Keystone Wealth Services LLC Has $4.67 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Keystone Wealth Services LLC lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 4.

9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 21,290 shares of the e-commerce giant’s stock after acquiring an additional 991 shares during the period. Amazon.



com makes up about 1.2% of Keystone Wealth Services LLC’s investment portfolio, making the stock its 17th biggest position. Keystone Wealth Services LLC’s holdings in Amazon.

com were worth $4,671,000 at the end of the most recent quarter. Several other institutional investors have also made changes to their positions in AMZN. Accordant Advisory Group Inc raised its stake in Amazon.

com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after acquiring an additional 100 shares in the last quarter.

Compass Planning Associates Inc acquired a new stake in shares of Amazon.com during the 4th quarter worth about $51,000. Quattro Financial Advisors LLC raised its stake in shares of Amazon.

com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 45 shares during the last quarter.

Halbert Hargrove Global Advisors LLC bought a new position in Amazon.com in the 4th quarter valued at $54,000. Finally, Iron Horse Wealth Management LLC boosted its stake in Amazon.

com by 64.4% in the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock worth $63,000 after purchasing an additional 112 shares in the last quarter.

72.20% of the stock is currently owned by institutional investors and hedge funds. Amazon.

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

Amazon.com, Inc. has a 12-month low of $151.

61 and a 12-month high of $242.52. The company has a quick ratio of 0.

87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.

The firm has a fifty day moving average of $213.46 and a 200-day moving average of $209.01.

The company has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 32.26, a P/E/G ratio of 1.

50 and a beta of 1.19. Amazon.

com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (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 research analysts predict that Amazon.com, Inc. will post 6.

31 earnings per share for the current fiscal year. Wall Street Analyst Weigh InSeveral equities research analysts have weighed in on the stock. Telsey Advisory Group restated an “outperform” rating and issued a $275.

00 price objective on shares of Amazon.com in a research report on Friday, February 7th. Westpark Capital assumed coverage on shares of Amazon.

com in a research report on Tuesday. They issued a “buy” rating and a $280.00 price objective for the company.

Phillip Securities lowered Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 10th. Needham & Company LLC reissued a “buy” rating and issued a $250.

00 target price on shares of Amazon.com in a research note on Friday, February 7th. Finally, Rosenblatt Securities upped their price target on Amazon.

com from $236.00 to $287.00 and gave the company a “buy” rating 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 assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $260.53.

View Our Latest Analysis on AMZNInsider Buying and SellingIn related news, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were 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 owns 119,780 shares of the company’s stock, valued at approximately $26,647,456.60.

This trade represents a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Also, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction on Tuesday, February 18th.

The shares were sold at an average price of $228.44, for a total transaction of $1,256,648.44.

Following the completion of the sale, the chief executive officer now owns 505,318 shares in the company, valued at $115,434,843.92. The trade was a 1.

08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 104,798 shares of company stock worth $23,341,803.

10.80% of the stock is owned by corporate insiders. 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).

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