AMZN has been the topic of several other research reports. Barclays cut their target price on Amazon.com from $265.00 to $240.00 and set an “overweight” rating on the stock in a research note on Friday. Stifel Nicolaus cut their price target on shares of Amazon.com from $248.00 to $245.00 and set a “buy” rating on the stock in a research report on Friday. The Goldman Sachs Group decreased their price objective on shares of Amazon.com from $255.00 to $220.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Amazon.com from $287.00 to $206.00 and set a “buy” rating for the company in a report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $243.55.

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AMZN opened at $189.98 on Friday. The firm has a 50 day simple moving average of $190.48 and a 200 day simple moving average of $207.77. Amazon.com has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a market cap of $2.02 trillion, a price-to-earnings ratio of 34.35, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS 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 net margin of 9.29% and a return on equity of 24.25%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS. On average, sell-side analysts anticipate that Amazon.com will post 6.31 earnings per share for the current year.

In related news, CEO Douglas J. Herrington sold 27,500 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $26,647,456.60. This represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 104,798 shares of company stock valued at $23,341,803 over the last 90 days. 10.80% of the stock is currently owned by insiders.

Several large investors have recently bought and sold shares of AMZN. Carson Advisory Inc. grew its position in shares of Amazon.com by 2.9% in the first quarter. Carson Advisory Inc. now owns 4,777 shares of the e-commerce giant’s stock valued at $909,000 after purchasing an additional 136 shares during the last quarter. Sachetta LLC grew its holdings in Amazon.com by 3.6% in the 1st quarter. Sachetta LLC now owns 10,401 shares of the e-commerce giant’s stock valued at $1,979,000 after buying an additional 361 shares in the last quarter. Burling Wealth Partners LLC increased its position in Amazon.com by 1.4% during the 1st quarter. Burling Wealth Partners LLC now owns 109,257 shares of the e-commerce giant’s stock worth $20,787,000 after buying an additional 1,523 shares during the period. Retirement Planning Co of New England Inc. lifted its holdings in shares of Amazon.com by 61.1% during the first quarter. Retirement Planning Co of New England Inc. now owns 33,071 shares of the e-commerce giant’s stock worth $6,292,000 after buying an additional 12,545 shares in the last quarter. Finally, Acas LLC boosted its position in shares of Amazon.com by 1.5% in the first quarter. Acas LLC now owns 24,712 shares of the e-commerce giant’s stock valued at $4,700,000 after acquiring an additional 369 shares during the period. 72.20% of the stock is owned by institutional investors.

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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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