2 weeks Ago By Defense World Staff
Heritage Oak Wealth Advisors LLC trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 86.
9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,729 shares of the e-commerce giant’s stock after selling 18,113 shares during the period. Heritage Oak Wealth Advisors LLC’s holdings in Amazon.
com were worth $599,000 at the end of the most recent quarter. A number of other institutional investors have also added to or reduced their stakes in AMZN. Cable Hill Partners LLC increased its holdings in 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 worth $2,104,000 after acquiring an additional 44 shares during the last quarter.
Quattro Financial Advisors LLC boosted its position 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 purchasing an additional 45 shares during the period. White Wing Wealth Management increased its stake in shares of Amazon.com by 2.
4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock worth $433,000 after purchasing an additional 47 shares in the last quarter. MBM Wealth Consultants LLC raised its position in shares of Amazon.
com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock valued at $1,889,000 after purchasing an additional 48 shares during the period.
Finally, Semus Wealth Partners LLC lifted its stake in shares of Amazon.com by 0.3% during the 3rd quarter.
Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock valued at $3,339,000 after buying an additional 49 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.
Insider ActivityIn other news, CEO Andrew R. Jassy sold 20,784 shares of Amazon.com stock in a transaction dated Friday, February 21st.
The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60.
Following the sale, the chief executive officer now 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J.
Herrington sold 27,500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.
00. Following the transaction, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09.
This represents a 5.24 % decrease in their position. The disclosure for this sale can be found here.
Over the last three months, insiders have sold 102,298 shares of company stock valued at $22,871,828. Company insiders own 10.80% of the company’s stock.
Wall Street Analysts Forecast GrowthA number of brokerages have issued reports on AMZN. Telsey Advisory Group reissued an “outperform” rating and set a $275.00 target price on shares of Amazon.
com in a report on Friday, February 7th. JPMorgan Chase & Co. boosted their price objective on Amazon.
com from $250.00 to $280.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th.
Piper Sandler restated an “overweight” rating and issued a $265.00 target price (up previously from $225.00) on shares of Amazon.
com in a research note on Friday, February 7th. DA Davidson upped their price target on Amazon.com from $235.
00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, Loop Capital raised their price objective on shares of Amazon.
com from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, February 12th.
Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the company. 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 Report on Amazon.comAmazon.
com Price PerformanceShares of Amazon.com stock opened at $192.72 on Friday.
The company’s fifty day simple moving average is $216.86 and its two-hundred day simple moving average is $209.08.
Amazon.com, Inc. has a 12-month low of $151.
61 and a 12-month high of $242.52. The firm has a market cap of $2.
04 trillion, a PE ratio of 34.85, a price-to-earnings-growth ratio of 1.50 and a beta of 1.
19. The company has a quick ratio of 0.87, a current ratio of 1.
06 and a debt-to-equity ratio of 0.18. 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, 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%.
As a group, equities analysts expect that Amazon.com, Inc. will post 6.
31 EPS for the current year. Amazon.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.
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com, Inc. (NASDAQ:AMZN – Free Report)..
