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

The firm has a market cap of $364.56 billion and a P/E ratio of 191.25. The stock’s 50-day moving average price is $755.13 and its 200 day moving average price is $667.33.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 28th. The e-commerce giant reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.67. During the same period in the prior year, the company posted $0.19 earnings per share. The business earned $30.40 billion during the quarter, compared to analysts’ expectations of $29.54 billion. The firm’s revenue was up 31.1% on a year-over-year basis. On average, equities research analysts anticipate that Amazon.com Inc. will post $5.76 earnings per share for the current year.

In other Amazon.com news, Director Patricia Q. Stonesifer sold 6,250 shares of the company’s stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $726.27, for a total value of $4,539,187.50. Following the transaction, the director now directly owns 13,867 shares of the company’s stock, valued at approximately $10,071,186.09. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 value of $481,312.50. Following the completion of the transaction, the vice president now directly owns 6,519 shares in the company, valued at $5,020,281.90. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently modified their holdings of the company. Agran Libbie raised its position in shares of 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 last quarter. Montag A & Associates Inc. raised its position in shares of 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 last quarter. Parsons Capital Management Inc. RI raised its position in shares of Amazon.com by 3.5% in the fourth quarter. Parsons Capital Management Inc. RI now owns 11,591 shares of the e-commerce giant’s stock valued at $7,834,000 after buying an additional 388 shares during the last quarter. Whittier Trust Co. raised its position in shares of Amazon.com by 2.4% in the fourth quarter. Whittier Trust Co. now owns 27,510 shares of the e-commerce giant’s stock valued at $18,594,000 after buying an additional 648 shares during the last quarter. Finally, Andra AP fonden raised its position in shares of Amazon.com by 4.1% in the fourth quarter. Andra AP fonden now owns 17,600 shares of the e-commerce giant’s stock valued at $11,896,000 after buying an additional 700 shares during the last quarter.

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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