Stifel Nicolaus reaffirmed their buy rating on shares of Amazon.com, Inc. (NASDAQ:AMZN) in a research report report published on Friday morning. Stifel Nicolaus currently has a $1,100.00 price target on the e-commerce giant’s stock, up from their prior price target of $1,075.00.

Several other research firms have also issued reports on AMZN. Barclays PLC boosted their target price on Amazon.com from $1,120.00 to $1,150.00 and gave the stock an overweight rating in a research report on Friday. Goldman Sachs Group, Inc. (The) restated a buy rating and set a $1,275.00 target price on shares of Amazon.com in a research report on Friday. J P Morgan Chase & Co restated a buy rating on shares of Amazon.com in a research report on Friday. Morgan Stanley restated a buy rating on shares of Amazon.com in a research report on Friday. Finally, Deutsche Bank AG boosted their target price on Amazon.com from $1,135.00 to $1,175.00 and gave the stock a buy rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, forty-four have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of $1,058.27.

Shares of Amazon.com (NASDAQ AMZN) traded up 0.95% on Friday, hitting $997.14. 885,481 shares of the company’s stock traded hands. Amazon.com has a 1-year low of $710.10 and a 1-year high of $1,083.31. The company has a market cap of $479.01 billion, a price-to-earnings ratio of 253.60 and a beta of 1.48. The firm’s 50-day moving average price is $998.39 and its 200 day moving average price is $917.27.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by $1.00. The company had revenue of $37.96 billion for the quarter, compared to analyst estimates of $37.18 billion. Amazon.com had a return on equity of 9.38% and a net margin of 1.28%. Amazon.com’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.78 earnings per share. On average, equities research analysts expect that Amazon.com will post $6.72 earnings per share for the current year.

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In related news, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $1,011.06, for a total transaction of $2,022,120.00. Following the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $10,110,600. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Tom A. Alberg sold 670 shares of Amazon.com stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $940.45, for a total value of $630,101.50. Following the transaction, the director now directly owns 21,855 shares in the company, valued at approximately $20,553,534.75. The disclosure for this sale can be found here. Insiders sold 1,013,585 shares of company stock valued at $954,068,366 in the last three months. Insiders own 17.70% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in AMZN. Leavell Investment Management Inc. boosted its position in shares of Amazon.com by 0.3% in the second quarter. Leavell Investment Management Inc. now owns 394 shares of the e-commerce giant’s stock valued at $381,000 after buying an additional 1 shares during the last quarter. SeaBridge Investment Advisors LLC boosted its position in shares of Amazon.com by 0.4% in the second quarter. SeaBridge Investment Advisors LLC now owns 272 shares of the e-commerce giant’s stock valued at $263,000 after buying an additional 1 shares during the last quarter. Stillwater Capital Advisors LLC boosted its position in shares of Amazon.com by 0.4% in the first quarter. Stillwater Capital Advisors LLC now owns 526 shares of the e-commerce giant’s stock valued at $466,000 after buying an additional 2 shares during the last quarter. Beese Fulmer Investment Management Inc. boosted its position in shares of Amazon.com by 0.7% in the first quarter. Beese Fulmer Investment Management Inc. now owns 289 shares of the e-commerce giant’s stock valued at $256,000 after buying an additional 2 shares during the last quarter. Finally, Round Table Services LLC boosted its position in shares of Amazon.com by 0.3% in the first quarter. Round Table Services LLC now owns 701 shares of the e-commerce giant’s stock valued at $621,000 after buying an additional 2 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors.

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 North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.

Analyst Recommendations for Amazon.com (NASDAQ:AMZN)

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