Oakworth Capital Inc. Purchases 910 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Oakworth Capital Inc. boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,684 shares of the e-commerce giant’s stock after acquiring an additional 910 shares during the quarter. Oakworth Capital Inc.’s holdings in Amazon.com were worth $3,295,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Archer Investment Corp boosted its position in Amazon.com by 2.3% during the fourth quarter. Archer Investment Corp now owns 13,268 shares of the e-commerce giant’s stock worth $2,016,000 after purchasing an additional 300 shares during the period. Telos Capital Management Inc. boosted its holdings in shares of Amazon.com by 0.8% during the 4th quarter. Telos Capital Management Inc. now owns 94,854 shares of the e-commerce giant’s stock worth $14,412,000 after buying an additional 784 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its stake in Amazon.com by 0.8% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,210,725 shares of the e-commerce giant’s stock valued at $183,958,000 after buying an additional 9,082 shares during the last quarter. DecisionPoint Financial LLC raised its holdings in Amazon.com by 221.9% in the 4th quarter. DecisionPoint Financial LLC now owns 3,219 shares of the e-commerce giant’s stock valued at $489,000 after acquiring an additional 2,219 shares during the period. Finally, Beam Wealth Advisors Inc. lifted its position in Amazon.com by 3.8% during the fourth quarter. Beam Wealth Advisors Inc. now owns 4,504 shares of the e-commerce giant’s stock worth $684,000 after acquiring an additional 164 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Wolfe Research increased their target price on Amazon.com from $195.00 to $205.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Benchmark reissued a “buy” rating and issued a $200.00 target price on shares of Amazon.com in a research report on Wednesday, May 1st. Evercore ISI raised their price target on shares of Amazon.com from $220.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. Mizuho boosted their price objective on shares of Amazon.com from $230.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Finally, Stifel Nicolaus increased their target price on shares of Amazon.com from $224.00 to $228.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. One equities research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $211.62.

Amazon.com Stock Up 0.0 %

Shares of Amazon.com stock opened at $188.76 on Wednesday. Amazon.com, Inc. has a one year low of $104.70 and a one year high of $189.94. The stock’s 50-day moving average is $179.60 and its 200 day moving average is $161.63. The firm has a market cap of $1.96 trillion, a price-to-earnings ratio of 52.87, a PEG ratio of 1.35 and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The business had revenue of $143.31 billion for the quarter, compared to analyst estimates of $142.65 billion. During the same period last year, the company posted $0.31 earnings per share. Amazon.com’s quarterly revenue was up 12.5% compared to the same quarter last year. Equities research analysts anticipate that Amazon.com, Inc. will post 4.67 EPS for the current year.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total value of $631,015.00. Following the transaction, the chief executive officer now directly owns 509,358 shares in the company, valued at $91,832,153.82. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Amazon.com news, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $180.29, for a total value of $631,015.00. Following the sale, the chief executive officer now directly owns 509,358 shares in the company, valued at $91,832,153.82. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 14,300 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $175.00, for a total transaction of $2,502,500.00. Following the sale, the chief executive officer now directly owns 499,831 shares in the company, valued at $87,470,425. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,197,961 shares of company stock worth $4,482,244,357. 10.80% of the stock is owned by company insiders.

Amazon.com Company 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.