Investors bought shares of Amazon.com Inc. (NASDAQ:AMZN) on weakness during trading on Tuesday. $437.38 million flowed into the stock on the tick-up and $413.07 million flowed out of the stock on the tick-down, for a money net flow of $24.31 million into the stock. Of all companies tracked, Amazon.com had the 15th highest net in-flow for the day. Amazon.com traded down ($4.02) for the day and closed at $735.59

AMZN has been the topic of a number of research reports. JPMorgan Chase & Co. set a $908.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 12th. Piper Jaffray Cos. restated a “buy” rating and set a $800.00 target price on shares of Amazon.com in a research report on Friday, July 8th. Cantor Fitzgerald restated a “buy” rating and set a $800.00 target price on shares of Amazon.com in a research report on Tuesday, July 5th. Vetr upgraded shares of Amazon.com from a “hold” rating to a “buy” rating and set a $744.13 target price on the stock in a research report on Monday, June 20th. Finally, Canaccord Genuity restated a “buy” rating and set a $765.00 target price on shares of Amazon.com in a research report on Sunday. Six investment analysts have rated the stock with a hold rating and forty-five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $816.08.

The firm has a market cap of $347.07 billion and a P/E ratio of 303.21. The stock’s 50-day moving average price is $726.91 and its 200 day moving average price is $637.82.

Amazon.com (NASDAQ:AMZN) last issued its 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. During the same period in the previous year, the company earned ($0.12) earnings per share. The firm earned $29.10 million during the quarter, compared to analyst estimates of $27.97 million. The business’s revenue for the quarter was up 28.2% on a year-over-year basis. On average, equities research analysts anticipate that Amazon.com Inc. will post $5.40 earnings per share for the current year.

In other Amazon.com news, CEO Jeffrey P. Bezos sold 1,000,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 82,839,882 shares of the company’s stock, valued at approximately $55,609,584,387.78. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 2,305 shares of the company’s stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $703.73, for a total value of $1,622,097.65. Following the completion of the transaction, the chief executive officer now directly owns 81,262 shares in the company, valued at $57,186,507.26. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Amazon.com by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 22,010,802 shares of the e-commerce giant’s stock valued at $14,876,881,000 after buying an additional 612,597 shares during the last quarter. Immersion Capital LLP purchased a new position in shares of Amazon.com during the fourth quarter valued at $159,683,000. Green Valley Investors LLC purchased a new position in shares of Amazon.com during the fourth quarter valued at $141,937,000. OppenheimerFunds Inc. raised its position in shares of Amazon.com by 18.6% in the fourth quarter. OppenheimerFunds Inc. now owns 791,470 shares of the e-commerce giant’s stock valued at $535,059,000 after buying an additional 124,093 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Amazon.com by 18.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 758,695 shares of the e-commerce giant’s stock valued at $512,871,000 after buying an additional 115,990 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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