Amazon.com (NASDAQ:AMZN) Trading Down 0.2%

Shares of Amazon.com, Inc. (NASDAQ:AMZN) fell 0.2% during mid-day trading on Tuesday . The company traded as low as $180.51 and last traded at $180.67. 17,190,995 shares were traded during trading, a decline of 60% from the average session volume of 42,642,523 shares. The stock had previously closed at $180.96.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AMZN shares. Mizuho raised their price objective on Amazon.com from $220.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. UBS Group raised their price objective on Amazon.com from $198.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. Needham & Company LLC reaffirmed a “buy” rating and issued a $205.00 price objective on shares of Amazon.com in a research note on Thursday, April 18th. Stifel Nicolaus raised their price objective on Amazon.com from $200.00 to $224.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Finally, Evercore ISI raised their price objective on Amazon.com from $195.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $205.13.

Amazon.com Stock Down 0.8 %

The firm has a 50-day simple moving average of $178.22 and a 200 day simple moving average of $159.32. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The company has a market capitalization of $1.87 trillion, a PE ratio of 62.30, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, beating the consensus estimate of $0.81 by $0.19. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. During the same period last year, the company posted $0.21 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. On average, research analysts predict that Amazon.com, Inc. will post 4.11 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP Shelley Reynolds sold 3,100 shares of Amazon.com stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the sale, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the sale, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The disclosure for this sale can be found here. Insiders have sold 32,214,010 shares of company stock valued at $5,505,889,146 over the last three months. 10.80% of the stock is owned by company insiders.

Institutional Trading of Amazon.com

A number of hedge funds and other institutional investors have recently modified their holdings of AMZN. Cooksen Wealth LLC acquired a new position in Amazon.com in the fourth quarter worth about $30,000. PayPay Securities Corp grew its stake in Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after purchasing an additional 94 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. grew its stake in Amazon.com by 45.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 86 shares in the last quarter. Strid Group LLC acquired a new position in Amazon.com in the fourth quarter worth about $43,000. Finally, Harbor Investment Advisory LLC grew its stake in Amazon.com by 0.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 299,959 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 1,988 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

About Amazon.com

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.