Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by First PREMIER Bank

First PREMIER Bank lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,138 shares of the e-commerce giant’s stock after buying an additional 738 shares during the period. First PREMIER Bank’s holdings in Amazon.com were worth $2,821,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AMZN. Chapin Davis Inc. grew its position in shares of Amazon.com by 0.9% during the 1st quarter. Chapin Davis Inc. now owns 33,379 shares of the e-commerce giant’s stock valued at $6,021,000 after buying an additional 289 shares during the last quarter. Mirador Capital Partners LP grew its position in shares of Amazon.com by 2.8% during the 1st quarter. Mirador Capital Partners LP now owns 94,941 shares of the e-commerce giant’s stock valued at $17,125,000 after buying an additional 2,600 shares during the last quarter. Aviance Capital Partners LLC grew its position in shares of Amazon.com by 194.2% during the 1st quarter. Aviance Capital Partners LLC now owns 122,251 shares of the e-commerce giant’s stock valued at $22,052,000 after buying an additional 80,701 shares during the last quarter. Caerus Investment Advisors LLC grew its position in Amazon.com by 5.2% in the 1st quarter. Caerus Investment Advisors LLC now owns 4,856 shares of the e-commerce giant’s stock worth $876,000 after purchasing an additional 239 shares during the last quarter. Finally, Diversified Trust Co grew its position in Amazon.com by 10.3% in the 1st quarter. Diversified Trust Co now owns 239,052 shares of the e-commerce giant’s stock worth $43,120,000 after purchasing an additional 22,302 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,791 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total value of $686,322.64. Following the transaction, the vice president now owns 121,461 shares in the company, valued at approximately $21,989,299.44. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the transaction, the chief executive officer now owns 2,056,534 shares in the company, valued at $371,759,651.18. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 3,791 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total transaction of $686,322.64. Following the transaction, the vice president now owns 121,461 shares in the company, valued at approximately $21,989,299.44. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 55,859 shares of company stock worth $10,215,097. 10.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on AMZN shares. Sanford C. Bernstein upped their target price on shares of Amazon.com from $225.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Loop Capital upped their target price on shares of Amazon.com from $750.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. JMP Securities upped their target price on shares of Amazon.com from $265.00 to $285.00 and gave the stock a “market outperform” rating in a research report on Friday, November 1st. Needham & Company LLC restated a “buy” rating and issued a $210.00 target price on shares of Amazon.com in a research report on Friday, November 1st. Finally, BMO Capital Markets restated an “outperform” rating and issued a $236.00 target price (up previously from $230.00) on shares of Amazon.com in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $246.48.

Amazon.com Stock Up 1.9 %

Amazon.com stock opened at $199.50 on Wednesday. The firm has a market cap of $2.09 trillion, a PE ratio of 42.72, a P/E/G ratio of 1.46 and a beta of 1.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09. The firm’s 50 day moving average price is $185.75 and its two-hundred day moving average price is $184.07. Amazon.com, Inc. has a twelve month low of $138.36 and a twelve month high of $201.20.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.85 EPS. On average, research analysts predict that Amazon.com, Inc. will post 4.98 EPS for the current fiscal year.

Amazon.com 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.