Traders purchased shares of Amazon.com, Inc. (NASDAQ:AMZN) on weakness during trading hours on Tuesday. $778.32 million flowed into the stock on the tick-up and $704.42 million flowed out of the stock on the tick-down, for a money net flow of $73.90 million into the stock. Of all companies tracked, Amazon.com had the 9th highest net in-flow for the day. Amazon.com traded down ($12.98) for the day and closed at $965.27

Several research analysts recently issued reports on AMZN shares. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $1,100.00 target price (up from $970.00) on shares of Amazon.com in a research report on Monday, May 15th. Robert W. Baird raised Amazon.com from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. Vetr lowered Amazon.com from a “buy” rating to a “hold” rating and set a $1,000.35 target price on the stock. in a research report on Tuesday, May 16th. Loop Capital reaffirmed a “buy” rating and set a $1,100.00 target price on shares of Amazon.com in a research report on Friday, May 19th. Finally, Piper Jaffray Companies reissued an “overweight” rating on shares of Amazon.com in a report on Monday, May 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, forty-six have issued a buy rating and two have issued a strong buy rating to the stock. Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $1,092.58.

The company has a market cap of $464.91 billion, a price-to-earnings ratio of 246.13 and a beta of 1.47. The company’s 50-day moving average price is $986.32 and its 200-day moving average price is $944.11.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.40 by $1.00. The business had revenue of $37.96 billion for the quarter, compared to the consensus estimate of $37.18 billion. Amazon.com had a return on equity of 9.38% and a net margin of 1.28%. The company’s quarterly revenue was up 24.8% on a year-over-year basis. During the same period last year, the firm earned $1.78 earnings per share. Equities research analysts expect that Amazon.com, Inc. will post $3.95 EPS for the current fiscal year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 710 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of $985.25, for a total value of $699,527.50. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $9,852,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $955.20, for a total transaction of $2,674,560.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $9,552,000. The disclosure for this sale can be found here. Insiders sold 9,793 shares of company stock valued at $9,574,377 in the last ninety days. Insiders own 17.70% of the company’s stock.

Hedge funds have recently modified their holdings of the company. OLD Second National Bank of Aurora increased its position in shares of Amazon.com by 15.0% during the first quarter. OLD Second National Bank of Aurora now owns 115 shares of the e-commerce giant’s stock worth $102,000 after acquiring an additional 15 shares in the last quarter. Vestor Capital LLC increased its position in shares of Amazon.com by 10.1% during the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after acquiring an additional 10 shares in the last quarter. Clear Investment Research LLC increased its position in shares of Amazon.com by 73,100.0% during the second quarter. Clear Investment Research LLC now owns 732 shares of the e-commerce giant’s stock worth $107,000 after acquiring an additional 731 shares in the last quarter. WealthTrust Arizona LLC increased its position in shares of Amazon.com by 2.7% during the second quarter. WealthTrust Arizona LLC now owns 114 shares of the e-commerce giant’s stock worth $110,000 after acquiring an additional 3 shares in the last quarter. Finally, LeJeune Puetz Investment Counsel LLC bought a new stake in shares of Amazon.com during the second quarter worth $116,000. 60.80% of the stock is owned by institutional investors.

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Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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