A number of other research firms also recently weighed in on AMZN. Raymond James increased their price target on shares of Amazon.com from $260.00 to $275.00 in a research note on Monday, February 10th. Jefferies Financial Group increased their target price on Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Tigress Financial lifted their target price on Amazon.com from $245.00 to $290.00 and gave the company a “buy” rating in a report on Friday, December 20th. TD Cowen upped their price target on Amazon.com from $240.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Robert W. Baird lifted their price objective on Amazon.com from $220.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $260.74.

Check Out Our Latest Analysis on Amazon.com

In other news, Director Daniel P. Huttenlocher sold 1,237 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the completion of the transaction, the director now owns 24,912 shares in the company, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the sale, the chief executive officer now directly owns 497,067 shares in the company, valued at approximately $114,459,618.09. This trade represents a 5.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 51,848 shares of company stock valued at $11,368,639 over the last quarter. Insiders own 10.80% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bienville Capital Management LLC increased its stake in Amazon.com by 0.6% during the 4th quarter. Bienville Capital Management LLC now owns 42,263 shares of the e-commerce giant’s stock valued at $9,272,000 after buying an additional 260 shares during the period. Gallagher Fiduciary Advisors LLC boosted its holdings in shares of Amazon.com by 4.8% in the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 21,043 shares of the e-commerce giant’s stock valued at $4,617,000 after acquiring an additional 973 shares in the last quarter. Meiji Yasuda Life Insurance Co increased its stake in shares of Amazon.com by 1.5% during the fourth quarter. Meiji Yasuda Life Insurance Co now owns 310,354 shares of the e-commerce giant’s stock valued at $68,089,000 after acquiring an additional 4,641 shares during the period. Pennington Partners & CO. LLC bought a new stake in Amazon.com during the fourth quarter worth approximately $3,467,000. Finally, South Plains Financial Inc. acquired a new stake in Amazon.com in the fourth quarter worth approximately $3,171,000. 72.20% of the stock is owned by institutional investors.

The stock has a market capitalization of $2.40 trillion, a P/E ratio of 41.35, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15. The business has a 50 day simple moving average of $228.18 and a 200-day simple moving average of $201.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.87 and a current ratio of 1.09.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 25.49% and a net margin of 9.29%. On average, analysts predict that Amazon.com, Inc. will post 6.24 EPS for the current 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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