Investors sold shares of Amazon.com Inc. (NASDAQ:AMZN) on strength during trading hours on Thursday. $284.44 million flowed into the stock on the tick-up and $345.37 million flowed out of the stock on the tick-down, for a money net flow of $60.93 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 $1.97 for the day and closed at $759.22

A number of research firms have commented on AMZN. Wedbush lifted their target price on shares of Amazon.com from $700.00 to $775.00 and gave the stock an “outperform” rating in a research report on Friday, April 29th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Amazon.com in a research report on Saturday, April 30th. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Amazon.com in a research report on Saturday, April 30th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Amazon.com in a research report on Saturday, April 30th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $780.00 target price (up previously from $710.00) on shares of Amazon.com in a research report on Saturday, April 30th. Seven research analysts have rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $852.39.

The stock’s 50-day moving average is $754.23 and its 200-day moving average is $665.32. The company has a market cap of $359.93 billion and a price-to-earnings ratio of 188.81.

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, topping the consensus estimate of $1.11 by $0.67. The company had revenue of $30.40 billion for the quarter, compared to analysts’ expectations of $29.54 billion. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.19 EPS. On average, analysts predict that Amazon.com Inc. will post $5.76 EPS for the current year.

In related news, insider David Zapolsky sold 2,019 shares of the company’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of $769.67, for a total value of $1,553,963.73. Following the completion of the sale, the insider now owns 2,469 shares in the company, valued at approximately $1,900,315.23. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 625 shares of the company’s stock in a transaction on Monday, August 15th. The shares were 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 owns 6,519 shares of the company’s stock, valued at approximately $5,020,281.90. The disclosure for this sale can be found here.

A number of hedge funds have added to or reduced their stakes in the stock. Private Capital Management Inc. acquired a new stake in Amazon.com during the fourth quarter valued at approximately $1,294,000. Alta Park Capital LP acquired a new stake in Amazon.com during the fourth quarter valued at approximately $2,230,000. Pittenger & Anderson Inc. increased its stake in Amazon.com by 982.4% in the fourth quarter. Pittenger & Anderson Inc. now owns 3,745 shares of the e-commerce giant’s stock valued at $2,531,000 after buying an additional 3,399 shares during the period. Agran Libbie increased its stake in Amazon.com by 0.8% in the fourth quarter. Agran Libbie now owns 4,357 shares of the e-commerce giant’s stock valued at $2,945,000 after buying an additional 34 shares during the period. Finally, Montag A & Associates Inc. increased its stake in Amazon.com by 1.8% in the fourth quarter. Montag A & Associates Inc. now owns 4,651 shares of the e-commerce giant’s stock valued at $3,144,000 after buying an additional 83 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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