Amazon.com, Inc. $AMZN Shares Purchased by Bath Savings Trust Co

Bath Savings Trust Co raised its position in Amazon.com, Inc. (NASDAQ:AMZNFree Report) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,534 shares of the e-commerce giant’s stock after purchasing an additional 3,093 shares during the quarter. Amazon.com comprises approximately 2.1% of Bath Savings Trust Co’s investment portfolio, making the stock its 14th biggest holding. Bath Savings Trust Co’s holdings in Amazon.com were worth $20,897,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in AMZN. Norges Bank bought a new stake in Amazon.com during the 2nd quarter valued at $27,438,011,000. Nuveen LLC acquired a new position in Amazon.com during the 1st quarter worth $11,674,091,000. Vanguard Group Inc. grew its stake in shares of Amazon.com by 2.1% in the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after purchasing an additional 17,447,045 shares in the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after purchasing an additional 12,122,668 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Amazon.com by 21.3% during the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the transaction, the vice president owned 119,780 shares of the company’s stock, valued at approximately $24,662,702. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $204.25, for a total value of $204,250.00. Following the sale, the chief executive officer owned 521,361 shares of the company’s stock, valued at $106,487,984.25. This trade represents a 0.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 71,686 shares of company stock valued at $14,688,739. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on AMZN shares. DZ Bank upgraded shares of Amazon.com to a “strong-buy” rating in a research note on Friday, February 6th. President Capital decreased their target price on shares of Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Rothschild & Co Redburn set a $230.00 target price on shares of Amazon.com in a research note on Wednesday, January 21st. Wolfe Research dropped their price target on shares of Amazon.com from $255.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 price target on shares of Amazon.com in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and an average target price of $286.57.

View Our Latest Research Report on Amazon.com

Amazon.com Price Performance

Shares of Amazon.com stock opened at $200.95 on Tuesday. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The stock has a market cap of $2.16 trillion, a PE ratio of 28.03, a price-to-earnings-growth ratio of 1.49 and a beta of 1.40. The company’s 50-day moving average price is $215.66 and its two-hundred day moving average price is $224.87.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). The business had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. During the same quarter last year, the business posted $1.86 EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Key Stories Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

Amazon.com Company Profile

(Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

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

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