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HTLF Bank has an $8.27 million position in Amazon.com, Inc. (NASDAQ:AMZN)


HTLF Bank has purchased a new position in Amazon.com, Inc., according to its latest disclosure to the Securities and Exchange Commission (SEC). (NASDAQ:AMZN) in the fourth quarter. The company acquired 54,430 shares of the e-commerce giant’s stock worth approximately $8,270,000. Amazon.com makes up about 1.0% of HTLF Bank’s portfolio, making it the 24th largest stock.

Several other hedge funds and other institutional investors also recently adjusted their holdings in AMZN. Opes Wealth Management LLC increased its holdings in Amazon.com by 32.5% during the fourth quarter. Opes Wealth Management LLC now owns 6,079 shares of the e-commerce giant’s stock valued at $924,000 after purchasing an additional 1,490 shares in the last quarter. Colton Groome Financial Advisors LLC increased its position on Amazon.com by 11.3% during the fourth quarter. Colton Groome Financial Advisors LLC now owns 4,697 shares of the e-commerce giant’s stock valued at $714,000 after purchasing an additional 475 shares during the period. Echo45 Advisors LLC rose 3.5% on Amazon.com in the fourth quarter. Echo45 Advisors LLC now owns 6,560 shares of the e-commerce giant’s stock valued at $997,000 after purchasing an additional 220 shares during the period. Fonville Wealth Management LLC acquired a new position on Amazon.com during the 4th quarter valued at $956,000. Finally, Fidelis Capital Partners LLC improved its position on Amazon.com by 29.2% in the fourth quarter. Fidelis Capital Partners LLC now owns 74,043 shares of the e-commerce giant’s stock worth $11,250,000 after purchasing an additional 16,717 shares during the period. Hedge funds and other institutional investors hold 72.20% of the company’s shares.

Amazon.com Stock Up 0.8%

AMZN shares opened at $189.50 on Friday. Amazon.com, Inc. it has a twelve month low of $108.05 and a twelve month high of $191.70. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 0.27. The company’s market value is $1.97 trillion, its P/E ratio is 53.08, its PEG ratio is 1.35, and its beta is 1.15. The company’s 50-day moving average price is $179.90 and its 200-day moving average price is $161.81.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported earnings per share of $0.98 for the quarter, $0.15 above the analyst consensus of $0.83. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s revenue for the quarter was $143.31 billion, compared to analyst expectations of $142.65 billion. During the same period last year, the company earned $0.31 EPS. The company’s quarterly revenue increased 12.5% ​​year-over-year. Stock research analysts predict that Amazon.com, Inc. will report an average of 4.67 EPS this year.

Buying and selling confidential information

In related news, CEO Keith Brian Alexander sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $186.22, for a total value of $186,220.00. Following the transaction, the director now directly owns 4,760 shares of the company’s stock, valued at approximately $886,407.20. The transaction was disclosed in a legal filing filed with the SEC, which can be accessed through the SEC’s website. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $184.00, for a total value of $92,000.00. Following the transaction, the CEO now directly owns 131,600 shares of the company’s stock, valued at approximately $24,214,400. The transaction was disclosed in a legal filing filed with the SEC, which can be accessed through the SEC’s website. Additionally, Keith Brian Alexander, director, sold 1,000 shares of Amazon.com stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $186.22, for a total value of $186,220.00. Following the completion of the sale, the director now directly owns 4,760 shares of the company’s stock, valued at approximately $886,407.20. The announcement of this sale can be found here. Over the last three months, insiders sold 20,187,979 shares of company stock worth $3,440,575,337. Corporate insiders own 10.80% of the company’s shares.

Changes in analyst ratings

AMZN has been the subject of several recent research reports. BMO Capital Markets raised their target price on Amazon.com from $215.00 to $220.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. Needham & Company LLC reissued a “buy” rating and set a $205.00 price target on shares of Amazon.com in a research report on Wednesday, May 1st. Royal Bank of Canada raised their price target on Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Sanford C. Bernstein raised their price target on Amazon.com from $175.00 to $200.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Finally, Moffett Nathanson maintained a “buy” rating on the stock and set a $228.00 price target on shares of Amazon.com in a report on Thursday, April 11th. One investment analyst has rated the company with a hold rating, forty-four analysts have issued a buy rating to the company and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $211.62, according to MarketBeat.com.

Get our latest analysis on AMZN

Amazon.com company profile

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. The company operates in three segments: North America, International and Amazon Web Services (AWS). It also manufactures and sells electronic devices including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink and eero; and develops and produces media content.

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Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com for the latest 13F filings and insider transactions for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Institutional ownership by quarter for Amazon.com (NASDAQ:AMZN)



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