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GSA Capital Partners LLP Reduces Stake in Amazon.com, Inc. (NASDAQ:AMZN) – Journal Important Online


GSA Capital Partners LLP down its wager in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 30.9% during the prototypal quarter, according to its most past 13F filing with the Securities and Exchange Commission. The institutionalised investor owned 27,314 shares of the e-commerce giant’s hit after commerce 12,211 shares during the quarter. Amazon.com makes up 0.4% of GSA Capital Partners LLP’s assets portfolio, making the hit its 2nd maximal holding. GSA Capital Partners LLP’s holdings in Amazon.com were worth $4,927,000 as of its most past filing with the Securities and Exchange Commission.

Other institutionalised investors hit also fresh bought and oversubscribed shares of the company. Cooksen Wealth LLC purchased a newborn function in Amazon.com in the 4th lodge worth most $30,000. Strid Group LLC purchased a newborn function in Amazon.com during the 4th lodge valued at most $43,000. Harbor Investment Advisory LLC grew its wager in Amazon.com by 0.7% during the 4th quarter. Harbor Investment Advisory LLC today owns 299,959 shares of the e-commerce giant’s hit valued at $46,000 after feat an added 1,988 shares in the terminal quarter. Clarity Asset Management Inc. purchased a newborn function in Amazon.com during the 4th lodge valued at most $46,000. Finally, Steph & Co. purchased a newborn function in Amazon.com during the 1st lodge valued at most $65,000. Hedge assets and another institutionalised investors possess 72.20% of the company’s stock.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN unsealed at $182.55 on Tuesday. The business’s banknote punctuation agitated cipher toll is $187.51 and its two-hundred punctuation agitated cipher toll is $178.06. Amazon.com, Inc. has a fifty-two hebdomad baritone of $118.35 and a fifty-two hebdomad broad of $201.20. The hit has a mart estimation of $1.90 trillion, a price-to-earnings ratio of 51.13, a price-to-earnings-growth ratio of 1.31 and a beta of 1.15. The consort has a debt-to-equity ratio of 0.27, a underway ratio of 1.07 and a hurried ratio of 0.87.

Amazon.com (NASDAQ:AMZNGet Free Report) terminal declared its quarterly earnings results on Tuesday, Apr 30th. The e-commerce colossus reportable $0.98 earnings per deal for the quarter, fighting analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a convey on justness of 19.86% and a gain edge of 6.38%. The concern had income of $143.31 1000000000 for the quarter, compared to analysts’ expectations of $142.65 billion. During the aforementioned punctuation in the preceding year, the playing posted $0.31 earnings per share. The business’s income was up 12.5% compared to the aforementioned lodge terminal year. As a group, analysts prognosticate that Amazon.com, Inc. module place 4.72 EPS for the underway business year.

Analysts Set New Price Targets

Several investigate firms hit weighed in on AMZN. Truist Financial raised their direct toll on Amazon.com from $220.00 to $230.00 and gave the consort a “buy” judgement in a investigate state on Monday. author Research began programme on Amazon.com in a investigate state on Tuesday, July 16th. They ordered an “outperform” judgement and a $250.00 direct toll on the stock. Benchmark reaffirmed a “buy” judgement and ordered a $200.00 direct toll on shares of Amazon.com in a investigate state on Tuesday, July 16th. BMO Capital Markets raised their toll direct on Amazon.com from $215.00 to $220.00 and gave the consort an “outperform” judgement in a inform on Wednesday, May 1st. Finally, Piper Sandler raised their toll direct on Amazon.com from $205.00 to $220.00 and gave the consort an “overweight” judgement in a inform on Wednesday, May 1st. One assets shrink has rated the hit with a stop rating, forty-two hit appointed a acquire judgement and digit has presented a brawny acquire judgement to the stock. According to accumulation from MarketBeat.com, the consort currently has an cipher judgement of “Buy” and an cipher direct toll of $219.38.

Read Our Latest Analysis on Amazon.com

Insider Transactions at Amazon.com

In another news, CEO Douglas J. Herrington oversubscribed 3,500 shares of the hit in a dealings on Wednesday, May 1st. The hit was oversubscribed at an cipher toll of $180.29, for a amount dealings of $631,015.00. Following the sale, the honcho honcho tar today owns 509,358 shares in the company, valued at $91,832,153.82. The understanding was unconcealed in a writing filed with the Securities & Exchange Commission, which is acquirable finished the SEC website. In another news, Director Keith Brian Alexander oversubscribed 1,000 shares of the hit in a dealings on Monday, May 6th. The hit was oversubscribed at an cipher toll of $186.22, for a amount dealings of $186,220.00. Following the sale, the administrator today owns 4,760 shares in the company, valued at $886,407.20. The understanding was unconcealed in a writing filed with the Securities & Exchange Commission, which is acquirable finished the SEC website. Also, CEO politico J. Herrington oversubscribed 3,500 shares of the hit in a dealings on Wednesday, May 1st. The hit was oversubscribed at an cipher toll of $180.29, for a amount continuance of $631,015.00. Following the sale, the honcho honcho tar today owns 509,358 shares in the company, valued at roughly $91,832,153.82. The revealing for this understanding crapper be institute here. Over the terminal quarter, insiders hit oversubscribed 6,112,990 shares of consort hit worth $1,222,250,048. Insiders possess 10.80% of the company’s stock.

Amazon.com Profile

(Free Report)

Amazon.com, Inc engages in the retail understanding of consumer products, advertising, and subscriptions assist finished online and fleshly stores in North USA and internationally. The consort operates finished threesome 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.

Further Reading

Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)



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