Missouri Trust & Investment Co Sells 194 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Missouri Trust & Investment Co lowered its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,840 shares of the e-commerce giant’s stock after selling 194 shares during the quarter. Amazon.com makes up about 1.6% of Missouri Trust & Investment Co’s holdings, making the stock its 9th largest holding. Missouri Trust & Investment Co’s holdings in Amazon.com were worth $4,572,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hoese & Co LLP purchased a new position in Amazon.com in the 3rd quarter valued at $37,000. Bull Oak Capital LLC purchased a new position in shares of Amazon.com in the third quarter worth about $45,000. Values First Advisors Inc. purchased a new position in shares of Amazon.com in the third quarter worth about $56,000. IFS Advisors LLC boosted its position in Amazon.com by 1,625.0% during the fourth quarter. IFS Advisors LLC now owns 345 shares of the e-commerce giant’s stock worth $76,000 after acquiring an additional 325 shares during the last quarter. Finally, West Financial Advisors LLC purchased a new stake in Amazon.com during the 4th quarter valued at about $88,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 4.1 %

Shares of Amazon.com stock opened at $229.15 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The company has a fifty day simple moving average of $226.51 and a 200-day simple moving average of $200.30. The stock has a market cap of $2.41 trillion, a price-to-earnings ratio of 49.07, a PEG ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52.

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 8.04% and a return on equity of 22.41%. On average, equities analysts forecast that Amazon.com, Inc. will post 5.3 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $210.00, for a total transaction of $735,000.00. Following the completion of the sale, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. This represents a 0.66 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction on Monday, December 9th. The shares were sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now owns 88,203 shares in the company, valued at approximately $20,273,459.55. This represents a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,026,212 shares of company stock worth $625,666,424 in the last quarter. 10.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AMZN has been the topic of several recent research reports. Telsey Advisory Group restated an “outperform” rating and set a $275.00 target price on shares of Amazon.com in a report on Friday. Canaccord Genuity Group upped their target price on Amazon.com from $265.00 to $280.00 and gave the company a “buy” rating in a report on Friday. Royal Bank of Canada lifted their price target on Amazon.com from $255.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday. Roth Mkm upped their price objective on shares of Amazon.com from $220.00 to $250.00 and gave the company a “buy” rating in a report on Monday, December 9th. Finally, Tigress Financial lifted their target price on shares of Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a research note on Friday, December 20th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $260.20.

About Amazon.com

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.