Amazon.com Inc. (NASDAQ:AMZN) shares hit a new 52-week high on Tuesday . The stock traded as high as $757.34 and last traded at $749.51, with a volume of 2,342,081 shares. The stock had previously closed at $753.78.

Several research analysts recently weighed in on AMZN shares. Credit Suisse Group AG dropped their target price on shares of Amazon.com in a report on Tuesday, May 10th. Bank of America Corp. reaffirmed a “buy” rating and issued a $750.00 target price on shares of Amazon.com in a report on Monday, April 11th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $800.00 target price on shares of Amazon.com in a report on Monday, April 4th. Morgan Stanley reaffirmed a “buy” rating and issued a $800.00 target price on shares of Amazon.com in a report on Saturday, April 2nd. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $710.00 target price on shares of Amazon.com in a report on Friday, April 1st. Six investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $795.51.

The firm has a market cap of $355.49 billion and a PE ratio of 310.57. The firm has a 50 day moving average of $719.04 and a 200 day moving average of $630.22.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, April 28th. The e-commerce giant reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.49. The firm had revenue of $29.10 million for the quarter, compared to analysts’ expectations of $27.97 million. During the same quarter last year, the firm earned ($0.12) earnings per share. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. On average, analysts predict that Amazon.com Inc. will post $5.39 earnings per share for the current year.

In other news, CEO Andrew R. Jassy sold 2,305 shares of Amazon.com stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $703.73, for a total transaction of $1,622,097.65. Following the completion of the sale, the chief executive officer now directly owns 81,262 shares in the company, valued at $57,186,507.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Patricia Q. Stonesifer sold 6,250 shares of Amazon.com stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $726.27, for a total transaction of $4,539,187.50. Following the sale, the director now owns 13,867 shares of the company’s stock, valued at $10,071,186.09. The disclosure for this sale can be found here.

Several large investors have recently modified their holdings of AMZN. Paradigm Asset Management Co. LLC increased its stake in shares of Amazon.com by 327.8% in the fourth quarter. Paradigm Asset Management Co. LLC now owns 7,700 shares of the e-commerce giant’s stock worth $5,204,000 after buying an additional 5,900 shares during the period. Pekin Singer Strauss Asset Management IL increased its stake in shares of Amazon.com by 32.7% in the fourth quarter. Pekin Singer Strauss Asset Management IL now owns 3,915 shares of the e-commerce giant’s stock worth $2,646,000 after buying an additional 964 shares during the period. FineMark National Bank & Trust increased its stake in shares of Amazon.com by 1.5% in the fourth quarter. FineMark National Bank & Trust now owns 11,596 shares of the e-commerce giant’s stock worth $7,838,000 after buying an additional 168 shares during the period. Tdam USA Inc. increased its stake in shares of Amazon.com by 85.2% in the fourth quarter. Tdam USA Inc. now owns 3,032 shares of the e-commerce giant’s stock worth $2,049,000 after buying an additional 1,395 shares during the period. Finally, Green Valley Investors LLC purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $141,937,000.

Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).

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