Amazon.com, Inc. (NASDAQ:AMZN) Director Daniel P. Huttenlocher sold 181 shares of the company’s stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $1,579.89, for a total value of $285,960.09. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

NASDAQ AMZN traded down $81.12 on Monday, reaching $1,512.29. The company had a trading volume of 7,725,987 shares, compared to its average volume of 5,406,286. The firm has a market capitalization of $779.13 billion, a P/E ratio of 332.37, a PEG ratio of 3.05 and a beta of 1.70. Amazon.com, Inc. has a 52-week low of $1,122.55 and a 52-week high of $2,050.50. 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 (NASDAQ:AMZN) last released its quarterly 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 during the quarter, compared to analyst estimates of $57.05 billion. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. As a group, sell-side analysts predict that Amazon.com, Inc. will post 19.37 EPS for the current fiscal year.

AMZN has been the topic of a number of research reports. Oppenheimer reaffirmed a “buy” rating and set a $2,020.00 target price (down from $2,130.00) on shares of Amazon.com in a research report on Monday, October 29th. Wells Fargo & Co reaffirmed a “buy” rating and set a $2,300.00 target price on shares of Amazon.com in a research report on Monday, October 1st. Deutsche Bank reaffirmed a “buy” rating on shares of Amazon.com in a research report on Tuesday, October 23rd. Credit Suisse Group upped their target price on Amazon.com from $2,100.00 to $2,400.00 and gave the stock an “outperform” rating in a research report on Monday, October 22nd. Finally, Barclays reaffirmed an “overweight” rating and set a $1,950.00 target price (down from $2,100.00) on shares of Amazon.com in a research report on Friday, October 26th. Three investment analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $2,085.14.

A number of large investors have recently made changes to their positions in AMZN. Guidant Wealth Advisors grew its stake in shares of Amazon.com by 657.4% during the 2nd quarter. Guidant Wealth Advisors now owns 409 shares of the e-commerce giant’s stock worth $100,000 after acquiring an additional 355 shares during the period. CLS Investments LLC grew its stake in shares of Amazon.com by 1,225.0% during the 3rd quarter. CLS Investments LLC now owns 53 shares of the e-commerce giant’s stock worth $106,000 after acquiring an additional 49 shares during the period. Spirit of America Management Corp NY bought a new position in shares of Amazon.com during the 3rd quarter worth $110,000. Lee Financial Co grew its stake in shares of Amazon.com by 154.3% during the 1st quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock worth $129,000 after acquiring an additional 54 shares during the period. Finally, Point72 Asia Hong Kong Ltd bought a new position in shares of Amazon.com during the 1st quarter worth $145,000. Hedge funds and other institutional investors own 56.12% of the company’s stock.

TRADEMARK VIOLATION WARNING: This story was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this story on another website, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The original version of this story can be read at https://www.dailypolitical.com/2018/11/19/daniel-p-huttenlocher-sells-181-shares-of-amazon-com-inc-amzn-stock.html.

Amazon.com Company Profile

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.

Featured Story: Insider Trading

Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.