Investors sold shares of Amazon.com Inc. (NASDAQ:AMZN) on strength during trading on Friday. $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. Bank of America Corp. reissued a “buy” rating and issued a $860.00 price target on shares of Amazon.com in a research report on Monday, August 15th. KeyCorp reissued an “overweight” rating and issued a $847.00 price target on shares of Amazon.com in a research report on Sunday, August 21st. JPMorgan Chase & Co. set a $908.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research report on Tuesday, July 12th. Piper Jaffray Cos. reissued a “buy” rating and issued a $800.00 price target on shares of Amazon.com in a research report on Friday, July 8th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $800.00 price target on shares of Amazon.com in a research report on Tuesday, July 5th. Seven 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 company currently has a consensus rating of “Buy” and an average price target of $852.39.

The stock has a market capitalization of $366.19 billion and a P/E ratio of 192.10. The company has a 50-day moving average of $758.45 and a 200 day moving average of $675.84.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 28th. The e-commerce giant reported $1.78 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.67. The firm earned $30.40 billion during the quarter, compared to analyst estimates of $29.54 billion. The firm’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 EPS. On average, equities analysts predict that Amazon.com Inc. will post $5.76 EPS for the current year.

In related news, CEO Jeffrey P. Bezos sold 1,000,000 shares of Amazon.com 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 completion of the transaction, the chief executive officer now directly owns 81,871,067 shares of the company’s stock, valued at $61,955,111,241.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Patricia Q. Stonesifer sold 6,250 shares of Amazon.com stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $726.27, for a total value of $4,539,187.50. Following the completion of the transaction, the director now directly owns 13,867 shares of the company’s stock, valued at $10,071,186.09. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have added to or reduced their stakes in AMZN. South Texas Money Management Ltd. boosted its position in 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 worth $1,323,000 after buying an additional 84 shares in the last quarter. United Capital Financial Advisers LLC boosted its position in Amazon.com by 1.2% in the fourth quarter. United Capital Financial Advisers LLC now owns 10,850 shares of the e-commerce giant’s stock worth $7,333,000 after buying an additional 133 shares in the last quarter. Stephens Inc. AR boosted its position in Amazon.com by 31.2% in the fourth quarter. Stephens Inc. AR now owns 5,344 shares of the e-commerce giant’s stock worth $3,612,000 after buying an additional 1,272 shares in the last quarter. Bbva Compass Bancshares Inc. boosted its position in Amazon.com by 6.5% in the fourth quarter. Bbva Compass Bancshares Inc. now owns 27,985 shares of the e-commerce giant’s stock worth $18,915,000 after buying an additional 1,712 shares in the last quarter. Finally, Private Capital Management Inc. acquired a new position in Amazon.com during the fourth quarter worth about $1,294,000.

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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