Amazon.com (NASDAQ:AMZN)‘s stock had its “overweight” rating reaffirmed by research analysts at Morgan Stanley in a note issued to investors on Thursday, BenzingaRatingsTable reports.

A number of other analysts have also issued reports on the company. Monness Crespi & Hardt set a $2,300.00 target price on Amazon.com and gave the stock a “buy” rating in a research report on Friday, October 18th. Bernstein Bank began coverage on Amazon.com in a research report on Friday, January 10th. They set a “market perform” rating and a $2,050.00 target price on the stock. Citigroup reaffirmed a “buy” rating and set a $2,200.00 target price on shares of Amazon.com in a research report on Tuesday, December 3rd. Benchmark dropped their target price on Amazon.com from $2,300.00 to $2,100.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Finally, Oppenheimer dropped their target price on Amazon.com from $2,100.00 to $2,040.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and forty-four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $2,171.64.

NASDAQ:AMZN opened at $1,862.02 on Thursday. The business’s 50-day moving average is $1,818.23 and its two-hundred day moving average is $1,817.94. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.10 and a quick ratio of 0.84. Amazon.com has a 12 month low of $1,566.76 and a 12 month high of $2,035.80. The firm has a market capitalization of $923.19 billion, a PE ratio of 92.45, a price-to-earnings-growth ratio of 2.60 and a beta of 1.50.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, October 24th. The e-commerce giant reported $4.23 EPS for the quarter, missing the consensus estimate of $4.46 by ($0.23). Amazon.com had a net margin of 4.27% and a return on equity of 22.52%. The company had revenue of $69.98 billion during the quarter, compared to analysts’ expectations of $68.72 billion. During the same period last year, the business earned $5.75 earnings per share. The company’s revenue for the quarter was up 23.7% compared to the same quarter last year. Equities analysts anticipate that Amazon.com will post 20.51 EPS for the current year.

In other Amazon.com news, CFO Brian T. Olsavsky sold 1,265 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $1,760.05, for a total value of $2,226,463.25. Following the transaction, the chief financial officer now owns 2,480 shares of the company’s stock, valued at $4,364,924. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeffrey A. Wilke sold 200 shares of the company’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $1,865.34, for a total value of $373,068.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at approximately $18,653,400. The disclosure for this sale can be found here. Insiders sold 10,196 shares of company stock worth $17,869,618 in the last ninety days. 16.10% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Macroview Investment Management LLC grew its position in Amazon.com by 166.7% during the 3rd quarter. Macroview Investment Management LLC now owns 16 shares of the e-commerce giant’s stock worth $28,000 after purchasing an additional 10 shares in the last quarter. NewSquare Capital LLC grew its holdings in shares of Amazon.com by 533.3% during the 4th quarter. NewSquare Capital LLC now owns 19 shares of the e-commerce giant’s stock valued at $35,000 after acquiring an additional 16 shares in the last quarter. Phocas Financial Corp. purchased a new position in shares of Amazon.com during the 2nd quarter valued at $45,000. Pflug Koory LLC grew its holdings in shares of Amazon.com by 30.8% during the 4th quarter. Pflug Koory LLC now owns 34 shares of the e-commerce giant’s stock valued at $63,000 after acquiring an additional 8 shares in the last quarter. Finally, Financial Advantage Inc. grew its holdings in shares of Amazon.com by 26.7% during the 3rd quarter. Financial Advantage Inc. now owns 38 shares of the e-commerce giant’s stock valued at $65,000 after acquiring an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 55.98% of the company’s stock.

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.

Featured Article: How do investors use RSI to grade stocks?

Analyst Recommendations 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.