Other equities research analysts have also recently issued research reports about the stock. Piper Jaffray Companies restated a buy rating and set a $1,200.00 target price on shares of Amazon.com in a research note on Friday, July 14th. BidaskClub upgraded shares of Amazon.com from a hold rating to a buy rating in a research note on Wednesday, July 12th. Sanford C. Bernstein restated a buy rating on shares of Amazon.com in a research note on Tuesday, July 11th. Vetr cut shares of Amazon.com from a strong-buy rating to a buy rating and set a $1,105.24 target price on the stock. in a research note on Monday, July 10th. Finally, UBS AG restated a buy rating and set a $1,200.00 target price (up previously from $1,100.00) on shares of Amazon.com in a research note on Monday, July 17th. One analyst has rated the stock with a sell rating, four have given a hold rating and forty-nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $1,135.75.
Shares of Amazon.com (NASDAQ AMZN) traded up 0.050% during trading on Friday, reaching $1101.505. 4,088,564 shares of the company traded hands. The company has a market capitalization of $529.14 billion, a P/E ratio of 280.139 and a beta of 1.47. Amazon.com has a 52 week low of $710.10 and a 52 week high of $1,122.79. The company’s 50-day moving average price is $980.24 and its 200-day moving average price is $974.26.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.57). Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. The firm had revenue of $43.74 billion for the quarter, compared to the consensus estimate of $42.26 billion. During the same quarter in the previous year, the business posted $0.52 EPS. Amazon.com’s revenue was up 33.7% on a year-over-year basis. Equities research analysts forecast that Amazon.com will post $3.67 EPS for the current fiscal year.
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In other Amazon.com news, VP Shelley Reynolds sold 544 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $986.52, for a total value of $536,666.88. Following the completion of the sale, the vice president now directly owns 6,533 shares in the company, valued at approximately $6,444,935.16. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the company’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $955.20, for a total value of $2,674,560.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $9,552,000. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,083 shares of company stock valued at $8,874,850. 17.70% of the stock is owned by corporate insiders.
Large investors have recently modified their holdings of the business. Vestor Capital LLC grew its holdings in Amazon.com by 10.1% in the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock valued at $106,000 after buying an additional 10 shares in the last quarter. WealthTrust Arizona LLC grew its holdings in Amazon.com by 2.7% in the 2nd quarter. WealthTrust Arizona LLC now owns 114 shares of the e-commerce giant’s stock valued at $110,000 after buying an additional 3 shares in the last quarter. LeJeune Puetz Investment Counsel LLC purchased a new stake in Amazon.com in the 2nd quarter valued at $116,000. Mountain Capital Investment Advisors Inc purchased a new stake in Amazon.com in the 2nd quarter valued at $121,000. Finally, Farmers & Merchants Investments Inc. grew its holdings in Amazon.com by 560.0% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 132 shares of the e-commerce giant’s stock valued at $128,000 after buying an additional 112 shares in the last quarter. Institutional investors own 60.77% of the company’s stock.
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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