Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeffrey A. Wilke sold 500 shares of the business’s stock in a transaction dated Wednesday, March 21st. The stock was sold at an average price of $1,577.85, for a total value of $788,925.00. Following the sale, the chief executive officer now owns 10,000 shares in the company, valued at $15,778,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Amazon.com stock opened at $1,495.56 on Friday. Amazon.com, Inc. has a 12-month low of $833.50 and a 12-month high of $1,617.54. The firm has a market capitalization of $724,011.06, a P/E ratio of 327.97, a PEG ratio of 6.85 and a beta of 1.54. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89.
Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.85 by $0.31. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The business had revenue of $60.45 billion during the quarter, compared to the consensus estimate of $59.85 billion. During the same quarter in the prior year, the company posted $1.54 earnings per share. Amazon.com’s revenue was up 38.2% compared to the same quarter last year. research analysts predict that Amazon.com, Inc. will post 8.49 EPS for the current fiscal year.
A number of institutional investors have recently made changes to their positions in AMZN. ADAMCAPITAL Gestao de Recursos Ltda. bought a new position in Amazon.com in the 4th quarter valued at $172,579,000. Chemical Bank grew its stake in Amazon.com by 5.0% in the 4th quarter. Chemical Bank now owns 3,856 shares of the e-commerce giant’s stock valued at $4,509,000 after purchasing an additional 182 shares during the period. Green Square Capital LLC grew its stake in Amazon.com by 7.7% in the 4th quarter. Green Square Capital LLC now owns 5,266 shares of the e-commerce giant’s stock valued at $6,158,000 after purchasing an additional 376 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in Amazon.com by 4.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 46,126 shares of the e-commerce giant’s stock valued at $53,943,000 after purchasing an additional 1,823 shares during the period. Finally, Certified Advisory Corp bought a new position in Amazon.com in the 4th quarter valued at $610,000. Institutional investors and hedge funds own 60.19% of the company’s stock.
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Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.
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