Amazon.com, Inc. (NASDAQ:AMZN) VP Shelley Reynolds sold 437 shares of Amazon.com stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $1,573.11, for a total transaction of $687,449.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of NASDAQ:AMZN traded down $81.12 during trading on Monday, hitting $1,512.29. 7,725,987 shares of the company were exchanged, compared to its average volume of 5,406,286. The company has a market capitalization of $779.13 billion, a PE ratio of 332.37, a P/E/G ratio of 3.05 and a beta of 1.70. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 0.63. Amazon.com, Inc. has a 12-month low of $1,122.55 and a 12-month high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $3.29 by $2.46. The business had revenue of $56.58 billion for the quarter, compared to analysts’ expectations of $57.05 billion. Amazon.com had a net margin of 4.03% and a return on equity of 24.35%. As a group, equities research analysts predict that Amazon.com, Inc. will post 19.37 EPS for the current fiscal year.

A number of research analysts recently issued reports on the stock. Zacks Investment Research reiterated a “buy” rating and issued a $1,714.00 price target on shares of Amazon.com in a research note on Monday, November 12th. BidaskClub upgraded shares of Amazon.com from a “sell” rating to a “hold” rating in a research note on Saturday, November 10th. Morgan Stanley reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, November 9th. Nomura reiterated a “buy” rating on shares of Amazon.com in a research note on Thursday, November 8th. Finally, William Blair reiterated an “outperform” rating on shares of Amazon.com in a research note on Monday, October 29th. Three analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $2,085.14.

Institutional investors have recently made changes to their positions in the company. JJJ Advisors Inc. acquired a new position in shares of Amazon.com in the 2nd quarter valued at $175,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Amazon.com by 31.1% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 82,285 shares of the e-commerce giant’s stock valued at $139,868,000 after acquiring an additional 19,500 shares during the period. Vista Equity Partners Management LLC increased its stake in Amazon.com by 44.3% in the 1st quarter. Vista Equity Partners Management LLC now owns 12,827 shares of the e-commerce giant’s stock valued at $18,565,000 after buying an additional 3,936 shares during the period. Steward Partners Investment Advisory LLC increased its stake in Amazon.com by 5.5% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 25,537 shares of the e-commerce giant’s stock valued at $43,408,000 after buying an additional 1,342 shares during the period. Finally, Buffington Mohr McNeal increased its stake in Amazon.com by 13.8% in the 2nd quarter. Buffington Mohr McNeal now owns 666 shares of the e-commerce giant’s stock valued at $1,132,000 after buying an additional 81 shares during the period. 56.12% of the stock is currently owned by institutional investors and hedge funds.

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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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