDAQ:AMZN) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,893 shares of the e-commerce giant’s stock after selling 865 shares during the quarter.
Amazon.com comprises approximately 0.8% of Connable Office Inc.
’s holdings, making the stock its 21st largest position. Connable Office Inc.’s holdings in Amazon.
com were worth $7,655,000 at the end of the most recent quarter. Several other large investors also recently added to or reduced their stakes in the business. Accordant Advisory Group Inc raised its stake in shares of Amazon.
com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after acquiring an additional 100 shares in the last quarter.
Icon Wealth Advisors LLC grew its holdings in Amazon.com by 20.5% during the third quarter.
Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after purchasing an additional 25,581 shares during the last quarter. Quattro Financial Advisors LLC raised its position in shares of Amazon.com by 23.
8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 45 shares during the period. Compass Planning Associates Inc acquired a new stake in shares of Amazon.
com in the fourth quarter worth $51,000. Finally, Iron Horse Wealth Management LLC boosted its holdings in shares of Amazon.com by 64.
4% during the 4th quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock worth $63,000 after buying an additional 112 shares during the period. 72.
20% of the stock is owned by institutional investors. Amazon.com Stock PerformanceShares of Amazon.
com stock opened at $192.17 on Wednesday. The company has a debt-to-equity ratio of 0.
18, a current ratio of 1.06 and a quick ratio of 0.87.
The firm has a market cap of $2.04 trillion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 1.
50 and a beta of 1.19. The stock’s 50-day moving average is $215.
38 and its 200-day moving average is $209.31. Amazon.
com, Inc. has a one year low of $151.61 and a one year high of $242.
52. 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, 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 analysts predict that Amazon.
com, Inc. will post 6.31 earnings per share for the current fiscal year.
Analyst Ratings ChangesA number of research firms have weighed in on AMZN. Robert W. Baird boosted their target price on shares of Amazon.
com from $220.00 to $260.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th.
Wedbush reiterated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, February 7th.
Rosenblatt Securities increased their target price on Amazon.com from $236.00 to $287.
00 and gave the company a “buy” rating in a research note on Friday, February 7th. Citigroup reaffirmed a “buy” rating on shares of Amazon.com in a research report on Thursday, February 13th.
Finally, Roth Mkm increased their price objective on Amazon.com from $220.00 to $250.
00 and gave the company a “buy” rating in a research report on Monday, December 9th. Two analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned 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.
53.Read Our Latest Stock Report on AMZNInsider Buying and Selling at Amazon.comIn related news, CEO Douglas J.
Herrington sold 27,500 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 497,067 shares in the company, valued at approximately $114,459,618.09.
The trade was a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Also, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.
65, for a total transaction of $4,585,989.60. Following the completion of the sale, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.
90. This represents a 0.97 % decrease in their position.
The disclosure for this sale can be found here. In the last three months, insiders have sold 102,298 shares of company stock worth $22,871,828. 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.
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com, Inc. (NASDAQ:AMZN – Free Report)..
