HC Advisors LLC boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,267 shares of the e-commerce giant’s stock after purchasing an additional 467 shares during the period. HC Advisors LLC’s holdings in Amazon.com were worth $442,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. McElhenny Sheffield Capital Management LLC acquired a new position in Amazon.com during the 4th quarter worth $27,000. St. James Investment Advisors LLC grew its holdings in Amazon.com by 97.7% during the 4th quarter. St. James Investment Advisors LLC now owns 344 shares of the e-commerce giant’s stock worth $29,000 after acquiring an additional 170 shares in the last quarter. Retirement Financial Solutions LLC acquired a new position in Amazon.com during the 4th quarter worth $32,000. Laurel Wealth Planning LLC grew its holdings in Amazon.com by 1,900.0% during the 2nd quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 304 shares in the last quarter. Finally, Swaine & Leidel Wealth Services LLC acquired a new position in Amazon.com during the 1st quarter worth $38,000. 57.64% of the stock is owned by institutional investors and hedge funds.
Amazon.com Stock Up 4.4 %
Amazon.com stock opened at $120.11 on Friday. The firm has a market cap of $1.23 trillion, a PE ratio of 285.98, a P/E/G ratio of 4.06 and a beta of 1.26. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.69 and a current ratio of 0.92. The firm’s 50 day moving average price is $105.61 and its two-hundred day moving average price is $97.88. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $146.57.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Robert W. Baird raised their price objective on shares of Amazon.com from $125.00 to $130.00 in a report on Friday, April 28th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Amazon.com from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, April 18th. Evercore ISI reduced their price target on shares of Amazon.com from $160.00 to $155.00 and set an “outperform” rating on the stock in a research report on Monday, April 3rd. Bank of America raised their price target on shares of Amazon.com from $135.00 to $139.00 in a research report on Friday, April 28th. Finally, DA Davidson raised their price target on shares of Amazon.com from $114.00 to $134.00 and gave the stock a “buy” rating in a research report on Friday, February 3rd. Three analysts have rated the stock with a hold rating and forty-one have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $143.12.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the company’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $115.60, for a total value of $358,360.00. Following the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $13,846,568. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Amazon.com news, CEO Adam Selipsky sold 2,299 shares of the business’s stock in a transaction that occurred on Tuesday, March 21st. The shares were sold at an average price of $100.34, for a total value of $230,681.66. Following the completion of the sale, the chief executive officer now directly owns 138,320 shares of the company’s stock, valued at $13,879,028.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Shelley Reynolds sold 3,100 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $115.60, for a total transaction of $358,360.00. Following the completion of the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $13,846,568. The disclosure for this sale can be found here. In the last quarter, insiders have sold 75,144 shares of company stock worth $8,405,887. 12.30% of the stock is currently owned by company insiders.
About Amazon.com
Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.
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