Actinver Wealth Management Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 7.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 512 shares of the e-commerce giant’s stock after purchasing an additional 37 shares during the quarter. Amazon.com makes up about 1.1% of Actinver Wealth Management Inc.’s investment portfolio, making the stock its 28th largest holding. Actinver Wealth Management Inc.’s holdings in Amazon.com were worth $946,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Macroview Investment Management LLC boosted its position in shares of Amazon.com by 166.7% during the third quarter. Macroview Investment Management LLC now owns 16 shares of the e-commerce giant’s stock worth $28,000 after acquiring an additional 10 shares during the last quarter. NewSquare Capital LLC boosted its position in shares of Amazon.com by 533.3% during the fourth quarter. NewSquare Capital LLC now owns 19 shares of the e-commerce giant’s stock worth $35,000 after acquiring an additional 16 shares during the last quarter. Phocas Financial Corp. bought a new position in shares of Amazon.com during the second quarter worth $45,000. Birch Capital Management LLC bought a new position in shares of Amazon.com during the fourth quarter worth $46,000. Finally, Pflug Koory LLC boosted its position in shares of Amazon.com by 30.8% during the fourth quarter. Pflug Koory LLC now owns 34 shares of the e-commerce giant’s stock worth $63,000 after acquiring an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 56.39% of the company’s stock.
In other news, CEO Jeffrey A. Wilke sold 200 shares of the stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $1,865.34, for a total value of $373,068.00. Following the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $18,653,400. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jeffrey A. Wilke sold 3,475 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $1,745.57, for a total transaction of $6,065,855.75. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $17,455,700. The disclosure for this sale can be found here. In the last three months, insiders sold 9,892 shares of company stock worth $17,337,645. Insiders own 16.10% of the company’s stock.
A number of equities analysts recently weighed in on the stock. Macquarie set a $2,200.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a research report on Friday, October 25th. China Renaissance Securities assumed coverage on shares of Amazon.com in a research report on Tuesday, November 26th. They set a “hold” rating and a $1,850.00 target price for the company. Cowen restated a “buy” rating and set a $2,400.00 target price on shares of Amazon.com in a research report on Tuesday, December 17th. Credit Suisse Group restated an “outperform” rating and set a $2,100.00 target price (down previously from $2,400.00) on shares of Amazon.com in a research report on Friday, October 25th. Finally, Oppenheimer dropped their target price on shares of Amazon.com from $2,100.00 to $2,040.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating and forty-four have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $2,181.72.
Shares of AMZN opened at $1,828.34 on Tuesday. Amazon.com, Inc. has a twelve month low of $1,566.76 and a twelve month high of $2,035.80. The company has a market cap of $906.49 billion, a P/E ratio of 80.97, a P/E/G ratio of 2.59 and a beta of 1.50. The company has a current ratio of 1.10, a quick ratio of 0.84 and a debt-to-equity ratio of 0.40. The company’s fifty day simple moving average is $1,839.59 and its 200-day simple moving average is $1,814.22.
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.
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