First National Bank of Omaha Lowers Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

First National Bank of Omaha lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 9.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 234,268 shares of the e-commerce giant’s stock after selling 24,205 shares during the quarter. Amazon.com accounts for approximately 1.2% of First National Bank of Omaha’s holdings, making the stock its 11th biggest position. First National Bank of Omaha’s holdings in Amazon.com were worth $19,678,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Northstar Asset Management Inc. purchased a new position in Amazon.com in the 4th quarter worth about $1,038,000. InterOcean Capital Group LLC raised its position in Amazon.com by 3.7% in the 4th quarter. InterOcean Capital Group LLC now owns 596,124 shares of the e-commerce giant’s stock worth $50,074,000 after buying an additional 21,100 shares during the last quarter. St. James Investment Advisors LLC raised its position in Amazon.com by 97.7% in the 4th quarter. St. James Investment Advisors LLC now owns 344 shares of the e-commerce giant’s stock worth $29,000 after buying an additional 170 shares during the last quarter. Carson Advisory Inc. raised its position in Amazon.com by 15.8% in the 4th quarter. Carson Advisory Inc. now owns 4,689 shares of the e-commerce giant’s stock worth $394,000 after buying an additional 640 shares during the last quarter. Finally, Triple Frond Partners LLC raised its position in Amazon.com by 23.5% in the 4th quarter. Triple Frond Partners LLC now owns 579,136 shares of the e-commerce giant’s stock worth $48,648,000 after buying an additional 110,360 shares during the last quarter. Hedge funds and other institutional investors own 57.64% of the company’s stock.

Amazon.com Stock Down 1.5 %

NASDAQ AMZN opened at $115.00 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.69 and a current ratio of 0.92. The company has a market capitalization of $1.18 trillion, a P/E ratio of 273.81, a P/E/G ratio of 4.00 and a beta of 1.26. Amazon.com, Inc. has a one year low of $81.43 and a one year high of $146.57. The stock has a 50 day moving average price of $105.19 and a 200-day moving average price of $97.67.

Amazon.com (NASDAQ:AMZN – Get Rating) last posted its earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. Amazon.com had a return on equity of 5.85% and a net margin of 0.82%. The firm had revenue of $127.36 billion during the quarter, compared to the consensus estimate of $124.57 billion. During the same period in the prior year, the company earned $0.21 EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. As a group, equities analysts predict that Amazon.com, Inc. will post 1.57 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $115.60, for a total transaction of $358,360.00. Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $13,846,568. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $115.60, for a total transaction of $358,360.00. Following the sale, the vice president now owns 119,780 shares in the company, valued at approximately $13,846,568. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Adam Selipsky sold 2,299 shares of the stock in a transaction on Tuesday, March 21st. The shares were sold at an average price of $100.34, for a total value of $230,681.66. Following the sale, the chief executive officer now owns 138,320 shares in the company, valued at approximately $13,879,028.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 75,144 shares of company stock worth $8,405,887. Company insiders own 12.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AMZN. DA Davidson boosted their target price on Amazon.com from $114.00 to $134.00 and gave the stock a “buy” rating in a research report on Friday, February 3rd. JPMorgan Chase & Co. upped their price target on shares of Amazon.com from $135.00 to $145.00 in a research report on Friday, April 28th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $125.00 price target on shares of Amazon.com in a research report on Thursday, April 20th. Wolfe Research upped their price target on shares of Amazon.com from $130.00 to $140.00 in a research report on Friday, April 28th. Finally, Morgan Stanley upped their price target on shares of Amazon.com from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Friday, February 3rd. Three research analysts have rated the stock with a hold rating and forty-one have issued a buy rating to the stock. According to data from MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $143.12.

About Amazon.com

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Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.