Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $2,004.25, for a total value of $4,008,500.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $20,042,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of NASDAQ:AMZN traded down $6.24 during mid-day trading on Friday, hitting $1,952.07. 4,856,510 shares of the company traded hands, compared to its average volume of 4,522,250. The stock has a market cap of $955.15 billion, a price-to-earnings ratio of 429.03, a PEG ratio of 4.08 and a beta of 1.60. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. Amazon.com, Inc. has a 12-month low of $931.75 and a 12-month high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.49 by $2.58. The company had revenue of $52.89 billion for the quarter, compared to analysts’ expectations of $53.37 billion. Amazon.com had a return on equity of 18.47% and a net margin of 3.02%. Amazon.com’s quarterly revenue was up 39.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 earnings per share. equities research analysts expect that Amazon.com, Inc. will post 17.78 earnings per share for the current year.

Several large investors have recently made changes to their positions in AMZN. Guidant Wealth Advisors boosted its position in Amazon.com by 657.4% in the second quarter. Guidant Wealth Advisors now owns 409 shares of the e-commerce giant’s stock worth $100,000 after purchasing an additional 355 shares during the last quarter. Taylor Hoffman Wealth Management purchased a new position in Amazon.com in the fourth quarter worth $108,000. Santori & Peters Inc. purchased a new position in Amazon.com in the fourth quarter worth $121,000. Lee Financial Co boosted its position in Amazon.com by 154.3% in the first quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock worth $129,000 after purchasing an additional 54 shares during the last quarter. Finally, Point72 Asia Hong Kong Ltd purchased a new position in Amazon.com in the first quarter worth $145,000. 57.38% of the stock is currently owned by institutional investors.

AMZN has been the subject of a number of research analyst reports. BidaskClub downgraded Amazon.com from a “strong-buy” rating to a “buy” rating in a report on Monday, May 14th. Morgan Stanley reiterated a “buy” rating on shares of Amazon.com in a report on Friday, May 18th. MKM Partners boosted their price objective on Amazon.com to $1,840.00 and gave the company a “buy” rating in a report on Tuesday, May 29th. Oppenheimer restated a “buy” rating on shares of Amazon.com in a report on Friday, June 1st. Finally, SunTrust Banks restated a “buy” rating and set a $2,000.00 price objective (up previously from $1,900.00) on shares of Amazon.com in a report on Monday, June 4th. Two research analysts have rated the stock with a hold rating and fifty have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $1,963.87.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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