Amazon.com, Inc. (NASDAQ:AMZN) CEO Adam Selipsky sold 500 shares of the stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total transaction of $90,690.00. Following the transaction, the chief executive officer now owns 130,600 shares in the company, valued at approximately $23,688,228. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Adam Selipsky also recently made the following trade(s):
- On Thursday, April 4th, Adam Selipsky sold 500 shares of Amazon.com stock. The shares were 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 shares were 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 stock was sold at an average price of $155.72, for a total transaction of $77,860.00.
Amazon.com Stock Performance
Shares of NASDAQ AMZN traded up $2.60 during mid-day trading on Monday, hitting $177.23. The stock had a trading volume of 37,861,625 shares, compared to its average volume of 42,924,973. The firm has a market cap of $1.84 trillion, a PE ratio of 61.11, a PEG ratio of 1.52 and a beta of 1.17. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The company has a 50 day moving average of $177.38 and a two-hundred day moving average of $157.63. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77.
Amazon.com (NASDAQ:AMZN - Get Free Report) last announced 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. The business had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company's revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.21 earnings per share. Research analysts predict that Amazon.com, Inc. will post 4.1 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research analysts have weighed in on AMZN shares. Roth Mkm reiterated a "buy" rating and issued a $205.00 price target on shares of Amazon.com in a research report on Tuesday, April 16th. Wedbush reissued an "outperform" rating and set a $220.00 price target on shares of Amazon.com in a report on Wednesday, April 10th. Monness Crespi & Hardt lifted their price objective on Amazon.com from $170.00 to $215.00 and gave the company a "buy" rating in a research report on Friday, February 2nd. Wells Fargo & Company boosted their price objective on Amazon.com from $211.00 to $217.00 and gave the company an "overweight" rating in a research note on Monday, April 1st. Finally, Canaccord Genuity Group lifted their price target on shares of Amazon.com from $185.00 to $200.00 and gave the company a "buy" rating in a report on Friday, February 2nd. One research 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 company. According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $202.80.
Check Out Our Latest Stock Analysis on AMZN
Institutional Trading of Amazon.com
Large investors have recently made changes to their positions in the business. Norges Bank acquired a new position in Amazon.com in the fourth quarter valued at approximately $17,700,551,000. Vanguard Group Inc. increased its holdings in Amazon.com by 4.4% in the third quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant's stock valued at $96,350,832,000 after buying an additional 32,038,029 shares in the last quarter. International Assets Investment Management LLC boosted its position in Amazon.com by 16,029.3% during the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant's stock worth $36,260,810,000 after purchasing an additional 23,717,254 shares in the last quarter. FMR LLC raised its stake 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 buying an additional 21,649,871 shares during the period. Finally, Jennison Associates LLC lifted its holdings in Amazon.com by 28.4% during the third quarter. Jennison Associates LLC now owns 54,981,548 shares of the e-commerce giant's stock valued at $6,989,254,000 after purchasing an additional 12,176,114 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Amazon.com Company Profile
(
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.
Recommended Stories
Before you consider Amazon.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.
While Amazon.com currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
