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EPG Wealth Management LLC Sells 1,427 Shares of Amazon.com, Inc. (NASDAQ:AMZN) - Defense World

Published 11 hours ago5 minute read
(NASDAQ:AMZN) by 6.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 20,435 shares of the e-commerce giant’s stock after selling 1,427 shares during the period. Amazon.com accounts for about 1.2% of EPG Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. EPG Wealth Management LLC’s holdings in Amazon.com were worth $4,483,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Cable Hill Partners LLC lifted its position in shares of Amazon.com by 0.5% in the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock valued at $2,104,000 after acquiring an additional 44 shares in the last quarter. Quattro Financial Advisors LLC lifted its position in shares of 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 acquiring an additional 45 shares in the last quarter. Northern Capital Management Inc. lifted its position in shares of Amazon.com by 0.6% in the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant’s stock valued at $1,613,000 after acquiring an additional 45 shares in the last quarter. White Wing Wealth Management lifted its position in shares of Amazon.com by 2.4% in the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock valued at $433,000 after acquiring an additional 47 shares in the last quarter. Finally, MBM Wealth Consultants LLC lifted its position in shares of Amazon.com by 0.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock valued at $1,889,000 after acquiring an additional 48 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Shares of NASDAQ AMZN opened at $200.99 on Friday. The stock has a market cap of $2.13 trillion, a P/E ratio of 36.35, a PEG ratio of 1.50 and a beta of 1.30. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The business’s fifty day simple moving average is $190.05 and its 200-day simple moving average is $208.81.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Amazon.com’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 earnings per share. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $217.50, for a total transaction of $4,178,610.00. Following the transaction, the senior vice president now owns 49,950 shares of the company’s stock, valued at approximately $10,864,125. This trade represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26. The trade was a 0.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 118,749 shares of company stock valued at $24,197,235 over the last quarter. 9.70% of the stock is owned by insiders.

AMZN has been the topic of several research analyst reports. The Goldman Sachs Group lowered their price objective on Amazon.com from $255.00 to $220.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Scotiabank decreased their target price on Amazon.com from $306.00 to $250.00 and set a “sector outperform” rating on the stock in a research report on Monday, April 21st. Westpark Capital reiterated a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research report on Friday, May 2nd. Wedbush reiterated an “outperform” rating and issued a $235.00 target price (up from $225.00) on shares of Amazon.com in a research report on Friday, May 2nd. Finally, Bank of America decreased their target price on Amazon.com from $257.00 to $225.00 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $244.09.

Read Our Latest Stock Analysis on AMZN

(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.

Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZNFree Report).

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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