First National Trust Co. Boosts Holdings in Amazon.com, Inc. (AMZN)

First National Trust Co. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,265 shares of the e-commerce giant’s stock after buying an additional 341 shares during the period. First National Trust Co.’s holdings in Amazon.com were worth $5,097,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AMZN. Harbour Capital Advisors LLC grew its position in shares of Amazon.com by 100,947.5% in the second quarter. Harbour Capital Advisors LLC now owns 2,302,872 shares of the e-commerce giant’s stock valued at $2,379,000 after purchasing an additional 2,300,593 shares in the last quarter. State Street Corp grew its position in shares of Amazon.com by 1.1% in the first quarter. State Street Corp now owns 16,544,538 shares of the e-commerce giant’s stock valued at $14,667,392,000 after purchasing an additional 186,756 shares in the last quarter. Karp Capital Management Corp purchased a new stake in shares of Amazon.com in the first quarter valued at approximately $157,189,000. Canada Pension Plan Investment Board grew its position in shares of Amazon.com by 75.8% in the second quarter. Canada Pension Plan Investment Board now owns 277,830 shares of the e-commerce giant’s stock valued at $268,939,000 after purchasing an additional 119,800 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in shares of Amazon.com by 11.9% in the first quarter. Clearbridge Investments LLC now owns 883,531 shares of the e-commerce giant’s stock valued at $783,286,000 after purchasing an additional 93,757 shares in the last quarter. Institutional investors own 60.54% of the company’s stock.

Amazon.com, Inc. (AMZN) opened at $1,126.69 on Thursday. The company has a market capitalization of $542,920.00, a price-to-earnings ratio of 288.54, a P/E/G ratio of 14.24 and a beta of 1.45. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00. Amazon.com, Inc. has a twelve month low of $735.61 and a twelve month high of $1,139.90.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.57). The business had revenue of $43.74 billion during the quarter, compared to analysts’ expectations of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The business’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period last year, the company earned $0.52 EPS. equities analysts expect that Amazon.com, Inc. will post 4.24 EPS for the current fiscal year.

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A number of research firms have recently issued reports on AMZN. Tigress Financial restated a “buy” rating on shares of Amazon.com in a research report on Wednesday, August 9th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $1,275.00 price target on shares of Amazon.com in a research report on Friday, July 28th. SunTrust Banks, Inc. restated a “buy” rating and issued a $1,190.00 price target on shares of Amazon.com in a research report on Monday, October 2nd. Macquarie restated a “buy” rating on shares of Amazon.com in a research report on Monday, July 24th. Finally, KeyCorp restated a “hold” rating on shares of Amazon.com in a research report on Sunday, July 23rd. Five analysts have rated the stock with a hold rating and forty-nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $1,142.08.

In other Amazon.com news, CEO Jeffrey P. Bezos sold 391,110 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the transaction, the chief executive officer now owns 79,891,433 shares of the company’s stock, valued at $88,162,593,058.49. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $955.20, for a total value of $2,674,560.00. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $9,552,000. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 395,770 shares of company stock worth $436,339,290. Corporate insiders own 17.70% of the company’s stock.

About Amazon.com

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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