Amazon.com, Inc. (NASDAQ:AMZN) CEO Adam Selipsky sold 500 shares of the firm's stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the transaction, the chief executive officer now directly owns 130,600 shares of the company's stock, valued at approximately $23,688,228. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Adam Selipsky also recently made the following trade(s):
- On Thursday, April 4th, Adam Selipsky sold 500 shares of Amazon.com stock. The stock was sold at an average price of $184.00, for a total value of $92,000.00.
- On Thursday, March 21st, Adam Selipsky sold 500 shares of Amazon.com stock. The stock was sold at an average price of $180.00, for a total value of $90,000.00.
- On Thursday, February 1st, Adam Selipsky sold 500 shares of Amazon.com stock. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00.
Amazon.com Stock Performance
NASDAQ:AMZN opened at $177.23 on Tuesday. The stock has a 50-day moving average price of $177.38 and a 200 day moving average price of $157.63. The stock has a market capitalization of $1.84 trillion, a P/E ratio of 61.11, a P/E/G ratio of 1.52 and a beta of 1.17. Amazon.com, Inc. has a 12-month low of $101.15 and a 12-month high of $189.77. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.
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Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The company had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. During the same period in the previous year, the firm posted $0.21 EPS. Amazon.com's revenue for the quarter was up 13.9% compared to the same quarter last year. Equities research analysts forecast that Amazon.com, Inc. will post 4.1 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on AMZN shares. JMP Securities increased their price target on shares of Amazon.com from $175.00 to $225.00 and gave the company an "outperform" rating in a report on Friday, February 2nd. Stifel Nicolaus lifted their target price on Amazon.com from $200.00 to $224.00 and gave the stock a "buy" rating in a report on Tuesday, April 16th. Raymond James boosted their price target on Amazon.com from $185.00 to $200.00 and gave the stock a "strong-buy" rating in a research note on Friday, February 2nd. UBS Group increased their price objective on Amazon.com from $180.00 to $198.00 and gave the company a "buy" rating in a research report on Friday, February 2nd. Finally, Robert W. Baird boosted their target price on Amazon.com from $185.00 to $205.00 and gave the stock an "outperform" rating in a research report on Friday, February 2nd. One research 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 company's stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of "Buy" and a consensus price target of $202.80.
Read Our Latest Stock Report on AMZN
Hedge Funds Weigh In On Amazon.com
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ridgecrest Wealth Partners LLC increased its holdings in shares of Amazon.com by 0.7% in the 1st quarter. Ridgecrest Wealth Partners LLC now owns 7,755 shares of the e-commerce giant's stock worth $1,399,000 after buying an additional 56 shares during the last quarter. Stordahl Capital Management Inc. grew its position in Amazon.com by 2.1% in the first quarter. Stordahl Capital Management Inc. now owns 2,763 shares of the e-commerce giant's stock worth $498,000 after acquiring an additional 56 shares in the last quarter. Echo45 Advisors LLC increased its stake in Amazon.com by 0.9% during the first quarter. Echo45 Advisors LLC now owns 6,619 shares of the e-commerce giant's stock worth $1,194,000 after acquiring an additional 59 shares during the last quarter. ShoreHaven Wealth Partners LLC raised its position in Amazon.com by 1.9% during the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant's stock valued at $491,000 after purchasing an additional 60 shares during the period. Finally, O Dell Group LLC boosted its holdings in shares of Amazon.com by 0.5% in the 4th quarter. O Dell Group LLC now owns 13,581 shares of the e-commerce giant's stock worth $2,064,000 after purchasing an additional 61 shares during the period. 72.20% of the stock is owned by institutional investors.
About Amazon.com
(
Get Free Report)
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.
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