Trust Co. of Oklahoma Acquires 2,811 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Trust Co. of Oklahoma boosted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 12.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,685 shares of the e-commerce giant's stock after buying an additional 2,811 shares during the quarter. Amazon.com comprises 1.6% of Trust Co. of Oklahoma's portfolio, making the stock its 15th biggest holding. Trust Co. of Oklahoma's holdings in Amazon.com were worth $4,786,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AMZN. Vanguard Group Inc. lifted its position in Amazon.com by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 785,811,114 shares of the e-commerce giant's stock worth $141,744,609,000 after acquiring an additional 14,724,687 shares during the last quarter. Capital Research Global Investors boosted its stake in Amazon.com by 8.5% during the 1st quarter. Capital Research Global Investors now owns 86,982,857 shares of the e-commerce giant's stock valued at $15,689,968,000 after purchasing an additional 6,810,145 shares during the period. Legal & General Group Plc grew its holdings in Amazon.com by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 69,686,374 shares of the e-commerce giant's stock valued at $13,466,933,000 after buying an additional 1,042,177 shares during the last quarter. Bank of New York Mellon Corp increased its position in Amazon.com by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 67,745,972 shares of the e-commerce giant's stock worth $13,091,909,000 after buying an additional 289,532 shares during the period. Finally, Jennison Associates LLC lifted its holdings in shares of Amazon.com by 0.5% during the first quarter. Jennison Associates LLC now owns 56,666,183 shares of the e-commerce giant's stock worth $10,221,446,000 after buying an additional 295,132 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMZN. Susquehanna raised their price objective on shares of Amazon.com from $220.00 to $230.00 and gave the stock a "positive" rating in a research note on Friday, November 1st. Barclays upped their price objective on shares of Amazon.com from $220.00 to $235.00 and gave the company an "overweight" rating in a research report on Friday, August 2nd. Wells Fargo & Company lowered Amazon.com from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $225.00 to $183.00 in a research note on Monday, October 7th. UBS Group raised their price objective on Amazon.com from $220.00 to $223.00 and gave the stock a "buy" rating in a research report on Monday, October 28th. Finally, Roth Mkm raised their target price on Amazon.com from $210.00 to $215.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. Two research analysts have rated the stock with a hold rating, forty have issued 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 a consensus price target of $234.55.

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 3,791 shares of the business's stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total value of $686,322.64. Following the sale, the vice president now owns 121,461 shares in the company, valued at approximately $21,989,299.44. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Amazon.com news, Director Jonathan Rubinstein sold 5,004 shares of the firm's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $199.85, for a total value of $1,000,049.40. Following the completion of the transaction, the director now directly owns 99,396 shares in the company, valued at $19,864,290.60. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Shelley Reynolds sold 3,791 shares of the company's stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $181.04, for a total value of $686,322.64. Following the sale, the vice president now owns 121,461 shares in the company, valued at approximately $21,989,299.44. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,053,349 shares of company stock worth $1,256,503,289. 10.80% of the stock is owned by corporate insiders.

Amazon.com Stock Up 2.5 %

Shares of Amazon.com stock traded up $5.19 on Wednesday, hitting $214.10. The company had a trading volume of 46,167,583 shares, compared to its average volume of 41,422,066. The stock has a 50-day moving average of $189.05 and a 200-day moving average of $185.15. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. Amazon.com, Inc. has a twelve month low of $139.52 and a twelve month high of $215.09. The firm has a market capitalization of $2.25 trillion, a P/E ratio of 45.91, a P/E/G ratio of 1.40 and a beta of 1.14.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period in the prior year, the business earned $0.85 EPS. The company's revenue for the quarter was up 11.0% compared to the same quarter last year. Research analysts predict that Amazon.com, Inc. will post 5.27 earnings per share for the current year.

About Amazon.com

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.