First National Corp MA ADV Increases Stake in Amazon.com, Inc. (NASDAQ:AMZN)
First National Corp MA ADV boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 9.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,946 shares of the e-commerce giant's stock after acquiring an additional 1,387 shares during the quarter. First National Corp MA ADV's holdings in Amazon.com were worth $3,498,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of AMZN. Accordant Advisory Group Inc increased its position in shares of 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 buying an additional 100 shares in the last quarter. Icon Wealth Advisors LLC increased its position in shares of Amazon.com by 20.5% in the third quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant's stock valued at $28,000 after buying an additional 25,581 shares in the last quarter. Bull Oak Capital LLC purchased a new stake in shares of Amazon.com in the third quarter valued at approximately $45,000. Quattro Financial Advisors LLC boosted its stake in shares of Amazon.com by 23.8% in the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant's stock worth $51,000 after acquiring an additional 45 shares during the last quarter. Finally, Values First Advisors Inc. acquired a new stake in shares of Amazon.com in the third quarter worth approximately $56,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares in the company, valued at $114,459,618.09. This represents a 5.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the sale, the chief executive officer now owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 106,649 shares of company stock worth $23,871,905 in the last quarter. 10.80% of the stock is owned by company insiders.
A number of analysts have recently issued reports on the company. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $275.00 price target on shares of Amazon.com in a research note on Friday, February 7th. Piper Sandler reaffirmed an "overweight" rating and issued a $265.00 price target (up from $225.00) on shares of Amazon.com in a research note on Friday, February 7th. Robert W. Baird lifted their price target on Amazon.com from $220.00 to $260.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Stifel Nicolaus lifted their price target on Amazon.com from $245.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Roth Mkm lifted their price target on Amazon.com from $220.00 to $250.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. Two equities 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. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of "Moderate Buy" and a consensus target price of $260.65.
View Our Latest Report on AMZN
AMZN stock opened at $199.25 on Friday. 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 company has a market capitalization of $2.11 trillion, a PE ratio of 36.03, a P/E/G ratio of 1.50 and a beta of 1.19. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The business's fifty day moving average price is $224.11 and its 200 day moving average price is $206.80.
Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.
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.
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