First National Corp MA ADV Purchases 189 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

First National Corp MA ADV grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,099 shares of the e-commerce giant’s stock after acquiring an additional 189 shares during the period. First National Corp MA ADV’s holdings in Amazon.com were worth $1,593,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Platform Technology Partners raised its stake in shares of Amazon.com by 3.0% in the third quarter. Platform Technology Partners now owns 48,591 shares of the e-commerce giant’s stock valued at $5,491,000 after acquiring an additional 1,394 shares during the last quarter. MBM Wealth Consultants LLC increased its holdings in shares of Amazon.com by 23.4% in the third quarter. MBM Wealth Consultants LLC now owns 5,710 shares of the e-commerce giant’s stock valued at $662,000 after purchasing an additional 1,081 shares in the last quarter. MV Capital Management Inc. increased its holdings in shares of Amazon.com by 46.9% in the third quarter. MV Capital Management Inc. now owns 8,739 shares of the e-commerce giant’s stock valued at $988,000 after purchasing an additional 2,789 shares in the last quarter. WP Advisors LLC increased its holdings in shares of Amazon.com by 7.2% in the third quarter. WP Advisors LLC now owns 48,630 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 3,260 shares in the last quarter. Finally, First City Capital Management Inc. increased its holdings in shares of Amazon.com by 14.0% in the third quarter. First City Capital Management Inc. now owns 18,252 shares of the e-commerce giant’s stock valued at $2,062,000 after purchasing an additional 2,240 shares in the last quarter. Institutional investors own 57.64% of the company’s stock.

Insiders Place Their Bets

In other Amazon.com news, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $94.00, for a total value of $329,000.00. Following the completion of the sale, the vice president now directly owns 119,780 shares in the company, valued at $11,259,320. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 520 shares of the firm’s stock in a transaction on Monday, October 17th. The shares were sold at an average price of $112.20, for a total value of $58,344.00. Following the completion of the sale, the chief executive officer now directly owns 113,640 shares in the company, valued at $12,750,408. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shelley Reynolds sold 3,500 shares of the firm’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $94.00, for a total transaction of $329,000.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $11,259,320. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,948 shares of company stock worth $5,135,922. 12.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. The Goldman Sachs Group lowered their price target on shares of Amazon.com from $165.00 to $145.00 and set a “buy” rating for the company in a report on Friday. Wedbush lowered their target price on shares of Amazon.com from $175.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, October 28th. Tigress Financial lowered their target price on shares of Amazon.com from $232.00 to $192.00 and set a “buy” rating for the company in a report on Wednesday, November 2nd. JPMorgan Chase & Co. lowered their target price on shares of Amazon.com from $145.00 to $130.00 and set an “overweight” rating for the company in a report on Friday, December 16th. Finally, Cowen lowered their target price on shares of Amazon.com from $160.00 to $140.00 and set an “outperform” rating for the company in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and forty-two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $146.29.

Amazon.com Trading Up 3.0 %

AMZN opened at $98.12 on Friday. Amazon.com, Inc. has a twelve month low of $81.43 and a twelve month high of $170.83. The company has a quick ratio of 0.68, a current ratio of 0.94 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average of $90.39 and a 200-day moving average of $110.73. The stock has a market cap of $1.00 trillion, a PE ratio of 90.06, a price-to-earnings-growth ratio of 3.03 and a beta of 1.22.

Amazon.com (NASDAQ:AMZNGet Rating) last posted its quarterly earnings data on Thursday, October 27th. The e-commerce giant reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The firm had revenue of $127.10 billion for the quarter, compared to analyst estimates of $127.47 billion. During the same quarter last year, the company earned $0.31 earnings per share. The company’s quarterly revenue was up 14.7% compared to the same quarter last year. On average, sell-side analysts predict that Amazon.com, Inc. will post 0.69 EPS for the current year.

Amazon.com Profile

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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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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

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