2 weeks Ago By Defense World Staff
Amazon.com (NASDAQ:AMZN) had its price target trimmed by Jefferies Financial Group from $250.00 to $240.
00 in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The firm currently has a buy rating on the e-commerce giant’s stock.Several other equities analysts also recently weighed in on AMZN.
Benchmark raised their target price on shares of Amazon.com from $215.00 to $265.
00 and gave the company a “buy” rating in a report on Tuesday, February 4th. JMP Securities dropped their price objective on shares of Amazon.com from $285.
00 to $240.00 and set a “market outperform” rating for the company in a research note on Monday, April 14th. Piper Sandler reaffirmed an “overweight” rating and issued a $265.
00 target price (up previously from $225.00) on shares of Amazon.com in a research note on Friday, February 7th.
Citigroup dropped their price target on Amazon.com from $273.00 to $225.
00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Royal Bank of Canada upped their price objective on Amazon.com from $255.
00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and forty-five have given a buy rating to the company’s stock.
According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $248.96.Check Out Our Latest Report on Amazon.
comAmazon.com Price PerformanceShares of NASDAQ:AMZN opened at $173.18 on Tuesday.
The firm has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 31.32, 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.
The business’s 50 day simple moving average is $196.07 and its 200-day simple moving average is $207.85.
Amazon.com has a 12 month low of $151.61 and a 12 month high of $242.
52. Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.
34. Amazon.com had a return on equity of 24.
25% and a net margin of 9.29%. As a group, equities analysts forecast that Amazon.
com will post 6.31 earnings per share for the current fiscal year. Insider Buying and Selling at Amazon.
comIn other news, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 509,474 shares in the company, valued at $95,776,017.
26. This trade represents a 0.49 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 14,620 shares of the business’s stock in a transaction dated Friday, February 21st.
The stock was sold at an average price of $223.14, for a total value of $3,262,306.80.
Following the completion of the transaction, the chief financial officer now owns 49,000 shares in the company, valued at approximately $10,933,860. This trade represents a 22.98 % decrease in their position.
The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock valued at $23,341,803 over the last 90 days. 10.
80% of the stock is owned by corporate insiders. Institutional Trading of Amazon.comA number of hedge funds and other institutional investors have recently made changes to their positions in the stock.
Swedbank AB raised its stake in shares of Amazon.com by 1.4% in the 3rd quarter.
Swedbank AB now owns 13,335,826 shares of the e-commerce giant’s stock valued at $2,484,864,000 after purchasing an additional 183,610 shares in the last quarter. Sassicaia Capital Advisers LLC bought a new stake in Amazon.com in the third quarter valued at about $279,000.
Howard Capital Management Group LLC raised its stake in Amazon.com by 0.3% during the third quarter.
Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant’s stock valued at $66,434,000 after buying an additional 897 shares in the last quarter. Pettinga Financial Advisors LLC lifted its holdings in Amazon.com by 4.
3% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 5,512 shares of the e-commerce giant’s stock worth $1,027,000 after buying an additional 225 shares during the last quarter. Finally, Principal Financial Group Inc.
lifted its holdings in Amazon.com by 5.1% during the 3rd quarter.
Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant’s stock worth $3,757,589,000 after buying an additional 984,570 shares during the last quarter. Institutional investors own 72.
20% of the company’s stock. About Amazon.com (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.
Read MoreFive stocks we like better than Amazon.comHow to Find Undervalued StocksHow to Invest in Micro-Cap Stocks Like a Pro2 Fintech Stocks to Buy Now and 1 to AvoidInvestors Sell Microsoft Stock on OpenAI News—Time to Buy? Should You Invest in Penny Stocks?Take-Two Interactive: A Defensive Play Set to Explode.
