Trust Co. of Oklahoma boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,945 shares of the e-commerce giant's stock after buying an additional 1,284 shares during the period. Amazon.com makes up about 1.8% of Trust Co. of Oklahoma's portfolio, making the stock its 13th largest position. Trust Co. of Oklahoma's holdings in Amazon.com were worth $5,127,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Amazon.com by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock valued at $180,637,081,000 after buying an additional 17,635,391 shares during the last quarter. FMR LLC grew its stake in shares of Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after acquiring an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Amazon.com by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock worth $44,837,256,000 after acquiring an additional 5,015,380 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Amazon.com by 2.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock valued at $40,107,544,000 after purchasing an additional 4,087,933 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Amazon.com during the fourth quarter valued at about $27,266,582,000. 72.20% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other news, Director Keith Brian Alexander sold 1,000 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the completion of the sale, the director now directly owns 5,465 shares in the company, valued at $1,151,366.20. This represents a 15.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the transaction, the chief executive officer now directly owns 509,474 shares in the company, valued at approximately $95,776,017.26. This represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 102,037 shares of company stock valued at $20,531,075. Insiders own 9.70% of the company's stock.
Amazon.com Stock Up 2.8%
Amazon.com stock traded up $6.18 during mid-day trading on Friday, hitting $223.30. The company had a trading volume of 118,355,841 shares, compared to its average volume of 42,286,835. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The stock's 50 day moving average price is $201.25 and its two-hundred day moving average price is $209.02. The company has a market capitalization of $2.37 trillion, a PE ratio of 36.37, a price-to-earnings-growth ratio of 1.60 and a beta of 1.33. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17.
Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. The company had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The firm's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 earnings per share. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have commented on the stock. Bank of America lifted their target price on shares of Amazon.com from $230.00 to $248.00 and gave the stock a "buy" rating in a research report on Monday, June 2nd. Cantor Fitzgerald lifted their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. Stifel Nicolaus cut their price objective on Amazon.com from $248.00 to $245.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Tigress Financial raised their target price on Amazon.com from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, May 6th. Finally, Piper Sandler reissued an "overweight" rating and issued a $212.00 price target (down from $215.00) on shares of Amazon.com in a report on Friday, May 2nd. Four research analysts have rated the stock with a hold rating and forty-five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $245.81.
View Our Latest Stock Analysis on Amazon.com
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.
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