Amazon.com, Inc. (NASDAQ:AMZN) VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $115.60, for a total transaction of $358,360.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $13,846,568. The sale was disclosed in a document filed with the SEC, which is available at this link.
Amazon.com Price Performance
NASDAQ:AMZN opened at $114.99 on Wednesday. Amazon.com, Inc. has a 1-year low of $81.43 and a 1-year high of $146.57. 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 $104.48 and a 200 day simple moving average of $97.42. The stock has a market capitalization of $1.18 trillion, a PE ratio of 273.79, a P/E/G ratio of 4.04 and a beta of 1.26.
Amazon.com (NASDAQ:AMZN – Get Rating) last released its earnings results on Thursday, April 27th. The e-commerce giant reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. Amazon.com had a net margin of 0.82% and a return on equity of 5.85%. The business had revenue of $127.36 billion during the quarter, compared to analysts’ expectations of $124.57 billion. During the same period last year, the business earned $0.21 earnings per share. The firm’s revenue was up 9.4% on a year-over-year basis. On average, research analysts expect that Amazon.com, Inc. will post 1.57 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Institutional Investors Weigh In On Amazon.com
Hedge funds have recently added to or reduced their stakes in the business. McElhenny Sheffield Capital Management LLC acquired a new stake in Amazon.com during the 4th quarter valued at $27,000. St. James Investment Advisors LLC lifted its holdings in shares of Amazon.com by 97.7% during the fourth quarter. St. James Investment Advisors LLC now owns 344 shares of the e-commerce giant’s stock worth $29,000 after buying an additional 170 shares in the last quarter. Retirement Financial Solutions LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth $32,000. Laurel Wealth Planning LLC raised its stake in Amazon.com by 1,900.0% in the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 304 shares in the last quarter. Finally, Sanctuary Wealth Management L.L.C. acquired a new position in Amazon.com in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 57.64% of the company’s stock.
About Amazon.com
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.
Further Reading
- Get a free copy of the StockNews.com research report on Amazon.com (AMZN)
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