Investors sold shares of Amazon.com, Inc. (NASDAQ:AMZN) on strength during trading on Thursday. $857.52 million flowed into the stock on the tick-up and $1,034.52 million flowed out of the stock on the tick-down, for a money net flow of $177.00 million out of the stock. Of all stocks tracked, Amazon.com had the highest net out-flow for the day. Amazon.com traded up $10.13 for the day and closed at $1,174.26

Several equities research analysts have recently issued reports on the stock. Cowen reaffirmed an “outperform” rating and set a $1,500.00 price objective (up from $1,225.00) on shares of Amazon.com in a research report on Thursday, December 7th. Evercore ISI assumed coverage on shares of Amazon.com in a research report on Tuesday, December 5th. They set an “outperform” rating for the company. Vetr raised shares of Amazon.com from a “hold” rating to a “buy” rating and set a $1,204.70 price objective for the company in a research report on Tuesday, December 5th. Morgan Stanley reaffirmed a “buy” rating and set a $1,250.00 price objective on shares of Amazon.com in a research report on Friday, December 1st. Finally, Moffett Nathanson assumed coverage on shares of Amazon.com in a research report on Monday, December 4th. They set a “buy” rating for the company. Four investment analysts have rated the stock with a hold rating and fifty have issued a buy rating to the company. Amazon.com has a consensus rating of “Buy” and an average target price of $1,219.02.

The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $560,960.00, a P/E ratio of 295.71, a P/E/G ratio of 13.18 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.57). The business had revenue of $43.74 billion during the quarter, compared to analyst estimates of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The company’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 earnings per share. equities analysts expect that Amazon.com, Inc. will post 4.24 earnings per share for the current fiscal year.

In other news, CEO Jeffrey P. Bezos sold 391,110 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total transaction of $431,601,618.30. Following the transaction, the chief executive officer now directly owns 79,891,433 shares in the company, valued at $88,162,593,058.49. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Tom A. Alberg sold 1,860 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $1,109.20, for a total transaction of $2,063,112.00. Following the transaction, the director now owns 18,460 shares in the company, valued at $20,475,832. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 402,338 shares of company stock worth $444,391,701. Company insiders own 17.70% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Whitnell & Co. boosted its holdings in Amazon.com by 581.3% during the third quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock worth $105,000 after buying an additional 93 shares in the last quarter. Vestor Capital LLC boosted its holdings in Amazon.com by 10.1% during the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after buying an additional 10 shares in the last quarter. Clear Investment Research LLC boosted its holdings in Amazon.com by 73,100.0% during the second quarter. Clear Investment Research LLC now owns 732 shares of the e-commerce giant’s stock worth $107,000 after buying an additional 731 shares in the last quarter. WealthTrust Arizona LLC boosted its holdings in Amazon.com by 2.7% during the second quarter. WealthTrust Arizona LLC now owns 114 shares of the e-commerce giant’s stock worth $110,000 after buying an additional 3 shares in the last quarter. Finally, LeJeune Puetz Investment Counsel LLC purchased a new stake in Amazon.com during the second quarter worth about $116,000. Institutional investors and hedge funds own 59.94% of the company’s stock.

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Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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