Verde Servicos Internacionais S.A. acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,138 shares of the e-commerce giant’s stock, valued at approximately $1,330,000.
Several other large investors have also made changes to their positions in AMZN. Whitnell & Co. raised its stake in Amazon.com by 581.3% during the 3rd quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock worth $105,000 after buying an additional 93 shares during the period. Vestor Capital LLC raised its stake in Amazon.com by 10.1% during the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after buying an additional 10 shares during the period. Portfolio Solutions LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $119,000. Endurance Wealth Management Inc. raised its stake in Amazon.com by 90.9% during the 4th quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock worth $123,000 after buying an additional 50 shares during the period. Finally, Oak Point Wealth Management acquired a new position in Amazon.com during the 4th quarter worth approximately $125,000. 60.21% of the stock is currently owned by institutional investors.
A number of research analysts recently weighed in on AMZN shares. Loop Capital upped their price target on Amazon.com to $1,600.00 in a research note on Friday, February 2nd. SunTrust Banks reaffirmed a “buy” rating and set a $1,400.00 price target (up from $1,270.00) on shares of Amazon.com in a research note on Friday, January 12th. UBS reaffirmed a “buy” rating on shares of Amazon.com in a research note on Thursday, January 11th. Stifel Nicolaus upped their price target on Amazon.com from $1,313.00 to $1,425.00 and gave the stock a “buy” rating in a research note on Thursday, January 11th. Finally, JPMorgan Chase reaffirmed a “buy” rating and set a $1,385.00 price target (up from $1,375.00) on shares of Amazon.com in a research note on Wednesday, January 10th. Three analysts have rated the stock with a hold rating, fifty have given a buy rating and two have given a strong buy rating to the company. Amazon.com has an average rating of “Buy” and a consensus target price of $1,504.81.
NASDAQ:AMZN opened at $1,430.79 on Monday. The firm has a market cap of $692,655.75, a price-to-earnings ratio of 314.46, a P/E/G ratio of 6.28 and a beta of 1.59. Amazon.com, Inc. has a 1 year low of $887.50 and a 1 year high of $1,617.54. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89.
Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.31. The firm had revenue of $60.45 billion for the quarter, compared to the consensus estimate of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The business’s quarterly revenue was up 38.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.54 earnings per share. analysts predict that Amazon.com, Inc. will post 8.49 earnings per share for the current fiscal year.
Amazon.com Company Profile
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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.
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