22 hours Ago By ABMN Staff
Hickory Point Bank & Trust purchased a new stake in Amazon.com, Inc. ( NASDAQ:AMZN ) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor purchased 6,435 shares of the e-commerce giant’s stock, valued at approximately $1,412,000. Amazon.com makes up 1.
3% of Hickory Point Bank & Trust’s investment portfolio, making the stock its 14th largest holding. Several other hedge funds and other institutional investors have also recently made changes to their positions in AMZN. Cable Hill Partners LLC raised its holdings in Amazon.
com by 0.5% in the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after acquiring an additional 44 shares in the last quarter.
Quattro Financial Advisors LLC grew its holdings in Amazon.com by 23.8% during the 4th 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. White Wing Wealth Management increased its position in shares of Amazon.com by 2.
4% in the 4th quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after purchasing an additional 47 shares during the last quarter. MBM Wealth Consultants LLC raised its holdings in shares of Amazon.
com by 0.6% in the 4th 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 in the last quarter.
Finally, Semus Wealth Partners LLC lifted its position 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 worth $3,339,000 after purchasing an additional 49 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Wall Street Analyst Weigh In AMZN has been the topic of several recent analyst reports. Maxim Group increased their target price on Amazon.com from $260.
00 to $280.00 and gave the company a “buy” rating in a report on Friday, February 7th. Westpark Capital started coverage on Amazon.
com in a research report on Tuesday. They set a “buy” rating and a $280.00 price objective for the company.
Canaccord Genuity Group reissued a “buy” rating on shares of Amazon.com in a research report on Thursday, February 13th. UBS Group boosted their target price on Amazon.
com from $230.00 to $264.00 and gave the stock a “buy” rating in a research note on Monday, December 16th.
Finally, Piper Sandler reiterated an “overweight” rating and issued a $265.00 price target (up from $225.00) on shares of Amazon.
com in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.
com, Amazon.com currently has an average rating of “Moderate Buy” and a consensus target price of $260.53.
Amazon.com Trading Up 1.0 % Shares of AMZN opened at $192.
17 on Wednesday. Amazon.com, Inc.
has a twelve month low of $151.61 and a twelve month high of $242.52.
The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.
18. The firm has a market capitalization of $2.04 trillion, a P/E ratio of 34.
75, a PEG ratio of 1.50 and a beta of 1.19.
The firm’s 50-day moving average is $215.38 and its two-hundred day moving average is $209.31.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 earnings per share for the quarter, topping analysts’ consensus estimates 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, research analysts predict that Amazon.com, Inc.
will post 6.31 earnings per share for the current fiscal year. Insider Transactions at Amazon.
com In other news, SVP David Zapolsky sold 19,212 shares of the business’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total value of $4,178,610.
00. Following the completion of the transaction, the senior vice president now directly owns 49,950 shares of the company’s stock, valued at $10,864,125. The trade was a 27.
78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . Also, CEO Andrew R.
Jassy sold 20,784 shares of the company’s 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 completion of the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90.
This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold 102,298 shares of company stock valued at $22,871,828 in the last 90 days. 10.80% of the stock is currently owned by insiders.
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. Read More 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. ( NASDAQ:AMZN – Free Report ).
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