Trust Co. of Oklahoma Purchases 2,811 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Trust Co. of Oklahoma lifted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 12.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,685 shares of the e-commerce giant’s stock after buying an additional 2,811 shares during the period. Amazon.com comprises 1.6% of Trust Co. of Oklahoma’s portfolio, making the stock its 15th largest holding. Trust Co. of Oklahoma’s holdings in Amazon.com were worth $4,786,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. raised its position in Amazon.com by 31.6% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 182,359 shares of the e-commerce giant’s stock worth $32,894,000 after buying an additional 43,759 shares during the last quarter. Investment Advisory Group LLC grew its stake in shares of Amazon.com by 2.0% in the first quarter. Investment Advisory Group LLC now owns 22,789 shares of the e-commerce giant’s stock worth $4,111,000 after acquiring an additional 439 shares during the period. Independent Family Office LLC purchased a new position in shares of Amazon.com during the first quarter valued at approximately $209,000. M3 Advisory Group LLC lifted its position in Amazon.com by 31.2% during the first quarter. M3 Advisory Group LLC now owns 8,644 shares of the e-commerce giant’s stock valued at $1,559,000 after purchasing an additional 2,058 shares during the period. Finally, Madison Wealth Partners Inc lifted its position in Amazon.com by 0.9% during the first quarter. Madison Wealth Partners Inc now owns 17,665 shares of the e-commerce giant’s stock valued at $3,186,000 after purchasing an additional 153 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,791 shares of Amazon.com stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total transaction of $686,322.64. Following the completion of the transaction, the vice president now directly owns 121,461 shares of the company’s stock, valued at $21,989,299.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, VP Shelley Reynolds sold 3,791 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $181.04, for a total value of $686,322.64. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction dated 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. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,053,349 shares of company stock worth $1,256,503,289. Company insiders own 10.80% of the company’s stock.

Amazon.com Price Performance

AMZN stock opened at $208.91 on Wednesday. Amazon.com, Inc. has a 52 week low of $139.52 and a 52 week high of $212.25. The firm has a market capitalization of $2.20 trillion, a P/E ratio of 44.73, a price-to-earnings-growth ratio of 1.40 and a beta of 1.14. The company has a fifty day simple moving average of $188.40 and a two-hundred day simple moving average of $184.95. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. During the same quarter last year, the firm earned $0.85 EPS. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Analysts anticipate that Amazon.com, Inc. will post 5.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of research reports. Rosenblatt Securities boosted their target price on shares of Amazon.com from $221.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Evercore ISI upped their price objective on Amazon.com from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. UBS Group raised their target price on Amazon.com from $220.00 to $223.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Bank of America upped their price target on shares of Amazon.com from $210.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Sanford C. Bernstein raised their price objective on shares of Amazon.com from $225.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.55.

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.