Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by First Financial Bank Trust Division

First Financial Bank Trust Division grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 126.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,877 shares of the e-commerce giant’s stock after purchasing an additional 25,644 shares during the quarter. Amazon.com makes up about 0.9% of First Financial Bank Trust Division’s portfolio, making the stock its 27th biggest holding. First Financial Bank Trust Division’s holdings in Amazon.com were worth $10,065,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Helios Capital Management PTE. Ltd. increased its stake in shares of Amazon.com by 15.1% in the 2nd quarter. Helios Capital Management PTE. Ltd. now owns 40,500 shares of the e-commerce giant’s stock worth $7,827,000 after acquiring an additional 5,300 shares during the last quarter. Avion Wealth grew its stake in shares of Amazon.com by 22.2% in the 2nd quarter. Avion Wealth now owns 5,544 shares of the e-commerce giant’s stock valued at $1,071,000 after buying an additional 1,007 shares during the period. Durante & Waters LLC increased its holdings in shares of Amazon.com by 2.6% during the 2nd quarter. Durante & Waters LLC now owns 7,051 shares of the e-commerce giant’s stock worth $1,363,000 after buying an additional 180 shares during the last quarter. 1900 Wealth Management LLC lifted its holdings in Amazon.com by 0.5% in the second quarter. 1900 Wealth Management LLC now owns 21,982 shares of the e-commerce giant’s stock valued at $4,248,000 after acquiring an additional 101 shares during the last quarter. Finally, Ballast Advisors LLC grew its position in Amazon.com by 1.0% in the second quarter. Ballast Advisors LLC now owns 20,681 shares of the e-commerce giant’s stock worth $3,997,000 after acquiring an additional 197 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Up 2.4 %

NASDAQ AMZN opened at $225.94 on Friday. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $233.00. The firm has a market cap of $2.38 trillion, a PE ratio of 48.38, a P/E/G ratio of 1.22 and a beta of 1.14. The firm’s fifty day moving average is $217.91 and its two-hundred day moving average is $196.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating the consensus estimate of $1.14 by $0.29. The firm had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 EPS. Analysts expect that Amazon.com, Inc. will post 5.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on AMZN shares. BMO Capital Markets reiterated an “outperform” rating and set a $236.00 price target on shares of Amazon.com in a report on Tuesday, December 3rd. Benchmark upped their price objective on shares of Amazon.com from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Redburn Atlantic boosted their target price on Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Monness Crespi & Hardt lifted their price objective on Amazon.com from $225.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Maxim Group raised their target price on Amazon.com from $251.00 to $260.00 and gave the company a “buy” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $245.65.

Insider Activity at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 2,996,362 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the transaction, the insider now owns 917,416,976 shares in the company, valued at approximately $191,602,535,437.60. The trade was a 0.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jonathan Rubinstein sold 4,766 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $209.85, for a total value of $1,000,145.10. Following the completion of the sale, the director now directly owns 94,630 shares of the company’s stock, valued at $19,858,105.50. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 6,032,344 shares of company stock worth $1,253,456,822 in the last three months. Insiders own 10.80% of the company’s stock.

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.