Investors sold shares of Amazon.com Inc. (NASDAQ:AMZN) on strength during trading hours on Tuesday. $358.88 million flowed into the stock on the tick-up and $398.24 million flowed out of the stock on the tick-down, for a money net flow of $39.36 million out of the stock. Of all stocks tracked, Amazon.com had the 0th highest net out-flow for the day. Amazon.com traded up $1.75 for the day and closed at $768.31

AMZN has been the subject of several recent research reports. Citigroup Inc. reissued a “buy” rating on shares of Amazon.com in a research report on Tuesday, April 12th. Robert W. Baird reissued an “outperform” rating and issued a $710.00 price target on shares of Amazon.com in a research report on Tuesday, April 12th. Piper Jaffray Cos. reissued a “buy” rating and issued a $800.00 price target on shares of Amazon.com in a research report on Tuesday, April 12th. Sanford C. Bernstein reissued a “buy” rating and issued a $770.00 price target on shares of Amazon.com in a research report on Thursday, April 14th. Finally, Credit Suisse Group AG reaffirmed an “outperform” rating and set a $800.00 price objective on shares of Amazon.com in a research report on Monday, April 18th. Seven analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $851.24.

The firm has a 50 day moving average price of $738.63 and a 200 day moving average price of $649.82. The firm has a market cap of $364.24 billion and a P/E ratio of 191.07.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 28th. The e-commerce giant reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.67. The business had revenue of $30.40 billion for the quarter, compared to the consensus estimate of $29.54 billion. During the same period in the previous year, the business posted $0.19 EPS. Amazon.com’s revenue was up 31.1% compared to the same quarter last year. Equities analysts anticipate that Amazon.com Inc. will post $5.74 EPS for the current fiscal year.

In other news, CEO Jeffrey P. Bezos sold 1,000,000 shares of Amazon.com stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $756.74, for a total value of $756,740,000.00. Following the transaction, the chief executive officer now owns 81,871,067 shares of the company’s stock, valued at $61,955,111,241.58. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 2,305 shares of Amazon.com stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 81,262 shares in the company, valued at approximately $57,186,507.26. The disclosure for this sale can be found here.

Several institutional investors have recently added to or reduced their stakes in AMZN. FUKOKU MUTUAL LIFE INSURANCE Co raised its position in Amazon.com by 17.0% in the fourth quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,895 shares of the e-commerce giant’s stock worth $1,281,000 after buying an additional 275 shares in the last quarter. Davidson & Garrard Inc. raised its position in Amazon.com by 9.5% in the fourth quarter. Davidson & Garrard Inc. now owns 1,901 shares of the e-commerce giant’s stock worth $1,285,000 after buying an additional 165 shares in the last quarter. Private Capital Management Inc. purchased a new position in Amazon.com during the fourth quarter worth approximately $1,294,000. Mandatum Life Insurance Co Ltd purchased a new position in Amazon.com during the fourth quarter worth approximately $1,354,000. Finally, Matarin Capital Management LLC purchased a new position in Amazon.com during the fourth quarter worth approximately $1,605,000.

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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