Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by Private Trust Co. NA

Private Trust Co. NA boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,477 shares of the e-commerce giant’s stock after purchasing an additional 707 shares during the period. Amazon.com accounts for about 1.5% of Private Trust Co. NA’s investment portfolio, making the stock its 4th biggest holding. Private Trust Co. NA’s holdings in Amazon.com were worth $12,835,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AMZN. Fiduciary Planning LLC grew its position in Amazon.com by 1.5% during the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock worth $1,138,000 after buying an additional 5 shares in the last quarter. HBC Financial Services PLLC grew its position in Amazon.com by 0.8% during the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock worth $1,717,000 after buying an additional 5 shares in the last quarter. Meridian Investment Counsel Inc. grew its position in Amazon.com by 3.4% during the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock worth $492,000 after buying an additional 5 shares in the last quarter. Alterna Wealth Management Inc. grew its position in Amazon.com by 1.8% during the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after buying an additional 5 shares in the last quarter. Finally, Archetype Wealth Partners grew its position in Amazon.com by 3.7% during the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after buying an additional 6 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the transaction, the chief executive officer now owns 116,560 shares in the company, valued at approximately $18,150,723.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $180.73, for a total transaction of $632,555.00. Following the completion of the transaction, the chief executive officer now owns 512,858 shares in the company, valued at approximately $92,688,826.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The disclosure for this sale can be found here. Insiders sold 32,213,510 shares of company stock valued at $5,505,798,456 in the last three months. Corporate insiders own 12.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. BMO Capital Markets began coverage on Amazon.com in a research report on Tuesday, January 9th. They set an “outperform” rating and a $200.00 price target on the stock. Wedbush reaffirmed an “outperform” rating and issued a $220.00 target price on shares of Amazon.com in a report on Wednesday, April 10th. UBS Group raised their target price on Amazon.com from $180.00 to $198.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Barclays raised their target price on Amazon.com from $190.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. Finally, The Goldman Sachs Group raised their target price on Amazon.com from $200.00 to $220.00 and gave the company a “buy” rating in a report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $202.80.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $174.63 on Friday. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77. The firm has a market capitalization of $1.82 trillion, a price-to-earnings ratio of 60.22, a PEG ratio of 1.57 and a beta of 1.16. The business has a 50-day simple moving average of $177.28 and a 200 day simple moving average of $156.83. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. During the same period in the previous year, the company posted $0.21 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. On average, research analysts anticipate that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

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.