Investors sold shares of Amazon.com Inc. (NASDAQ:AMZN) on strength during trading hours on Thursday. $341.38 million flowed into the stock on the tick-up and $414.57 million flowed out of the stock on the tick-down, for a money net flow of $73.19 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 $1.46 for the day and closed at $770.62

Several brokerages have commented on AMZN. Jefferies Group restated a “buy” rating on shares of Amazon.com in a report on Saturday, June 4th. Cantor Fitzgerald restated a “buy” rating on shares of Amazon.com in a report on Saturday, June 4th. JMP Securities restated a “buy” rating and issued a $775.00 price objective on shares of Amazon.com in a report on Saturday, July 9th. Deutsche Bank AG restated a “buy” rating and issued a $900.00 price objective on shares of Amazon.com in a report on Sunday, July 10th. Finally, Bank of America Corp. restated a “buy” rating and issued a $840.00 price objective on shares of Amazon.com in a report on Sunday, July 17th. Seven research analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the company. Amazon.com has a consensus rating of “Buy” and an average target price of $852.39.

The firm has a 50 day moving average of $757.58 and a 200 day moving average of $675.15. The firm has a market cap of $365.33 billion and a price-to-earnings ratio of 191.65.

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 the Thomson Reuters’ consensus estimate of $1.11 by $0.67. During the same quarter in the prior year, the company earned $0.19 earnings per share. The firm had revenue of $30.40 billion for the quarter, compared to analyst estimates of $29.54 billion. The business’s revenue was up 31.1% compared to the same quarter last year. On average, equities research analysts forecast that Amazon.com Inc. will post $5.76 earnings per share for the current fiscal 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 transaction of $4,539,187.50. Following the completion of the sale, the director now directly owns 13,867 shares in the company, valued at $10,071,186.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew R. Jassy sold 2,305 shares of the company’s stock in a transaction dated Monday, August 15th. The stock was sold at an average price of $769.75, for a total value of $1,774,273.75. Following the sale, the chief executive officer now owns 84,446 shares of the company’s stock, valued at $65,002,308.50. The disclosure for this sale can be found here.

A number of large investors have recently made changes to their positions in AMZN. Private Capital Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $1,294,000. South Texas Money Management Ltd. raised its stake in shares of Amazon.com by 4.5% in the fourth quarter. South Texas Money Management Ltd. now owns 1,957 shares of the e-commerce giant’s stock valued at $1,323,000 after buying an additional 84 shares in the last quarter. Alta Park Capital LP purchased a new stake in shares of Amazon.com during the fourth quarter valued at approximately $2,230,000. Stephens Inc. AR raised its stake in shares of Amazon.com by 31.2% in the fourth quarter. Stephens Inc. AR now owns 5,344 shares of the e-commerce giant’s stock valued at $3,612,000 after buying an additional 1,272 shares in the last quarter. Finally, Calvert Investment Management Inc. raised its stake in shares of Amazon.com by 39.1% in the fourth quarter. Calvert Investment Management Inc. now owns 22,876 shares of the e-commerce giant’s stock valued at $15,462,000 after buying an additional 6,427 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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