According to the most recent 13F filing that Abner Herrman & Brock LLC submitted to the Securities and Exchange Commission, the company increased its holdings in Amazon.com, INC (NASDAQ: AMZN) by 10.4% during the quarter that ended in December.
The institutional investor’s portfolio currently contains 33,803 shares held by the e-commerce giant after acquiring an additional 3,183 shares during the quarter.
According to the findings of Abner Herrman & Brock LLC, after the most recent reporting period, the total value of Amazon.com was determined to be 2,839,000 dollars.
On February 21, Amazon.com Vice President Shelley Reynolds completed the sale of 3,500 shares of the company’s stock.
This is another development about Amazon.com.
The $94.91 per share was determined to be the stock’s average selling price after it was sold for a total of $332,185.00. Following the completion of the sale, the vice president will have 119,780 shares in the company.
Based on the current market price, the vice president’s holdings are estimated to be worth $11,368,319,80.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC. On February 21, Amazon.com Vice President Shelley Reynolds completed the sale of 3,500 shares of the company’s stock.
This is another development about Amazon.com.
The $94.91 per share was determined to be the stock’s average selling price after it was sold for a total of $332,185.00. Following the completion of the sale, the vice president will have 119,780 shares in the company.
Based on the current market price, the vice president’s holdings are estimated to be worth $11,368,319,80.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.
The documentation was provided to the SEC.
Additionally, on February 2, the company’s CEO, Adam Selipsky, sold 5,100 shares of the company’s stock.
Adam Selipsky is also the company’s president.
The buyers of the shares purchased them at an average price of $111.43 per share during the sale, bringing the total value of the transaction to $568,293.
As a result of the completion of the transaction, the chief executive officer now owns 124,180 shares.
The total value of these shares is approximately $13,837,377.40.
Disclosures related to the sale might be found in this website section.
Insiders of the company recently completed a transaction in which they sold 71,394 shares of company stock for a total value of $6,994,626. Company insiders own almost seventy percent of the company’s equity.
Recent transactions have caused adjustments to the proportion of the company’s stock that hedge funds and other institutional investors hold.
These investors include pension funds, endowments, and foundations.
Bridgefront Capital LLC spent $228,000 purchasing stock on Amazon.com over the year’s first three months.
The amount of Amazon.com stock that Krane Funds Advisors LLC could call it’s own increased by 239.1% during the first three months of the year. Krane Funds Advisors LLC has acquired 78 shares of the e-commerce giant’s stock, valued at $254,000 in the current market.
This is the result of the company purchasing an additional 55 shares during the most recent quarter to bring its total number of shares held to 105. Range Financial Group LLC spent $258,000 purchasing stock on Amazon.com over the year’s first three months.
My Personal CFO LLC increased its holdings by purchasing a new interest in Amazon.com with a value of $261,000 during the first three months of 2018, bringing the total value of its investments to $281,000.
Last but certainly not least, Worth Asset Management LLC purchased $191,000.00 worth of stock from Amazon.com during the first three months of the year. Hedge funds and other institutional investors own 57.64% of the company’s shares.
On Thursday, the AMZN stock began trading on the NASDAQ for $96.20 per share.
The company’s simple moving average over the past 50 days comes in at $96.42, and the company’s simple moving average over the past 200 days comes in at $101.95.
Amazon.com, INC reached its one-year high of $170.83 and its one-year low of $81.43 during the period covered by this report.
There is a ratio of 0.46 debt to equity, 0.72 quick ratios to current ratio, and 0.94 current ratio to quick ratio.
All three ratios are relative to one another.
On February 2, shareholders of Amazon.com, INC (NASDAQ: AMZN) were given access to the company’s most recent quarterly financial report.
The e-commerce behemoth reported earnings per share for the quarter of $0.03, a shortfall of $0.12 compared to the consensus profit predictions made by analysts, which were $0.15.
The return on equity for Amazon.com was positive by 5.33 percent, but the company’s net margin was negative by 0.53 percent.
The sales for the company for the quarter came in at $149.20 billion, which is significantly higher than the forecast of $145.72 billion by industry analysts who were looking forward to the quarter.
The company reported a profit of $1.39 per share for the same period in the previous year’s financial statements.
The growth in the company’s revenue was 8.6% higher when compared to the previous year’s numbers.
Earnings per share for the current fiscal year are projected to come in at $1.34 for Amazon.com, INC, according to projections provided by sell-side research firms.
Several analysts who have been working on the company in question have recently published reports on it.
In a study made public on Friday, February 3, Wells Fargo & Company announced that they were decreasing their target price for Amazon.com from $155.00 to $145.00.
The study was conducted after the company conducted research that was made public on Friday, February 3. Needham & Company LLC reaffirmed a “buy” rating on shares of Amazon.com and set a price objective of $120.00 for the company’s stock in a research report dated February 3.
The report also established a price objective for the company’s stock.
In a research report released on Friday, February 3, Oppenheimer increased their price target on Amazon.com from $130.00 to $135.00, giving the stock an “outperform” rating. Rosenblatt Securities raised their price target for Amazon.com from $103.00 to $106.00 and rated the company’s performance as “neutral” in a study published on February 3 by Rosenblatt Securities.
The analysis was written up and posted on the website. Wedbush lowered its price objective on Amazon.com from $140.00 to $125.00 in a research note published on Friday, February 3.
Despite this change, the firm continues to maintain an “outperform” rating for the company. Forty-one different equity research analysts have recommended buying the stock, three professionals have suggested holding onto the stock, and two specialists have suggested selling the stock.
According to the information that Bloomberg provided, the company has an average rating of “Moderate Buy,” and the consensus price objective is $144.87).