Pioneer Trust Bank NA OR increases its position in Amazon.com, Inc. (NASDAQ:AMZN)

Pioneer Trust Bank NA OR increased its holdings in Amazon.com, Inc. stock, according to the latest Form 13F filed with the SEC. (NASDAQ:AMZN – Free Report) up 2.8% in the fourth quarter. The company owned 45,000 shares of the e-commerce giant after purchasing an additional 1,210 shares during the quarter. Amazon.com represents approximately 2.0% of Pioneer Trust Bank NA OR’s portfolio, making it the 20th largest stock. At the end of the last reporting period, Pioneer Trust Bank NA OR’s stake in Amazon.com was worth $6,837,000.

A number of other institutional investors and hedge funds have also recently increased or decreased their stakes in the business. Clearwater Capital Advisors LLC increased its holdings in Amazon.com by 6.5% during the fourth quarter. Clearwater Capital Advisors LLC now owns 8,067 shares of the e-commerce giant’s stock valued at $1,226,000 after acquiring an additional 495 shares during the period. National Pension Service increased its holdings in Amazon.com by 1.9% during the fourth quarter. National Pension Service now owns 14,050,284 shares of the e-commerce giant’s stock valued at $2,134,800,000 after acquiring an additional 263,238 shares during the period. Moser Wealth Advisors LLC increased its holdings in Amazon.com by 7.7% during the fourth quarter. Moser Wealth Advisors LLC now owns 67,867 shares of the e-commerce giant’s stock valued at $10,312,000 after acquiring an additional 4,860 shares during the period. Valtinson Bruner Financial Planning LLC increased its holdings in Amazon.com by 2.7% during the fourth quarter. Valtinson Bruner Financial Planning LLC now owns 4,518 shares of the e-commerce giant’s stock valued at $686,000 after acquiring an additional 120 shares during the period. Finally, Meridian Wealth Advisors LLC increased its holdings in Amazon.com by 1.7% during the fourth quarter. Meridian Wealth Advisors LLC now owns 67,104 shares of the e-commerce giant’s stock valued at $10,196,000 after acquiring an additional 1,101 shares during the period. Hedge funds and other institutional investors hold 72.20% of the company’s shares.

Amazon.com Confidential Transactions

In other news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction amount of $90,000.00. Following the sale, the CEO now directly owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The sale was disclosed in a document filed with the Securities and Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $180.00, for a total transaction amount of $90,000.00. Following the sale, the CEO now owns 132,600 shares of the company’s stock, valued at approximately $23,868,000. The transaction was disclosed in a document filed with the Securities and Exchange Commission, available at this link. Also, CEO Andrew R. Jassy sold 50,000 shares of the company’s stock on Monday, March 4th in a transaction. The shares were sold at an average price of $180.00, for a total value of $9,000,000.00. Following the sale, the CEO now owns 1,994,182 shares of the company’s stock, valued at approximately $358,952,760. The announcement of this sale can be found here. Over the last ninety days, insiders have sold 117,894 shares of company stock worth $21,363,909. Corporate insiders own 10.80% of the company’s shares.

Changes in analyst ratings

Many stock analysts have published reports on the company. DA Davidson maintained a “buy” rating on the stock and set a $235.00 price target on shares of Amazon.com in a report on Thursday, April 18th. Wedbush maintained an “outperform” rating and set a $225.00 price target on shares of Amazon.com in a report on Wednesday, May 1st. Barclays increased their price target on Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Wells Fargo & Company increased their price target on Amazon.com from $217.00 to $234.00 and gave the stock an “overperform” rating in a report on Wednesday, May 1st. Finally, Moffett Nathanson maintained a “buy” rating on the stock and set a $228.00 price target on shares of Amazon.com in a report on Thursday, April 11th. One analyst has rated the stock with a hold rating, forty-four have rated the stock with a buy rating and one has given the stock a strong buy rating. According to MarketBeat.com, the company’s consensus rating is “Buy” and the average price target is $211.62.

Download our latest research report on Amazon.com

Amazon.com sales decreased by 0.1%

AMZN shares opened at $182.02 on Thursday. Amazon.com, Inc. it has a 1-year low of $118.35 and a 1-year high of $191.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87. The company has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 50.99, a PEG ratio of 1.29 and a beta of 1.15. The company has a 50-day simple moving average of $182.37 and a two-hundred-day simple moving average of $167.05.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share (EPS) for the quarter, which topped the consensus estimate of $0.83 by $0.15. The company’s revenue for the quarter was $143.31 billion, compared to analyst expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The company’s revenue for the quarter increased by 12.5% ​​year-over-year. During the same period last year, the company earned $0.31 EPS. Analysts predict that Amazon.com, Inc. will report 4.72 EPS for the current financial year.

Amazon.com company profile

(free report)

Amazon.com, Inc. retails consumer products, advertising and subscription services through online and physical stores in North America and abroad. 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 media content.

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