22 hours Ago By Defense World Staff
Metis Global Partners LLC boosted its holdings in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 2.
4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 537,409 shares of the e-commerce giant’s stock after acquiring an additional 12,389 shares during the quarter. Amazon.
com makes up approximately 3.6% of Metis Global Partners LLC’s portfolio, making the stock its 6th largest holding. Metis Global Partners LLC’s holdings in Amazon.
com were worth $117,902,000 at the end of the most recent quarter. A number of other institutional investors have also recently added to or reduced their stakes in AMZN. Rench Wealth Management Inc.
boosted its holdings in Amazon.com by 7.9% in the third quarter.
Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant’s stock worth $9,392,000 after purchasing an additional 3,703 shares in the last quarter. Blankinship & Foster LLC raised its holdings in Amazon.
com by 216.4% during the third quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant’s stock valued at $1,291,000 after buying an additional 4,740 shares in the last quarter.
Umpqua Bank lifted its position in shares of Amazon.com by 0.4% in the third quarter.
Umpqua Bank now owns 35,120 shares of the e-commerce giant’s stock worth $6,544,000 after buying an additional 137 shares during the last quarter. One Wealth Capital Management LLC bought a new stake in shares of Amazon.com during the 4th quarter worth about $4,270,000.
Finally, Floyd Financial Group LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at about $4,494,000. 72.
20% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several equities research analysts recently weighed in on AMZN shares. Cantor Fitzgerald restated an “overweight” rating and issued a $270.
00 target price on shares of Amazon.com in a report on Friday, February 7th. Robert W.
Baird boosted their price objective on shares of Amazon.com from $220.00 to $260.
00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. HSBC upped their price objective on shares of Amazon.com from $225.
00 to $270.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Sanford C.
Bernstein lifted their target price on shares of Amazon.com from $235.00 to $265.
00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. Finally, Roth Mkm upped their price target on shares of Amazon.com from $220.
00 to $250.00 and gave the company a “buy” rating in a report on Monday, December 9th. Two investment 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 stock.
Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $260.53. Amazon.
com Trading Up 1.0 % AMZN opened at $192.17 on Wednesday.
Amazon.com, Inc. has a 1-year low of $151.
61 and a 1-year high of $242.52. The stock has a market capitalization of $2.
04 trillion, a PE ratio of 34.75, a PEG ratio of 1.50 and a beta of 1.
19. The company has a current ratio of 1.06, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $215.
38 and a two-hundred day moving average price of $209.31. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last issued 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 net margin of 9.29% and a return on equity of 24.25%.
As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.
31 earnings per share for the current fiscal year. Insider Transactions at Amazon.com In other Amazon.
com news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.
27, for a total value of $6,332,425.00. Following the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.
09. This trade represents a 5.24 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, VP Shelley Reynolds sold 8,833 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.
47, for a total transaction of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.
60. The trade was a 6.87 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold a total of 102,298 shares of company stock worth $22,871,828 over the last 90 days. 10.
80% of the stock is owned by insiders. Amazon.com 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.
Further Reading Five stocks we like better than Amazon.com What is MarketRankTM? How to Use it D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy Are Penny Stocks a Good Fit for Your Portfolio? Amazon Falls Back to a Key Support Line: Here’s How to Play It Buy P&G Now, Before It Sets A New All-Time High Buffett Trims Equities, But Still Keeps Buying This Stock 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 .
.
