2 weeks Ago By Defense World Staff
Crystal Rock Capital Management reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.
9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,870 shares of the e-commerce giant’s stock after selling 2,800 shares during the period. Amazon.
com comprises 7.3% of Crystal Rock Capital Management’s investment portfolio, making the stock its 4th biggest position. Crystal Rock Capital Management’s holdings in Amazon.
com were worth $11,819,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cable Hill Partners LLC lifted its stake in shares of Amazon.
com by 0.5% in the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after purchasing an additional 44 shares in the last quarter.
Quattro Financial Advisors LLC raised its holdings in 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 buying an additional 45 shares during the period. White Wing Wealth Management lifted its position in Amazon.com by 2.
4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after buying an additional 47 shares in the last quarter. MBM Wealth Consultants LLC grew 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 buying an additional 48 shares during the period.
Finally, Semus Wealth Partners LLC increased its position in shares of Amazon.com by 0.3% in 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 in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.
Insider Buying and SellingIn other news, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $228.
44, for a total value of $1,256,648.44. Following the completion of the transaction, the chief executive officer now owns 505,318 shares of the company’s stock, valued at approximately $115,434,843.
92. This represents a 1.08 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $217.
50, for a total value of $4,178,610.00. Following the transaction, the senior vice president now directly owns 49,950 shares in the company, valued at $10,864,125.
This trade represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders sold 102,298 shares of company stock valued at $22,871,828 in the last three months. 10.80% of the stock is currently owned by corporate insiders.
Amazon.com Stock PerformanceAMZN stock opened at $192.72 on Friday.
Amazon.com, Inc. has a 1 year low of $151.
61 and a 1 year high of $242.52. The stock has a market capitalization of $2.
04 trillion, a price-to-earnings ratio of 34.85, a PEG ratio of 1.50 and a beta of 1.
19. 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 stock’s fifty day moving average is $216.
86 and its two-hundred day moving average is $209.08. Amazon.
com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating 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%.
On average, research analysts predict that Amazon.com, Inc. will post 6.
31 EPS for the current year. Analyst Upgrades and DowngradesAMZN has been the subject of a number of research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $250.
00 price target on shares of Amazon.com in a research report on Friday, February 7th. Scotiabank boosted their price objective on Amazon.
com from $246.00 to $306.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 24th.
JMP Securities reiterated a “market outperform” rating and issued a $285.00 target price on shares of Amazon.com in a research note on Friday, February 7th.
Morgan Stanley boosted their price target on Amazon.com from $230.00 to $280.
00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Finally, Maxim Group increased their price objective on shares of Amazon.com from $260.
00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock.
According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $260.65.
View Our Latest Stock Analysis on Amazon.comAbout 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)..
