Hendley & Co. Inc. boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,709 shares of the e-commerce giant’s stock after purchasing an additional 23 shares during the period. Amazon.com comprises 1.5% of Hendley & Co. Inc.’s portfolio, making the stock its 28th biggest holding. Hendley & Co. Inc.’s holdings in Amazon.com were worth $2,567,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Benin Management CORP lifted its stake in Amazon.com by 2.3% during the fourth quarter. Benin Management CORP now owns 1,416 shares of the e-commerce giant’s stock worth $2,127,000 after purchasing an additional 32 shares during the period. Intact Investment Management Inc. raised its stake in shares of Amazon.com by 14.3% in the fourth quarter. Intact Investment Management Inc. now owns 1,200 shares of the e-commerce giant’s stock valued at $1,804,000 after acquiring an additional 150 shares during the last quarter. Rossmore Private Capital raised its stake in shares of Amazon.com by 2.1% in the fourth quarter. Rossmore Private Capital now owns 1,606 shares of the e-commerce giant’s stock valued at $2,412,000 after acquiring an additional 33 shares during the last quarter. SignalPoint Asset Management LLC raised its stake in shares of Amazon.com by 15.6% in the fourth quarter. SignalPoint Asset Management LLC now owns 1,677 shares of the e-commerce giant’s stock valued at $2,518,000 after acquiring an additional 226 shares during the last quarter. Finally, Lavaca Capital LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $1,338,000. Hedge funds and other institutional investors own 56.11% of the company’s stock.
AMZN opened at $1,861.69 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.10 and a quick ratio of 0.85. Amazon.com, Inc. has a 52 week low of $1,307.00 and a 52 week high of $2,050.50. The firm has a market cap of $916.05 billion, a price-to-earnings ratio of 92.48, a price-to-earnings-growth ratio of 2.24 and a beta of 1.63.
In other Amazon.com news, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $1,811.14, for a total transaction of $3,622,280.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $18,111,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffrey M. Blackburn sold 2,055 shares of Amazon.com stock in a transaction on Friday, February 15th. The stock was sold at an average price of $1,616.34, for a total transaction of $3,321,578.70. Following the sale, the senior vice president now directly owns 46,596 shares of the company’s stock, valued at approximately $75,314,978.64. The disclosure for this sale can be found here. Insiders have sold a total of 7,075 shares of company stock valued at $11,802,708 in the last ninety days. Company insiders own 16.30% of the company’s stock.
A number of research analysts have recently issued reports on AMZN shares. Royal Bank of Canada reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, January 25th. Stifel Nicolaus reiterated a “buy” rating and issued a $2,300.00 target price (down previously from $2,400.00) on shares of Amazon.com in a research note on Friday, February 1st. BidaskClub cut shares of Amazon.com from a “hold” rating to a “sell” rating in a research note on Saturday, December 22nd. Benchmark cut their target price on shares of Amazon.com from $2,100.00 to $2,000.00 and set a “buy” rating for the company in a research note on Wednesday, January 30th. Finally, Zacks Investment Research upgraded shares of Amazon.com from a “hold” rating to a “buy” rating and set a $1,543.00 target price for the company in a research note on Monday, December 31st. Four investment analysts have rated the stock with a hold rating and forty-six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $2,139.02.
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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 third-party sellers through physical stores and online stores.
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