Amazon.com Inc. (NASDAQ:AMZN)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $757.34 and last traded at $749.51, with a volume of 2,342,081 shares changing hands. The stock had previously closed at $753.78.

Several equities analysts recently commented on the stock. Morgan Stanley reiterated a “buy” rating and set a $800.00 target price on shares of Amazon.com in a research note on Saturday, April 2nd. Oppenheimer Holdings Inc. lowered their price target on shares of Amazon.com from $700.00 to $660.00 and set an “outperform” rating on the stock in a report on Monday, March 21st. Wedbush boosted their price target on shares of Amazon.com from $700.00 to $775.00 and gave the company an “outperform” rating in a report on Friday, April 29th. Stifel Nicolaus reissued a “buy” rating on shares of Amazon.com in a report on Saturday, April 30th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Amazon.com in a report on Saturday, April 30th. Seven equities research analysts have rated the stock with a hold rating and forty-three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $799.90.

The company has a 50-day moving average price of $721.68 and a 200-day moving average price of $631.90. The company has a market cap of $350.39 billion and a P/E ratio of 306.11.

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

In other news, Director Patricia Q. Stonesifer sold 6,250 shares of the firm’s 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 directly owns 13,867 shares in the company, valued at approximately $10,071,186.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brian T. Olsavsky sold 4,510 shares of the firm’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $703.60, for a total value of $3,173,236.00. Following the sale, the chief financial officer now owns 296 shares in the company, valued at $208,265.60. The disclosure for this sale can be found here.

Other large investors have recently bought and sold shares of the company. MUFG Americas boosted its stake in Amazon.com by 19.2% in the third quarter. MUFG Americas now owns 12,706 shares of the e-commerce giant’s stock valued at $6,504,000 after buying an additional 2,045 shares during the last quarter. Everence Capital Management Inc. boosted its stake in Amazon.com by 30.6% in the fourth quarter. Everence Capital Management Inc. now owns 8,403 shares of the e-commerce giant’s stock valued at $5,680,000 after buying an additional 1,967 shares during the last quarter. ZWJ Investment Counsel Inc. boosted its stake in Amazon.com by 1.1% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,628 shares of the e-commerce giant’s stock valued at $1,100,000 after buying an additional 18 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Amazon.com by 142.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 35,976 shares of the e-commerce giant’s stock valued at $24,316,000 after buying an additional 21,114 shares during the last quarter. Finally, Bender Robert & Associates boosted its stake in Amazon.com by 0.6% in the fourth quarter. Bender Robert & Associates now owns 9,605 shares of the e-commerce giant’s stock valued at $6,492,000 after buying an additional 53 shares during the last quarter.

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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