22 hours Ago By Defense World Staff
Nichols & Pratt Advisers LLP MA lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.
5% in the fourth quarter, according to the company in its most recent disclosure 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 makes up 2.9% of Nichols & Pratt Advisers LLP MA’s portfolio, making the stock its 13th biggest position. Nichols & Pratt Advisers LLP MA’s holdings in Amazon.
com were worth $42,998,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMZN. Proficio Capital Partners LLC increased its position in Amazon.
com by 17,054.5% during the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock valued at $2,652,116,000 after purchasing an additional 12,018,120 shares during the period.
Parnassus Investments LLC boosted its stake in shares of 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 purchasing an additional 11,391,479 shares in the last quarter. State Street Corp increased its position in shares of Amazon.com by 3.
3% during the third quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock valued at $66,926,008,000 after buying an additional 11,370,309 shares during the period. Geode Capital Management LLC raised its stake in Amazon.
com by 3.4% in the third quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock worth $37,116,341,000 after buying an additional 6,545,944 shares in the last quarter.
Finally, Strategic Financial Concepts LLC lifted its holdings 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 worth $1,119,463,000 after buying an additional 5,081,217 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Amazon.com Stock Up 1.0 %AMZN opened at $192.
17 on Wednesday. The firm’s 50 day simple moving average is $215.38 and its two-hundred day simple moving average is $209.
31. The company 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.
Amazon.com, Inc. has a 1-year low of $151.
61 and a 1-year high of $242.52. The company has a current ratio of 1.
06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.
86 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34.
Amazon.com had a return on equity of 24.25% and a net margin of 9.
29%. As a group, equities analysts forecast that Amazon.com, Inc.
will post 6.31 EPS for the current year. Insider Transactions at Amazon.
comIn other news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.
51. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $26,647,456.60.
This represents a 6.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Also, CEO Douglas J. Herrington sold 27,500 shares of Amazon.com stock in a transaction on Wednesday, February 12th.
The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00.
Following the transaction, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. This trade represents a 5.
24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,298 shares of company stock valued at $22,871,828 over the last quarter.
10.80% of the stock is currently owned by company insiders. Wall Street Analysts Forecast GrowthA number of research firms have weighed in on AMZN.
HSBC upped their target price on Amazon.com from $225.00 to $270.
00 and gave the stock a “buy” rating in a report on Monday, January 13th. Wedbush reiterated an “outperform” rating and issued a $280.00 price objective on shares of Amazon.
com in a report on Friday, February 7th. Canaccord Genuity Group reissued a “buy” rating on shares of Amazon.com in a research report on Thursday, February 13th.
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 report on Thursday, December 12th. Finally, Sanford C. Bernstein increased their price target on shares of Amazon.
com from $235.00 to $265.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th.
Two analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $260.
53.Get Our Latest Stock Report on Amazon.comAmazon.
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.Featured ArticlesFive stocks we like better than Amazon.comWhy Invest in 5G? How to Invest in 5G Stocks D-Wave: Multiple Use Cases Emerge Following Quantum SupremacyETF Screener: Uses and Step-by-Step Guide Amazon Falls Back to a Key Support Line: Here’s How to Play ItThe 3 Best Retail Stocks to Shop for in AugustBuffett Trims Equities, But Still Keeps Buying This Stock Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.
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