Investors bought shares of Amazon.com Inc. (NASDAQ:AMZN) on weakness during trading on Friday. $756.75 million flowed into the stock on the tick-up and $536.96 million flowed out of the stock on the tick-down, for a money net flow of $219.79 million into the stock. Of all stocks tracked, Amazon.com had the 4th highest net in-flow for the day. Amazon.com traded down ($5.76) for the day and closed at $735.44

A number of research firms have issued reports on AMZN. Morgan Stanley reissued a “buy” rating and issued a $800.00 price objective on shares of Amazon.com in a report on Saturday, April 2nd. Oppenheimer Holdings Inc. cut their price objective on shares of Amazon.com from $700.00 to $660.00 and set an “outperform” rating for the company in a report on Monday, March 21st. Wedbush boosted their price objective 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 analysts have rated the stock with a hold rating and forty-three have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $799.90.

The company has a 50-day moving average of $723.25 and a 200 day moving average of $633.13. The stock has a market cap of $347.00 billion and a P/E ratio of 303.15.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, April 28th. The e-commerce giant reported $1.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.49. The business earned $29.10 million during the quarter, compared to the consensus estimate of $27.97 million. During the same quarter in the previous year, the company earned ($0.12) earnings per share. The company’s revenue for the quarter was up 28.2% compared to the same quarter last year. On average, analysts anticipate that Amazon.com Inc. will post $5.31 EPS for the current year.

In other Amazon.com news, Director Patricia Q. Stonesifer sold 6,250 shares of the company’s stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $726.27, for a total value of $4,539,187.50. Following the completion of the transaction, the director now directly owns 13,867 shares in the company, valued at approximately $10,071,186.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey P. Bezos sold 1,000,000 shares of the company’s stock in a transaction that occurred on Thursday, May 5th. The stock was sold at an average price of $671.29, for a total value of $671,290,000.00. Following the completion of the transaction, the chief executive officer now owns 82,839,882 shares of the company’s stock, valued at $55,609,584,387.78. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have recently bought and sold shares of AMZN. Paradigm Asset Management Co. LLC increased its position in 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 in the last quarter. Pekin Singer Strauss Asset Management IL increased its position in 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 in the last quarter. FineMark National Bank & Trust increased its position in 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 in the last quarter. Tdam USA Inc. increased its position in 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 in the last quarter. Finally, Green Valley Investors LLC purchased a new position in 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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