10 hours Ago By ABMN Staff
Hixon Zuercher LLC reduced its position in Amazon.com, Inc. ( NASDAQ:AMZN ) by 2.
4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,232 shares of the e-commerce giant’s stock after selling 821 shares during the quarter. Amazon.
com makes up 2.8% of Hixon Zuercher LLC’s portfolio, making the stock its 6th largest holding. Hixon Zuercher LLC’s holdings in Amazon.
com were worth $7,291,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Fiera Capital Corp raised its stake in Amazon.
com by 12.5% during the second quarter. Fiera Capital Corp now owns 401,113 shares of the e-commerce giant’s stock worth $77,515,000 after acquiring an additional 44,615 shares in the last quarter.
Beck Bode LLC acquired a new position in Amazon.com during the second quarter worth $651,000. Clear Point Advisors Inc.
raised its stake in Amazon.com by 3.2% during the second quarter.
Clear Point Advisors Inc. now owns 5,176 shares of the e-commerce giant’s stock worth $1,000,000 after acquiring an additional 160 shares in the last quarter. Zurich Insurance Group Ltd FI raised its stake in Amazon.
com by 2.5% during the second quarter. Zurich Insurance Group Ltd FI now owns 2,722,578 shares of the e-commerce giant’s stock worth $526,138,000 after acquiring an additional 66,598 shares in the last quarter.
Finally, Fred Alger Management LLC raised its stake in Amazon.com by 1.7% during the second quarter.
Fred Alger Management LLC now owns 6,521,736 shares of the e-commerce giant’s stock worth $1,260,325,000 after acquiring an additional 108,494 shares in the last quarter. 72.20% of the stock is owned by institutional investors.
Insider Buying and Selling at Amazon.com In other news, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction that occurred on Tuesday, February 18th.
The stock was sold at an average price of $228.44, for a total value of $1,256,648.44.
Following the completion of the transaction, the chief executive officer now owns 505,318 shares of the company’s stock, valued at approximately $115,434,843.92. This represents a 1.
08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, Director Jonathan Rubinstein sold 4,351 shares of the 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 transaction, the director now directly owns 88,203 shares of the company’s stock, valued at $20,273,459.55. This represents a 4.
70 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 40,852 shares of company stock valued at $9,324,151 in the last 90 days.
Insiders own 10.80% of the company’s stock. Analyst Upgrades and Downgrades View Our Latest Stock Report on Amazon.
com Amazon.com Trading Down 2.8 % Shares of AMZN stock opened at $216.
58 on Friday. The stock has a market capitalization of $2.30 trillion, a PE ratio of 39.
16, a P/E/G ratio of 1.57 and a beta of 1.15.
Amazon.com, Inc. has a 1-year low of $151.
61 and a 1-year high of $242.52. The business has a 50-day moving average of $227.
88 and a 200 day moving average of $203.96. The company has a debt-to-equity ratio of 0.
18, a current ratio of 1.06 and a quick ratio of 0.87.
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, beating 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%. As a group, sell-side analysts anticipate that Amazon.com, Inc.
will post 6.31 earnings per share 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. Featured Articles 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 ). Receive News & Ratings for Amazon.
com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .
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