Atlas Brown Inc. raised its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 833 shares of the e-commerce giant’s stock after purchasing an additional 54 shares during the quarter. Atlas Brown Inc.’s holdings in Amazon.com were worth $1,131,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of AMZN. Janus Henderson Group PLC raised its stake in Amazon.com by 1,045.8% during the 2nd quarter. Janus Henderson Group PLC now owns 1,775,556 shares of the e-commerce giant’s stock valued at $1,718,711,000 after acquiring an additional 1,620,588 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Amazon.com by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant’s stock worth $26,003,758,000 after buying an additional 764,115 shares in the last quarter. Truepoint Inc. raised its stake in shares of Amazon.com by 94,448.7% in the 3rd quarter. Truepoint Inc. now owns 572,965 shares of the e-commerce giant’s stock worth $573,000 after buying an additional 572,359 shares in the last quarter. BlackRock Inc. raised its stake in shares of Amazon.com by 2.4% in the 2nd quarter. BlackRock Inc. now owns 23,925,821 shares of the e-commerce giant’s stock worth $23,160,193,000 after buying an additional 554,990 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Amazon.com by 125.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 822,827 shares of the e-commerce giant’s stock worth $796,497,000 after buying an additional 457,300 shares in the last quarter. Hedge funds and other institutional investors own 60.21% of the company’s stock.
A number of analysts have recently commented on the company. Credit Suisse Group reissued a “buy” rating on shares of Amazon.com in a research note on Friday. MED initiated coverage on Amazon.com in a research report on Wednesday, April 11th. They set a “buy” rating and a $1,436.22 target price on the stock. Monness Crespi & Hardt reaffirmed a “buy” rating and set a $2,000.00 target price on shares of Amazon.com in a research report on Wednesday, April 11th. JPMorgan Chase reaffirmed a “buy” rating on shares of Amazon.com in a research report on Tuesday, April 10th. Finally, Zacks Investment Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating and set a $1,578.00 price target on the stock in a report on Wednesday, April 4th. Three research analysts have rated the stock with a hold rating, fifty have given a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $1,504.81.
In other news, CEO Jeffrey A. Wilke sold 250 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $1,518.47, for a total value of $379,617.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,454.37, for a total value of $2,908,740.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,214 shares of company stock worth $9,251,120. Corporate insiders own 17.00% of the company’s stock.
Amazon.com stock opened at $1,441.50 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 1.04 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $692,655.75, a price-to-earnings ratio of 316.81, a PEG ratio of 6.28 and a beta of 1.59. Amazon.com, Inc. has a 12 month low of $887.50 and a 12 month high of $1,617.54.
Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, beating the consensus estimate of $1.85 by $0.31. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The firm had revenue of $60.45 billion during the quarter, compared to analysts’ expectations of $59.85 billion. During the same quarter in the prior year, the firm posted $1.54 EPS. The company’s revenue for the quarter was up 38.2% on a year-over-year basis. analysts expect that Amazon.com, Inc. will post 8.49 earnings per share for the current fiscal year.
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.
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