Bank OZK decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 8.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,873 shares of the e-commerce giant’s stock after selling 380 shares during the period. Bank OZK’s holdings in Amazon.com were worth $850,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Maple Capital Management Inc. raised its position in Amazon.com by 1.8% during the fourth quarter. Maple Capital Management Inc. now owns 362,054 shares of the e-commerce giant’s stock valued at $79,431,000 after acquiring an additional 6,262 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of Amazon.com during the 4th quarter worth $77,255,000. Roanoke Asset Management Corp NY raised its holdings in shares of Amazon.com by 1.2% during the 4th quarter. Roanoke Asset Management Corp NY now owns 39,405 shares of the e-commerce giant’s stock valued at $8,645,000 after purchasing an additional 475 shares in the last quarter. Tower Bridge Advisors lifted its stake in shares of Amazon.com by 0.6% in the 4th quarter. Tower Bridge Advisors now owns 41,667 shares of the e-commerce giant’s stock valued at $9,141,000 after purchasing an additional 250 shares during the last quarter. Finally, TD Capital Management LLC lifted its position in shares of Amazon.com by 1.6% in the fourth quarter. TD Capital Management LLC now owns 3,058 shares of the e-commerce giant’s stock worth $671,000 after buying an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Amazon.com Stock Down 1.3 %
Shares of NASDAQ:AMZN opened at $190.26 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The stock has a market cap of $2.02 trillion, a price-to-earnings ratio of 34.41, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a 50 day moving average of $216.15 and a 200-day moving average of $209.27. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52.
Analyst Ratings Changes
AMZN has been the topic of a number of recent analyst reports. Piper Sandler reissued an “overweight” rating and issued a $265.00 price objective (up from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. JMP Securities restated a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, February 7th. TD Cowen raised their target price on shares of Amazon.com from $240.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. DA Davidson boosted their target price on shares of Amazon.com from $235.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 price objective on shares of Amazon.com in a research note on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $260.11.
Get Our Latest Stock Analysis on AMZN
Insider Buying and Selling
In other Amazon.com news, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total value of $1,256,648.44. Following the transaction, the chief executive officer now owns 505,318 shares of the company’s stock, valued at approximately $115,434,843.92. This represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $222.47, for a total value of $1,965,077.51. Following the transaction, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.60. The trade was a 6.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 102,298 shares of company stock valued at $22,871,828 over the last three months. Company insiders own 10.80% of the company’s stock.
Amazon.com Company Profile
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
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