Community Bank & Trust Waco Texas raised its holdings in shares of Amazon.com Inc. (NASDAQ:AMZN) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund now owns 53,226 shares of the e-commerce giant’s stock after purchasing an additional 977 shares during the quarter. Amazon.com makes up about 2.2% of Community Bank & Trust Waco Texas’ portfolio, making it the 10th largest stock. Community Bank & Trust Waco Texas’ holdings in Amazon.com were valued at $9.918 million as of its latest SEC filing.
A number of other institutional investors and hedge funds have also modified their positions in AMZN. Haverford Trust Company raised its position in Amazon.com by 4.6% in the 3rd quarter. Haverford Trust Company now owns 77,446 shares of the e-commerce giant’s stock valued at $14,431,000 after purchasing an additional 3,429 shares during the period. Empower Advisory Group LLC increased its position in shares of Amazon.com by 4.7% during the 3rd quarter. Empower Advisory Group LLC now owns 1,535,895 shares of the e-commerce giant’s stock valued at $286,183,000 after purchasing an additional 68,869 shares in the last quarter. Live Oak Investment Partners increased its position in shares of Amazon.com by 6.6% in the 3rd quarter. Live Oak Investment Partners now owns 11,355 shares of the e-commerce giant’s stock valued at $2,116,000 after purchasing an additional 702 shares in the last quarter. Dillon & Associates Inc. increased its holdings in shares of Amazon.com by 6.9% in the 3rd quarter. Dillon & Associates Inc. now owns 86,185 shares of the e-commerce giant’s stock worth $16.03 million after purchasing an additional 5,559 shares during the period. Finally, RPG Investment Advisory LLC grew its position on Amazon.com by 2.8% in the 3rd quarter. RPG Investment Advisory LLC now owns 100,991 shares of the e-commerce giant’s stock valued at $18,818,000 after purchasing an additional 2,745 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Insider buying and selling on Amazon.com
In other news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $210.00, for a total value of $735,000. Following the transaction, the CEO now directly owns 524,567 shares of the company’s stock, valued at approximately $110,159,070. This means that the share ownership will decrease by 0.66%. The sale was disclosed in documents filed with the Securities and Exchange Commission, which can be accessed on the SEC’s website. Also, Director Jonathan Rubinstein sold 5,004 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $199.85, for a total value of $1,000,049.40. Following the completion of the transaction, the director will now own 99,396 shares of the company’s stock, valued at approximately $19,864,290.60. This transaction reduced their share ownership by 4.79%. Disclosures regarding this sale can be found here. Insiders sold 6,032,344 shares of company stock valued at $1,253,456,822 in the last quarter. 10.80% of the stock is owned by company insiders.
Amazon.com trading rose 0.1%
NASDAQ:AMZN stock opened at $225.06 on Tuesday. The company’s 50 day moving average is $205.83 and its 200 day moving average is $191.46. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09, and a quick ratio of 0.87. Amazon.com’s 1-year low is $144.05 and 1-year high is $233.00. The company has a market capitalization of $2.37 trillion, a P/E ratio of 48.19x, a P/E ratio of 1.54x, and a beta of 1.16x.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. The company had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a net profit margin of 8.04% and a return on equity of 22.41%. The company’s revenue for the quarter increased 11.0% compared to the same period last year. The company’s earnings per share for the same period last year were $0.85. On average, research analysts expect Amazon.com to report earnings per share of $5.29 for the current fiscal year.
Wall Street analysts predict growth
A number of research analysts have their opinions on AMZN stock. Cantor Fitzgerald reiterated an “overweight” rating and set a $230.00 target price on shares of Amazon.com in a research report on Monday, October 7th. Royal Bank of Canada increased their target price on shares of Amazon.com from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Wells Fargo & Company reissued an “equal weight” rating and set a $197.00 price objective on shares of Amazon.com in a research report on Wednesday, November 20th. Morgan Stanley increased their target price on Amazon.com from $210.00 to $230.00 and gave the company an “overweight” rating in a research report on Monday, November 4th. Finally, Rosenblatt Securities raised their price target on Amazon.com from $221.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, November 1st. 2 analysts have rated the stock with a hold rating, 41 have rated it a buy, and 1 has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $243.00.
Get the latest stock analysis on Amazon.com
Amazon.co.jp Profile
(Free report)
Amazon.com, Inc provides retail sales, advertising and subscription services for consumer products through online and brick-and-mortar stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). The company also manufactures and sells electronic devices such as the Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero. We develop and produce media content.
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