Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Busey Bank

Busey Bank lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 550,726 shares of the e-commerce giant's stock after acquiring an additional 4,285 shares during the period. Amazon.com accounts for approximately 4.0% of Busey Bank's portfolio, making the stock its 4th biggest position. Busey Bank's holdings in Amazon.com were worth $120,824,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AMZN. Fiera Capital Corp boosted its stake in Amazon.com by 12.5% during the second quarter. Fiera Capital Corp now owns 401,113 shares of the e-commerce giant's stock worth $77,515,000 after buying an additional 44,615 shares during the period. Beck Bode LLC acquired a new position in shares of Amazon.com in the 2nd quarter worth approximately $651,000. Tairen Capital Ltd boosted its position in shares of Amazon.com by 1,177.9% during the 2nd quarter. Tairen Capital Ltd now owns 1,768,335 shares of the e-commerce giant's stock worth $341,731,000 after purchasing an additional 1,629,959 shares during the period. Xponance Inc. increased its holdings in Amazon.com by 2.6% in the 2nd quarter. Xponance Inc. now owns 2,209,547 shares of the e-commerce giant's stock valued at $426,995,000 after purchasing an additional 55,851 shares during the last quarter. Finally, Marietta Investment Partners LLC raised its position in Amazon.com by 32.3% in the second quarter. Marietta Investment Partners LLC now owns 36,409 shares of the e-commerce giant's stock valued at $7,036,000 after purchasing an additional 8,885 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Stock Performance

Shares of AMZN stock traded down $6.30 during mid-day trading on Friday, hitting $216.58. The stock had a trading volume of 55,147,843 shares, compared to its average volume of 35,392,852. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company's 50-day simple moving average is $228.10 and its 200-day simple moving average is $203.58. The firm has a market cap of $2.30 trillion, a PE ratio of 39.16, a PEG ratio of 1.57 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AMZN. Loop Capital lifted their price objective on Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. Bank of America lifted their target price on Amazon.com from $210.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Amazon.com from $225.00 to $232.00 and gave the company a "buy" rating in a report on Friday, November 1st. Needham & Company LLC restated a "buy" rating and issued a $250.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Finally, Moffett Nathanson increased their price objective on Amazon.com from $235.00 to $248.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. 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's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $260.74.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 5,501 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the transaction, the chief executive officer now directly owns 505,318 shares in the company, valued at approximately $115,434,843.92. This represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jonathan Rubinstein sold 4,351 shares of Amazon.com stock in a transaction that occurred 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 sale, the director now owns 88,203 shares of the company's stock, valued at approximately $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 40,852 shares of company stock valued at $9,324,151. 10.80% of the stock is owned by company insiders.

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.