Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 6,720 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $115.56, for a total transaction of $776,563.20. Following the transaction, the senior vice president now directly owns 97,116 shares of the company’s stock, valued at $11,222,724.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Amazon.com Price Performance
Shares of AMZN opened at $115.00 on Friday. The firm has a market cap of $1.18 trillion, a PE ratio of 273.81, a P/E/G ratio of 4.00 and a beta of 1.26. The company has a current ratio of 0.92, a quick ratio of 0.69 and a debt-to-equity ratio of 0.43. The firm has a fifty day simple moving average of $105.19 and a two-hundred day simple moving average of $97.67. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $146.57.
Amazon.com (NASDAQ:AMZN – Get Rating) last announced its earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. The business had revenue of $127.36 billion during the quarter, compared to analyst estimates of $124.57 billion. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 EPS. On average, equities analysts anticipate that Amazon.com, Inc. will post 1.57 EPS for the current year.
Institutional Investors Weigh In On Amazon.com
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price objective on shares of Amazon.com in a research note on Wednesday, April 12th. Susquehanna upped their price objective on shares of Amazon.com from $140.00 to $150.00 and gave the company a “positive” rating in a research note on Friday, February 3rd. Wedbush upped their price objective on shares of Amazon.com from $125.00 to $129.00 in a research note on Friday, April 28th. Rosenblatt Securities increased their price target on shares of Amazon.com from $106.00 to $111.00 in a research note on Friday, April 28th. Finally, Truist Financial lifted their price objective on Amazon.com from $142.00 to $144.00 in a research report on Wednesday, April 12th. Three analysts have rated the stock with a hold rating and forty-one have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $143.12.
Amazon.com Company Profile
Amazon.com, Inc is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores.
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