Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Amazon.com (AMZN) Stock Price

Media stories about Amazon.com (NASDAQ:AMZN) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Amazon.com earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the e-commerce giant an impact score of 45.2686299413309 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Shares of Amazon.com (AMZN) traded down $6.40 during trading hours on Monday, reaching $1,168.36. 1,553,997 shares of the company were exchanged, compared to its average volume of 3,540,619. Amazon.com has a fifty-two week low of $747.70 and a fifty-two week high of $1,213.41. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. The company has a market capitalization of $563,000.00, a PE ratio of 295.04, a price-to-earnings-growth ratio of 13.29 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last issued its quarterly 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). The business had revenue of $43.74 billion for the quarter, compared to analyst estimates of $42.26 billion. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. Amazon.com’s revenue for the quarter was up 33.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS. sell-side analysts predict that Amazon.com will post 4.24 EPS for the current fiscal year.

Several equities analysts have recently issued reports on the company. Vetr upgraded Amazon.com from a “sell” rating to a “hold” rating and set a $1,155.74 price target on the stock in a research report on Wednesday, November 29th. SunTrust Banks reissued a “buy” rating and set a $1,190.00 price objective on shares of Amazon.com in a research report on Monday, October 2nd. Wells Fargo & Co reissued a “buy” rating on shares of Amazon.com in a research report on Monday, December 4th. Barclays reissued an “overweight” rating and set a $1,210.00 price objective (up previously from $1,150.00) on shares of Amazon.com in a research report on Friday, October 27th. Finally, Citigroup reissued a “buy” rating and set a $1,250.00 price objective on shares of Amazon.com in a research report on Friday, October 27th. Four research analysts have rated the stock with a hold rating and fifty-one have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $1,237.19.

In other news, CEO Jeffrey P. Bezos sold 391,110 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the completion of the sale, the chief executive officer now directly owns 79,891,433 shares of the company’s stock, valued at $88,162,593,058.49. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the business’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $1,160.34, for a total transaction of $3,248,952.00. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $11,603,400. The disclosure for this sale can be found here. In the last quarter, insiders have sold 402,338 shares of company stock worth $444,391,701. 17.70% of the stock is owned by company insiders.

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About Amazon.com

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.

Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

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