Amazon.com, Inc. (NASDAQ:AMZN) Short Interest Update

Amazon.com, Inc. (NASDAQ:AMZN) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 75,730,000 shares, an increase of 7.3% from the March 31st total of 70,550,000 shares. Based on an average trading volume of 42,200,000 shares, the short-interest ratio is presently 1.8 days.

Insider Buying and Selling

In related news, CEO Adam Selipsky sold 500 shares of the business's stock in a transaction dated 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 directly owns 130,600 shares in the company, valued at $23,688,228. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Jeffrey P. Bezos sold 2,009,208 shares of the stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $166.79, for a total value of $335,115,802.32. Following the transaction, the insider now owns 938,251,817 shares in the company, valued at approximately $156,491,020,557.43. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Adam Selipsky sold 500 shares of the company's stock in a transaction 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 completion of the transaction, the chief executive officer now owns 130,600 shares of the company's stock, valued at approximately $23,688,228. The disclosure for this sale can be found here. Insiders have sold a total of 32,214,010 shares of company stock valued at $5,505,889,146 over the last ninety days. Company insiders own 10.80% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Ridgecrest Wealth Partners LLC raised its stake in Amazon.com by 0.7% during the first quarter. Ridgecrest Wealth Partners LLC now owns 7,755 shares of the e-commerce giant's stock worth $1,399,000 after acquiring an additional 56 shares during the period. Stordahl Capital Management Inc. lifted its holdings 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 purchasing an additional 56 shares during the period. Echo45 Advisors LLC increased its stake in shares of Amazon.com by 0.9% during the first quarter. Echo45 Advisors LLC now owns 6,619 shares of the e-commerce giant's stock valued at $1,194,000 after acquiring an additional 59 shares during the period. ShoreHaven Wealth Partners LLC lifted its holdings in shares of Amazon.com by 1.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 3,234 shares of the e-commerce giant's stock valued at $491,000 after buying an additional 60 shares during the period. Finally, Boyd Wealth Management LLC boosted its position in shares of Amazon.com by 1.7% during the 1st quarter. Boyd Wealth Management LLC now owns 3,655 shares of the e-commerce giant's stock valued at $659,000 after purchasing an additional 60 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent research reports. DA Davidson restated a "buy" rating and issued a $235.00 price objective on shares of Amazon.com in a research report on Thursday, April 18th. Benchmark reissued a "buy" rating and issued a $200.00 target price on shares of Amazon.com in a research note on Wednesday, April 24th. Stifel Nicolaus boosted their target price on shares of Amazon.com from $200.00 to $224.00 and gave the stock a "buy" rating in a research report on Tuesday, April 16th. Wolfe Research raised their price objective on Amazon.com from $195.00 to $205.00 and gave the company an "outperform" rating in a research note on Friday, February 2nd. Finally, JMP Securities reiterated a "market outperform" rating and issued a $225.00 price target on shares of Amazon.com in a research note on Wednesday, April 24th. One analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $205.13.

Amazon.com Price Performance

Amazon.com stock traded down $5.96 on Tuesday, reaching $175.00. The company's stock had a trading volume of 90,770,719 shares, compared to its average volume of 43,548,449. Amazon.com has a twelve month low of $101.15 and a twelve month high of $189.77. The business's fifty day moving average price is $178.22 and its 200 day moving average price is $159.32. 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 market cap of $1.82 trillion, a price-to-earnings ratio of 62.30, a PEG ratio of 1.55 and a beta of 1.17.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $165.96 billion. During the same period in the prior year, the business earned $0.21 earnings per share. Amazon.com's quarterly revenue was up 13.9% on a year-over-year basis. Equities analysts expect that Amazon.com will post 4.11 earnings per share for the current fiscal year.

About Amazon.com

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.