Amazon.com, Inc. (AMZN) Director Sells $18,250.50 in Stock

Share on StockTwits

Amazon.com, Inc. (NASDAQ:AMZN) Director Indra K. Nooyi sold 10 shares of the business’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $1,825.05, for a total value of $18,250.50. Following the transaction, the director now owns 150 shares of the company’s stock, valued at approximately $273,757.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

NASDAQ:AMZN traded down $38.57 during trading hours on Friday, reaching $1,869.00. The company’s stock had a trading volume of 4,454,232 shares, compared to its average volume of 4,857,906. The company has a market capitalization of $921.23 billion, a price-to-earnings ratio of 92.80, a price-to-earnings-growth ratio of 2.13 and a beta of 1.62. Amazon.com, Inc. has a 12 month low of $1,307.00 and a 12 month high of $2,050.50. The company has a quick ratio of 0.83, a current ratio of 1.09 and a debt-to-equity ratio of 0.48.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, April 25th. The e-commerce giant reported $7.09 EPS for the quarter, topping analysts’ consensus estimates of $4.61 by $2.48. The company had revenue of $59.70 billion during the quarter, compared to the consensus estimate of $59.73 billion. Amazon.com had a net margin of 4.97% and a return on equity of 28.91%. Amazon.com’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.27 earnings per share. On average, sell-side analysts expect that Amazon.com, Inc. will post 26.59 EPS for the current year.

Several brokerages have issued reports on AMZN. Goldman Sachs Group restated a “buy” rating and set a $2,400.00 target price (up previously from $2,100.00) on shares of Amazon.com in a research report on Friday, April 26th. Citigroup restated an “in-line” rating and set a $2,000.00 target price on shares of Amazon.com in a research report on Friday, February 1st. CIBC boosted their target price on Amazon.com from $1,975.00 to $2,085.00 and gave the company an “outperform” rating in a research report on Monday, April 1st. Aegis restated a “buy” rating and set a $2,250.00 target price (up previously from $2,225.00) on shares of Amazon.com in a research report on Friday, April 26th. Finally, Zacks Investment Research lowered Amazon.com from a “buy” rating to a “hold” rating in a research report on Monday, January 28th. Five analysts have rated the stock with a hold rating and forty-three have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $2,181.89.

A number of large investors have recently modified their holdings of AMZN. Oregon Public Employees Retirement Fund raised its stake in Amazon.com by 150,721.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 109,486,103 shares of the e-commerce giant’s stock worth $73,000 after buying an additional 109,413,510 shares in the last quarter. Norges Bank bought a new position in Amazon.com in the fourth quarter worth approximately $6,529,928,000. Bank of New York Mellon Corp raised its stake in Amazon.com by 700,301.9% in the third quarter. Bank of New York Mellon Corp now owns 3,999,295 shares of the e-commerce giant’s stock worth $8,010,587,000 after buying an additional 3,998,724 shares in the last quarter. Ellis Investment Partners LLC raised its stake in Amazon.com by 187,061.8% in the first quarter. Ellis Investment Partners LLC now owns 2,457,435 shares of the e-commerce giant’s stock worth $2,457,000 after buying an additional 2,456,122 shares in the last quarter. Finally, Vanguard Group Inc raised its stake in Amazon.com by 1.8% in the third quarter. Vanguard Group Inc now owns 29,599,653 shares of the e-commerce giant’s stock worth $59,288,105,000 after buying an additional 516,913 shares in the last quarter. 56.06% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: This piece of content was first reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/4344815/amazon-com-inc-amzn-director-sells-18250-50-in-stock.html.

Amazon.com Company Profile

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 third-party sellers through physical stores and online stores.

See Also: What is Cost of Capital?

Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Zacks: Brokerages Anticipate Farfetch Ltd  Will Post Quarterly Sales of $199.11 Million
Zacks: Brokerages Anticipate Farfetch Ltd Will Post Quarterly Sales of $199.11 Million
Nectar Price Down 10.3% This Week
Nectar Price Down 10.3% This Week
Blue Apron   Shares Down 8%
Blue Apron Shares Down 8%
ERC20  Market Cap Tops $188,860.00
ERC20 Market Cap Tops $188,860.00
Analysts Expect Heico Corp  Will Announce Quarterly Sales of $478.39 Million
Analysts Expect Heico Corp Will Announce Quarterly Sales of $478.39 Million
ESSA Pharma  Upgraded by Zacks Investment Research to Buy
ESSA Pharma Upgraded by Zacks Investment Research to Buy


© 2006-2019 Ticker Report