BlackRock, Inc. (BLK) Position Boosted by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its stake in BlackRock, Inc. (NYSE:BLK) by 14.1% in the third quarter, according to its most recent filing with the Securities …

BlackRock logoPacer Advisors Inc. boosted its stake in BlackRock, Inc. (NYSE:BLK) by 14.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,600 shares of the asset manager’s stock after buying an additional 816 shares during the period. Pacer Advisors Inc.’s holdings in BlackRock were worth $3,111,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KDI Capital Partners LLC lifted its position in shares of BlackRock by 3.9% in the third quarter. KDI Capital Partners LLC now owns 7,368 shares of the asset manager’s stock worth $3,473,000 after purchasing an additional 275 shares in the last quarter. Capital World Investors lifted its position in shares of BlackRock by 1.8% in the third quarter. Capital World Investors now owns 8,353,670 shares of the asset manager’s stock worth $3,937,335,000 after purchasing an additional 148,805 shares in the last quarter. Capital International Investors purchased a new stake in shares of BlackRock in the third quarter worth approximately $477,939,000. Capital International Inc. CA purchased a new stake in shares of BlackRock in the third quarter worth approximately $1,275,000. Finally, LPL Financial LLC lifted its position in shares of BlackRock by 1.2% in the third quarter. LPL Financial LLC now owns 23,332 shares of the asset manager’s stock worth $10,997,000 after purchasing an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 83.16% of the company’s stock.

In other news, Director J. Richard Kushel sold 2,100 shares of BlackRock stock in a transaction that occurred on Monday, November 26th. The shares were sold at an average price of $419.11, for a total value of $880,131.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director William E. Ford purchased 2,000 shares of the company’s stock in a transaction dated Monday, October 22nd. The stock was purchased at an average cost of $395.21 per share, for a total transaction of $790,420.00. Following the transaction, the director now owns 9,466 shares of the company’s stock, valued at $3,741,057.86. The disclosure for this purchase can be found here. 1.75% of the stock is currently owned by company insiders.

A number of analysts have recently issued reports on the stock. ValuEngine raised shares of BlackRock from a “sell” rating to a “hold” rating in a research report on Wednesday, October 31st. Morgan Stanley reduced their price target on shares of BlackRock from $554.00 to $514.00 and set an “overweight” rating for the company in a research report on Wednesday, November 14th. Deutsche Bank reduced their price target on shares of BlackRock from $458.00 to $444.00 and set a “buy” rating for the company in a research report on Friday, November 16th. Bank of America reissued a “buy” rating and issued a $478.00 price target (down from $525.00) on shares of BlackRock in a research report on Thursday, December 6th. Finally, Argus reduced their price target on shares of BlackRock from $620.00 to $535.00 and set a “buy” rating for the company in a research report on Wednesday, October 17th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $548.86.

Shares of BLK opened at $387.27 on Friday. The company has a market cap of $61.52 billion, a P/E ratio of 17.14, a price-to-earnings-growth ratio of 1.33 and a beta of 1.55. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.07 and a current ratio of 3.07. BlackRock, Inc. has a twelve month low of $376.31 and a twelve month high of $594.52.

BlackRock (NYSE:BLK) last issued its quarterly earnings data on Tuesday, October 16th. The asset manager reported $7.52 earnings per share for the quarter, beating the consensus estimate of $6.93 by $0.59. The firm had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.65 billion. BlackRock had a net margin of 39.92% and a return on equity of 13.72%. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the firm earned $5.76 earnings per share. Analysts predict that BlackRock, Inc. will post 27.75 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 26th. Investors of record on Friday, December 7th will be given a dividend of $3.13 per share. This represents a $12.52 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend is Thursday, December 6th. BlackRock’s payout ratio is presently 55.40%.

COPYRIGHT VIOLATION NOTICE: “BlackRock, Inc. (BLK) Position Boosted by Pacer Advisors Inc.” was originally posted by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this piece of content on another publication, it was stolen and republished in violation of U.S. and international copyright law. The original version of this piece of content can be viewed at https://www.fairfieldcurrent.com/news/2018/12/14/blackrock-inc-blk-position-boosted-by-pacer-advisors-inc.html.

About BlackRock

BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

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Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

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Nucor Co. (NUE) Shares Bought by Summit Global Investments

Man Group plc lifted its stake in shares of Nucor by 467.9% in the 3rd quarter. Man Group plc now owns 449,858 shares of the basic materials …

Nucor logoSummit Global Investments grew its stake in shares of Nucor Co. (NYSE:NUE) by 13.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,537 shares of the basic materials company’s stock after acquiring an additional 3,761 shares during the period. Summit Global Investments’ holdings in Nucor were worth $2,001,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Luminus Management LLC lifted its stake in shares of Nucor by 8.4% in the 3rd quarter. Luminus Management LLC now owns 2,304,424 shares of the basic materials company’s stock valued at $146,216,000 after purchasing an additional 178,100 shares during the last quarter. National Pension Service lifted its stake in shares of Nucor by 1.3% in the 3rd quarter. National Pension Service now owns 341,272 shares of the basic materials company’s stock valued at $21,654,000 after purchasing an additional 4,215 shares during the last quarter. Verition Fund Management LLC lifted its stake in shares of Nucor by 473.2% in the 3rd quarter. Verition Fund Management LLC now owns 60,569 shares of the basic materials company’s stock valued at $3,843,000 after purchasing an additional 50,002 shares during the last quarter. Man Group plc lifted its stake in shares of Nucor by 467.9% in the 3rd quarter. Man Group plc now owns 449,858 shares of the basic materials company’s stock valued at $28,543,000 after purchasing an additional 370,650 shares during the last quarter. Finally, Bluefin Trading LLC acquired a new stake in shares of Nucor in the 3rd quarter valued at $374,000. Institutional investors and hedge funds own 76.59% of the company’s stock.

A number of research analysts have weighed in on the stock. Argus reissued a “buy” rating on shares of Nucor in a research report on Tuesday, October 23rd. Citigroup cut their target price on shares of Nucor from $78.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, October 19th. Seaport Global Securities assumed coverage on shares of Nucor in a research report on Thursday, October 11th. They set a “buy” rating and a $75.00 target price for the company. Zacks Investment Research raised shares of Nucor from a “hold” rating to a “buy” rating and set a $72.00 target price for the company in a research report on Tuesday, October 9th. Finally, Deutsche Bank lowered shares of Nucor to a “buy” rating in a research report on Tuesday, October 2nd. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Nucor has an average rating of “Buy” and a consensus price target of $72.67.

Shares of NUE traded up $1.57 during trading hours on Friday, reaching $57.27. 1,041,781 shares of the company traded hands, compared to its average volume of 2,029,772. The firm has a market capitalization of $17.67 billion, a P/E ratio of 16.32, a P/E/G ratio of 0.62 and a beta of 1.47. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.69 and a current ratio of 3.15. Nucor Co. has a 1-year low of $55.52 and a 1-year high of $70.48.

Nucor (NYSE:NUE) last announced its quarterly earnings data on Thursday, October 18th. The basic materials company reported $2.33 EPS for the quarter, missing the Zacks’ consensus estimate of $2.35 by ($0.02). The company had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.64 billion. Nucor had a net margin of 8.79% and a return on equity of 20.72%. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 EPS. As a group, equities analysts forecast that Nucor Co. will post 7.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 11th. Stockholders of record on Monday, December 31st will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, December 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.79%. This is a positive change from Nucor’s previous quarterly dividend of $0.38. Nucor’s dividend payout ratio is currently 43.30%.

Nucor announced that its board has authorized a share buyback plan on Thursday, September 6th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the basic materials company to buy up to 10% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

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Nucor Company Profile

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; hollow structural section steel tubing, steel electrical conduit, plate steel, and structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, wire rods, and special bar quality; and tubular and plate steel products.

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Institutional Ownership by Quarter for Nucor (NYSE:NUE)

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WINTON GROUP Ltd Increases Position in Microsoft Co. (MSFT)

WINTON GROUP Ltd boosted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 15.2% in the second quarter, according to the company in its …

Microsoft logoWINTON GROUP Ltd boosted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 15.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 262,431 shares of the software giant’s stock after buying an additional 34,655 shares during the period. Microsoft makes up about 0.7% of WINTON GROUP Ltd’s portfolio, making the stock its 15th biggest holding. WINTON GROUP Ltd’s holdings in Microsoft were worth $25,878,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MSFT. Peak Capital Management LLC bought a new stake in shares of Microsoft in the 2nd quarter valued at approximately $107,000. WP Advisors LLC purchased a new stake in shares of Microsoft in the second quarter worth approximately $131,000. Live Your Vision LLC raised its holdings in shares of Microsoft by 58.7% in the second quarter. Live Your Vision LLC now owns 1,376 shares of the software giant’s stock worth $140,000 after buying an additional 509 shares during the period. CX Institutional purchased a new stake in shares of Microsoft in the second quarter worth approximately $145,000. Finally, Lara May & Associates LLC purchased a new stake in shares of Microsoft in the first quarter worth approximately $199,000. 71.85% of the stock is owned by institutional investors.

In other Microsoft news, EVP Kathleen T. Hogan sold 36,500 shares of Microsoft stock in a transaction dated Thursday, November 8th. The stock was sold at an average price of $111.28, for a total transaction of $4,061,720.00. Following the completion of the sale, the executive vice president now owns 226,801 shares of the company’s stock, valued at approximately $25,238,415.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CMO Christopher C. Capossela sold 10,000 shares of Microsoft stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $111.77, for a total value of $1,117,700.00. Following the sale, the chief marketing officer now directly owns 177,931 shares of the company’s stock, valued at approximately $19,887,347.87. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 279,918 shares of company stock valued at $30,102,412. 1.38% of the stock is currently owned by insiders.

Microsoft stock opened at $109.45 on Friday. The company has a quick ratio of 2.85, a current ratio of 2.92 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $839.89 billion, a PE ratio of 28.21, a price-to-earnings-growth ratio of 1.97 and a beta of 1.25. Microsoft Co. has a 1-year low of $83.83 and a 1-year high of $116.18.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.18. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The company had revenue of $29.08 billion during the quarter, compared to analysts’ expectations of $27.92 billion. During the same quarter in the previous year, the firm posted $0.84 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year. As a group, equities research analysts expect that Microsoft Co. will post 4.43 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 21st will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, February 20th. This represents a $1.84 dividend on an annualized basis and a yield of 1.68%. Microsoft’s dividend payout ratio is currently 47.42%.

Several equities research analysts have recently weighed in on the company. Credit Suisse Group set a $125.00 price target on Microsoft and gave the stock a “buy” rating in a report on Monday. Morgan Stanley reiterated a “buy” rating and issued a $130.00 price target on shares of Microsoft in a report on Monday. Macquarie set a $125.00 price target on Microsoft and gave the stock a “buy” rating in a report on Monday, November 19th. Stifel Nicolaus reiterated a “buy” rating and issued a $120.00 price target on shares of Microsoft in a report on Thursday, October 25th. Finally, Sanford C. Bernstein reiterated a “buy” rating and issued a $137.00 price target on shares of Microsoft in a report on Thursday, October 25th. One analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have given a buy rating and two have issued a strong buy rating to the company’s stock. Microsoft currently has an average rating of “Buy” and an average target price of $121.88.

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Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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Vanguard Group Inc Has $3.82 Billion Holdings in Norfolk Southern Corp. (NSC)

Vanguard Group Inc lifted its stake in Norfolk Southern Corp. (NYSE:NSC) by 1.6% during the third quarter, according to the company in its most …

Norfolk Southern logoVanguard Group Inc lifted its stake in Norfolk Southern Corp. (NYSE:NSC) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,159,132 shares of the railroad operator’s stock after purchasing an additional 336,725 shares during the period. Vanguard Group Inc owned about 7.77% of Norfolk Southern worth $3,819,223,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of NSC. Proffitt & Goodson Inc. purchased a new stake in shares of Norfolk Southern during the third quarter valued at about $110,000. Zions Bancorporation acquired a new stake in shares of Norfolk Southern during the 3rd quarter worth approximately $114,000. Sun Life Financial INC grew its stake in shares of Norfolk Southern by 336.4% during the 2nd quarter. Sun Life Financial INC now owns 768 shares of the railroad operator’s stock worth $116,000 after purchasing an additional 592 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Norfolk Southern during the 2nd quarter worth approximately $117,000. Finally, Psagot Investment House Ltd. acquired a new stake in Norfolk Southern in the 3rd quarter valued at $130,000. Hedge funds and other institutional investors own 72.98% of the company’s stock.

NSC traded down $2.03 on Friday, reaching $155.49. The company’s stock had a trading volume of 286,378 shares, compared to its average volume of 2,122,121. The company has a quick ratio of 0.75, a current ratio of 0.86 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $42.68 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 1.41 and a beta of 1.33. Norfolk Southern Corp. has a fifty-two week low of $127.79 and a fifty-two week high of $186.91.

Norfolk Southern (NYSE:NSC) last announced its quarterly earnings results on Wednesday, October 24th. The railroad operator reported $2.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.44 by $0.08. The firm had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.90 billion. Norfolk Southern had a return on equity of 15.12% and a net margin of 52.82%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.75 earnings per share. On average, equities analysts anticipate that Norfolk Southern Corp. will post 9.26 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 10th. Investors of record on Friday, November 2nd were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend was Thursday, November 1st. Norfolk Southern’s dividend payout ratio (DPR) is 48.41%.

A number of brokerages have weighed in on NSC. Zacks Investment Research lowered Norfolk Southern from a “buy” rating to a “hold” rating in a report on Wednesday, September 26th. Morgan Stanley boosted their price objective on shares of Norfolk Southern from $112.00 to $116.00 and gave the company a “sell” rating in a report on Tuesday, October 9th. Edward Jones downgraded Norfolk Southern from a “buy” rating to a “hold” rating in a research report on Friday, September 28th. Robert W. Baird dropped their target price on Norfolk Southern from $186.00 to $181.00 and set a “neutral” rating for the company in a research report on Thursday, October 25th. Finally, Bank of America downgraded Norfolk Southern from a “buy” rating to a “neutral” rating and set a $182.00 target price for the company. in a research report on Thursday, October 18th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and ten have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $176.11.

In related news, COO Michael Joseph Wheeler sold 801 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $172.55, for a total value of $138,212.55. Following the completion of the transaction, the chief operating officer now directly owns 9,406 shares of the company’s stock, valued at $1,623,005.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Vanguard Group Inc Has $3.82 Billion Holdings in Norfolk Southern Corp. (NSC)” was first reported by Modern Readers and is the property of of Modern Readers. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this piece of content can be read at https://www.modernreaders.com/news/2018/12/14/vanguard-group-inc-has-3-82-billion-holdings-in-norfolk-southern-corp-nsc.html.

Norfolk Southern Company Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. It also transports overseas freight through various Atlantic and Gulf Coast ports, as well as coal, automotive, and industrial products; and provides commuter passenger services.

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Institutional Ownership by Quarter for Norfolk Southern (NYSE:NSC)

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WINTON GROUP Ltd Sells 7059 Shares of Amazon.com, Inc. (AMZN)

WINTON GROUP Ltd decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 36.4% during the 2nd quarter, according to its most …

Amazon.com logoWINTON GROUP Ltd decreased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 36.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,344 shares of the e-commerce giant’s stock after selling 7,059 shares during the quarter. Amazon.com comprises approximately 0.5% of WINTON GROUP Ltd’s holdings, making the stock its 24th biggest holding. WINTON GROUP Ltd’s holdings in Amazon.com were worth $20,982,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AMZN. Guidant Wealth Advisors lifted its holdings in shares of Amazon.com by 657.4% during the 2nd quarter. Guidant Wealth Advisors now owns 409 shares of the e-commerce giant’s stock valued at $100,000 after acquiring an additional 355 shares in the last quarter. Point72 Asia Hong Kong Ltd acquired a new position in Amazon.com in the 1st quarter worth $145,000. Braun Bostich & Associates Inc. acquired a new position in Amazon.com in the 1st quarter worth $174,000. Legacy Advisors LLC lifted its holdings in Amazon.com by 47.1% in the 2nd quarter. Legacy Advisors LLC now owns 103 shares of the e-commerce giant’s stock worth $175,000 after buying an additional 33 shares in the last quarter. Finally, JJJ Advisors Inc. acquired a new position in Amazon.com in the 2nd quarter worth $175,000. Institutional investors and hedge funds own 55.61% of the company’s stock.

AMZN opened at $1,658.38 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 0.63. Amazon.com, Inc. has a 1-year low of $1,160.55 and a 1-year high of $2,050.50. The stock has a market capitalization of $813.42 billion, a PE ratio of 364.48, a P/E/G ratio of 3.16 and a beta of 1.70.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $3.29 by $2.46. Amazon.com had a net margin of 4.03% and a return on equity of 24.35%. The business had revenue of $56.58 billion during the quarter, compared to the consensus estimate of $57.05 billion. On average, equities analysts expect that Amazon.com, Inc. will post 19.49 EPS for the current year.

In related news, CEO Jeffrey P. Bezos sold 16,964 shares of the business’s stock in a transaction dated Monday, October 29th. The shares were sold at an average price of $1,632.23, for a total transaction of $27,689,149.72. Following the completion of the sale, the chief executive officer now owns 78,884,539 shares of the company’s stock, valued at approximately $128,757,711,091.97. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Daniel P. Huttenlocher sold 181 shares of the business’s stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $1,579.89, for a total transaction of $285,960.09. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,842 shares of company stock valued at $38,549,801. Insiders own 16.30% of the company’s stock.

AMZN has been the topic of a number of recent analyst reports. BidaskClub lowered shares of Amazon.com from a “hold” rating to a “sell” rating in a report on Wednesday, October 31st. Morningstar reiterated a “buy” rating on shares of Amazon.com in a report on Thursday, October 11th. Barclays reiterated a “buy” rating on shares of Amazon.com in a report on Tuesday, September 11th. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a report on Monday, October 1st. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Amazon.com in a report on Monday, October 29th. Three equities research analysts have rated the stock with a hold rating and forty-six have assigned a buy rating to the company. Amazon.com currently has an average rating of “Buy” and an average price target of $2,096.01.

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About Amazon.com

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

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