Amazon.com, Inc. (NASDAQ:AMZN) Holdings Increased by Capital International Sarl
Capital International Sarl grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 53.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,943 shares of the e-commerce giant’s stock after acquiring an additional 1,713 shares during the period. Amazon.com makes up about 1.4% of Capital International Sarl’s holdings, making the stock its 21st largest position. Capital International Sarl’s holdings in Amazon.com were worth $9,134,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in AMZN. Capital International Investors raised its holdings in shares of Amazon.com by 1.2% in the 4th quarter. Capital International Investors now owns 4,287,220 shares of the e-commerce giant’s stock worth $7,922,097,000 after purchasing an additional 50,365 shares in the last quarter. KCM Investment Advisors LLC raised its holdings in shares of Amazon.com by 6.6% in the 4th quarter. KCM Investment Advisors LLC now owns 14,204 shares of the e-commerce giant’s stock worth $26,247,000 after purchasing an additional 883 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Amazon.com by 0.6% in the 4th quarter. Capital Research Global Investors now owns 4,066,664 shares of the e-commerce giant’s stock worth $7,514,544,000 after purchasing an additional 23,902 shares in the last quarter. Equitable Holdings Inc. bought a new stake in shares of Amazon.com in the 4th quarter worth approximately $6,861,000. Finally, HM Payson & Co. raised its holdings in shares of Amazon.com by 4.7% in the 4th quarter. HM Payson & Co. now owns 34,191 shares of the e-commerce giant’s stock worth $63,179,000 after purchasing an additional 1,522 shares in the last quarter. Institutional investors own 56.69% of the company’s stock.
AMZN traded up $30.51 on Thursday, reaching $1,916.35. 2,879,365 shares of the company traded hands, compared to its average volume of 7,868,159. The stock’s 50 day moving average price is $1,967.51 and its 200-day moving average price is $1,843.56. Amazon.com, Inc. has a 52-week low of $1,626.03 and a 52-week high of $2,185.95. The company has a market cap of $938.79 billion, a price-to-earnings ratio of 83.28, a PEG ratio of 2.73 and a beta of 1.55. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.10 and a quick ratio of 0.86.
In other news, VP Shelley Reynolds sold 380 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $2,135.14, for a total value of $811,353.20. Following the completion of the sale, the vice president now directly owns 6,307 shares in the company, valued at $13,466,327.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeffrey A. Wilke sold 3,475 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $2,150.00, for a total transaction of $7,471,250.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $21,500,000. The disclosure for this sale can be found here. Insiders sold 724,962 shares of company stock valued at $1,482,615,847 over the last quarter. Corporate insiders own 16.10% of the company’s stock.
A number of research firms recently commented on AMZN. Citigroup boosted their target price on shares of Amazon.com from $2,200.00 to $2,400.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. SunTrust Banks reiterated a “buy” rating and issued a $2,450.00 target price on shares of Amazon.com in a report on Thursday, January 30th. Tigress Financial reiterated a “buy” rating on shares of Amazon.com in a report on Tuesday, December 31st. DA Davidson reissued a “buy” rating and issued a $2,625.00 target price (up from $2,550.00) on shares of Amazon.com in a research report on Friday, January 31st. Finally, Bank of America reissued a “buy” rating and issued a $2,480.00 target price on shares of Amazon.com in a research report on Tuesday, March 17th. Four research analysts have rated the stock with a hold rating and forty-seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $2,333.20.
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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