2 weeks Ago By Defense World Staff
Mason Investment Advisory Services Inc. reduced its holdings in Amazon.com, Inc.
(NASDAQ:AMZN – Free Report) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,600 shares of the e-commerce giant’s stock after selling 84 shares during the period.
Mason Investment Advisory Services Inc.’s holdings in Amazon.com were worth $570,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its holdings in Amazon.com by 17,054.
5% during the fourth quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock worth $2,652,116,000 after buying an additional 12,018,120 shares during the last quarter. Parnassus Investments LLC raised its position in shares of Amazon.
com by 82,457.3% in the 3rd quarter. Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock valued at $2,125,148,000 after acquiring an additional 11,391,479 shares during the period.
State Street Corp boosted its stake in Amazon.com by 3.3% during the 3rd quarter.
State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after acquiring an additional 11,370,309 shares during the last quarter. Geode Capital Management LLC grew its holdings in Amazon.com by 3.
4% during the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after purchasing an additional 6,545,944 shares during the period. Finally, Strategic Financial Concepts LLC increased its stake in Amazon.
com by 23,742.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock valued at $1,119,463,000 after purchasing an additional 5,081,217 shares in the last quarter.
72.20% of the stock is owned by institutional investors. Insider Activity at Amazon.
comIn related news, CFO Brian T. Olsavsky sold 14,620 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $223.
14, for a total value of $3,262,306.80. Following the completion of the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at $10,933,860.
The trade was a 22.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Also, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was 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 of the company’s stock, valued at $467,532,195.
90. This represents a 0.97 % decrease in their position.
The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,798 shares of company stock worth $23,341,803. Company insiders own 10.
80% of the company’s stock. Amazon.com Stock Down 4.
2 %AMZN opened at $171.00 on Friday. The company has a debt-to-equity ratio of 0.
18, a quick ratio of 0.87 and a current ratio of 1.06.
The stock has a fifty day moving average of $212.18 and a 200-day moving average of $208.91.
Amazon.com, Inc. has a fifty-two week low of $151.
61 and a fifty-two week high of $242.52. The company has a market capitalization of $1.
81 trillion, a P/E ratio of 30.92, a P/E/G ratio of 1.50 and a beta of 1.
39. Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, equities analysts expect that Amazon.
com, Inc. will post 6.31 EPS for the current year.
Wall Street Analysts Forecast GrowthSeveral equities analysts have recently issued reports on the stock. JMP Securities set a $285.00 price target on shares of Amazon.
com in a report on Thursday, March 27th. Morgan Stanley increased their price target on Amazon.com from $230.
00 to $280.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Royal Bank of Canada raised their target price on shares of Amazon.
com from $255.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, February 7th.
Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 price target on shares of Amazon.com in a report on Friday, February 7th.
Finally, Needham & Company LLC restated a “buy” rating and set a $250.00 price objective on shares of Amazon.com 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $260.53.
View Our Latest Research Report on AMZNAbout 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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