1 week Ago By Defense World Staff
Ground Swell Capital LLC acquired a new stake in Amazon.com, Inc. ( NASDAQ:AMZN ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor acquired 1,386 shares of the e-commerce giant’s stock, valued at approximately $258,000. A number of other hedge funds also recently made changes to their positions in AMZN. Foundations Investment Advisors LLC boosted its stake in Amazon.
com by 9.7% in the 3rd quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant’s stock valued at $34,395,000 after purchasing an additional 16,392 shares during the period.
BayBridge Capital Group LLC lifted its holdings in shares of Amazon.com by 51.8% during the third quarter.
BayBridge Capital Group LLC now owns 14,368 shares of the e-commerce giant’s stock worth $2,677,000 after buying an additional 4,905 shares in the last quarter. Zhang Financial LLC boosted its position in shares of Amazon.com by 12.
9% in the third quarter. Zhang Financial LLC now owns 51,091 shares of the e-commerce giant’s stock valued at $9,520,000 after acquiring an additional 5,828 shares during the period. Northwestern Mutual Wealth Management Co.
grew its stake in shares of Amazon.com by 0.5% in the second quarter.
Northwestern Mutual Wealth Management Co. now owns 2,847,177 shares of the e-commerce giant’s stock valued at $550,217,000 after acquiring an additional 14,766 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Amazon.
com by 19.2% during the third quarter. GAMMA Investing LLC now owns 119,205 shares of the e-commerce giant’s stock worth $22,211,000 after acquiring an additional 19,231 shares during the period.
72.20% of the stock is owned by institutional investors and hedge funds. Amazon.
com Trading Up 2.3 % NASDAQ:AMZN opened at $230.26 on Thursday.
Amazon.com, Inc. has a 52 week low of $144.
05 and a 52 week high of $231.20. The company has a debt-to-equity ratio of 0.
21, a quick ratio of 0.87 and a current ratio of 1.09.
The firm’s fifty day moving average is $198.98 and its 200-day moving average is $188.78.
The firm has a market cap of $2.42 trillion, a P/E ratio of 49.31, a P/E/G ratio of 1.
52 and a beta of 1.16. Analysts Set New Price Targets AMZN has been the subject of a number of recent research reports.
Mizuho increased their target price on shares of Amazon.com from $240.00 to $260.
00 and gave the stock an “outperform” rating in a research report on Tuesday. Rosenblatt Securities increased their price target on Amazon.com from $221.
00 to $236.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. The Goldman Sachs Group lifted their price objective on Amazon.
com from $230.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 1st.
Needham & Company LLC reiterated a “buy” rating and set a $250.00 target price on shares of Amazon.com in a research report on Tuesday.
Finally, JMP Securities raised their price target on Amazon.com from $265.00 to $285.
00 and gave the stock a “market outperform” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Amazon.
com has an average rating of “Moderate Buy” and a consensus price target of $237.42. View Our Latest Stock Report on AMZN Insider Buying and Selling In other Amazon.
com news, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.
35. Following the completion of the sale, the director now owns 88,203 shares in the company, valued at approximately $20,273,459.55.
The trade was a 4.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink .
Also, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $199.
06, for a total value of $246,237.22. Following the completion of the sale, the director now owns 24,912 shares of the company’s stock, valued at approximately $4,958,982.
72. This trade represents a 4.73 % decrease in their position.
The disclosure for this sale can be found here . Over the last three months, insiders have sold 6,034,534 shares of company stock worth $1,253,883,872. 10.
80% of the stock is owned by company 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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ai Stock Surges on Strong Sales Despite Profit Concerns Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc.
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