Traders bought shares of Amazon.com, Inc. (NASDAQ:AMZN) on weakness during trading hours on Thursday. $1,262.28 million flowed into the stock on the tick-up and $1,025.88 million flowed out of the stock on the tick-down, for a money net flow of $236.40 million into the stock. Of all companies tracked, Amazon.com had the 4th highest net in-flow for the day. Amazon.com traded down ($4.59) for the day and closed at $1,686.22

AMZN has been the subject of several research analyst reports. Royal Bank of Canada restated a “buy” rating on shares of Amazon.com in a research report on Friday, January 25th. Stifel Nicolaus reiterated a “buy” rating and set a $2,300.00 price target (down from $2,400.00) on shares of Amazon.com in a report on Friday, February 1st. BidaskClub downgraded shares of Amazon.com from a “hold” rating to a “sell” rating in a report on Saturday, December 22nd. Benchmark lowered their price target on shares of Amazon.com from $2,100.00 to $2,000.00 and set a “buy” rating for the company in a report on Wednesday, January 30th. Finally, Zacks Investment Research upgraded shares of Amazon.com from a “hold” rating to a “buy” rating and set a $1,543.00 price target for the company in a report on Monday, December 31st. Five equities research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and an average target price of $2,107.33.

The firm has a market cap of $821.83 billion, a price-to-earnings ratio of 83.72, a price-to-earnings-growth ratio of 2.33 and a beta of 1.62. The company has a quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 0.54.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, January 31st. The e-commerce giant reported $6.04 earnings per share for the quarter, beating the Zacks’ consensus estimate of $5.55 by $0.49. The business had revenue of $72.38 billion during the quarter, compared to the consensus estimate of $71.73 billion. Amazon.com had a return on equity of 27.02% and a net margin of 4.33%. During the same period in the prior year, the business posted $2.16 earnings per share. Equities research analysts forecast that Amazon.com, Inc. will post 26.72 EPS for the current fiscal year.

In other Amazon.com news, SVP Jeffrey M. Blackburn sold 2,055 shares of the company’s stock in a transaction on Friday, February 15th. The shares were sold at an average price of $1,616.34, for a total transaction of $3,321,578.70. Following the sale, the senior vice president now owns 46,596 shares of the company’s stock, valued at $75,314,978.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey A. Wilke sold 1,645 shares of the company’s stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $1,614.65, for a total transaction of $2,656,099.25. Following the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $16,146,500. The disclosure for this sale can be found here. Insiders have sold 5,075 shares of company stock worth $8,180,428 in the last ninety days. Insiders own 16.30% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Canandaigua National Bank & Trust Co. boosted its position in shares of Amazon.com by 13.5% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 680 shares of the e-commerce giant’s stock worth $1,156,000 after purchasing an additional 81 shares in the last quarter. Domani Wealth LLC boosted its position in shares of Amazon.com by 15.7% during the 2nd quarter. Domani Wealth LLC now owns 258 shares of the e-commerce giant’s stock worth $439,000 after purchasing an additional 35 shares in the last quarter. Fusion Family Wealth LLC boosted its position in shares of Amazon.com by 12.9% during the 2nd quarter. Fusion Family Wealth LLC now owns 368 shares of the e-commerce giant’s stock worth $626,000 after purchasing an additional 42 shares in the last quarter. South State Corp boosted its position in shares of Amazon.com by 0.6% during the 2nd quarter. South State Corp now owns 6,415 shares of the e-commerce giant’s stock worth $10,904,000 after purchasing an additional 37 shares in the last quarter. Finally, LLBH Private Wealth Management LLC boosted its position in shares of Amazon.com by 8.4% during the 2nd quarter. LLBH Private Wealth Management LLC now owns 1,288 shares of the e-commerce giant’s stock worth $2,189,000 after purchasing an additional 100 shares in the last quarter. 55.22% of the stock is currently owned by institutional investors and hedge funds.

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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 third-party sellers through physical stores and online stores.

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