International Private Wealth Advisors LLC Has $3.17 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)
Other institutional investors also recently made changes to their positions in the company. Accordant Advisory Group Inc raised its position in shares of 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. Quattro Financial Advisors LLC raised 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 buying an additional 45 shares in the last quarter. Bull Oak Capital LLC acquired a new stake in shares of Amazon.com in the third quarter valued at approximately $45,000. Iron Horse Wealth Management LLC raised its position in shares of Amazon.com by 64.4% in the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after buying an additional 112 shares in the last quarter. Finally, Values First Advisors Inc. acquired a new stake in shares of Amazon.com in the third quarter valued at approximately $56,000. Institutional investors own 72.20% of the company’s stock.
In related news, CEO Andrew R. Jassy sold 20,784 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now directly owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,649 shares of company stock valued at $23,871,905 in the last three months. Company insiders own 10.80% of the company’s stock.
Amazon.com stock opened at $199.25 on Friday. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The firm has a 50 day moving average price of $224.11 and a 200-day moving average price of $206.80. The company has a market capitalization of $2.11 trillion, a P/E ratio of 36.03, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates 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, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.
AMZN has been the subject of a number of analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 price target on shares of Amazon.com in a research report on Friday, February 7th. HSBC boosted their price objective on shares of Amazon.com from $225.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Mizuho boosted their price objective on shares of Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Jefferies Financial Group boosted their price objective on shares of Amazon.com from $235.00 to $275.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Finally, TD Cowen boosted their price objective on shares of Amazon.com from $240.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Two equities research 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $260.65.
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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