1 day Ago By ABMN Staff
Raymond James Trust CO. of NH bought a new stake in Amazon.com, Inc.
( NASDAQ:AMZN – Free Report ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,139 shares of the e-commerce giant’s stock, valued at approximately $220,000. Amazon.
com makes up about 2.0% of Raymond James Trust CO. of NH’s portfolio, making the stock its 15th largest holding.
Other institutional investors and hedge funds have also made changes to their positions in the company. Cooksen Wealth LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $30,000.
Clarity Asset Management Inc. acquired a new position in Amazon.com during the fourth quarter worth $46,000.
Steph & Co. purchased a new position in Amazon.com in the first quarter worth $65,000.
Advantage Trust Co acquired a new stake in Amazon.com in the fourth quarter valued at $68,000. Finally, Koesten Hirschmann & Crabtree INC.
purchased a new stake in shares of Amazon.com during the 1st quarter worth $69,000. 72.
20% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes A number of equities analysts have recently issued reports on AMZN shares. Needham & Company LLC reiterated a “buy” rating and issued a $210.
00 price target on shares of Amazon.com in a report on Thursday, September 12th. Stifel Nicolaus lowered their target price on shares of Amazon.
com from $228.00 to $224.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd.
Roth Mkm upped their target price on shares of Amazon.com from $210.00 to $215.
00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. UBS Group upped their target price on shares of Amazon.com from $217.
00 to $224.00 and gave the stock a “buy” rating in a research report on Tuesday, July 30th. Finally, Truist Financial upped their target price on shares of Amazon.
com from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd.
One investment analyst has rated the stock with a hold rating, forty have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Amazon.com has an average rating of “Buy” and an average target price of $222.
49. Amazon.com Stock Performance NASDAQ:AMZN opened at $186.
88 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.
10 and a debt-to-equity ratio of 0.23. The company has a market cap of $1.
94 trillion, a P/E ratio of 52.35, a P/E/G ratio of 1.39 and a beta of 1.
14. Amazon.com, Inc.
has a fifty-two week low of $118.35 and a fifty-two week high of $201.20.
The firm’s 50 day moving average is $178.97 and its two-hundred day moving average is $181.80.
Amazon.com ( NASDAQ:AMZN – Get Free Report ) last posted its quarterly earnings results on Thursday, August 1st. The e-commerce giant reported $1.
23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.18.
Amazon.com had a net margin of 7.35% and a return on equity of 21.
39%. The company had revenue of $147.98 billion for the quarter, compared to the consensus estimate of $148.
63 billion. Analysts expect that Amazon.com, Inc.
will post 4.86 EPS for the current year. Insider Activity In other news, CFO Brian T.
Olsavsky sold 14,600 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total value of $2,628,000.
00. Following the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at approximately $8,820,000. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
In other news, CFO Brian T. Olsavsky sold 14,600 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.
00, for a total value of $2,628,000.00. Following the transaction, the chief financial officer now owns 49,000 shares of the company’s stock, valued at approximately $8,820,000.
The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Also, VP Shelley Reynolds sold 3,791 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $181.
04, for a total transaction of $686,322.64. Following the completion of the transaction, the vice president now directly owns 121,461 shares in the company, valued at approximately $21,989,299.
44. The disclosure for this sale can be found here . In the last 90 days, insiders have sold 6,104,317 shares of company stock valued at $1,220,621,322.
Company insiders own 10.80% of the company’s stock. About Amazon.
com ( 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 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 ..
