Amazon.com, Inc. (NASDAQ:AMZN) is Community Bank & Trust Waco Texas' 8th Largest Position

Community Bank & Trust Waco Texas reduced its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 13.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,400 shares of the e-commerce giant's stock after selling 7,666 shares during the quarter. Amazon.com accounts for about 2.1% of Community Bank & Trust Waco Texas' holdings, making the stock its 8th biggest holding. Community Bank & Trust Waco Texas' holdings in Amazon.com were worth $7,658,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. increased its stake in shares of Amazon.com by 0.3% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 2,278,591 shares of the e-commerce giant's stock valued at $289,655,000 after buying an additional 7,568 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in shares of Amazon.com by 9.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 7,064,495 shares of the e-commerce giant's stock valued at $898,039,000 after buying an additional 599,420 shares during the period. Xponance Inc. increased its stake in shares of Amazon.com by 1.7% in the third quarter. Xponance Inc. now owns 2,105,321 shares of the e-commerce giant's stock valued at $267,628,000 after buying an additional 36,042 shares during the period. Sustainable Insight Capital Management LLC increased its stake in shares of Amazon.com by 3.3% in the third quarter. Sustainable Insight Capital Management LLC now owns 6,251 shares of the e-commerce giant's stock valued at $795,000 after buying an additional 200 shares during the period. Finally, RHS Financial LLC increased its stake in shares of Amazon.com by 77.7% in the third quarter. RHS Financial LLC now owns 6,880 shares of the e-commerce giant's stock valued at $875,000 after buying an additional 3,009 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on AMZN. Oppenheimer increased their price target on Amazon.com from $210.00 to $220.00 and gave the company an "outperform" rating in a research note on Wednesday, May 1st. Deutsche Bank Aktiengesellschaft raised their target price on Amazon.com from $175.00 to $200.00 and gave the stock a "buy" rating in a research note on Friday, February 2nd. Barclays raised their target price on Amazon.com from $220.00 to $230.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 1st. DA Davidson reaffirmed a "buy" rating and set a $235.00 target price on shares of Amazon.com in a research note on Thursday, April 18th. Finally, JPMorgan Chase & Co. raised their target price on Amazon.com from $225.00 to $240.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 1st. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $211.62.

Amazon.com Stock Performance

Shares of NASDAQ AMZN traded up $0.50 during trading on Tuesday, reaching $187.07. 38,586,204 shares of the stock traded hands, compared to its average volume of 43,467,406. The company has a 50-day moving average of $180.52 and a 200-day moving average of $163.43. Amazon.com, Inc. has a 52-week low of $109.25 and a 52-week high of $191.70. The stock has a market capitalization of $1.95 trillion, a P/E ratio of 51.96, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, beating the consensus estimate of $0.83 by $0.15. The business had revenue of $143.31 billion for the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company's revenue was up 12.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.31 earnings per share. Analysts forecast that Amazon.com, Inc. will post 4.67 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 5,264 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $190.00, for a total value of $1,000,160.00. Following the sale, the director now directly owns 104,400 shares in the company, valued at approximately $19,836,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the business's stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the transaction, the vice president now owns 119,780 shares of the company's stock, valued at approximately $20,239,226.60. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jonathan Rubinstein sold 5,264 shares of the business's stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $190.00, for a total transaction of $1,000,160.00. Following the completion of the sale, the director now owns 104,400 shares of the company's stock, valued at $19,836,000. The disclosure for this sale can be found here. Insiders sold 14,180,094 shares of company stock valued at $2,399,652,430 in the last quarter. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com 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.