1 week Ago By Defense World Staff
Northeast Investment Management trimmed its position in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 0.
3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 557,834 shares of the e-commerce giant’s stock after selling 1,767 shares during the quarter. Amazon.
com makes up 4.7% of Northeast Investment Management’s holdings, making the stock its 4th largest position. Northeast Investment Management’s holdings in Amazon.
com were worth $103,941,000 at the end of the most recent reporting period. Several other hedge funds have also bought and sold shares of the company. Foundations Investment Advisors LLC grew its holdings in shares of Amazon.
com by 9.7% during the 3rd quarter. Foundations Investment Advisors LLC now owns 184,594 shares of the e-commerce giant’s stock worth $34,395,000 after purchasing an additional 16,392 shares in the last quarter.
BayBridge Capital Group LLC raised its stake in Amazon.com by 51.8% in the third quarter.
BayBridge Capital Group LLC now owns 14,368 shares of the e-commerce giant’s stock valued at $2,677,000 after purchasing an additional 4,905 shares in the last quarter. Zhang Financial LLC lifted its position in Amazon.com by 12.
9% during the third quarter. Zhang Financial LLC now owns 51,091 shares of the e-commerce giant’s stock worth $9,520,000 after purchasing an additional 5,828 shares during the period. Northwestern Mutual Wealth Management Co.
grew its stake in Amazon.com by 0.5% during the second quarter.
Northwestern Mutual Wealth Management Co. now owns 2,847,177 shares of the e-commerce giant’s stock worth $550,217,000 after buying an additional 14,766 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Amazon.
com by 19.2% in the 3rd quarter. GAMMA Investing LLC now owns 119,205 shares of the e-commerce giant’s stock valued at $22,211,000 after buying an additional 19,231 shares during the period.
72.20% of the stock is currently owned by institutional investors and hedge funds. Amazon.
com Price Performance Shares of NASDAQ AMZN opened at $230.26 on Thursday. Amazon.
com, Inc. has a twelve month low of $144.05 and a twelve month high of $231.
20. The company has a current ratio of 1.09, a quick ratio of 0.
87 and a debt-to-equity ratio of 0.21. The stock has a market cap of $2.
42 trillion, a P/E ratio of 49.31, a P/E/G ratio of 1.52 and a beta of 1.
16. The stock has a 50 day moving average of $198.98 and a two-hundred day moving average of $188.
78. Insider Activity at Amazon.com In other Amazon.
com news, insider Jeffrey P. Bezos sold 2,996,362 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $208.
85, for a total transaction of $625,790,203.70. Following the completion of the sale, the insider now owns 917,416,976 shares of the company’s stock, valued at approximately $191,602,535,437.
60. The trade was a 0.33 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $229.
85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now owns 88,203 shares in the company, valued at $20,273,459.
55. The trade was a 4.70 % decrease in their position.
The disclosure for this sale can be found here . Insiders have sold a total of 6,034,534 shares of company stock valued at $1,253,883,872 over the last quarter. Insiders own 10.
80% of the company’s stock. Analyst Upgrades and Downgrades AMZN has been the topic of a number of research analyst reports. Rosenblatt Securities raised their target price on Amazon.
com from $221.00 to $236.00 and gave the company a “buy” rating in a report on Friday, November 1st.
Telsey Advisory Group increased their target price on shares of Amazon.com from $215.00 to $235.
00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Susquehanna upped their price objective on shares of Amazon.com from $220.
00 to $230.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Stifel Nicolaus raised their target price on shares of Amazon.
com from $224.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, November 1st.
Finally, Royal Bank of Canada upped their price target on shares of Amazon.com from $215.00 to $225.
00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $237.
42. View Our Latest Report on Amazon.com 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. Recommended Stories Five stocks we like better than Amazon.com What is the Australian Securities Exchange (ASX) The Great CPU Race: AMD and Intel Battle for Dominance Insider Trades May Not Tell You What You Think GameStop Turns a Profit: So What? It’s Still Not Worth Investing Insider Trading – What You Need to Know C3.
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