A number of other analysts have also recently issued reports on the stock. Rosenblatt Securities increased their price objective on shares of Amazon.com from $236.00 to $287.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Mizuho decreased their price target on Amazon.com from $285.00 to $255.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. Morgan Stanley lowered their price objective on Amazon.com from $280.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday. Canaccord Genuity Group reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, February 13th. Finally, Westpark Capital assumed coverage on Amazon.com in a report on Tuesday, April 1st. They issued a “buy” rating and a $280.00 price target on the stock. Two analysts have rated the stock with a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.73.

Read Our Latest Report on AMZN

In other news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the transaction, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at approximately $95,776,017.26. This trade represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP David Zapolsky sold 5,848 shares of Amazon.com stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.72, for a total transaction of $1,290,770.56. Following the sale, the senior vice president now directly owns 69,162 shares of the company’s stock, valued at $15,265,436.64. This represents a 7.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,798 shares of company stock worth $23,341,803. 10.80% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in AMZN. Lynch & Associates IN lifted its stake in Amazon.com by 1.0% in the first quarter. Lynch & Associates IN now owns 21,413 shares of the e-commerce giant’s stock worth $4,074,000 after acquiring an additional 221 shares during the period. RS Crum Inc. raised its holdings in shares of Amazon.com by 2.1% in the 1st quarter. RS Crum Inc. now owns 42,653 shares of the e-commerce giant’s stock valued at $8,115,000 after purchasing an additional 875 shares in the last quarter. Smith Shellnut Wilson LLC ADV lifted its position in shares of Amazon.com by 11.5% in the 1st quarter. Smith Shellnut Wilson LLC ADV now owns 7,702 shares of the e-commerce giant’s stock worth $1,465,000 after purchasing an additional 795 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI increased its holdings in Amazon.com by 7.8% during the first quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 61,046 shares of the e-commerce giant’s stock valued at $11,615,000 after buying an additional 4,420 shares during the period. Finally, Vista Investment Partners LLC increased its holdings in Amazon.com by 6.5% during the first quarter. Vista Investment Partners LLC now owns 5,807 shares of the e-commerce giant’s stock valued at $1,105,000 after buying an additional 355 shares during the period. Institutional investors own 72.20% of the company’s stock.

The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The company has a market cap of $1.83 trillion, a P/E ratio of 31.19, a P/E/G ratio of 1.50 and a beta of 1.39. The business’s 50 day moving average is $199.65 and its 200 day moving average is $207.97.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

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