Steward Partners Investment Advisory LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.
5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,178,912 shares of the e-commerce giant’s stock after acquiring an additional 6,116 shares during the period. Amazon.
com accounts for about 2.3% of Steward Partners Investment Advisory LLC’s holdings, making the stock its 4th biggest position. Steward Partners Investment Advisory LLC’s holdings in Amazon.
com were worth $258,642,000 as of its most recent filing with the SEC. Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC raised its holdings in shares of Amazon.
com by 17,054.5% in the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant’s stock worth $2,652,116,000 after purchasing an additional 12,018,120 shares during the period.
Parnassus Investments LLC increased its position in Amazon.com by 82,457.3% in the third quarter.
Parnassus Investments LLC now owns 11,405,294 shares of the e-commerce giant’s stock worth $2,125,148,000 after buying an additional 11,391,479 shares during the last quarter. State Street Corp raised its stake in shares of Amazon.com by 3.
3% in 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 lifted its position in shares of Amazon.
com by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after buying an additional 6,545,944 shares during the last quarter.
Finally, Strategic Financial Concepts LLC grew its stake in shares of Amazon.com by 23,742.9% during the 4th quarter.
Strategic Financial Concepts LLC now owns 5,102,618 shares of the e-commerce giant’s stock worth $1,119,463,000 after acquiring an additional 5,081,217 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their BetsIn related news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com 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 sale, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. The trade was a 0.
49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Andrew R.
Jassy sold 20,784 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.65, for a total transaction of $4,585,989.
60. Following the completion of the transaction, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at $467,532,195.90.
This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 in the last quarter. Insiders own 10.80% of the company’s stock.
Amazon.com Price PerformanceAMZN 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 stock’s 50 day simple moving average is $213.46 and its 200 day simple moving average is $209.
01. The firm has a market cap of $1.89 trillion, a price-to-earnings ratio of 32.
26, 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. 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 (EPS) for the quarter, topping 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%.
As a group, analysts predict that Amazon.com, Inc. will post 6.
31 earnings per share for the current year. Analyst Upgrades and DowngradesA number of brokerages recently issued reports on AMZN. Jefferies Financial Group lowered their price objective on Amazon.
com from $275.00 to $250.00 and set a “buy” rating on the stock in a research note on Monday.
Wells Fargo & Company lowered their price target on shares of Amazon.com from $207.00 to $203.
00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 25th. DA Davidson raised their price objective on shares of Amazon.com from $235.
00 to $280.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Benchmark boosted their target price on shares of Amazon.
com from $215.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, February 4th.
Finally, Wolfe Research raised their price target on Amazon.com from $250.00 to $270.
00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Two analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.
com, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $260.53.
Check Out Our Latest Report on Amazon.comAmazon.com Company 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.
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com, Inc. (NASDAQ:AMZN – Free Report)..
Business
Steward Partners Investment Advisory LLC Has $258.64 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Steward Partners Investment Advisory LLC boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,178,912 shares of the e-commerce giant’s stock after acquiring an additional 6,116 shares during the period. Amazon.com accounts for about 2.3% of [...]