U.S. Capital Wealth Advisors LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 12.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 186,393 shares of the e-commerce giant’s stock after acquiring an additional 20,859 shares during the period. Amazon.com accounts for 1.3% of U.S. Capital Wealth Advisors LLC’s portfolio, making the stock its 9th largest holding. U.S. Capital Wealth Advisors LLC’s holdings in Amazon.com were worth $40,893,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Accordant Advisory Group Inc raised its position 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 worth $27,000 after acquiring an additional 100 shares during the period. Hoese & Co LLP bought a new stake in shares of Amazon.com during the 3rd quarter valued at $37,000. Bull Oak Capital LLC bought a new stake in shares of Amazon.com during the 3rd quarter valued at $45,000. Values First Advisors Inc. bought a new stake in shares of Amazon.com during the 3rd quarter valued at $56,000. Finally, IFS Advisors LLC raised its position in shares of Amazon.com by 1,625.0% during the 4th quarter. IFS Advisors LLC now owns 345 shares of the e-commerce giant’s stock valued at $76,000 after purchasing an additional 325 shares during the period. 72.20% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the sale, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at $114,459,618.09. The trade was a 5.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the sale, the director now directly owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. This trade represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,852 shares of company stock valued at $9,324,151 in the last three months. Company insiders own 10.80% of the company’s stock.
Amazon.com Price Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Analyst Ratings Changes
AMZN has been the topic of several recent analyst reports. Oppenheimer raised their price objective on shares of Amazon.com from $230.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Morgan Stanley raised their price objective on shares of Amazon.com from $230.00 to $280.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Susquehanna raised their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the company a “positive” rating in a research report on Friday, November 1st. Wedbush restated an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, February 7th. Finally, Wells Fargo & Company decreased their price objective on shares of Amazon.com from $212.00 to $207.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $260.74.
View Our Latest Analysis on Amazon.com
About Amazon.com
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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