Investors Sell Amazon.com (AMZN) on Strength (AMZN)

Traders sold shares of Amazon.com, Inc. (NASDAQ:AMZN) on strength during trading on Monday. $1,158.24 million flowed into the stock on the tick-up and $1,332.26 million flowed out of the stock on the tick-down, for a money net flow of $174.02 million out of the stock. Of all stocks tracked, Amazon.com had the 2nd highest net out-flow for the day. Amazon.com traded up $17.73 for the day and closed at $1,246.87

Several brokerages have weighed in on AMZN. 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 report on Wednesday, November 29th. Credit Suisse Group upped their price target on Amazon.com from $1,385.00 to $1,410.00 and gave the stock an “outperform” rating in a report on Monday. Robert W. Baird restated a “buy” rating and set a $1,310.00 price target on shares of Amazon.com in a report on Monday. SunTrust Banks reiterated a “buy” rating and issued a $1,190.00 price objective on shares of Amazon.com in a report on Monday, October 2nd. Finally, Wells Fargo & Co reiterated a “buy” rating on shares of Amazon.com in a report on Monday, December 4th. Five equities research analysts have rated the stock with a hold rating and fifty have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $1,247.89.

The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $600,830.00, a P/E ratio of 314.87, a PEG ratio of 7.22 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share 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 company had revenue of $43.74 billion for the quarter, compared to analyst estimates of $42.26 billion. During the same period in the previous year, the business posted $0.52 earnings per share. The firm’s revenue was up 33.7% compared to the same quarter last year. analysts expect that Amazon.com, Inc. will post 4.24 earnings per share for the current year.

In other Amazon.com news, CEO Jeffrey P. Bezos sold 391,110 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was 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 approximately $88,162,593,058.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 544 shares of the stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $1,126.27, for a total value of $612,690.88. The disclosure for this sale can be found here. Insiders have sold a total of 402,338 shares of company stock valued at $444,391,701 over the last ninety days. 17.00% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the business. Whitnell & Co. lifted its holdings in shares of Amazon.com by 581.3% in the 3rd quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock valued at $105,000 after buying an additional 93 shares during the period. Vestor Capital LLC lifted its holdings in shares of 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 during the period. Clear Investment Research LLC lifted its holdings in shares of Amazon.com by 73,100.0% in the 2nd quarter. Clear Investment Research LLC now owns 732 shares of the e-commerce giant’s stock valued at $107,000 after buying an additional 731 shares during the period. LeJeune Puetz Investment Counsel LLC acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $116,000. Finally, Mountain Capital Investment Advisors Inc acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $121,000. 59.78% of the stock is owned by institutional investors.

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Amazon.com Company Profile

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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