Shares of Amazon.com Inc. (NASDAQ:AMZN) gapped up before the market opened on Tuesday . The stock had previously closed at $758.33, but opened at $759.48. Amazon.com shares last traded at $761.97, with a volume of 880,740 shares trading hands.

A number of analysts have weighed in on the stock. Wedbush raised their price objective on shares of Amazon.com from $700.00 to $775.00 and gave the company an “outperform” rating in a research note on Friday, April 29th. Stifel Nicolaus reiterated a “buy” rating on shares of Amazon.com in a research note on Saturday, April 30th. Oppenheimer Holdings Inc. reiterated a “buy” rating on shares of Amazon.com in a research note on Saturday, April 30th. Royal Bank Of Canada reiterated a “buy” rating on shares of Amazon.com in a research note on Saturday, April 30th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $780.00 price target (up from $710.00) on shares of Amazon.com in a research note on Saturday, April 30th. Seven research 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 stock has a consensus rating of “Buy” and an average price target of $852.39.

The stock has a 50 day moving average price of $752.82 and a 200 day moving average price of $663.97. The firm has a market capitalization of $361.46 billion and a PE ratio of 189.62.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 28th. The e-commerce giant reported $1.78 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.11 by $0.67. During the same quarter last year, the company posted $0.19 earnings per share. The business had revenue of $30.40 billion for the quarter, compared to analysts’ expectations of $29.54 billion. The business’s quarterly revenue was up 31.1% compared to the same quarter last year. On average, analysts predict that Amazon.com Inc. will post $5.76 earnings per share for the current fiscal year.

In other Amazon.com news, VP Shelley Reynolds sold 625 shares of the company’s stock in a transaction dated Monday, August 15th. The stock was sold at an average price of $770.10, for a total transaction of $481,312.50. Following the completion of the sale, the vice president now directly owns 6,519 shares in the company, valued at $5,020,281.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey P. Bezos sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $756.74, for a total value of $756,740,000.00. Following the sale, the chief executive officer now owns 81,871,067 shares of the company’s stock, valued at $61,955,111,241.58. The disclosure for this sale can be found here.

A number of large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in 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 worth $512,871,000 after buying an additional 115,990 shares during the period. Rovida Advisors Inc. bought a new stake in Amazon.com during the fourth quarter worth about $42,376,000. Marshall Wace LLP raised its stake in Amazon.com by 87.4% in the fourth quarter. Marshall Wace LLP now owns 111,587 shares of the e-commerce giant’s stock worth $75,420,000 after buying an additional 52,030 shares during the period. Oakmont Corp bought a new stake in Amazon.com during the fourth quarter worth about $34,085,000. Finally, Schwab Charles Investment Management Inc. raised its stake in Amazon.com by 4.6% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,045,154 shares of the e-commerce giant’s stock worth $706,410,000 after buying an additional 45,740 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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