Traders bought shares of Amazon.com, Inc. (NASDAQ:AMZN) on weakness during trading hours on Friday. $2,058.55 million flowed into the stock on the tick-up and $1,723.84 million flowed out of the stock on the tick-down, for a money net flow of $334.71 million into the stock. Of all stocks tracked, Amazon.com had the 2nd highest net in-flow for the day. Amazon.com traded down ($9.98) for the day and closed at $2,003.00

Several analysts have recently commented on AMZN shares. Morgan Stanley reaffirmed an “overweight” rating and issued a $2,500.00 target price (up previously from $1,850.00) on shares of Amazon.com in a research report on Wednesday, August 29th. Macquarie reaffirmed a “buy” rating on shares of Amazon.com in a research report on Wednesday, August 29th. Robert W. Baird reaffirmed a “buy” rating on shares of Amazon.com in a research report on Monday, September 3rd. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research report on Tuesday, August 7th. Finally, Wells Fargo & Co reaffirmed a “buy” rating and issued a $2,110.00 target price on shares of Amazon.com in a research report on Tuesday, September 4th. Three research analysts have rated the stock with a hold rating and fifty have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $2,005.64.

The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The firm has a market cap of $963.22 billion, a price-to-earnings ratio of 440.87, a PEG ratio of 4.12 and a beta of 1.60.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.49 by $2.58. Amazon.com had a return on equity of 18.47% and a net margin of 3.02%. The company had revenue of $52.89 billion for the quarter, compared to analyst estimates of $53.37 billion. During the same period last year, the company earned $0.40 earnings per share. The business’s revenue was up 39.3% compared to the same quarter last year. equities analysts forecast that Amazon.com, Inc. will post 17.77 EPS for the current fiscal year.

In other news, CEO Jeffrey A. Wilke sold 2,000 shares of Amazon.com stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $1,981.72, for a total value of $3,963,440.00. Following the transaction, the chief executive officer now directly owns 10,000 shares in the company, valued at $19,817,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Zapolsky sold 1,927 shares of Amazon.com stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $1,899.96, for a total value of $3,661,222.92. Following the completion of the transaction, the senior vice president now owns 3,161 shares in the company, valued at $6,005,773.56. The disclosure for this sale can be found here. Insiders sold 25,308 shares of company stock worth $47,905,498 over the last quarter. 16.30% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of AMZN. Summit Trail Advisors LLC increased its stake in shares of Amazon.com by 180,406.1% in the first quarter. Summit Trail Advisors LLC now owns 9,848,415 shares of the e-commerce giant’s stock worth $9,848,000 after purchasing an additional 9,842,959 shares during the period. Cornerstone Wealth Management LLC increased its stake in shares of Amazon.com by 198,956.6% in the second quarter. Cornerstone Wealth Management LLC now owns 3,340,169 shares of the e-commerce giant’s stock worth $1,949,000 after purchasing an additional 3,338,491 shares during the period. Private Advisor Group LLC increased its stake in shares of Amazon.com by 2,407.1% in the second quarter. Private Advisor Group LLC now owns 391,158 shares of the e-commerce giant’s stock worth $665,092,000 after purchasing an additional 375,556 shares during the period. OppenheimerFunds Inc. increased its stake in shares of Amazon.com by 132.8% in the second quarter. OppenheimerFunds Inc. now owns 539,375 shares of the e-commerce giant’s stock worth $916,829,000 after purchasing an additional 307,692 shares during the period. Finally, Moneta Group Investment Advisors LLC increased its stake in shares of Amazon.com by 136,351.3% in the second quarter. Moneta Group Investment Advisors LLC now owns 260,622 shares of the e-commerce giant’s stock worth $677,000 after purchasing an additional 260,431 shares during the period. Institutional investors and hedge funds own 57.32% of the company’s stock.

Amazon.com Company Profile (NASDAQ:AMZN)

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.

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