Traders purchased shares of Amazon.com, Inc. (NASDAQ:AMZN) on weakness during trading on Thursday. $2,643.81 million flowed into the stock on the tick-up and $2,337.25 million flowed out of the stock on the tick-down, for a money net flow of $306.56 million into the stock. Of all stocks tracked, Amazon.com had the highest net in-flow for the day. Amazon.com traded down ($3.20) for the day and closed at $1,656.22

Several equities analysts have commented on the stock. JPMorgan Chase & Co. reissued a “buy” rating on shares of Amazon.com in a research report on Wednesday. Bank of America reissued a “buy” rating and set a $2,100.00 target price (up previously from $2,000.00) on shares of Amazon.com in a research report on Wednesday. Pivotal Research assumed coverage on shares of Amazon.com in a research report on Monday, January 7th. They set a “buy” rating and a $1,920.00 target price on the stock. Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a research report on Monday, January 7th. Finally, BidaskClub raised shares of Amazon.com from a “sell” rating to a “hold” rating in a research report on Friday, January 4th. Three research analysts have rated the stock with a hold rating and forty-seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $2,087.85.

The stock has a market cap of $811.40 billion, a P/E ratio of 360.56, a price-to-earnings-growth ratio of 2.33 and a beta of 1.66. 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 firm had revenue of $56.58 billion during the quarter, compared to analyst estimates of $57.05 billion. Amazon.com had a net margin of 4.03% and a return on equity of 24.35%. As a group, analysts forecast that Amazon.com, Inc. will post 19.5 EPS for the current year.

In related news, CEO Jeffrey A. Wilke sold 1,230 shares of the company’s stock in a transaction on Tuesday, November 20th. The shares were sold at an average price of $1,506.94, for a total value of $1,853,536.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew R. Jassy sold 1,726 shares of the company’s stock in a transaction on Thursday, November 15th. The stock was sold at an average price of $1,566.69, for a total transaction of $2,704,106.94. The disclosure for this sale can be found here. Insiders have sold a total of 23,842 shares of company stock valued at $38,549,801 over the last 90 days. Company insiders own 16.30% of the company’s stock.

A number of large investors have recently made changes to their positions in AMZN. Edge Wealth Management LLC boosted its position in Amazon.com by 7.3% during the fourth quarter. Edge Wealth Management LLC now owns 2,328 shares of the e-commerce giant’s stock valued at $3,497,000 after buying an additional 159 shares during the period. Pure Financial Advisors Inc. boosted its position in Amazon.com by 3.4% during the fourth quarter. Pure Financial Advisors Inc. now owns 725 shares of the e-commerce giant’s stock valued at $1,089,000 after buying an additional 24 shares during the period. Global Trust Asset Management LLC boosted its position in Amazon.com by 113.7% during the fourth quarter. Global Trust Asset Management LLC now owns 218 shares of the e-commerce giant’s stock valued at $327,000 after buying an additional 116 shares during the period. Sound Income Strategies LLC boosted its position in Amazon.com by 11.1% during the fourth quarter. Sound Income Strategies LLC now owns 220 shares of the e-commerce giant’s stock valued at $330,000 after buying an additional 22 shares during the period. Finally, Abner Herrman & Brock LLC boosted its position in Amazon.com by 0.6% during the fourth quarter. Abner Herrman & Brock LLC now owns 2,375 shares of the e-commerce giant’s stock valued at $3,567,000 after buying an additional 14 shares during the period. Institutional investors own 55.57% of the company’s stock.

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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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