Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by First National Corp MA ADV

First National Corp MA ADV boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 9.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 15,946 shares of the e-commerce giant's stock after buying an additional 1,387 shares during the period. First National Corp MA ADV's holdings in Amazon.com were worth $3,498,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AMZN. Arlington Trust Co LLC grew its position in shares of Amazon.com by 0.5% during the fourth quarter. Arlington Trust Co LLC now owns 25,225 shares of the e-commerce giant's stock worth $5,534,000 after purchasing an additional 120 shares in the last quarter. Equitable Trust Co. grew its holdings in Amazon.com by 15.2% during the 4th quarter. Equitable Trust Co. now owns 139,646 shares of the e-commerce giant's stock valued at $30,637,000 after buying an additional 18,380 shares in the last quarter. Global Wealth Management Investment Advisory Inc. raised its position in shares of Amazon.com by 8.9% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 34,234 shares of the e-commerce giant's stock valued at $7,511,000 after buying an additional 2,804 shares during the last quarter. Bristlecone Advisors LLC lifted its holdings in shares of Amazon.com by 0.5% in the fourth quarter. Bristlecone Advisors LLC now owns 187,656 shares of the e-commerce giant's stock worth $41,170,000 after buying an additional 853 shares in the last quarter. Finally, Walter & Keenan Wealth Management LLC IN ADV boosted its position in shares of Amazon.com by 2.2% during the fourth quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 11,890 shares of the e-commerce giant's stock worth $2,609,000 after acquiring an additional 260 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

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Amazon.com Stock Performance

Shares of NASDAQ AMZN traded up $2.32 during mid-day trading on Wednesday, hitting $198.91. The stock had a trading volume of 31,420,521 shares, compared to its average volume of 39,038,438. The company has a 50 day moving average of $223.12 and a two-hundred day moving average of $207.25. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The firm has a market cap of $2.11 trillion, a PE ratio of 36.02, a PEG ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 19,212 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the transaction, the senior vice president now directly owns 49,950 shares in the company, valued at $10,864,125. The trade was a 27.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the firm's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 102,298 shares of company stock valued at $22,871,828 over the last ninety days. Company insiders own 10.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on AMZN shares. Phillip Securities lowered Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Morgan Stanley upped their price objective on Amazon.com from $230.00 to $280.00 and gave the stock an "overweight" rating in a report on Monday, January 13th. Piper Sandler restated an "overweight" rating and issued a $265.00 target price (up from $225.00) on shares of Amazon.com in a report on Friday, February 7th. Rosenblatt Securities boosted their price objective on Amazon.com from $236.00 to $287.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $236.00 price objective on shares of Amazon.com in a research note on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating, forty-two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $260.65.

Amazon.com 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.