A number of other research firms have also commented on AMZN. Monness Crespi & Hardt reissued a buy rating and issued a $2,000.00 price target on shares of Amazon.com in a research report on Wednesday, April 11th. Wedbush set a $1,800.00 price target on shares of Amazon.com and gave the company a buy rating in a research report on Friday, April 27th. JPMorgan Chase & Co. reissued a buy rating on shares of Amazon.com in a research report on Monday, April 30th. Jefferies Group lifted their price target on shares of Amazon.com from $1,450.00 to $1,750.00 and gave the company a buy rating in a research report on Friday, February 2nd. Finally, Vetr raised shares of Amazon.com from a sell rating to a hold rating and set a $1,414.91 price target on the stock in a research report on Tuesday, January 30th. Two investment analysts have rated the stock with a hold rating, fifty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of $1,705.08.
Amazon.com opened at $1,629.62 on Tuesday, Marketbeat.com reports. Amazon.com has a 12 month low of $927.00 and a 12 month high of $1,638.10. The company has a market capitalization of $782.61 billion, a PE ratio of 358.16, a PEG ratio of 4.32 and a beta of 1.60. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.77 and a current ratio of 1.06.
In other news, CEO Jeffrey A. Wilke sold 500 shares of the business’s stock in a transaction on Wednesday, March 21st. The shares were sold at an average price of $1,577.85, for a total value of $788,925.00. Following the sale, the chief executive officer now owns 10,000 shares in the company, valued at approximately $15,778,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey A. Wilke sold 250 shares of the business’s stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $1,549.90, for a total transaction of $387,475.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares in the company, valued at approximately $15,499,000. The disclosure for this sale can be found here. Insiders sold a total of 11,243 shares of company stock worth $17,745,414 in the last 90 days. 16.30% of the stock is owned by corporate insiders.
Several large investors have recently modified their holdings of AMZN. Taylor Hoffman Wealth Management bought a new position in shares of Amazon.com in the fourth quarter valued at about $108,000. Portfolio Solutions LLC bought a new position in shares of Amazon.com in the fourth quarter valued at about $119,000. Santori & Peters Inc. bought a new position in shares of Amazon.com in the fourth quarter valued at about $121,000. Endurance Wealth Management Inc. raised its holdings in shares of Amazon.com by 90.9% in the fourth quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock valued at $123,000 after buying an additional 50 shares during the last quarter. Finally, Oak Point Wealth Management bought a new position in shares of Amazon.com in the fourth quarter valued at about $125,000. Institutional investors own 56.85% of the company’s stock.
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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