10 hours Ago By ABMN Staff
Norris Perne & French LLP MI lifted its position in Amazon.com, Inc. ( NASDAQ:AMZN ) by 5.
8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 230,748 shares of the e-commerce giant’s stock after buying an additional 12,553 shares during the quarter. Amazon.
com comprises approximately 3.7% of Norris Perne & French LLP MI’s holdings, making the stock its 3rd biggest position. Norris Perne & French LLP MI’s holdings in Amazon.
com were worth $50,624,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds have also added to or reduced their stakes in AMZN. International Assets Investment Management LLC lifted its holdings in Amazon.
com by 20,897.2% during the 3rd quarter. International Assets Investment Management LLC now owns 39,135,449 shares of the e-commerce giant’s stock valued at $72,921,080,000 after purchasing an additional 38,949,065 shares during the last quarter.
Parnassus Investments LLC lifted 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 purchasing an additional 11,391,479 shares during the last quarter. State Street Corp lifted its holdings 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 worth $66,926,008,000 after buying an additional 11,370,309 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of 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 worth $37,116,341,000 after buying an additional 6,545,944 shares in the last quarter.
Finally, B. Metzler seel. Sohn & Co.
Holding AG acquired a new stake in shares of Amazon.com during the third quarter worth $492,144,000. Institutional investors and hedge funds own 72.
20% of the company’s stock. Amazon.com Price Performance Amazon.
com stock opened at $216.58 on Friday. The stock’s 50 day moving average is $227.
88 and its 200 day moving average is $203.96. The company has a debt-to-equity ratio of 0.
18, a current ratio of 1.06 and a quick ratio of 0.87.
The firm has a market cap of $2.30 trillion, a P/E ratio of 39.16, a P/E/G ratio of 1.
57 and a beta of 1.15. Amazon.
com, Inc. has a one year low of $151.61 and a one year high of $242.
52. Insider Buying and Selling at Amazon.com In other Amazon.
com news, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.
35. Following the transaction, the director now directly owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55.
The trade was a 4.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
Also, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $210.
00, for a total value of $735,000.00. Following the completion of the transaction, the chief executive officer now directly owns 524,567 shares in the company, valued at approximately $110,159,070.
This trade represents a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Over the last three months, insiders have sold 40,852 shares of company stock valued at $9,324,151. 10.80% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In AMZN has been the subject of a number of research reports. Susquehanna lifted their target price on Amazon.com from $220.
00 to $230.00 and gave the stock a “positive” rating in a report on Friday, November 1st. Citigroup dropped their target price on Amazon.
com from $275.00 to $273.00 and set a “buy” rating for the company in a report on Friday, February 7th.
Canaccord Genuity Group lifted their target price on Amazon.com from $265.00 to $280.
00 and gave the stock a “buy” rating in a report on Friday, February 7th. Phillip Securities downgraded Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 10th.
Finally, Barclays lifted their target price on Amazon.com from $235.00 to $265.
00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.
com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $260.74.
Check Out Our Latest Research Report on AMZN 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. 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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