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

First Financial Bank Trust Division increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 126.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 0.9% of First Financial Bank Trust Division's holdings, making the stock its 27th largest position. First Financial Bank Trust Division's holdings in Amazon.com were worth $10,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Icon Wealth Advisors LLC increased its position in shares of Amazon.com by 20.5% during the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock worth $28,000 after purchasing an additional 25,581 shares in the last quarter. PayPay Securities Corp grew its stake in Amazon.com by 64.6% during the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock worth $32,000 after buying an additional 64 shares during the last quarter. Hoese & Co LLP acquired a new position in Amazon.com during the 3rd quarter valued at about $37,000. Bull Oak Capital LLC purchased a new stake in Amazon.com in the third quarter valued at about $45,000. Finally, Values First Advisors Inc. acquired a new stake in Amazon.com in the third quarter worth about $56,000. Institutional investors own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the transaction, the director now owns 24,912 shares of the company's stock, valued at $4,958,982.72. This trade represents a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Matthew S. Garman sold 15,260 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the completion of the transaction, the chief executive officer now owns 349,261 shares in the company, valued at approximately $69,918,559.59. This represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,032,344 shares of company stock worth $1,253,456,822 in the last 90 days. Insiders own 10.80% of the company's stock.

Amazon.com Price Performance

AMZN traded up $5.28 on Friday, hitting $225.94. 42,097,354 shares of the company's stock were exchanged, compared to its average volume of 27,997,364. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $233.00. The stock has a market cap of $2.38 trillion, a price-to-earnings ratio of 48.38, a P/E/G ratio of 1.22 and a beta of 1.14. The firm has a 50-day moving average price of $217.91 and a 200-day moving average price of $196.28. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. The company had revenue of $158.88 billion during the quarter, compared to analysts' expectations of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. Amazon.com's revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.85 EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 5.38 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AMZN shares. Wolfe Research lifted their target price on shares of Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a research note on Friday, January 3rd. BMO Capital Markets reissued an "outperform" rating and set a $236.00 price objective on shares of Amazon.com in a report on Tuesday, December 3rd. Jefferies Financial Group raised their target price on Amazon.com from $235.00 to $275.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Moffett Nathanson boosted their price target on Amazon.com from $235.00 to $248.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Finally, Royal Bank of Canada lifted their target price on Amazon.com from $215.00 to $225.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $245.65.

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.