Amazon.com, Inc. (NASDAQ:AMZN) Director Keith Brian Alexander sold 1,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $186.22, for a total value of $186,220.00. Following the completion of the sale, the director now directly owns 4,760 shares in the company, valued at $886,407.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Amazon.com Price Performance
Shares of Amazon.com stock traded down $0.76 during trading hours on Wednesday, hitting $188.00. The company’s stock had a trading volume of 25,775,471 shares, compared to its average volume of 43,832,520. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.87 and a current ratio of 1.07. Amazon.com, Inc. has a 12-month low of $105.16 and a 12-month high of $189.94. The business has a 50 day moving average price of $179.60 and a two-hundred day moving average price of $161.63. The company has a market cap of $1.96 trillion, a PE ratio of 52.66, a PEG ratio of 1.35 and a beta of 1.15.
Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.15. The business had revenue of $143.31 billion during the quarter, compared to the consensus estimate of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.31 EPS. Analysts expect that Amazon.com, Inc. will post 4.67 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Amazon.com
Analysts Set New Price Targets
A number of brokerages recently issued reports on AMZN. Monness Crespi & Hardt upped their price target on shares of Amazon.com from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. BMO Capital Markets increased their price target on shares of Amazon.com from $215.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. Roth Mkm reissued a “buy” rating and set a $210.00 price target (up previously from $205.00) on shares of Amazon.com in a research report on Wednesday, May 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $205.00 price objective on shares of Amazon.com in a research report on Wednesday, May 1st. Finally, JMP Securities reissued a “market outperform” rating and issued a $225.00 target price on shares of Amazon.com in a report on Wednesday, May 1st. One research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Amazon.com has a consensus rating of “Buy” and an average target price of $211.62.
Check Out Our Latest Analysis on AMZN
Amazon.com Company Profile
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
Read More
- Five stocks we like better than Amazon.com
- Best Stocks Under $5.00
- Lucid’s Stock Price is Still in Reverse: New Lows Are Coming
- What Does a Stock Split Mean?
- Generac Powers Ahead on the Electrification Mega-Trend
- Most Volatile Stocks, What Investors Need to Know
- PulteGroup Wins and Wins More on Interest Rate Cuts
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.