First Bank & Trust Buys 1,096 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

First Bank & Trust raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 5.5% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 21,075 shares of the e-commerce giant’s stock after purchasing an additional 1,096 shares during the period. Amazon.com accounts for about 0.8% of First Bank & Trust’s investment portfolio, making the stock its 24th biggest holding. First Bank & Trust’s holdings in Amazon.com were worth $3,802,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ShoreHaven Wealth Partners LLC grew its holdings in Amazon.com by 1.9% during the 4th quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant’s stock valued at $491,000 after purchasing an additional 60 shares during the last quarter. O Dell Group LLC boosted its position in shares of Amazon.com by 0.5% during the fourth quarter. O Dell Group LLC now owns 13,581 shares of the e-commerce giant’s stock valued at $2,064,000 after buying an additional 61 shares during the period. Measured Wealth Private Client Group LLC grew its stake in shares of Amazon.com by 2.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 2,562 shares of the e-commerce giant’s stock valued at $389,000 after buying an additional 62 shares during the last quarter. Ballew Advisors Inc raised its holdings in shares of Amazon.com by 1.5% in the first quarter. Ballew Advisors Inc now owns 4,248 shares of the e-commerce giant’s stock worth $790,000 after buying an additional 62 shares during the period. Finally, Socha Financial Group LLC lifted its stake in shares of Amazon.com by 3.3% during the 4th quarter. Socha Financial Group LLC now owns 1,991 shares of the e-commerce giant’s stock worth $303,000 after acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the completion of the transaction, the chief executive officer now owns 130,600 shares of the company’s stock, valued at $23,688,228. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $181.38, for a total value of $90,690.00. Following the sale, the chief executive officer now directly owns 130,600 shares of the company’s stock, valued at $23,688,228. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey P. Bezos sold 1,463,437 shares of the company’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $200.08, for a total value of $292,804,474.96. Following the transaction, the insider now directly owns 935,211,842 shares of the company’s stock, valued at $187,117,185,347.36. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,532,985 shares of company stock valued at $305,578,679. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $200.00 on Friday. Amazon.com, Inc. has a 52-week low of $118.35 and a 52-week high of $200.55. 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 stock has a market cap of $2.08 trillion, a PE ratio of 56.02, a price-to-earnings-growth ratio of 1.41 and a beta of 1.15. The business has a 50-day simple moving average of $185.99 and a 200-day simple moving average of $174.63.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.15. The company had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. Amazon.com’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.31 earnings per share. On average, equities analysts expect that Amazon.com, Inc. will post 4.72 EPS for the current year.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of recent analyst reports. BMO Capital Markets increased their target price on Amazon.com from $215.00 to $220.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. Barclays lifted their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Benchmark restated a “buy” rating and issued a $200.00 target price on shares of Amazon.com in a research note on Wednesday, May 1st. Wells Fargo & Company lifted their price target on shares of Amazon.com from $234.00 to $239.00 and gave the company an “overweight” rating in a research note on Friday, June 28th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $220.00 target price on shares of Amazon.com in a research report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, forty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $215.86.

Check Out Our Latest Report on AMZN

Amazon.com 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.

Further Reading

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

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