Amazon.com (NASDAQ:AMZN) Trading Up 0.1%

Amazon.com, Inc. (NASDAQ:AMZN) traded up 0.1% on Monday . The stock traded as high as $178.87 and last traded at $174.86. 12,088,737 shares were traded during trading, a decline of 72% from the average session volume of 42,580,102 shares. The stock had previously closed at $174.63.

Analyst Ratings Changes

A number of brokerages have commented on AMZN. Benchmark upped their price target on Amazon.com from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. The Goldman Sachs Group raised their target price on shares of Amazon.com from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $205.00 price target on shares of Amazon.com in a research report on Thursday, April 18th. Monness Crespi & Hardt increased their price objective on shares of Amazon.com from $170.00 to $215.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and an average target price of $203.13.

Amazon.com Trading Up 1.3 %

The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The stock has a market cap of $1.87 trillion, a PE ratio of 61.91, a PEG ratio of 1.52 and a beta of 1.17. The company’s fifty day moving average is $177.60 and its 200-day moving average is $157.99.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business had revenue of $169.96 billion during the quarter, compared to analyst estimates of $165.96 billion. During the same quarter last year, the business posted $0.21 EPS. The company’s revenue was up 13.9% on a year-over-year basis. On average, analysts predict that Amazon.com, Inc. will post 4.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the sale, the chief executive officer now owns 116,560 shares of the company’s stock, valued at approximately $18,150,723.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the completion of the transaction, the chief executive officer now owns 116,560 shares in the company, valued at $18,150,723.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 3,500 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $180.73, for a total transaction of $632,555.00. Following the sale, the chief executive officer now directly owns 512,858 shares in the company, valued at $92,688,826.34. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,214,010 shares of company stock valued at $5,505,889,146. 10.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amazon.com

A number of institutional investors have recently added to or reduced their stakes in AMZN. Norges Bank acquired a new stake in Amazon.com during the fourth quarter worth about $17,700,551,000. Vanguard Group Inc. increased its stake in Amazon.com by 4.4% during the third quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after acquiring an additional 32,038,029 shares during the last quarter. International Assets Investment Management LLC raised its position in Amazon.com by 16,029.3% in the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock valued at $36,260,810,000 after purchasing an additional 23,717,254 shares during the period. FMR LLC increased its position in shares of Amazon.com by 7.7% during the 3rd quarter. FMR LLC now owns 302,101,441 shares of the e-commerce giant’s stock worth $38,403,135,000 after purchasing an additional 21,649,871 shares during the last quarter. Finally, Jennison Associates LLC raised its holdings in Amazon.com by 28.4% in the 3rd quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant’s stock valued at $6,989,254,000 after buying an additional 12,176,114 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.