Amazon.com (NASDAQ:AMZN) Trading 0.5% Higher

Amazon.com, Inc. (NASDAQ:AMZN) shares rose 0.5% on Monday . The company traded as high as $183.53 and last traded at $180.47. Approximately 20,472,316 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 42,533,652 shares. The stock had previously closed at $179.62.

Wall Street Analyst Weigh In

AMZN has been the topic of several research analyst reports. The Goldman Sachs Group lifted their price target on Amazon.com from $200.00 to $220.00 and gave the company a "buy" rating in a research report on Friday, February 2nd. Telsey Advisory Group reiterated an "outperform" rating and issued a $200.00 price target on shares of Amazon.com in a research report on Thursday. Oppenheimer upped their price target on shares of Amazon.com from $200.00 to $210.00 and gave the company an "outperform" rating in a report on Friday, February 2nd. Moffett Nathanson reaffirmed a "buy" rating and issued a $228.00 price objective on shares of Amazon.com in a research note on Thursday, April 11th. Finally, 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 report on Tuesday, April 16th. One analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Amazon.com currently has an average rating of "Buy" and an average target price of $205.13.

Amazon.com Trading Up 0.7 %

The stock has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 62.23, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $177.99 and a two-hundred day moving average of $158.98.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share 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 business had revenue of $169.96 billion during the quarter, compared to analysts' expectations of $165.96 billion. During the same period in the previous year, the company earned $0.21 earnings per share. Amazon.com's revenue for the quarter was up 13.9% on a year-over-year basis. On average, research analysts expect that Amazon.com, Inc. will post 4.11 EPS for the current year.

Insider Activity

In related news, CEO Adam Selipsky sold 500 shares of the business's stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the transaction, the chief executive officer now owns 116,560 shares of the company's stock, valued at approximately $18,150,723.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Adam Selipsky sold 500 shares of the firm's stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total value of $77,860.00. Following the sale, the chief executive officer now owns 116,560 shares in the company, valued at $18,150,723.20. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Andrew R. Jassy sold 50,000 shares of the business's stock in a transaction on Friday, February 16th. The stock was sold at an average price of $168.65, for a total transaction of $8,432,500.00. Following the transaction, the chief executive officer now directly owns 2,014,055 shares in the company, valued at approximately $339,670,375.75. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,214,010 shares of company stock valued at $5,505,889,146. 10.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Amazon.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cooksen Wealth LLC acquired a new position in Amazon.com in the fourth quarter worth about $30,000. PayPay Securities Corp raised its holdings in shares of Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant's stock worth $34,000 after buying an additional 94 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of 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 worth $42,000 after buying an additional 86 shares during the period. Strid Group LLC acquired a new stake in Amazon.com in the 4th quarter valued at $43,000. Finally, Harbor Investment Advisory LLC raised its stake in Amazon.com by 0.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant's stock worth $46,000 after acquiring an additional 1,988 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

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.