2 weeks Ago By Defense World Staff
Grandfield & Dodd LLC cut its stake in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 4.
4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,248 shares of the e-commerce giant’s stock after selling 566 shares during the quarter. Grandfield & Dodd LLC’s holdings in Amazon.
com were worth $2,687,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently modified their holdings of AMZN. Accordant Advisory Group Inc grew its position 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 worth $27,000 after buying an additional 100 shares during the period.
Icon Wealth Advisors LLC boosted its stake 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 worth $28,000 after acquiring an additional 25,581 shares in the last quarter. Quattro Financial Advisors LLC boosted its stake in Amazon.com by 23.
8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after acquiring an additional 45 shares in the last quarter. Compass Planning Associates Inc purchased a new stake in Amazon.
com in the fourth quarter worth about $51,000. Finally, Halbert Hargrove Global Advisors LLC bought a new position in shares of Amazon.com during the fourth quarter valued at approximately $54,000.
72.20% of the stock is owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades A number of analysts have recently commented on the company.
Royal Bank of Canada boosted their price target on Amazon.com from $255.00 to $265.
00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Jefferies Financial Group dropped their target price on Amazon.com from $275.
00 to $250.00 and set a “buy” rating on the stock in a report on Monday. Citigroup restated a “buy” rating on shares of Amazon.
com in a report on Thursday, February 13th. Raymond James upped their price target on shares of Amazon.com from $260.
00 to $275.00 in a research note on Monday, February 10th. Finally, TD Cowen increased their price objective on shares of Amazon.
com from $240.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday, December 12th.
Two research 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $260.
53. Insiders Place Their Bets In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction dated Friday, February 21st.
The shares were sold at an average price of $222.47, for a total value of $1,965,077.51.
Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.60. This trade represents a 6.
87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO Douglas J.
Herrington sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.
00. Following the transaction, the chief executive officer now owns 509,474 shares of the company’s stock, valued at $95,776,017.26.
This trade represents a 0.49 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold 104,798 shares of company stock valued at $23,341,803 over the last three months. 10.80% of the stock is owned by company insiders.
Amazon.com Stock Performance Shares of NASDAQ:AMZN opened at $178.41 on Friday.
The firm has a fifty day simple moving average of $213.46 and a two-hundred day simple moving average of $209.01.
Amazon.com, Inc. has a 52 week low of $151.
61 and a 52 week high of $242.52. The company has a quick ratio of 0.
87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.
The stock has a market capitalization of $1.89 trillion, a P/E ratio of 32.26, a PEG ratio of 1.
50 and a beta of 1.19. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping 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, analysts expect that Amazon.com, Inc. will post 6.
31 earnings per share for the current fiscal year. Amazon.com 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.
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