First National Bank & Trust Co. of Newtown Takes Position in Amazon.com, Inc. (AMZN)

First National Bank & Trust Co. of Newtown acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 130 shares of the e-commerce giant’s stock, valued at approximately $221,000.

Other large investors have also modified their holdings of the company. Lee Financial Co increased its position in shares of Amazon.com by 154.3% in the first quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock valued at $129,000 after acquiring an additional 54 shares during the period. Point72 Asia Hong Kong Ltd purchased a new position in shares of Amazon.com in the first quarter valued at about $145,000. Legacy Advisors LLC increased its position in shares of Amazon.com by 47.1% in the second quarter. Legacy Advisors LLC now owns 103 shares of the e-commerce giant’s stock valued at $175,000 after acquiring an additional 33 shares during the period. JJJ Advisors Inc. purchased a new position in shares of Amazon.com in the second quarter valued at about $175,000. Finally, WP Advisors LLC purchased a new position in shares of Amazon.com in the second quarter valued at about $177,000. Institutional investors own 57.15% of the company’s stock.

Shares of NASDAQ AMZN opened at $1,642.81 on Friday. The company has a market capitalization of $869.24 billion, a PE ratio of 361.06, a PEG ratio of 3.72 and a beta of 1.58. Amazon.com, Inc. has a 52-week low of $1,050.55 and a 52-week high of $2,050.50. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.78 and a current ratio of 1.07.



Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.29 by $2.46. The firm had revenue of $56.58 billion for the quarter, compared to the consensus estimate of $57.05 billion. Amazon.com had a net margin of 4.03% and a return on equity of 25.85%. On average, research analysts anticipate that Amazon.com, Inc. will post 17.75 earnings per share for the current year.

In other news, Director Thomas O. Ryder sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of $1,783.81, for a total value of $8,919,050.00. Following the transaction, the director now owns 10,752 shares in the company, valued at $19,179,525.12. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Andrew R. Jassy sold 1,726 shares of the company’s stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $1,900.00, for a total transaction of $3,279,400.00. Following the completion of the transaction, the chief executive officer now owns 88,801 shares in the company, valued at approximately $168,721,900. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,308 shares of company stock worth $47,905,498. Insiders own 16.30% of the company’s stock.

AMZN has been the topic of a number of analyst reports. Argus boosted their price objective on shares of Amazon.com to $1,900.00 and gave the company a “buy” rating in a research report on Tuesday, July 3rd. JPMorgan Chase & Co. restated a “buy” rating on shares of Amazon.com in a research report on Monday, July 9th. Morgan Stanley restated a “buy” rating on shares of Amazon.com in a research report on Wednesday, July 11th. Canaccord Genuity restated a “buy” rating and issued a $2,000.00 price objective (up previously from $1,800.00) on shares of Amazon.com in a research report on Thursday, July 12th. Finally, Cowen boosted their price objective on shares of Amazon.com from $2,000.00 to $2,100.00 and gave the company an “outperform” rating in a research report on Friday, July 13th. Five research analysts have rated the stock with a hold rating and forty-seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $2,083.06.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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