Investors sold shares of Amazon.com Inc. (NASDAQ:AMZN) on strength during trading hours on Thursday. $381.35 million flowed into the stock on the tick-up and $435.00 million flowed out of the stock on the tick-down, for a money net flow of $53.65 million out of the stock. Of all companies tracked, Amazon.com had the 0th highest net out-flow for the day. Amazon.com traded up $2.68 for the day and closed at $771.24

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. set a $908.00 target price on shares of Amazon.com and gave the company 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 for the company in a research report on Monday, June 20th. Finally, Canaccord Genuity boosted their target price on shares of Amazon.com from $765.00 to $825.00 and gave the company a “buy” rating in a research report on Sunday, July 24th. Eight 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 currently has a consensus rating of “Buy” and an average price target of $851.20.

The stock’s 50 day moving average is $743.31 and its 200 day moving average is $652.79. The company has a market cap of $366.25 billion and a PE ratio of 192.13.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 28th. The e-commerce giant reported $1.78 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.11 by $0.67. The business had revenue of $30.40 billion for the quarter, compared to analyst estimates of $29.54 billion. The company’s revenue was up 31.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.19 EPS. Equities research analysts predict that Amazon.com Inc. will post $5.74 earnings per share for the current year.

In related news, CEO Andrew R. Jassy sold 2,305 shares of the company’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $703.73, for a total transaction of $1,622,097.65. Following the transaction, the chief executive officer now owns 81,262 shares of the company’s stock, valued at $57,186,507.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Shelley Reynolds sold 626 shares of the company’s stock in a transaction on Monday, May 16th. The stock was sold at an average price of $704.67, for a total value of $441,123.42. Following the transaction, the vice president now directly owns 6,520 shares in the company, valued at approximately $4,594,448.40. The disclosure for this sale can be found here.

A number of hedge funds have recently bought and sold shares of AMZN. Pekin Singer Strauss Asset Management IL raised its stake 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 valued at $2,646,000 after buying an additional 964 shares during the period. FineMark National Bank & Trust raised its stake 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 valued at $7,838,000 after buying an additional 168 shares during the period. Green Valley Investors LLC purchased a new stake in Amazon.com during the fourth quarter valued at $141,937,000. USA Financial Portformulas Corp raised its stake in Amazon.com by 23.6% in the fourth quarter. USA Financial Portformulas Corp now owns 19,125 shares of the e-commerce giant’s stock valued at $12,926,000 after buying an additional 3,648 shares during the period. Finally, Bailard Inc. raised its stake in Amazon.com by 147.0% in the fourth quarter. Bailard Inc. now owns 2,465 shares of the e-commerce giant’s stock valued at $1,666,000 after buying an additional 1,467 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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