Hickory Point Bank & Trust Has $1.31 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Hickory Point Bank & Trust grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,861 shares of the e-commerce giant’s stock after purchasing an additional 426 shares during the period. Amazon.com comprises about 1.1% of Hickory Point Bank & Trust’s portfolio, making the stock its 16th largest position. Hickory Point Bank & Trust’s holdings in Amazon.com were worth $1,305,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com in the fourth quarter worth $27,000. LSV Asset Management acquired a new stake in Amazon.com in the fourth quarter worth $35,000. Perritt Capital Management Inc raised its holdings in shares of Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after acquiring an additional 80 shares during the period. Compass Planning Associates Inc acquired a new stake in shares of Amazon.com during the fourth quarter worth $51,000. Finally, Quattro Financial Advisors LLC raised its holdings in shares of Amazon.com by 23.8% during 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 period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Matthew S. Garman sold 20,923 shares of the business’s stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,211,799.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $204.98, for a total transaction of $512,450.00. Following the completion of the sale, the chief executive officer now directly owns 517,050 shares of the company’s stock, valued at $105,984,909. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 102,037 shares of company stock valued at $20,531,075 in the last quarter. Company insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN stock opened at $209.69 on Monday. The company has a market capitalization of $2.23 trillion, a price-to-earnings ratio of 34.15, a PEG ratio of 1.58 and a beta of 1.34. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. The company has a 50-day simple moving average of $198.41 and a 200 day simple moving average of $209.17. Amazon.com, Inc. has a 52 week low of $151.61 and a 52 week high of $242.52.

Amazon.com (NASDAQ:AMZNGet Free Report) last posted its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. The firm had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.98 EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AMZN. Citigroup restated a “buy” rating on shares of Amazon.com in a report on Monday, June 2nd. Stifel Nicolaus dropped their price objective on shares of Amazon.com from $248.00 to $245.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Wall Street Zen lowered shares of Amazon.com from a “buy” rating to a “hold” rating in a report on Monday, May 5th. Wells Fargo & Company dropped their price objective on shares of Amazon.com from $207.00 to $203.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 25th. Finally, Jefferies Financial Group dropped their price objective on shares of Amazon.com from $250.00 to $240.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $245.53.

Read Our Latest Research Report on AMZN

Amazon.com Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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