2 weeks Ago By Defense World Staff
Schechter Investment Advisors LLC decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 7.
4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,827 shares of the e-commerce giant’s stock after selling 8,042 shares during the quarter. Amazon.
com comprises about 1.7% of Schechter Investment Advisors LLC’s portfolio, making the stock its 13th biggest holding. Schechter Investment Advisors LLC’s holdings in Amazon.
com were worth $22,121,000 at the end of the most recent quarter. A number of other hedge funds have also modified their holdings of AMZN. AMF Tjanstepension AB raised its holdings in shares of Amazon.
com by 44.3% during the 3rd quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant’s stock worth $492,172,000 after acquiring an additional 811,425 shares during the period.
Swedbank AB increased its position in Amazon.com by 1.4% during the third quarter.
Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock worth $2,484,864,000 after purchasing an additional 183,610 shares during the last quarter. Sassicaia Capital Advisers LLC purchased a new position in Amazon.com during the third quarter worth about $279,000.
Howard Capital Management Group LLC boosted its holdings in Amazon.com by 0.3% in the 3rd quarter.
Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock valued at $66,434,000 after purchasing an additional 897 shares during the last quarter. Finally, Meridian Management Co. grew its stake in shares of Amazon.
com by 27.6% in the 3rd quarter. Meridian Management Co.
now owns 33,460 shares of the e-commerce giant’s stock valued at $6,235,000 after buying an additional 7,246 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Amazon.com Price PerformanceShares of NASDAQ AMZN opened at $178.41 on Friday.
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 company has a market cap of $1.89 trillion, a PE ratio of 32.
26, a P/E/G ratio of 1.50 and a beta of 1.19.
The stock has a fifty day moving average price of $213.46 and a 200 day moving average price of $209.01.
Amazon.com, Inc. has a 1-year low of $151.
61 and a 1-year high of $242.52. Amazon.
com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.
52 by $0.34. Amazon.
com had a net margin of 9.29% and a return on equity of 24.25%.
Sell-side analysts forecast that Amazon.com, Inc. will post 6.
31 EPS for the current year. Insider Buying and Selling at Amazon.comIn related news, VP Shelley Reynolds sold 8,833 shares of the company’s stock in a transaction on Friday, February 21st.
The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51.
Following the transaction, the vice president now 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 legal filing with the SEC, which is available at this link. Also, CEO Douglas J.
Herrington sold 2,500 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.
00. Following the completion of the sale, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at approximately $95,776,017.26.
This trade represents a 0.49 % decrease in their position. The disclosure for this sale can be found here.
In the last 90 days, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by corporate insiders.
Analyst Ratings ChangesA number of research analysts recently commented on the company. Mizuho upped their price objective on Amazon.com from $240.
00 to $260.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. TD Cowen upped their price target on Amazon.
com from $240.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, December 12th.
Westpark Capital assumed coverage on Amazon.com in a research report on Tuesday. They set a “buy” rating and a $280.
00 price objective for the company. Scotiabank increased their target price on shares of Amazon.com from $246.
00 to $306.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 24th. Finally, Maxim Group lifted their target price on shares of Amazon.
com from $260.00 to $280.00 and gave the company a “buy” rating in a report on Friday, February 7th.
Two investment analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $260.53.
View Our Latest Stock Analysis on AMZNAbout 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.Read MoreFive stocks we like better than Amazon.
comFinancial Services Stocks InvestingShares of RH Down Nearly 40%: Where Investors Can Turn To NowBank Stocks – Best Bank Stocks to Invest InTariffs, Spin-Out, and R2 Updates Are Positive Signs for RivianWhat Are Dividend Challengers?Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?.
_0.jpg?itok=yAIF6nFK)
