1 day Ago By ABMN Staff
EFG Asset Management North America Corp. grew its position in Amazon.com, Inc.
( NASDAQ:AMZN ) by 12.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,416 shares of the e-commerce giant’s stock after purchasing an additional 9,232 shares during the quarter.
Amazon.com makes up approximately 2.8% of EFG Asset Management North America Corp.
’s portfolio, making the stock its 3rd largest holding. EFG Asset Management North America Corp.’s holdings in Amazon.
com were worth $16,131,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors also recently modified their holdings of AMZN. Garrison Point Advisors LLC raised its holdings in Amazon.
com by 0.3% during the 1st quarter. Garrison Point Advisors LLC now owns 20,375 shares of the e-commerce giant’s stock worth $3,675,000 after purchasing an additional 55 shares during the last quarter.
Meridian Investment Counsel Inc. raised its holdings in Amazon.com by 1.
8% during the 2nd quarter. Meridian Investment Counsel Inc. now owns 3,076 shares of the e-commerce giant’s stock worth $594,000 after purchasing an additional 55 shares during the last quarter.
Ridgecrest Wealth Partners LLC raised its holdings in Amazon.com by 0.7% during the 1st quarter.
Ridgecrest Wealth Partners LLC now owns 7,755 shares of the e-commerce giant’s stock worth $1,399,000 after purchasing an additional 56 shares during the last quarter. Stordahl Capital Management Inc. raised its holdings in Amazon.
com by 2.1% during the 1st quarter. Stordahl Capital Management Inc.
now owns 2,763 shares of the e-commerce giant’s stock worth $498,000 after purchasing an additional 56 shares during the last quarter. Finally, Lutz Financial Services LLC raised its holdings in Amazon.com by 1.
9% during the 1st quarter. Lutz Financial Services LLC now owns 3,053 shares of the e-commerce giant’s stock worth $551,000 after purchasing an additional 57 shares during the last quarter. Institutional investors own 72.
20% of the company’s stock. Amazon.com Trading Up 1.
1 % NASDAQ AMZN opened at $186.88 on Wednesday. The company has a market cap of $1.
94 trillion, a PE ratio of 52.35, a PEG ratio of 1.39 and a beta of 1.
14. The company has a current ratio of 1.10, a quick ratio of 0.
88 and a debt-to-equity ratio of 0.23. Amazon.
com, Inc. has a 12 month low of $118.35 and a 12 month high of $201.
20. The stock has a 50 day moving average of $178.97 and a 200-day moving average of $181.
80. Analyst Upgrades and Downgrades A number of brokerages have recently commented on AMZN. UBS Group upped their price target on Amazon.
com from $217.00 to $224.00 and gave the company a “buy” rating in a research note on Tuesday, July 30th.
Robert W. Baird upped their price target on Amazon.com from $210.
00 to $213.00 and gave the company an “outperform” rating in a research note on Friday, June 21st. Rosenblatt Securities upped their price target on Amazon.
com from $220.00 to $221.00 and gave the company a “buy” rating in a research note on Friday, August 2nd.
Itau BBA Securities cut Amazon.com from an “outperform” rating to a “market perform” rating and set a $186.00 price target for the company.
in a research note on Friday, August 2nd. Finally, Stifel Nicolaus lowered their price target on Amazon.com from $228.
00 to $224.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. One investment analyst has rated the stock with a hold rating, forty have given a buy rating and two have assigned a strong buy rating to the company.
According to MarketBeat, Amazon.com currently has an average rating of “Buy” and a consensus price target of $222.49.
View Our Latest Analysis on AMZN Insider Buying and Selling at Amazon.com In other Amazon.com news, CEO Andrew R.
Jassy sold 20,784 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total transaction of $3,757,123.
68. Following the completion of the sale, the chief executive officer now owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . In other Amazon.com news, SVP David Zapolsky sold 4,710 shares of the firm’s stock in a transaction on Thursday, June 27th.
The stock was sold at an average price of $195.00, for a total transaction of $918,450.00.
Following the completion of the sale, the senior vice president now owns 59,500 shares of the company’s stock, valued at approximately $11,602,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, CEO Andrew R.
Jassy sold 20,784 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total value of $3,757,123.
68. Following the transaction, the chief executive officer now owns 2,056,534 shares in the company, valued at approximately $371,759,651.18.
The disclosure for this sale can be found here . Insiders sold 6,104,317 shares of company stock valued at $1,220,621,322 in the last quarter. 10.
80% of the stock is currently owned by 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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