2 weeks Ago By ABMN Staff
Motiv8 Investments LLC trimmed its position in Amazon.com, Inc. ( NASDAQ:AMZN ) by 10.
5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,159 shares of the e-commerce giant’s stock after selling 370 shares during the period. Motiv8 Investments LLC’s holdings in Amazon.
com were worth $693,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also bought and sold shares of AMZN. AMF Tjanstepension AB grew its stake in Amazon.
com by 44.3% in the third quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock valued at $492,172,000 after acquiring an additional 811,425 shares during the period.
Swedbank AB lifted its holdings in shares of Amazon.com by 1.4% during the 3rd quarter.
Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after purchasing an additional 183,610 shares in the last quarter. Sassicaia Capital Advisers LLC acquired a new position in shares of Amazon.com in the 3rd quarter valued at approximately $279,000.
Howard Capital Management Group LLC increased its stake in Amazon.com by 0.3% during the 3rd quarter.
Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock worth $66,434,000 after purchasing an additional 897 shares in the last quarter. Finally, Meridian Management Co. raised its holdings in Amazon.
com by 27.6% during the 3rd quarter. Meridian Management Co.
now owns 33,460 shares of the e-commerce giant’s stock worth $6,235,000 after buying an additional 7,246 shares during the period. Institutional investors own 72.20% of the company’s stock.
Insider Buying and Selling at Amazon.com In other Amazon.com news, CEO Douglas J.
Herrington sold 5,501 shares of the stock in a transaction dated 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 sale, the chief executive officer now directly owns 505,318 shares in the company, valued at $115,434,843.92.
This represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website .
Also, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $220.
65, for a total transaction of $4,585,989.60. Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at approximately $467,532,195.
90. This represents a 0.97 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders sold 102,298 shares of company stock valued at $22,871,828 in the last three months. Corporate insiders own 10.
80% of the company’s stock. Amazon.com Price Performance Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last released 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%.
Analysts forecast that Amazon.com, Inc. will post 6.
31 EPS for the current year. Analysts Set New Price Targets Several research analysts have recently weighed in on AMZN shares. Jefferies Financial Group upped their price target on shares of Amazon.
com from $235.00 to $275.00 and gave the company a “buy” rating in a report on Monday, December 16th.
TD Cowen upped their target price on shares of Amazon.com from $240.00 to $265.
00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Scotiabank lifted their price target on Amazon.com from $246.
00 to $306.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. Robert W.
Baird upped their price objective on Amazon.com from $220.00 to $260.
00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Finally, Morgan Stanley lifted their target price on Amazon.com from $230.
00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the stock.
According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.65. Read Our Latest Research Report on Amazon.
com 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. See Also 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 ).
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