Amazon.com Inc. (NASDAQ:AMZN)’s share price reached a new 52-week high on Tuesday . The company traded as high as $772.60 and last traded at $770.00, with a volume of 1,138,775 shares. The stock had previously closed at $766.56.

A number of research firms have issued reports on AMZN. JPMorgan Chase & Co. set a $908.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a report on Tuesday, July 12th. Piper Jaffray Cos. reiterated a “buy” rating and set a $800.00 target price on shares of Amazon.com in a report on Friday, July 8th. Cantor Fitzgerald reiterated a “buy” rating and set a $800.00 target price on shares of Amazon.com in a 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 report on Monday, June 20th. Finally, Canaccord Genuity increased their target price on shares of Amazon.com from $765.00 to $825.00 and gave the stock a “buy” rating in a report on Sunday, July 24th. Eight investment analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $851.20.

The company has a 50 day moving average price of $740.13 and a 200-day moving average price of $650.67. The company has a market cap of $364.35 billion and a P/E ratio of 191.14.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 28th. The e-commerce giant reported $1.78 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.67. The company had revenue of $30.40 billion for the quarter, compared to analyst estimates of $29.54 billion. Amazon.com’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.19 earnings per share. Analysts anticipate that Amazon.com Inc. will post $5.74 earnings per share for the current fiscal year.

In related news, CFO Brian T. Olsavsky sold 4,510 shares of the company’s stock in a transaction on Monday, May 16th. The shares were sold at an average price of $703.60, for a total transaction of $3,173,236.00. Following the completion of the transaction, the chief financial officer now directly owns 296 shares in the company, valued at approximately $208,265.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jeffrey M. Blackburn sold 10,000 shares of the company’s stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $760.98, for a total transaction of $7,609,800.00. Following the transaction, the insider now owns 55,887 shares of the company’s stock, valued at $42,528,889.26. The disclosure for this sale can be found here.

A number of large investors have made changes to their positions in AMZN. Immersion Capital LLP acquired a new stake in shares of Amazon.com during the fourth quarter valued at about $159,683,000. Financial Counselors Inc. raised its stake in shares of Amazon.com by 12.1% in the fourth quarter. Financial Counselors Inc. now owns 4,390 shares of the e-commerce giant’s stock valued at $2,967,000 after buying an additional 473 shares during the period. BP PLC raised its stake in shares of Amazon.com by 3.6% in the fourth quarter. BP PLC now owns 57,000 shares of the e-commerce giant’s stock valued at $38,524,000 after buying an additional 2,000 shares during the period. Gulf International Bank UK Ltd raised its stake in shares of Amazon.com by 3.2% in the fourth quarter. Gulf International Bank UK Ltd now owns 118,208 shares of the e-commerce giant’s stock valued at $79,896,000 after buying an additional 3,625 shares during the period. Finally, FUKOKU MUTUAL LIFE INSURANCE Co raised its stake in shares of 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 valued at $1,281,000 after buying an additional 275 shares during the period.

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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