A number of other equities analysts have also commented on the company. Robert W. Baird reaffirmed a buy rating and issued a $1,310.00 price target on shares of Amazon.com in a report on Monday. Vetr lowered Amazon.com from a buy rating to a hold rating and set a $1,277.08 price target for the company. in a report on Monday. Citigroup reaffirmed a buy rating and issued a $1,400.00 price target (up from $1,250.00) on shares of Amazon.com in a report on Friday, January 5th. JMP Securities reaffirmed an outperform rating and issued a $1,350.00 price target (up from $1,240.00) on shares of Amazon.com in a report on Tuesday, December 19th. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating and issued a $1,375.00 price target (up from $1,220.00) on shares of Amazon.com in a report on Monday, December 18th. Four research analysts have rated the stock with a hold rating and fifty-one have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $1,252.24.
Shares of Amazon.com (AMZN) traded up $1.63 during midday trading on Tuesday, reaching $1,254.33. The company’s stock had a trading volume of 2,680,000 shares, compared to its average volume of 3,440,000. Amazon.com has a 1-year low of $789.51 and a 1-year high of $1,259.33. The company has a market capitalization of $604,430.00, a price-to-earnings ratio of 316.75, a price-to-earnings-growth ratio of 7.22 and a beta of 1.46. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00.
In other Amazon.com news, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $1,126.27, for a total transaction of $612,690.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Tom A. Alberg sold 1,860 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $1,109.20, for a total value of $2,063,112.00. Following the sale, the director now owns 18,460 shares in the company, valued at approximately $20,475,832. The disclosure for this sale can be found here. Insiders have sold 402,338 shares of company stock worth $444,391,701 in the last 90 days. Company insiders own 17.00% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in AMZN. Saturna Capital CORP increased its holdings in shares of Amazon.com by 0.6% in the first quarter. Saturna Capital CORP now owns 1,574 shares of the e-commerce giant’s stock worth $1,395,000 after buying an additional 10 shares during the period. Horizon Investment Services LLC bought a new stake in shares of Amazon.com in the first quarter worth about $226,000. Security National Bank of SO Dak bought a new stake in shares of Amazon.com in the first quarter worth about $228,000. Almanack Investment Partners LLC. grew its stake in shares of Amazon.com by 47.2% in the first quarter. Almanack Investment Partners LLC. now owns 418 shares of the e-commerce giant’s stock worth $371,000 after purchasing an additional 134 shares during the last quarter. Finally, Brighton Jones LLC grew its stake in shares of Amazon.com by 32.2% in the first quarter. Brighton Jones LLC now owns 173,971 shares of the e-commerce giant’s stock worth $154,232,000 after purchasing an additional 42,377 shares during the last quarter. Hedge funds and other institutional investors own 59.78% of the company’s stock.
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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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