2 weeks Ago By Defense World Staff
Cypress Capital Group raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.
9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,397 shares of the e-commerce giant’s stock after acquiring an additional 593 shares during the period. Amazon.
com comprises approximately 1.9% of Cypress Capital Group’s investment portfolio, making the stock its 11th largest holding. Cypress Capital Group’s holdings in Amazon.
com were worth $15,225,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds have also recently bought and sold shares of the company. Crew Capital Management Ltd.
lifted its position in shares of Amazon.com by 8.9% during the 4th quarter.
Crew Capital Management Ltd. now owns 2,016 shares of the e-commerce giant’s stock worth $442,000 after buying an additional 164 shares in the last quarter. Victory Capital Management Inc.
increased its position in shares of Amazon.com by 4.6% during the fourth quarter.
Victory Capital Management Inc. now owns 7,170,023 shares of the e-commerce giant’s stock valued at $1,573,031,000 after acquiring an additional 318,512 shares during the last quarter. Keybank National Association OH lifted its holdings in Amazon.
com by 0.4% during the fourth quarter. Keybank National Association OH now owns 3,216,046 shares of the e-commerce giant’s stock worth $705,568,000 after acquiring an additional 11,750 shares during the period.
Disciplined Investments LLC boosted its position in Amazon.com by 16.3% in the fourth quarter.
Disciplined Investments LLC now owns 1,324 shares of the e-commerce giant’s stock worth $290,000 after purchasing an additional 186 shares during the last quarter. Finally, Dravo Bay LLC bought a new position in Amazon.com in the 4th quarter valued at $370,000.
72.20% of the stock is owned by hedge funds and other institutional investors. Amazon.
com Stock Down 4.2 %Shares of AMZN opened at $171.00 on Friday.
Amazon.com, Inc. has a 1 year low of $151.
61 and a 1 year high of $242.52. 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 stock has a 50 day simple moving average of $212.18 and a two-hundred day simple moving average of $208.91.
The firm has a market cap of $1.81 trillion, a P/E ratio of 30.92, a P/E/G ratio of 1.
50 and a beta of 1.39. Amazon.
com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 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, analysts forecast that Amazon.com, Inc. will post 6.
31 earnings per share for the current fiscal year. Insider Transactions at Amazon.comIn other news, CEO Andrew R.
Jassy sold 20,784 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.
60. Following the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90.
The trade was a 0.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.
99, for a total value of $469,975.00. Following the completion of the sale, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at $95,776,017.
26. The trade was a 0.49 % decrease in their position.
The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,798 shares of company stock worth $23,341,803. Company insiders own 10.
80% of the company’s stock. Wall Street Analyst Weigh InA number of equities analysts recently weighed in on the stock. Scotiabank boosted their price target on shares of Amazon.
com from $246.00 to $306.00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th.
Roth Mkm boosted their target price on shares of Amazon.com from $220.00 to $250.
00 and gave the company a “buy” rating in a research note on Monday, December 9th. Stifel Nicolaus raised their price target on shares of Amazon.com from $245.
00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Phillip Securities cut shares of Amazon.
com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 10th. Finally, HSBC increased their price objective on Amazon.com from $225.
00 to $270.00 and gave the company a “buy” rating in a report on Monday, January 13th. Two 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 stock.
Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $260.53.Read Our Latest Research Report on Amazon.
comAmazon.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.Recommended StoriesFive stocks we like better than Amazon.
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(NASDAQ:AMZN – Free Report)..
