1 week Ago By Defense World Staff
Klingenstein Fields & Co. LP boosted its stake in shares of Amazon.com, Inc.
( NASDAQ:AMZN ) by 0.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 405,239 shares of the e-commerce giant’s stock after purchasing an additional 103 shares during the period.
Amazon.com comprises about 3.0% of Klingenstein Fields & Co.
LP’s investment portfolio, making the stock its 8th biggest position. Klingenstein Fields & Co. LP’s holdings in Amazon.
com were worth $75,508,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in Amazon.
com by 20,897.2% in the 3rd quarter. International Assets Investment Management LLC now owns 39,135,449 shares of the e-commerce giant’s stock worth $72,921,080,000 after buying an additional 38,949,065 shares during the period.
Swedbank AB purchased a new stake in shares of Amazon.com during the first quarter worth about $2,239,757,000. Strategic Financial Concepts LLC lifted its holdings in Amazon.
com by 13,606.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 3,932,580 shares of the e-commerce giant’s stock worth $759,971,000 after purchasing an additional 3,903,889 shares in the last quarter.
Wulff Hansen & CO. boosted its stake in Amazon.com by 20,517.
4% in the 2nd quarter. Wulff Hansen & CO. now owns 3,884,325 shares of the e-commerce giant’s stock worth $750,646,000 after purchasing an additional 3,865,485 shares during the period.
Finally, Granite Bay Wealth Management LLC grew its holdings in Amazon.com by 6,590.8% during the 2nd quarter.
Granite Bay Wealth Management LLC now owns 2,353,894 shares of the e-commerce giant’s stock valued at $432,394,000 after buying an additional 2,318,713 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Insider Buying and Selling at Amazon.com In other Amazon.com news, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction dated Monday, December 9th.
The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35.
Following the sale, the director now owns 88,203 shares in the company, valued at approximately $20,273,459.55. The trade was a 4.
70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CEO Matthew S.
Garman sold 15,260 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $200.19, for a total value of $3,054,899.
40. Following the completion of the transaction, the chief executive officer now owns 349,261 shares of the company’s stock, valued at approximately $69,918,559.59.
The trade was a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Over the last ninety days, insiders sold 6,034,534 shares of company stock worth $1,253,883,872. 10.80% of the stock is owned by insiders.
Amazon.com Stock Up 2.3 % Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.
14 by $0.29. The business had revenue of $158.
88 billion for the quarter, compared to analyst estimates of $157.28 billion. Amazon.
com had a net margin of 8.04% and a return on equity of 22.41%.
The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.
85 earnings per share. On average, sell-side analysts predict that Amazon.com, Inc.
will post 5.29 EPS for the current fiscal year. Analyst Ratings Changes Several research firms recently weighed in on AMZN.
Robert W. Baird raised their target price on shares of Amazon.com from $213.
00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Loop Capital increased their price target on Amazon.
com from $225.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th.
Truist Financial increased their target price on Amazon.com from $265.00 to $270.
00 and gave the company a “buy” rating in a research report on Friday, November 1st. Redburn Atlantic upped their price target on shares of Amazon.com from $225.
00 to $235.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Susquehanna lifted their price objective on shares of Amazon.
com from $220.00 to $230.00 and gave the stock a “positive” rating in a research note on Friday, November 1st.
Two investment analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $237.42.
Get Our Latest Report on AMZN 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. Featured Articles Five stocks we like better than Amazon.
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