Keybank National Association OH Purchases 11,750 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Keybank National Association OH raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,216,046 shares of the e-commerce giant's stock after acquiring an additional 11,750 shares during the period. Amazon.com makes up about 2.7% of Keybank National Association OH's portfolio, making the stock its 7th biggest position. Keybank National Association OH's holdings in Amazon.com were worth $705,568,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Accordant Advisory Group Inc lifted its holdings in Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock valued at $27,000 after acquiring an additional 100 shares during the period. Compass Planning Associates Inc purchased a new position in shares of Amazon.com during the 4th quarter valued at approximately $51,000. Quattro Financial Advisors LLC lifted its stake in shares of Amazon.com by 23.8% in the 4th quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock valued at $51,000 after purchasing an additional 45 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in Amazon.com during the fourth quarter worth $54,000. Finally, Iron Horse Wealth Management LLC grew its position in Amazon.com by 64.4% during the fourth quarter. Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant's stock valued at $63,000 after buying an additional 112 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 20,784 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total value of $4,585,989.60. Following the completion of the transaction, the chief executive officer now owns 2,118,886 shares in the company, valued at $467,532,195.90. The trade was a 0.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total value of $469,975.00. Following the sale, the chief executive officer now directly owns 509,474 shares in the company, valued at $95,776,017.26. This represents a 0.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,798 shares of company stock worth $23,341,803 over the last ninety days. Company insiders own 10.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on AMZN shares. JMP Securities set a $285.00 price objective on shares of Amazon.com in a research report on Thursday, March 27th. JPMorgan Chase & Co. increased their price target on Amazon.com from $250.00 to $280.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. Stifel Nicolaus raised their price objective on Amazon.com from $245.00 to $275.00 and gave the company a "buy" rating in a report on Friday, February 7th. Sanford C. Bernstein upped their target price on Amazon.com from $235.00 to $265.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 18th. Finally, Rosenblatt Securities lifted their price target on shares of Amazon.com from $236.00 to $287.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $260.53.

Amazon.com Trading Down 4.2 %

NASDAQ AMZN traded down $7.41 during trading hours on Friday, reaching $171.00. The company had a trading volume of 122,919,361 shares, compared to its average volume of 40,641,072. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $1.81 trillion, a P/E ratio of 30.92, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The stock has a 50-day moving average of $212.18 and a 200 day moving average of $208.91. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping analysts' consensus estimates 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, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal 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.