Amazon.com Inc. (NASDAQ:AMZN) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 5,832,031 shares, a growth of 29.2% from the September 15th total of 4,514,930 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average trading volume of 3,558,235 shares, the short-interest ratio is currently 1.6 days.

In related news, CEO Andrew R. Jassy sold 14,000 shares of the firm’s stock in a transaction on Thursday, September 22nd. The shares were sold at an average price of $800.00, for a total transaction of $11,200,000.00. Following the completion of the transaction, the chief executive officer now directly owns 68,141 shares of the company’s stock, valued at $54,512,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey P. Bezos sold 1,000,000 shares of the firm’s stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $756.74, for a total transaction of $756,740,000.00. Following the transaction, the chief executive officer now directly owns 81,871,067 shares of the company’s stock, valued at $61,955,111,241.58. The disclosure for this sale can be found here. Corporate insiders own 17.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of AMZN. Monetary Management Group Inc. increased its position in shares of Amazon.com by 1.0% in the first quarter. Monetary Management Group Inc. now owns 4,850 shares of the e-commerce giant’s stock worth $2,879,000 after buying an additional 50 shares during the last quarter. NN Investment Partners Holdings N.V. bought a new position in shares of Amazon.com during the first quarter worth approximately $96,403,000. Peapack Gladstone Financial Corp increased its position in shares of Amazon.com by 0.8% in the first quarter. Peapack Gladstone Financial Corp now owns 6,829 shares of the e-commerce giant’s stock worth $4,054,000 after buying an additional 53 shares during the last quarter. Sentry Investment Management LLC increased its position in shares of Amazon.com by 0.4% in the first quarter. Sentry Investment Management LLC now owns 29,734 shares of the e-commerce giant’s stock worth $17,651,000 after buying an additional 119 shares during the last quarter. Finally, BlackRock Japan Co. Ltd increased its position in shares of Amazon.com by 2.6% in the first quarter. BlackRock Japan Co. Ltd now owns 528,525 shares of the e-commerce giant’s stock worth $313,754,000 after buying an additional 13,178 shares during the last quarter. Hedge funds and other institutional investors own 65.44% of the company’s stock.

Amazon.com (NASDAQ:AMZN) opened at 822.96 on Friday. Amazon.com has a 1-year low of $474.00 and a 1-year high of $847.21. The firm has a market cap of $390.14 billion, a P/E ratio of 204.67 and a beta of 1.20. The stock’s 50 day moving average price is $800.02 and its 200 day moving average price is $726.41.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 28th. The e-commerce giant reported $1.78 EPS for the quarter, topping the Zacks’ consensus estimate of $1.11 by $0.67. The firm earned $30.40 billion during the quarter, compared to the consensus estimate of $29.54 billion. Amazon.com had a return on equity of 13.52% and a net margin of 1.60%. The firm’s revenue was up 31.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.19 EPS. Equities research analysts predict that Amazon.com will post $5.85 EPS for the current year.

AMZN has been the subject of a number of recent research reports. Needham & Company LLC reissued a “hold” rating on shares of Amazon.com in a research note on Monday, June 27th. Wedbush reissued an “outperform” rating and issued a $900.00 price objective on shares of Amazon.com in a research note on Friday, September 30th. Piper Jaffray Cos. reissued a “buy” rating and issued a $800.00 price objective on shares of Amazon.com in a research note on Sunday, July 31st. Pacific Crest reissued a “buy” rating and issued a $820.00 price objective on shares of Amazon.com in a research note on Friday, July 15th. Finally, Bank of America Corp. reissued a “buy” rating and issued a $840.00 price objective on shares of Amazon.com in a research note on Sunday, July 17th. Five investment analysts have rated the stock with a hold rating, forty-six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $894.98.

Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).

5 Day Chart for NASDAQ:AMZN

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