AMZN has been the subject of several other reports. Cantor Fitzgerald lifted their price target on Amazon.com from $230.00 to $240.00 and gave the company an “overweight” rating in a research report on Friday, May 2nd. UBS Group reiterated a “buy” rating on shares of Amazon.com in a research report on Tuesday, May 6th. JPMorgan Chase & Co. lifted their price target on Amazon.com from $220.00 to $225.00 and gave the company an “overweight” rating in a research report on Friday, May 2nd. Tigress Financial lifted their price target on Amazon.com from $290.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, May 6th. Finally, Mizuho reduced their price target on Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $244.57.

Check Out Our Latest Report on Amazon.com

Shares of AMZN stock opened at $206.65 on Monday. The stock has a 50 day moving average of $190.68 and a 200 day moving average of $208.63. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.19 trillion, a P/E ratio of 37.37, a P/E/G ratio of 1.50 and a beta of 1.30. Amazon.com has a twelve month low of $151.61 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.21. The company had revenue of $155.67 billion during the quarter, compared to analysts’ expectations of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. Amazon.com’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the business earned $0.98 earnings per share. As a group, sell-side analysts expect that Amazon.com will post 6.31 EPS for the current year.

In other news, SVP David Zapolsky sold 7,100 shares of the company’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $201.23, for a total value of $1,428,733.00. Following the transaction, the senior vice president now owns 60,600 shares of the company’s stock, valued at $12,194,538. This represents a 10.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,695 shares of the company’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total value of $541,129.05. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $24,050,626.20. This trade represents a 2.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 99,537 shares of company stock valued at $20,018,625. Insiders own 9.70% of the company’s stock.

Several large investors have recently modified their holdings of the business. Regent Peak Wealth Advisors LLC raised its holdings in shares of Amazon.com by 0.7% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 45,153 shares of the e-commerce giant’s stock valued at $9,906,000 after buying an additional 318 shares during the period. Tallon Kerry Patrick purchased a new stake in shares of Amazon.com in the 4th quarter valued at $800,000. Capital & Planning LLC raised its holdings in shares of Amazon.com by 72.1% in the 4th quarter. Capital & Planning LLC now owns 3,902 shares of the e-commerce giant’s stock valued at $856,000 after buying an additional 1,635 shares during the period. Financial Advisors LLC raised its holdings in shares of Amazon.com by 1.3% in the 4th quarter. Financial Advisors LLC now owns 9,663 shares of the e-commerce giant’s stock valued at $2,120,000 after buying an additional 125 shares during the period. Finally, Riversedge Advisors LLC raised its holdings in shares of Amazon.com by 18.0% in the 4th quarter. Riversedge Advisors LLC now owns 7,095 shares of the e-commerce giant’s stock valued at $1,557,000 after buying an additional 1,081 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

(Get Free Report)

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.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.