James Reed Financial Services Inc. Purchases Shares of 936 Amazon.com, Inc. (NASDAQ:AMZN)

featured-image

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

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

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



com makes up approximately 0.2% of James Reed Financial Services Inc.’s holdings, making the stock its 18th biggest position.

A number of other large investors have also recently made changes to their positions in AMZN. Proficio Capital Partners LLC increased its holdings in Amazon.com by 17,054.

5% in the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock valued at $2,652,116,000 after buying an additional 12,018,120 shares during the last quarter. Parnassus Investments LLC boosted its position in shares of Amazon.

com by 82,457.3% during the 3rd quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock worth $2,125,148,000 after acquiring an additional 11,391,479 shares in the last quarter.

State Street Corp increased its holdings in shares of Amazon.com by 3.3% in the 3rd quarter.

State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after acquiring an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Amazon.com by 3.

4% during the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after acquiring an additional 6,545,944 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in Amazon.

com by 23,742.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock worth $1,119,463,000 after purchasing an additional 5,081,217 shares during the last quarter.

72.20% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes AMZN has been the topic of several recent analyst reports.

Sanford C. Bernstein increased their price target on shares of Amazon.com from $235.

00 to $265.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Jefferies Financial Group dropped their target price on shares of Amazon.

com from $275.00 to $250.00 and set a “buy” rating on the stock in a research report on Monday.

Tigress Financial boosted their price target on shares of Amazon.com from $245.00 to $290.

00 and gave the company a “buy” rating in a research report on Friday, December 20th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $275.00 price objective on shares of Amazon.

com in a report on Friday, February 7th. Finally, TD Cowen boosted their target price on Amazon.com from $240.

00 to $265.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Two analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the company’s stock.

According to MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $260.

53. Amazon.com Trading Down 9.

0 % Shares of Amazon.com stock opened at $178.41 on Friday.

The company has a 50-day moving average of $213.46 and a two-hundred day moving average of $209.01.

The stock 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. Amazon.

com, Inc. has a 12-month low of $151.61 and a 12-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. Amazon.

com ( NASDAQ:AMZN – Get Free Report ) last announced its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share 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%.

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

31 EPS for the current fiscal year. Insider Activity In other news, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.

47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $26,647,456.

60. The trade was a 6.87 % 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 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 completion of the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at $114,459,618.09. The trade was a 5.

24 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 104,798 shares of company stock worth $23,341,803 over the last ninety 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. Featured Stories 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 .

.