Amazon.com, Inc. (NASDAQ:AMZN) CEO Andrew R. Jassy sold 1,726 shares of the business’s stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $1,900.00, for a total value of $3,279,400.00. Following the completion of the sale, the chief executive officer now directly owns 88,801 shares in the company, valued at approximately $168,721,900. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Shares of AMZN traded down $4.30 during trading hours on Friday, hitting $1,882.22. 4,092,600 shares of the stock traded hands, compared to its average volume of 5,070,122. 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 1-year low of $931.75 and a 1-year high of $1,925.00. The firm has a market capitalization of $920.03 billion, a PE ratio of 411.19, a price-to-earnings-growth ratio of 4.12 and a beta of 1.60.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.49 by $2.58. Amazon.com had a return on equity of 18.47% and a net margin of 3.02%. The business had revenue of $52.89 billion for the quarter, compared to analyst estimates of $53.37 billion. During the same quarter in the prior year, the firm posted $0.40 earnings per share. The firm’s revenue for the quarter was up 39.3% compared to the same quarter last year. analysts anticipate that Amazon.com, Inc. will post 17.27 EPS for the current year.

Several analysts recently commented on the company. Citigroup boosted their price target on Amazon.com to $1,900.00 and gave the company a “buy” rating in a research note on Friday, April 27th. Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $2,100.00 price target (up previously from $2,075.00) on shares of Amazon.com in a research note on Friday, July 27th. Cascend Securities assumed coverage on Amazon.com in a research note on Friday, May 4th. They issued a “buy” rating and a $1,800.00 price target on the stock. Macquarie reaffirmed a “buy” rating on shares of Amazon.com in a research note on Wednesday. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $1,950.00 price target (up previously from $1,800.00) on shares of Amazon.com in a research note on Friday, April 27th. Two research analysts have rated the stock with a hold rating, fifty have assigned a buy rating and one has issued a strong buy rating to the stock. Amazon.com currently has a consensus rating of “Buy” and a consensus price target of $1,933.51.

Several institutional investors and hedge funds have recently modified their holdings of the company. Guidant Wealth Advisors increased its holdings in Amazon.com by 657.4% in the second quarter. Guidant Wealth Advisors now owns 409 shares of the e-commerce giant’s stock valued at $100,000 after purchasing an additional 355 shares during the last quarter. Taylor Hoffman Wealth Management bought a new stake in Amazon.com in the fourth quarter valued at about $108,000. Santori & Peters Inc. bought a new stake in Amazon.com in the fourth quarter valued at about $121,000. Lee Financial Co increased its holdings in Amazon.com by 154.3% in the first quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock valued at $129,000 after purchasing an additional 54 shares during the last quarter. Finally, Point72 Asia Hong Kong Ltd bought a new stake in Amazon.com in the first quarter valued at about $145,000. 57.13% of the stock is currently owned by institutional investors and hedge funds.

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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