Triangle Securities Wealth Administration diminished its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.9% within the 4th quarter, in accordance with its most up-to-date submitting with the Securities & Trade Fee. The institutional investor owned 18,531 shares of the e-commerce large’s inventory after promoting 2,256 shares throughout the quarter. Triangle Securities Wealth Administration’s holdings in Amazon.com have been price $1,557,000 on the finish of the latest reporting interval.

Pressing warning (From Weiss Scores)

A number of different hedge funds additionally not too long ago made modifications to their positions in AMZN. State Road Corp raised its stake in shares of Amazon.com by 1,869.1% throughout the 2nd quarter. State Road Corp now owns 326,727,487 shares of the e-commerce large’s inventory valued at $34,701,726,000 after buying an extra 310,134,486 shares within the final quarter. Worth T Rowe Associates Inc. MD grew its stake in shares of Amazon.com by 1,838.8% throughout the 2nd quarter. Worth T Rowe Associates Inc. MD now owns 311,971,394 shares of the e-commerce large’s inventory valued at $33,134,481,000 after buying an extra 295,880,050 shares within the final quarter. FMR LLC raised its stake in shares of Amazon.com by 1,792.4% throughout the 2nd quarter. FMR LLC now owns 286,047,356 shares of the e-commerce large’s inventory valued at $30,381,089,000 after buying an extra 270,931,640 shares within the final quarter. Northern Belief Corp raised its stake in shares of Amazon.com by 1,867.0% within the second quarter. Northern Belief Corp now owns 94,997,372 shares of the e-commerce large’s inventory valued at $10,089,669,000 after shopping for an extra 90,167,792 shares within the final quarter. Lastly, Authorized & Normal Group Plc boosted its stake in shares of Amazon.com by 1,944.4% within the second quarter. Authorized & Normal Group Plc now owns 59,977,393 shares of the e-commerce large’s inventory valued at $6,370,223,000 after shopping for an extra 57,043,701 shares within the final quarter. 57.64% of the share is owned by institutional buyers.

Amazon.com shares fell 1.3%

Shares of NASDAQ:AMZN opened at $97.71 on Tuesday. The inventory has a 50 day easy transferring common of $97.22 and a 2 hundred day easy transferring common of $101.14. The inventory has a market cap of $1.00 trillion, a price-to-earnings ratio of -364.58, a PEG ratio of 4.06 and a beta of 1.25. Amazon.com, Inc. has a 12-month low of $81.43 and a 12-month excessive of $170.83. The corporate has a present ratio of 0.94, a fast ratio of 0.72 and a debt ratio of 0.46.

Amazon.com (NASDAQ:AMZN – Get Ranking ) final posted its quarterly earnings outcomes on Thursday, February 2nd. The e-commerce large reported earnings of $0.03 per share. per share for the quarter, lacking the consensus estimate of $0.15 by ($0.12). Amazon.com had a constructive return on fairness of 5.33% and a unfavorable internet margin of 0.53%. The corporate had income of $149.20 billion for the quarter, in comparison with analysts’ expectations of $145.72 billion. In the identical quarter within the earlier 12 months, the agency earned $1.39 EPS. The corporate’s income within the quarter elevated by 8.6% in comparison with the identical quarter final 12 months. On common, analysis analysts anticipate that Amazon.com, Inc. will ship 1.33 earnings per share for the present monetary 12 months.

Insider Transactions on Amazon.com

In different information, CEO Douglas J. Herrington offered 4,000 shares of the enterprise’s inventory in a transaction on Wednesday, March 1st. The inventory was offered at a mean worth of $93.80, for a complete worth of $375,200.00. Following the completion of the transaction, the chief government officer now owns 560,298 shares within the firm, valued at $52,555,952.40. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which might be accessed by way of the SEC web site. In associated information, VP Shelley Reynolds offered 3,500 shares of Amazon.com inventory in a transaction on Tuesday, February twenty first. The inventory was offered at a mean worth of $94.91, for a complete worth of $332,185.00. Following the completion of the sale, the vp now owns 119,780 shares of the corporate’s inventory, valued at $11,368,319.80. The sale was disclosed in a submitting with the Securities & Trade Fee, which is accessible by way of this hyperlink. Additionally, CEO Douglas J. Herrington offered 4,000 shares of Amazon.com inventory in a transaction on Wednesday, March 1st. The inventory was offered at a mean worth of $93.80, for a complete worth of $375,200.00. Following the completion of the sale, the CEO now immediately owns 560,298 shares of the corporate’s inventory, price roughly $52,555,952.40. The details about this sale might be discovered right here. Insiders offered 71,394 shares of firm inventory price $6,994,626 over the past quarter. 12.70% of the inventory is at present owned by insiders.

Analysts set new worth targets

A number of equities analysis analysts have not too long ago weighed in on the inventory. Wolfe Analysis boosted their goal worth on shares of Amazon.com from $115.00 to $130.00 in a analysis notice on Friday, February third. Susquehanna boosted their goal worth on shares of Amazon.com from $140.00 to $150.00 and gave the corporate a “constructive” score in a analysis notice on Friday, February third. StockNews.com assumed protection on shares of Amazon.com in a analysis notice on Thursday, March sixteenth. They issued a “maintain” score on the corporate. Barclays boosted their goal worth on shares of Amazon.com from $130.00 to $150.00 in a analysis notice on Friday, February third. Lastly, DA Davidson upped their goal worth on shares of Amazon.com from $114.00 to $134.00 and gave the corporate a “purchase” score in a analysis notice on Friday, February third. Two funding analysts have rated the inventory with a promote score, three have given a maintain score and forty-one have issued a purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat, Amazon.com presently has a mean score of “Reasonable Purchase” and a mean goal worth of $144.72.

About Amazon.com

(Get score)

Amazon.com, Inc. is a multinational expertise firm engaged within the provision of on-line retail companies. It operates by way of the next segments: North America, Worldwide and Amazon Internet Companies (AWS). The North America section is concerned in retail gross sales of client merchandise, together with from retailers and subscriptions by way of North America-focused on-line and brick-and-mortar shops.

Learn extra

Need to see what different hedge funds maintain AMZN? For the most recent 13F filings and insider trades for Amazon.com, Inc., go to HoldingsChannel.com. (NASDAQ:AMZN – Get Ranking).

This on the spot information alert was generated by narrative science expertise and monetary knowledge from MarketBeat to offer readers with the quickest and most correct reporting. This story was reviewed by MarketBeat editorial employees previous to publication. Please ship questions or feedback about this story to contact@marketbeat.com.

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