Investors sold shares of Amazon.com Inc. (NASDAQ:AMZN) on strength during trading hours on Friday. $547.27 million flowed into the stock on the tick-up and $629.60 million flowed out of the stock on the tick-down, for a money net flow of $82.33 million out of the stock. Of all stocks tracked, Amazon.com had the 0th highest net out-flow for the day. Amazon.com traded up $9.78 for the day and closed at $769.00

AMZN has been the topic of a number of analyst reports. Oppenheimer Holdings Inc. set a $780.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Monday, May 9th. Goldman Sachs Group Inc. upped their target price on shares of Amazon.com from $720.00 to $800.00 and gave the company a “buy” rating in a research note on Friday, April 29th. Axiom Securities upped their target price on shares of Amazon.com from $797.00 to $811.00 and gave the company a “buy” rating in a research note on Friday, April 29th. Credit Suisse Group AG lowered their target price on shares of Amazon.com in a research note on Tuesday, May 10th. Finally, Cantor Fitzgerald reissued a “buy” rating on shares of Amazon.com in a research note on Sunday, August 14th. Seven investment analysts have rated the stock with a hold rating, forty-four have given a buy rating and one has given a strong buy rating to the company. Amazon.com presently has an average rating of “Buy” and an average target price of $852.39.

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

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 28th. The e-commerce giant reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.67. The business earned $30.40 billion during the quarter, compared to analysts’ expectations of $29.54 billion. The business’s revenue was up 31.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.19 EPS. Equities research analysts forecast that Amazon.com Inc. will post $5.76 EPS for the current year.

In other Amazon.com news, CEO Andrew R. Jassy sold 2,305 shares of the firm’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $769.75, for a total transaction of $1,774,273.75. Following the completion of the transaction, the chief executive officer now owns 84,446 shares of the company’s stock, valued at $65,002,308.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 625 shares of the firm’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of $770.10, for a total value of $481,312.50. Following the transaction, the vice president now directly 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 institutional investors have recently made changes to their positions in AMZN. Schwab Charles Investment Management Inc. raised its position in shares of 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 valued at $706,410,000 after buying an additional 45,740 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of 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 valued at $512,871,000 after buying an additional 115,990 shares in the last quarter. Schroder Investment Management Group raised its position in shares of Amazon.com by 3.9% in the fourth quarter. Schroder Investment Management Group now owns 674,410 shares of the e-commerce giant’s stock valued at $455,826,000 after buying an additional 25,116 shares in the last quarter. State of Tennessee Treasury Department raised its position in shares of Amazon.com by 2.9% in the fourth quarter. State of Tennessee Treasury Department now owns 324,407 shares of the e-commerce giant’s stock valued at $219,263,000 after buying an additional 9,224 shares in the last quarter. Finally, Westfield Capital Management Co. LP raised its position in shares of Amazon.com by 1.7% in the fourth quarter. Westfield Capital Management Co. LP now owns 288,023 shares of the e-commerce giant’s stock valued at $194,672,000 after buying an additional 4,746 shares in 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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