(NASDAQ:AMZN) by 6.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC.
Previously on 4/17/2017, Credit Suisse released a statement about Amazon (NASDAQ:AMZN) increased the target price from $900.00 to $1,050.00. Amazon.com makes up approximately 1.0% of Janus Capital Management LLC's holdings, making the stock its 10th largest position.
Other hedge funds have also made changes to their positions in the company. OLD Second National Bank of Aurora boosted its position in Amazon.com by 15.0% in the first quarter. OLD Second National Bank of Aurora now owns 115 shares of the e-commerce giant's stock valued at $102,000 after buying an additional 15 shares in the last quarter. Krilogy Financial LLC now owns 198 shares of the e-commerce giant's stock worth $142,000 after buying an additional 121 shares in the last quarter. Ibex Wealth Advisors purchased a new position in Amazon.com during the fourth quarter valued at $113,000. OR now owns 21,738 shares of the e-commerce giant's stock valued at $16,301,000 after buying an additional 2,129 shares during the last quarter. Finally, Shamrock Asset Management LLC boosted its position in shares of Amazon.com by 45.5% in the third quarter. Corporate insiders own 17.70% of the company's stock. Amazon.com has a 52-week low of $599.20 and a 52-week high of $923.72.
Amazon.com (NASDAQ:AMZN) traded up 0.47% during mid-day trading on Monday, reaching $903.39. The firm has a market capitalization of $429.68 billion, a PE ratio of 183.77 and a beta of 1.40. Amazon.com, Inc. The company has a 50-day moving average price of $869.82 and a 200 day moving average price of $816.39. The e-commerce giant reported $1.54 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.35 by $0.19. Amazon.com had a net margin of 1.74% and a return on equity of 13.87%. The company earned $43.74 billion during the quarter, compared to analysts' expectations of $44.66 billion. During the same quarter in the previous year, the business earned $1.00 earnings per share. The company's revenue for the quarter was up 22.4% compared to the same quarter a year ago. Finally, Guggenheim restated a buy rating and issued a $950.00 target price on shares of Amazon.com in a research note on Friday, October 28th. If you are viewing this piece on another website, it was stolen and reposted in violation of USA and worldwide copyright laws. The original version of this piece can be viewed at https://transcriptdaily.com/2017/04/20/amazon-com-inc-amzn-position-maintained-by-thrax-management-llc.html.
Several equities analysts have recently weighed in on AMZN shares.
Vetr downgraded shares of Amazon.com, Inc. Robert W. Baird reiterated an outperform rating and issued a $850.00 price target on shares of Amazon.com in a report on Sunday, January 8th. William Blair reiterated a buy rating on shares of Amazon.com in a report on Saturday, March 11th. Goldman Sachs Group Inc reissued a "buy" rating on shares of Amazon.com in a research report on Thursday, January 5th.
Amazon.com, Inc. (NASDAQ:AMZN) is expected to report 1Q17 earnings on Thursday, April 27, after market close, with a conference call at 5:30pm ET.
There are 4 hold ratings, 46 buy ratings on the stock. The company presently has an average rating of "Buy" and an average price target of $961.29.
In other news, Director Tom A. Alberg sold 590 shares of Amazon.com stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total transaction of $501,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Zapolsky sold 503 shares of the business's stock in a transaction dated Tuesday, February 21st.
On 12/9/2016 Jeffrey A Wilke, CEO, sold 4,890 with an average share price of $767.15 per share and the total transaction amounting to $3,751,363.50. Following the completion of the sale, the insider now owns 2,523 shares in the company, valued at approximately $2,144,550.