Amazon.com, Inc. (NASDAQ:AMZN) shares bought by First National Bank & Trust Co. of Newtown

First National Bank & Trust Co. of Newtown increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.4% in the 1st quarter, according to its latest 13F filing with the Securities and Exchange Commission (SEC). The fund held 5,161 shares of the e-commerce giant after purchasing an additional 71 shares during the period. First National Bank & Trust Co. of Newtown’s stake in Amazon.com was worth $931,000 at the end of the last reporting period.

Other hedge funds also recently changed their positions in the company. Collective Family Office LLC increased its position in shares of Amazon.com by 9.7% in the first quarter. Collective Family Office LLC now owns 9,278 shares of the e-commerce giant’s stock worth $1,674,000 after acquiring an additional 819 shares in the last quarter. Members Trust Co increased its position in shares of Amazon.com by 8.9% in the fourth quarter. Members Trust Co now owns 4,157 shares of the e-commerce giant’s stock worth $638,000 after acquiring an additional 341 shares in the last quarter. Cherrydale Wealth Management LLC increased its position in shares of Amazon.com by 14.7% in the fourth quarter. Cherrydale Wealth Management LLC now owns 5,260 shares of the e-commerce giant’s stock worth $799,000 after acquiring an additional 675 shares in the last quarter. Tompkins Financial Corp increased its position in shares of Amazon.com by 3.3% in the fourth quarter. Tompkins Financial Corp now owns 71,576 shares of the e-commerce giant’s stock worth $10,875,000 after acquiring an additional 2,273 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in shares of Amazon.com by 5.4% in the fourth quarter. Nordea Investment Management AB now owns 5,397,520 shares of the e-commerce giant’s stock worth $825,065,000 after acquiring an additional 277,631 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com revenue growth of 1.2%

AMZN stock opened at $200.00 on Monday. Amazon.com, Inc. has a yearly low of $118.35 and a yearly high of $200.55. The company’s 50 day simple moving average is $185.99 and its 200-day simple moving average is $174.94. The company has a market capitalization of $2.08 trillion, a P/E ratio of 56.02, a price-to-earnings-growth ratio of 1.43 and a beta of 1.15. The company has a current ratio of 1.07, a current ratio of 0.87 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly financial results on Tuesday, April 30. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.15. The company had revenue of $143.31 billion for the quarter, compared to analyst estimates 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 for the quarter was up 12.5% ​​year-over-year. During the same quarter last year, the company posted $0.31 EPS. Sell-side analysts are predicting that Amazon.com, Inc. will post 4.72 EPS for the current year.

Insider Buying and Selling on Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 18. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the sale, the CEO now owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The sale was disclosed in legal documents filed with the Securities & Exchange Commission, which can be accessed at this link . In other news, CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Wednesday, May 1. The shares were sold at an average price of $180.29, for a total value of $631,015.00. Following the sale, the CEO now owns 509,358 shares of the company’s stock, valued at approximately $91,832,153.82. The transaction was disclosed in legal documents filed with the SEC, which can be accessed through the SEC website. Additionally, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, April 18. The shares were sold at an average price of $181.38, for a total transaction value of $90,690.00. Following the completion of the sale, the CEO now directly owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. Disclosure of this sale can be found here. Insiders have sold 1,532,985 shares of the company’s stock valued at $305,578,679 over the last 90 days. Insiders currently own 10.80% of the stock.

Wall Street analysts assess

Several brokerages have recently commented on AMZN. JMP Securities reaffirmed a “market outperform” rating and set a $225.00 price target on shares of Amazon.com in a research report on Wednesday, May 1. Moffett Nathanson reaffirmed a “buy” rating and set a $228.00 price target on shares of Amazon.com in a research report on Thursday, April 11. Morgan Stanley raised their price target on shares of Amazon.com from $215.00 to $220.00 and gave the company an “overweight” rating in a research report on Wednesday, May 1. Wedbush reaffirmed an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a research report on Wednesday, May 1. Finally, UBS Group raised their price objective on shares of Amazon.com from $215.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday, May 1. One equities research analyst rated the stock a “hold,” forty-three gave a buy rating, and one gave the company a strong buy rating. According to MarketBeat.com, Amazon.com has a consensus rating of “Buy” and an average price target of $215.86.

Check out our latest report on Amazon.com

Amazon.com Profile

(Free report)

Amazon.com, Inc. is a consumer products retailer, advertising, and subscription service through online and physical stores in North America and internationally. The company operates in three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TV, Echo, Ring, Blink, and eero; and develops and produces multimedia content.

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