22 hours Ago By Defense World Staff
Jacobi Capital Management LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.
2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,975 shares of the e-commerce giant’s stock after buying an additional 656 shares during the period. Jacobi Capital Management LLC’s holdings in Amazon.
com were worth $6,796,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Anfield Capital Management LLC boosted its holdings in Amazon.
com by 2.5% in the fourth quarter. Anfield Capital Management LLC now owns 2,646 shares of the e-commerce giant’s stock valued at $581,000 after acquiring an additional 64 shares in the last quarter.
Metis Global Partners LLC boosted its stake in shares of Amazon.com by 2.4% during the 4th quarter.
Metis Global Partners LLC now owns 537,409 shares of the e-commerce giant’s stock valued at $117,902,000 after purchasing an additional 12,389 shares in the last quarter. West Michigan Advisors LLC increased its position in shares of Amazon.com by 0.
9% during the fourth quarter. West Michigan Advisors LLC now owns 18,319 shares of the e-commerce giant’s stock valued at $4,019,000 after buying an additional 172 shares during the period. Noble Wealth Management PBC bought a new position in Amazon.
com in the fourth quarter worth about $1,160,000. Finally, US Bancorp DE lifted its holdings in Amazon.com by 0.
4% in the fourth quarter. US Bancorp DE now owns 5,774,653 shares of the e-commerce giant’s stock worth $1,266,901,000 after buying an additional 20,390 shares during the period. Institutional investors own 72.
20% of the company’s stock. Insider ActivityIn other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction that occurred on Friday, February 21st.
The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51.
Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This trade represents a 6.
87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J.
Herrington sold 27,500 shares of Amazon.com stock in a transaction that occurred on 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 directly 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. Insiders have sold a total of 102,298 shares of company stock valued at $22,871,828 in the last ninety days. Corporate insiders own 10.
80% of the company’s stock. Analysts Set New Price TargetsSeveral research analysts have recently issued reports on the company. Rosenblatt Securities increased their target price on Amazon.
com from $236.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, February 7th.
Morgan Stanley upped their price target on Amazon.com from $230.00 to $280.
00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Maxim Group raised their price objective on Amazon.com from $260.
00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Amazon.
com in a research report on Thursday, February 13th. Finally, Piper Sandler reissued an “overweight” rating and set a $265.00 price target (up from $225.
00) on shares of Amazon.com in a research report on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company.
Based on data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $260.53.
Get Our Latest Stock Report on Amazon.comAmazon.com Stock Up 1.
0 %AMZN opened at $192.17 on Wednesday. The firm’s 50 day simple moving average is $215.
38 and its two-hundred day simple moving average is $209.31. The company has a market capitalization of $2.
04 trillion, a PE ratio of 34.75, a PEG ratio of 1.50 and a beta of 1.
19. Amazon.com, Inc.
has a 1-year low of $151.61 and a 1-year 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. Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 EPS 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%. As a group, equities analysts forecast that Amazon.
com, Inc. will post 6.31 EPS for the current year.
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.Recommended StoriesFive stocks we like better than Amazon.
comNatural Gas Prices Continue To Rally, These Stocks Should BenefitD-Wave: Multiple Use Cases Emerge Following Quantum SupremacyHow Technical Indicators Can Help You Find Oversold Stocks Amazon Falls Back to a Key Support Line: Here’s How to Play ItTop Stocks Investing in 5G TechnologyBuffett Trims Equities, But Still Keeps Buying This Stock 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)..
