James Reed Financial Services Inc. Makes New $205,000 Investment in Amazon.com, Inc. (NASDAQ:AMZN)

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James Reed Financial Services Inc. acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 936 shares of the e-commerce giant’s stock, valued at approximately $205,000. Amazon.com makes up 0.2% of [...]

James Reed Financial Services Inc. acquired a new stake in shares of Amazon.com, Inc.

(NASDAQ:AMZN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 936 shares of the e-commerce giant’s stock, valued at approximately $205,000. Amazon.



com makes up 0.2% of James Reed Financial Services Inc.’s investment portfolio, making the stock its 18th largest holding.

Several other large investors have also recently made changes to their positions in AMZN. Cable Hill Partners LLC grew its position in Amazon.com by 0.

5% during the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock worth $2,104,000 after purchasing an additional 44 shares during the period. Quattro Financial Advisors LLC grew its holdings 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 acquiring an additional 45 shares during the period.

White Wing Wealth Management grew its holdings in Amazon.com by 2.4% during the fourth quarter.

White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock worth $433,000 after acquiring an additional 47 shares during the period. MBM Wealth Consultants LLC raised its position in Amazon.com by 0.

6% during 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 acquiring an additional 48 shares in the last quarter. Finally, Semus Wealth Partners LLC lifted its holdings in Amazon.

com by 0.3% in the third quarter. Semus Wealth Partners LLC now owns 17,920 shares of the e-commerce giant’s stock valued at $3,339,000 after acquiring an additional 49 shares during the period.

72.20% of the stock is owned by institutional investors. Amazon.

com Trading Down 9.0 %Shares of AMZN stock opened at $178.41 on Friday.

Amazon.com, Inc. has a 1-year low of $151.

61 and a 1-year high of $242.52. The firm has a market cap of $1.

89 trillion, a PE ratio of 32.26, a price-to-earnings-growth ratio of 1.50 and a beta of 1.

19. The company has a 50-day moving average of $213.46 and a two-hundred day moving average of $209.

01. 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 issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping the consensus estimate of $1.

52 by $0.34. Amazon.

com had a net margin of 9.29% and a return on equity of 24.25%.

On average, analysts predict that Amazon.com, Inc. will post 6.

31 EPS for the current year. Insider Transactions at Amazon.comIn other Amazon.

com news, CEO Andrew R. Jassy sold 20,784 shares of the business’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 sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.

90. This represents a 0.97 % decrease in their ownership of the stock.

The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st.

The shares were sold at an average price of $187.99, for a total transaction of $469,975.00.

Following the completion of the transaction, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at approximately $95,776,017.26. The trade was a 0.

49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,798 shares of company stock worth $23,341,803 over the last ninety days.

Company insiders own 10.80% of the company’s stock. Analyst Ratings ChangesSeveral research firms recently issued reports on AMZN.

Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.com in a research note on Thursday, February 13th. Loop Capital upped their price objective on shares of Amazon.

com from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th.

Wedbush reissued an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, February 7th.

Scotiabank upped their price target on Amazon.com from $246.00 to $306.

00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th. Finally, DA Davidson raised their price objective on Amazon.com from $235.

00 to $280.00 and gave the company a “buy” rating in a report on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the company’s stock.

According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $260.53.Get Our Latest Analysis on Amazon.

comAbout 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.Featured StoriesFive stocks we like better than Amazon.

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(NASDAQ:AMZN – Free Report)..