Traders purchased shares of Amazon.com, Inc. (NASDAQ:AMZN) on weakness during trading hours on Friday following insider selling activity. $1,697.39 million flowed into the stock on the tick-up and $1,387.66 million flowed out of the stock on the tick-down, for a money net flow of $309.73 million into the stock. Of all stocks tracked, Amazon.com had the highest net in-flow for the day. Amazon.com traded down ($19.68) for the day and closed at $1,970.19Specifically, CEO Jeffrey A. Wilke sold 2,000 shares of the stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $1,981.72, for a total transaction of $3,963,440.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares in the company, valued at approximately $19,817,200. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Zapolsky sold 1,927 shares of the stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $1,899.96, for a total value of $3,661,222.92. Following the sale, the senior vice president now owns 3,161 shares of the company’s stock, valued at approximately $6,005,773.56. The disclosure for this sale can be found here. Insiders sold 25,308 shares of company stock valued at $47,905,498 over the last 90 days. 16.30% of the stock is currently owned by insiders.

AMZN has been the subject of a number of recent research reports. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Amazon.com in a research report on Tuesday, August 7th. Macquarie reiterated a “buy” rating on shares of Amazon.com in a research report on Wednesday, August 29th. ValuEngine downgraded Amazon.com from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. MKM Partners increased their price objective on Amazon.com from $1,840.00 to $2,215.00 and gave the company a “buy” rating in a research report on Wednesday, August 22nd. Finally, Piper Jaffray Companies increased their price objective on Amazon.com from $1,850.00 to $2,075.00 and gave the company an “overweight” rating in a research report on Tuesday, July 17th. One research analyst has rated the stock with a hold rating and fifty-one have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $1,976.73.

The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.78 and a current ratio of 1.07. The company has a market capitalization of $970.60 billion, a price-to-earnings ratio of 433.01, a price-to-earnings-growth ratio of 4.15 and a beta of 1.60.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.49 by $2.58. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The business had revenue of $52.89 billion for the quarter, compared to the consensus estimate of $53.37 billion. During the same period in the prior year, the business posted $0.40 earnings per share. Amazon.com’s revenue for the quarter was up 39.3% compared to the same quarter last year. equities research analysts predict that Amazon.com, Inc. will post 17.77 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Marcus Capital LLC increased its position in Amazon.com by 2.4% during the second quarter. Marcus Capital LLC now owns 1,171 shares of the e-commerce giant’s stock worth $1,990,000 after buying an additional 27 shares during the last quarter. Winthrop Advisory Group LLC increased its position in Amazon.com by 3.8% during the second quarter. Winthrop Advisory Group LLC now owns 744 shares of the e-commerce giant’s stock worth $1,265,000 after buying an additional 27 shares during the last quarter. AMI Investment Management Inc. increased its position in Amazon.com by 17.6% during the second quarter. AMI Investment Management Inc. now owns 180 shares of the e-commerce giant’s stock worth $306,000 after buying an additional 27 shares during the last quarter. BKD Wealth Advisors LLC increased its position in Amazon.com by 3.1% during the second quarter. BKD Wealth Advisors LLC now owns 943 shares of the e-commerce giant’s stock worth $1,603,000 after buying an additional 28 shares during the last quarter. Finally, Beaton Management Co. Inc. increased its position in Amazon.com by 2.8% during the second quarter. Beaton Management Co. Inc. now owns 1,024 shares of the e-commerce giant’s stock worth $1,740,000 after buying an additional 28 shares during the last quarter. 57.41% of the stock is currently owned by institutional investors and hedge funds.

About Amazon.com (NASDAQ:AMZN)

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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