Amazon.com, Inc. (NASDAQ:AMZN) Director Keith Brian Alexander sold 1,000 shares of the firm's stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $186.22, for a total transaction of $186,220.00. Following the completion of the sale, the director now owns 4,760 shares of the company's stock, valued at approximately $886,407.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Amazon.com Stock Down 0.4 %
Shares of Amazon.com stock opened at $188.00 on Thursday. The stock has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 52.66, a PEG ratio of 1.35 and a beta of 1.15. Amazon.com, Inc. has a twelve month low of $105.16 and a twelve month high of $189.94. The company has a current ratio of 1.07, a quick ratio of 0.87 and a debt-to-equity ratio of 0.27. The business's 50 day simple moving average is $179.60 and its 200-day simple moving average is $161.63.
Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.15. The business had revenue of $143.31 billion for the quarter, compared to analysts' expectations of $142.65 billion. Amazon.com had a net margin of 6.38% and a return on equity of 19.86%. The company's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS. Equities research analysts forecast that Amazon.com, Inc. will post 4.67 earnings per share for the current year.
Analyst Ratings Changes
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A number of analysts recently weighed in on the company. BMO Capital Markets lifted their price target on Amazon.com from $215.00 to $220.00 and gave the company an "outperform" rating in a research note on Wednesday, May 1st. Argus upped their price target on shares of Amazon.com from $185.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, May 2nd. Robert W. Baird raised their price objective on shares of Amazon.com from $205.00 to $210.00 and gave the company an "outperform" rating in a research note on Wednesday, May 1st. TD Cowen upped their target price on shares of Amazon.com from $200.00 to $225.00 and gave the stock an "outperform" rating in a research report on Friday, February 2nd. Finally, Raymond James upped their price target on Amazon.com from $200.00 to $205.00 and gave the stock a "strong-buy" rating in a report on Wednesday, May 1st. One analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $211.62.
Read Our Latest Report on AMZN
Institutional Trading of Amazon.com
Several large investors have recently added to or reduced their stakes in AMZN. Cooksen Wealth LLC acquired a new stake in Amazon.com in the fourth quarter worth about $30,000. PayPay Securities Corp lifted its position in Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant's stock worth $34,000 after purchasing an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. boosted its stake in Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant's stock valued at $42,000 after purchasing an additional 86 shares in the last quarter. Strid Group LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at $43,000. Finally, Harbor Investment Advisory LLC raised its stake in shares of Amazon.com by 0.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant's stock worth $46,000 after buying an additional 1,988 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
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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