Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeffrey A. Wilke sold 1,000 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $1,809.20, for a total transaction of $1,809,200.00. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $18,092,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NASDAQ AMZN traded down $17.94 during mid-day trading on Thursday, reaching $1,805.60. 2,514,069 shares of the company were exchanged, compared to its average volume of 4,341,422. The company’s 50-day simple moving average is $1,896.37 and its 200-day simple moving average is $1,818.73. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $898.35 billion, a P/E ratio of 89.65, a P/E/G ratio of 2.30 and a beta of 1.55. Amazon.com, Inc. has a twelve month low of $1,307.00 and a twelve month high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.29 by ($0.07). The company had revenue of $63.40 billion for the quarter, compared to analyst estimates of $62.59 billion. Amazon.com had a return on equity of 26.27% and a net margin of 4.80%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.07 EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 24.52 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of AMZN. Headinvest LLC raised its stake in Amazon.com by 8.1% in the 2nd quarter. Headinvest LLC now owns 360 shares of the e-commerce giant’s stock worth $682,000 after purchasing an additional 27 shares in the last quarter. Farmers National Bank raised its stake in Amazon.com by 11.6% in the 2nd quarter. Farmers National Bank now owns 144 shares of the e-commerce giant’s stock worth $273,000 after purchasing an additional 15 shares in the last quarter. Kanawha Capital Management LLC raised its stake in Amazon.com by 82.2% in the 2nd quarter. Kanawha Capital Management LLC now owns 461 shares of the e-commerce giant’s stock worth $873,000 after purchasing an additional 208 shares in the last quarter. Salomon & Ludwin LLC raised its stake in Amazon.com by 208.3% in the 2nd quarter. Salomon & Ludwin LLC now owns 74 shares of the e-commerce giant’s stock worth $140,000 after purchasing an additional 50 shares in the last quarter. Finally, NewSquare Capital LLC raised its stake in Amazon.com by 35.3% in the 2nd quarter. NewSquare Capital LLC now owns 314 shares of the e-commerce giant’s stock worth $595,000 after purchasing an additional 82 shares in the last quarter. Institutional investors own 57.26% of the company’s stock.

Several equities research analysts have recently issued reports on AMZN shares. Bank of America reissued a “buy” rating and set a $2,350.00 price objective (up previously from $2,300.00) on shares of Amazon.com in a research report on Friday, July 26th. Zacks Investment Research downgraded shares of Amazon.com from a “buy” rating to a “hold” rating in a research report on Monday, April 29th. Deutsche Bank raised their target price on shares of Amazon.com from $2,315.00 to $2,515.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, July 29th. Finally, BidaskClub downgraded shares of Amazon.com from a “hold” rating to a “sell” rating in a research report on Wednesday, August 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and forty-two have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $2,251.95.

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 third-party sellers through physical stores and online stores.

Recommended Story: What is a death cross?

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.