A number of other brokerages have also issued reports on AMZN. Deutsche Bank Aktiengesellschaft decreased their price target on Amazon.com from $287.00 to $206.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Royal Bank Of Canada decreased their price target on Amazon.com from $235.00 to $230.00 and set an “outperform” rating on the stock in a research note on Friday, May 2nd. Jefferies Financial Group reduced their price objective on Amazon.com from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $220.00 price objective on shares of Amazon.com in a research note on Friday, May 2nd. Finally, Scotiabank reduced their price objective on Amazon.com from $306.00 to $250.00 and set a “sector outperform” rating on the stock in a research note on Monday, April 21st. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $245.53.

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Amazon.com stock opened at $209.69 on Friday. The stock has a market cap of $2.23 trillion, a PE ratio of 34.15, a P/E/G ratio of 1.59 and a beta of 1.33. The stock has a 50-day moving average price of $198.41 and a 200 day moving average price of $209.25. Amazon.com has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.14% and a net margin of 10.14%. The firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. During the same period last year, the company earned $0.98 EPS. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. Equities research analysts predict that Amazon.com will post 6.31 earnings per share for the current fiscal year.

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $187.99, for a total transaction of $469,975.00. Following the completion of the transaction, the chief executive officer now owns 509,474 shares in the company, valued at approximately $95,776,017.26. The trade was a 0.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $202.41, for a total value of $2,746,703.70. Following the transaction, the senior vice president now owns 47,030 shares of the company’s stock, valued at $9,519,342.30. This trade represents a 22.39% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 102,037 shares of company stock worth $20,531,075. 9.70% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of AMZN. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com in the 4th quarter valued at about $27,000. LSV Asset Management acquired a new stake in shares of Amazon.com during the fourth quarter worth $35,000. Perritt Capital Management Inc raised its position in shares of Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 80 shares during the period. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth $36,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth $40,000. 72.20% of the stock is currently 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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