Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Field & Main Bank

Field & Main Bank boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,360 shares of the e-commerce giant’s stock after purchasing an additional 269 shares during the quarter. Amazon.com accounts for about 2.1% of Field & Main Bank’s portfolio, making the stock its 8th largest holding. Field & Main Bank’s holdings in Amazon.com were worth $5,069,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. PayPay Securities Corp increased its holdings in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its holdings in Amazon.com by 45.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 86 shares during the period. Strid Group LLC bought a new position in Amazon.com in the 4th quarter valued at about $43,000. Harbor Investment Advisory LLC increased its holdings in Amazon.com by 0.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 1,988 shares during the period. Finally, Authentikos Wealth Advisory LLC bought a new position in Amazon.com in the 3rd quarter valued at about $49,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $183.15 on Wednesday. Amazon.com, Inc. has a 12 month low of $113.78 and a 12 month high of $191.70. The firm has a market capitalization of $1.91 trillion, a P/E ratio of 51.30, a price-to-earnings-growth ratio of 1.34 and a beta of 1.15. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The firm has a 50 day moving average of $181.73 and a 200-day moving average of $165.54.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.15. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The business had revenue of $143.31 billion during the quarter, compared to analyst estimates of $142.65 billion. During the same period in the previous year, the business posted $0.31 earnings per share. Amazon.com’s revenue for the quarter was up 12.5% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, Director Jonathan Rubinstein sold 5,556 shares of Amazon.com stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,000,080.00. Following the transaction, the director now directly owns 109,664 shares of the company’s stock, valued at $19,739,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Amazon.com news, CEO Andrew R. Jassy sold 50,000 shares of Amazon.com stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $180.00, for a total transaction of $9,000,000.00. Following the transaction, the chief executive officer now directly owns 1,994,182 shares of the company’s stock, valued at $358,952,760. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan Rubinstein sold 5,556 shares of Amazon.com stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,000,080.00. Following the transaction, the director now directly owns 109,664 shares in the company, valued at $19,739,520. The disclosure for this sale can be found here. Insiders sold a total of 70,320 shares of company stock worth $12,722,720 over the last three months. 10.80% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on AMZN. Raymond James lifted their price target on shares of Amazon.com from $200.00 to $205.00 and gave the company a “strong-buy” rating in a report on Wednesday, May 1st. Rosenblatt Securities reaffirmed a “buy” rating and set a $220.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Monness Crespi & Hardt lifted their price target on shares of Amazon.com from $215.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Benchmark reaffirmed a “buy” rating and set a $200.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Finally, Royal Bank of Canada lifted their price target on shares of Amazon.com from $180.00 to $215.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and an average price target of $211.62.

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.