Amazon.com, Inc. (NASDAQ:AMZN) is Citizens National Bank Trust Department’s 5th Largest Position

Citizens National Bank Trust Department lifted its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,741 shares of the e-commerce giant’s stock after purchasing an additional 79 shares during the period. Amazon.com comprises about 3.0% of Citizens National Bank Trust Department’s portfolio, making the stock its 5th largest holding. Citizens National Bank Trust Department’s holdings in Amazon.com were worth $14,204,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Accordant Advisory Group Inc boosted its holdings in Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after buying an additional 100 shares during the last quarter. Icon Wealth Advisors LLC boosted its holdings in Amazon.com by 20.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after buying an additional 25,581 shares during the last quarter. Bull Oak Capital LLC acquired a new stake in Amazon.com in the 3rd quarter worth about $45,000. Quattro Financial Advisors LLC boosted its holdings in Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 45 shares during the last quarter. Finally, Values First Advisors Inc. acquired a new stake in Amazon.com in the 3rd quarter worth about $56,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the sale, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. This represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $26,647,456.60. This trade represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 102,298 shares of company stock worth $22,871,828 over the last 90 days. Corporate insiders own 10.80% of the company’s stock.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent research reports. Citigroup restated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Canaccord Genuity Group restated a “buy” rating on shares of Amazon.com in a report on Thursday, February 13th. Mizuho boosted their target price on Amazon.com from $240.00 to $260.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Maxim Group boosted their target price on Amazon.com from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, TD Cowen boosted their target price on Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $260.65.

Amazon.com Stock Performance

NASDAQ AMZN opened at $196.21 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The company has a market capitalization of $2.08 trillion, a PE ratio of 35.48, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a fifty day moving average of $218.90 and a two-hundred day moving average of $207.97.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

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.