Amazon.com, Inc. (NASDAQ:AMZN) – Stock analysts at KeyCorp issued their Q2 2018 EPS estimates for Amazon.com in a research note issued on Monday. KeyCorp analyst E. Yruma forecasts that the e-commerce giant will earn $1.45 per share for the quarter. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Amazon.com’s Q3 2018 earnings at $1.19 EPS.

AMZN has been the topic of several other research reports. Instinet lowered their price objective on shares of Amazon.com from $1,100.00 to $975.00 and set a “buy” rating on the stock in a research report on Friday, June 16th. Loop Capital restated a “buy” rating on shares of Amazon.com in a research report on Thursday, June 8th. Vetr cut shares of Amazon.com from a “strong-buy” rating to a “buy” rating and set a $1,132.46 price objective on the stock. in a research report on Tuesday, July 18th. J P Morgan Chase & Co restated a “buy” rating on shares of Amazon.com in a research report on Friday, July 28th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Amazon.com in a research report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, forty-five have given a buy rating and two have issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $1,080.08.

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Shares of Amazon.com (NASDAQ AMZN) opened at 967.59 on Wednesday. The stock has a 50 day moving average price of $993.73 and a 200 day moving average price of $935.81. Amazon.com has a 1-year low of $710.10 and a 1-year high of $1,083.31. The company has a market capitalization of $464.81 billion, a price-to-earnings ratio of 246.08 and a beta of 1.48.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share for the quarter, missing the consensus estimate of $1.40 by $1.00. Amazon.com had a net margin of 1.28% and a return on equity of 9.38%. The company had revenue of $37.96 billion during the quarter, compared to the consensus estimate of $37.18 billion. During the same quarter in the prior year, the company posted $1.78 earnings per share. The company’s revenue for the quarter was up 24.8% on a year-over-year basis.

In other news, VP Shelley Reynolds sold 544 shares of the stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $986.52, for a total value of $536,666.88. Following the sale, the vice president now owns 6,533 shares of the company’s stock, valued at $6,444,935.16. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,670 shares of the stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $1,010.64, for a total transaction of $2,698,408.80. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $10,106,400. The disclosure for this sale can be found here. In the last three months, insiders sold 14,463 shares of company stock worth $14,294,906. Insiders own 17.70% of the company’s stock.

Several large investors have recently made changes to their positions in AMZN. Griffin Asset Management Inc. purchased a new stake in shares of Amazon.com during the second quarter valued at $716,000. Achmea Investment Management B.V. increased its stake in shares of Amazon.com by 22.9% in the second quarter. Achmea Investment Management B.V. now owns 15,274 shares of the e-commerce giant’s stock valued at $14,782,000 after buying an additional 2,847 shares in the last quarter. United Bank VA purchased a new stake in shares of Amazon.com during the second quarter valued at $213,000. Paradigm Financial Advisors LLC increased its stake in shares of Amazon.com by 5.9% in the second quarter. Paradigm Financial Advisors LLC now owns 357 shares of the e-commerce giant’s stock valued at $346,000 after buying an additional 20 shares in the last quarter. Finally, Kimelman & Baird LLC increased its stake in shares of Amazon.com by 0.4% in the second quarter. Kimelman & Baird LLC now owns 28,451 shares of the e-commerce giant’s stock valued at $27,541,000 after buying an additional 127 shares in the last quarter. 60.79% of the stock is currently owned by institutional investors and hedge funds.

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.

Earnings History and Estimates for Amazon.com (NASDAQ:AMZN)

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