22 hours Ago By ABMN Staff
Nichols & Pratt Advisers LLP MA lowered its stake in Amazon.com, Inc. ( NASDAQ:AMZN ) by 0.
5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 195,989 shares of the e-commerce giant’s stock after selling 980 shares during the quarter. Amazon.
com comprises approximately 2.9% of Nichols & Pratt Advisers LLP MA’s holdings, making the stock its 13th largest holding. Nichols & Pratt Advisers LLP MA’s holdings in Amazon.
com were worth $42,998,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors have also made changes to their positions in the company. Proficio Capital Partners LLC increased its holdings in shares of Amazon.
com by 17,054.5% in 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 purchasing an additional 12,018,120 shares during the last quarter.
Parnassus Investments LLC grew its holdings in Amazon.com by 82,457.3% during 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 buying an additional 11,391,479 shares in the last quarter. State Street Corp increased its stake in Amazon.com by 3.
3% in 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 raised its holdings in shares of Amazon.
com by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after acquiring an additional 6,545,944 shares in the last quarter.
Finally, Strategic Financial Concepts LLC raised its holdings in shares of Amazon.com by 23,742.9% during the 4th quarter.
Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock worth $1,119,463,000 after acquiring an additional 5,081,217 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.
Wall Street Analyst Weigh In A number of research analysts recently weighed in on AMZN shares. Scotiabank raised their target price on shares of Amazon.com from $246.
00 to $306.00 and gave the company a “sector outperform” rating in a report on Friday, January 24th. Wolfe Research lifted their price objective on shares of Amazon.
com from $250.00 to $270.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd.
Citigroup restated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Rosenblatt Securities increased their price target on shares of Amazon.
com from $236.00 to $287.00 and gave the company a “buy” rating in a report on Friday, February 7th.
Finally, Royal Bank of Canada boosted their price objective on Amazon.com from $255.00 to $265.
00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Two equities research 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’s stock. According to data from MarketBeat.
com, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $260.53.
Insider Activity In other Amazon.com news, CEO Douglas J. Herrington sold 5,501 shares of Amazon.
com stock in a transaction that occurred 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 directly owns 505,318 shares in the company, valued at approximately $115,434,843.92.
The trade was a 1.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website .
Also, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.
90. This trade represents a 0.97 % decrease in their position.
The disclosure for this sale can be found here . Over the last three months, insiders have sold 102,298 shares of company stock valued at $22,871,828. Company insiders own 10.
80% of the company’s stock. Amazon.com Stock Performance Shares of AMZN opened at $192.
17 on Wednesday. Amazon.com, Inc.
has a 12 month low of $151.61 and a 12 month high of $242.52.
The stock has a fifty day moving average price of $215.38 and a 200-day moving average price of $209.31.
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 market cap of $2.04 trillion, a PE ratio of 34.
75, a P/E/G ratio of 1.50 and a beta of 1.19.
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, topping the consensus estimate of $1.52 by $0.34.
Amazon.com had a return on equity of 24.25% and a net margin of 9.
29%. Equities research analysts predict that Amazon.com, Inc.
will post 6.31 earnings per share for the current fiscal year. 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. Featured Articles 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 .
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