Pioneer Trust Bank N A OR Grows Position in Amazon.com, Inc. (NASDAQ:AMZN)

Pioneer Trust Bank N A OR grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,000 shares of the e-commerce giant’s stock after purchasing an additional 1,210 shares during the quarter. Amazon.com makes up approximately 2.0% of Pioneer Trust Bank N A OR’s portfolio, making the stock its 20th biggest position. Pioneer Trust Bank N A OR’s holdings in Amazon.com were worth $6,837,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Clearwater Capital Advisors LLC lifted its stake in Amazon.com by 6.5% in the fourth quarter. Clearwater Capital Advisors LLC now owns 8,067 shares of the e-commerce giant’s stock worth $1,226,000 after acquiring an additional 495 shares during the period. National Pension Service lifted its stake in Amazon.com by 1.9% in the fourth quarter. National Pension Service now owns 14,050,284 shares of the e-commerce giant’s stock worth $2,134,800,000 after acquiring an additional 263,238 shares during the period. Moser Wealth Advisors LLC lifted its stake in Amazon.com by 7.7% in the fourth quarter. Moser Wealth Advisors LLC now owns 67,867 shares of the e-commerce giant’s stock worth $10,312,000 after acquiring an additional 4,860 shares during the period. Valtinson Bruner Financial Planning LLC lifted its stake in Amazon.com by 2.7% in the fourth quarter. Valtinson Bruner Financial Planning LLC now owns 4,518 shares of the e-commerce giant’s stock worth $686,000 after acquiring an additional 120 shares during the period. Finally, Meridian Wealth Advisors LLC lifted its stake in Amazon.com by 1.7% in the fourth quarter. Meridian Wealth Advisors LLC now owns 67,104 shares of the e-commerce giant’s stock worth $10,196,000 after acquiring an additional 1,101 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total transaction of $90,000.00. Following the sale, the chief executive officer now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $180.00, for a total transaction of $90,000.00. Following the sale, the chief executive officer now owns 132,600 shares in the company, valued at approximately $23,868,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Andrew R. Jassy sold 50,000 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $180.00, for a total value of $9,000,000.00. Following the sale, the chief executive officer now owns 1,994,182 shares in the company, valued at approximately $358,952,760. The disclosure for this sale can be found here. Insiders have sold 117,894 shares of company stock valued at $21,363,909 in the last ninety days. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. DA Davidson reiterated a “buy” rating and issued a $235.00 price objective on shares of Amazon.com in a report on Thursday, April 18th. Wedbush reiterated an “outperform” rating and issued a $225.00 price objective on shares of Amazon.com in a report on Wednesday, May 1st. Barclays increased their price objective on Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Wells Fargo & Company increased their price objective on Amazon.com from $217.00 to $234.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Finally, Moffett Nathanson reiterated a “buy” rating and issued a $228.00 price objective on shares of Amazon.com in a report on Thursday, April 11th. One analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $211.62.

Get Our Latest Research Report on Amazon.com

Amazon.com Trading Down 0.1 %

AMZN stock opened at $182.02 on Thursday. Amazon.com, Inc. has a 1-year low of $118.35 and a 1-year high of $191.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The company has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 50.99, a PEG ratio of 1.29 and a beta of 1.15. The business has a 50 day simple moving average of $182.37 and a two-hundred day simple moving average of $167.05.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.15. The business had revenue of $143.31 billion for the quarter, compared to analysts’ expectations of $142.65 billion. 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 up 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 EPS. Research analysts anticipate that Amazon.com, Inc. will post 4.72 EPS for the current fiscal year.

Amazon.com Company Profile

(Free Report)

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

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