First Financial Corp IN Increases Stake in Amazon.com, Inc. (NASDAQ:AMZN)

First Financial Corp IN raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 69.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,599 shares of the e-commerce giant's stock after acquiring an additional 3,933 shares during the quarter. Amazon.com comprises 0.9% of First Financial Corp IN's investment portfolio, making the stock its 23rd biggest holding. First Financial Corp IN's holdings in Amazon.com were worth $1,826,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AMZN. Cable Hill Partners LLC boosted its holdings in Amazon.com by 0.5% in the 4th quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant's stock worth $2,104,000 after buying an additional 44 shares during the period. Quattro Financial Advisors LLC boosted its holdings in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after buying an additional 45 shares during the period. Northern Capital Management Inc. boosted its holdings in Amazon.com by 0.6% in the 4th quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant's stock worth $1,613,000 after buying an additional 45 shares during the period. White Wing Wealth Management boosted its holdings in Amazon.com by 2.4% in the 4th quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant's stock worth $433,000 after buying an additional 47 shares during the period. Finally, Balanced Wealth Group LLC boosted its holdings in Amazon.com by 1.6% in the 4th quarter. Balanced Wealth Group LLC now owns 2,966 shares of the e-commerce giant's stock worth $705,000 after buying an additional 48 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 0.5%

NASDAQ:AMZN traded down $1.14 during mid-day trading on Friday, hitting $212.10. 29,295,190 shares of the company's stock were exchanged, compared to its average volume of 42,179,363. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The business has a fifty day moving average price of $195.47 and a 200 day moving average price of $209.18. The company has a market cap of $2.25 trillion, a PE ratio of 38.35, a P/E/G ratio of 1.50 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping the consensus estimate of $1.38 by $0.21. The business had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Amazon.com's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Transactions at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total transaction of $4,000,233.60. Following the completion of the transaction, the chief executive officer now directly owns 2,148,694 shares of the company's stock, valued at $432,532,102.20. The trade was a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares of the company's stock, valued at $95,776,017.26. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 102,037 shares of company stock worth $20,531,075. Corporate insiders own 9.70% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on AMZN shares. Rosenblatt Securities raised their price objective on shares of Amazon.com from $287.00 to $288.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Bank of America raised their price target on shares of Amazon.com from $230.00 to $248.00 and gave the company a "buy" rating in a report on Monday, June 2nd. UBS Group restated a "buy" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Jefferies Financial Group lowered their price objective on shares of Amazon.com from $250.00 to $240.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, Morgan Stanley lowered their price objective on shares of Amazon.com from $280.00 to $245.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Four research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $244.89.

Amazon.com Company Profile

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.