Investors purchased shares of Amazon.com, Inc. (NASDAQ:AMZN) on weakness during trading hours on Friday. $1,649.66 million flowed into the stock on the tick-up and $1,592.58 million flowed out of the stock on the tick-down, for a money net flow of $57.08 million into the stock. Of all stocks tracked, Amazon.com had the 16th highest net in-flow for the day. Amazon.com traded down ($12.22) for the day and closed at $1,886.30

A number of brokerages have recently issued reports on AMZN. Oppenheimer reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a report on Tuesday, August 7th. Nomura reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, July 27th. DA Davidson raised their price target on shares of Amazon.com to $2,200.00 and gave the company a “buy” rating in a report on Friday, July 27th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $2,020.00 price target on shares of Amazon.com in a report on Friday, July 27th. Two research analysts have rated the stock with a hold rating, fifty have issued a buy rating and one has issued a strong buy rating to the company. Amazon.com has a consensus rating of “Buy” and an average price target of $1,933.51.

The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $925.99 billion, a P/E ratio of 414.57, a price-to-earnings-growth ratio of 4.15 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 EPS for the quarter, topping the consensus estimate of $2.49 by $2.58. The company had revenue of $52.89 billion during the quarter, compared to analyst estimates of $53.37 billion. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. Amazon.com’s quarterly revenue was up 39.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.40 earnings per share. analysts predict that Amazon.com, Inc. will post 17.27 EPS for the current fiscal year.

In other Amazon.com news, VP Shelley Reynolds sold 435 shares of Amazon.com stock in a transaction on Tuesday, May 15th. The shares were sold at an average price of $1,578.02, for a total transaction of $686,438.70. Following the completion of the transaction, the vice president now directly owns 6,408 shares of the company’s stock, valued at $10,111,952.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffrey M. Blackburn sold 2,054 shares of Amazon.com stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $1,574.11, for a total transaction of $3,233,221.94. Following the transaction, the senior vice president now directly owns 44,541 shares of the company’s stock, valued at $70,112,433.51. The disclosure for this sale can be found here. Insiders have sold 16,438 shares of company stock valued at $27,553,529 over the last ninety days. 16.30% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. lifted its position in shares of Amazon.com by 0.7% during the 2nd quarter. BlackRock Inc. now owns 25,402,494 shares of the e-commerce giant’s stock valued at $43,179,159,000 after buying an additional 167,739 shares in the last quarter. FMR LLC lifted its position in shares of Amazon.com by 0.7% during the 2nd quarter. FMR LLC now owns 17,245,226 shares of the e-commerce giant’s stock valued at $29,313,435,000 after buying an additional 121,401 shares in the last quarter. Summit Trail Advisors LLC lifted its position in shares of Amazon.com by 180,406.1% during the 1st quarter. Summit Trail Advisors LLC now owns 9,848,415 shares of the e-commerce giant’s stock valued at $9,848,000 after buying an additional 9,842,959 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of Amazon.com by 198,956.6% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 3,340,169 shares of the e-commerce giant’s stock valued at $1,949,000 after buying an additional 3,338,491 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in shares of Amazon.com by 2.8% during the 2nd quarter. Janus Henderson Group PLC now owns 1,909,022 shares of the e-commerce giant’s stock valued at $3,244,834,000 after buying an additional 51,254 shares in the last quarter. 57.12% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Company Profile

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.

Further Reading: Earnings Per Share (EPS) Explained

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