Amazon.com, Inc. (NASDAQ:AMZN) Director Judith A. Mcgrath sold 500 shares of the stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $1,905.00, for a total transaction of $952,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of AMZN traded down $4.30 during trading hours on Friday, hitting $1,882.22. 4,092,600 shares of the stock were exchanged, compared to its average volume of 5,070,122. Amazon.com, Inc. has a fifty-two week low of $931.75 and a fifty-two week high of $1,925.00. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The stock has a market cap 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 posted its quarterly earnings data on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share for the quarter, topping the Thomson Reuters’ 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 company had revenue of $52.89 billion during the quarter, compared to analysts’ expectations of $53.37 billion. During the same period in the prior year, the company posted $0.40 earnings per share. Amazon.com’s revenue for the quarter was up 39.3% compared to the same quarter last year. sell-side analysts anticipate that Amazon.com, Inc. will post 17.27 EPS for the current fiscal year.

Several brokerages recently commented on AMZN. Nomura reissued a “buy” rating on shares of Amazon.com in a research note on Friday, July 27th. Canaccord Genuity increased their price objective on shares of Amazon.com from $2,000.00 to $2,100.00 and gave the company a “buy” rating in a research note on Friday, July 27th. Oppenheimer reissued a “buy” rating on shares of Amazon.com in a research note on Friday. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research note on Friday. Finally, Morgan Stanley reissued a “buy” rating on shares of Amazon.com in a research note on Wednesday, July 11th. Two research analysts have rated the stock with a hold rating, fifty have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $1,933.51.

Institutional investors and hedge funds have recently bought and sold shares of the company. Ledyard National Bank grew its holdings in Amazon.com by 1.3% in the fourth quarter. Ledyard National Bank now owns 7,922 shares of the e-commerce giant’s stock worth $9,265,000 after purchasing an additional 100 shares during the period. FinTrust Investment Advisory Services LLC grew its holdings in Amazon.com by 16.0% in the fourth quarter. FinTrust Investment Advisory Services LLC now owns 930 shares of the e-commerce giant’s stock worth $1,088,000 after purchasing an additional 128 shares during the period. Sutton Square Management L.P. acquired a new stake in Amazon.com in the fourth quarter worth $9,707,000. Matisse Capital grew its holdings in Amazon.com by 12.9% in the fourth quarter. Matisse Capital now owns 613 shares of the e-commerce giant’s stock worth $717,000 after purchasing an additional 70 shares during the period. Finally, Dimension Capital Management LLC grew its holdings in Amazon.com by 14.8% in the fourth quarter. Dimension Capital Management LLC now owns 419 shares of the e-commerce giant’s stock worth $490,000 after purchasing an additional 54 shares during the period. Institutional investors own 57.13% of the company’s stock.

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

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