2 weeks Ago By ABMN Staff
TigerOak Management L.L.C.
acquired a new stake in Amazon.com, Inc. ( NASDAQ:AMZN ) during the 4th quarter, HoldingsChannel.
com reports. The fund acquired 59,688 shares of the e-commerce giant’s stock, valued at approximately $13,095,000. Amazon.
com comprises approximately 4.8% of TigerOak Management L.L.
C.’s investment portfolio, making the stock its 7th biggest holding. Several other hedge funds have also modified their holdings of AMZN.
Accordant Advisory Group Inc raised its stake in Amazon.com by 400.0% in the fourth quarter.
Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock valued at $27,000 after buying an additional 100 shares in the last quarter. Icon Wealth Advisors LLC raised its stake in Amazon.com by 20.
5% in the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock valued at $28,000 after buying an additional 25,581 shares in the last quarter. Bull Oak Capital LLC acquired a new stake in Amazon.
com in the third quarter valued at $45,000. Quattro Financial Advisors LLC raised its stake in Amazon.com by 23.
8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock valued at $51,000 after buying an additional 45 shares in the last quarter. Finally, Values First Advisors Inc.
acquired a new stake in Amazon.com in the third quarter valued at $56,000. 72.
20% of the stock is currently owned by institutional investors and hedge funds. Amazon.com Price Performance AMZN stock opened at $197.
95 on Friday. The firm has a 50 day moving average of $221.65 and a 200-day moving average of $207.
26. Amazon.com, Inc.
has a 12-month low of $151.61 and a 12-month high of $242.52.
The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.
18. The company has a market cap of $2.10 trillion, a price-to-earnings ratio of 35.
80, a PEG ratio of 1.50 and a beta of 1.19.
Insider Activity In related news, CEO Douglas J. Herrington sold 5,501 shares of Amazon.com stock in a transaction that occurred on Tuesday, February 18th.
The stock was sold at an average price of $228.44, for a total transaction of $1,256,648.44.
Following the completion of the transaction, the chief executive officer now directly owns 505,318 shares in the company, valued at $115,434,843.92. The trade was a 1.
08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, VP Shelley Reynolds sold 8,833 shares of Amazon.
com stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $222.47, for a total value 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 disclosure for this sale can be found here .
In the last three months, insiders sold 102,298 shares of company stock worth $22,871,828. Company insiders own 10.80% of the company’s stock.
Wall Street Analysts Forecast Growth AMZN has been the topic of a number of analyst reports. Robert W. Baird raised their price target on Amazon.
com from $220.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, December 13th.
Needham & Company LLC restated a “buy” rating and issued a $250.00 price target on shares of Amazon.com in a research note on Friday, February 7th.
UBS Group raised their price target on Amazon.com from $230.00 to $264.
00 and gave the company a “buy” rating in a research note on Monday, December 16th. Telsey Advisory Group reiterated an “outperform” rating and set a $275.00 target price on shares of Amazon.
com in a research report on Friday, February 7th. Finally, DA Davidson lifted their target price on Amazon.com from $235.
00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock.
According to MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $260.65.
View 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. Read More 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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