According to the company’s most recent filing with the SEC, Verde Servicos Internacionais S.A. sold off 23.3% of its holdings in Amazon.com, Inc. (NASDAQ: AMZN) during the third quarter. The fund had a total of 135,600 shares of the company held by the e-commerce giant after the sale of 41,137 shares during the period in question. Verde Servicos Internacionais S.A. comes in at number eight on the list and has 5.2% of its shares invested in Amazon.com. Verde Servicos Internacionais S.A.’s investment in Amazon.com had a value of $15,323,000 at the end of the company’s most recent fiscal quarter.
In addition, several other hedge funds have engaged in buying and selling activities regarding company stock. Savior LLC increased the amount of Amazon.com stock owned by 1,085.0% during the second quarter. Savior LLC increased its holdings in the e-commerce giant’s stock during the most recent quarter by purchasing an additional 217 shares for a total investment of $25,000. During the second quarter, Rocky Mountain Advisers LLC saw a rise of 1,311.8% in the amount of Amazon.com stock that it held in its portfolio. Rocky Mountain Advisers LLC increased its holdings in the e-commerce giant during the most recent quarter by purchasing an additional 223 shares of the company’s stock for a total transaction of $25,000. This brought the money spent by Rocky Mountain Advisers LLC during this period to $25,000. Iron Horse Wealth Management LLC increased the percentage of Amazon.com stock owned by 4,540.0% during the year’s second quarter. During the most recent fiscal quarter, Iron Horse Wealth Management LLC increased its holdings in the e-commerce giant’s stock by purchasing an additional 227 shares, bringing the total number of shares acquired by the company during that time frame to $25,000. Wells Financial Advisors Inc. increased the amount of Amazon.com stock owned by 1,900.0% during the year’s second quarter. Wells Financial Advisors Inc. now has 280 shares of the e-commerce giant’s stock, which are worth a total of $30,000, thanks to the fact that during the most recent fiscal quarter, the company purchased an additional 266 shares. And finally, during the second quarter, Maryland Capital Advisors Inc. increased the percentage of Amazon.com shares that it held by 1,900.00%, making this the company’s third consecutive quarterly increase in this metric. Following the purchase of an additional 285 shares during the most recent fiscal quarter, Maryland Capital Advisors Inc.’s direct ownership of the company, which has a market cap of $32,000, has increased to 300 shares, bringing the total number of shares held by the company to a total of 300. Shares of the company are currently held by 57.64% of institutional investors, such as hedge funds and other institutional investors.
Research firms have recently provided their most up-to-date findings and opinions regarding AMZN. According to a report that DA Davidson published on December 1, the company stated that they had decreased their target price for Amazon.com to $114.00. Rosenblatt Securities assigned a “neutral” rating to the company and lowered their price target on Amazon.com from $118.00 to $103.00 in a research study published on November 14. A recommendation to “buy” the company’s stock was included in the report. In a research note distributed on Friday, October 28, Barclays lowered both their “overweight” rating and their price target on Amazon.com shares, which had previously been set at $200. The new price target is $140.00. The Telsey Advisory Group gave Amazon.com an “outperform” rating in a research report published on Friday, October 28. They also decreased their price target from $150 to $140.00. In the report, Amazon.com was discussed. In a research report made public on October 28, Morgan Stanley lowered their price target on Am.