David Zapolsky, Amazon.com, Inc. sold 8,380 shares of (NASDAQ: AMZN) stock

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 8,380 shares of the business’s stock in a transaction that occurred on Monday, November 21. Shares were sold at an average price of $94.00 for a total value of $787,720.00. Following the completion of the sale, the Senior Vice President now owns 76,980 shares of company stock, valued at approximately $7,236,120. The sale was disclosed in a legal filing with the Securities and Exchange Commission, which is available at this hyperlink.

Amazon.com stock performance

The NASDAQ AMZN opened Friday at $94.13. The 50-day moving average price of the business is $108.44 and its 200-day moving average price is $116.60. Amazon.com, Inc. The 12-month low was $85.87 and the 12-month high was $181.68. The company has a market capitalization of $960.28 billion, a PE ratio of 86.40, a price-to-earnings-growth ratio of 6.23, and a beta of 1.23. The company has a current ratio of 0.94, quick ratio of 0.68 and debt-to-equity ratio of 0.43.

Amazon.com (NASDAQ: AMZN – Get Rating) last issued its earnings results on Thursday, October 27. The e-commerce giant reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.22 to $0.06. Amazon.com’s return on equity was 14.44% and net margin was 2.25%. The firm had revenue of $127.10 billion for the quarter, compared to consensus estimates of $127.47 billion. During the same period in the prior year, the business reported earnings per share of $0.31. The firm’s revenue for the quarter was up 14.7% as compared to the same quarter last year. On average, research analysts estimate that Amazon.com, Inc. Will post 0.74 earnings per share for the current year.

Analyst Rating Changes

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AMZN has been the subject of several analyst reports. Tigress Financial cut its price target on Amazon.com from $232.00 to $192.00 and set a “Buy” rating on the company in a research note on Wednesday, November 2. Canaccord Genuity Group raised their price target on Amazon.com from $185.00 to $200.00 in a research note on Friday, July 29. Oppenheimer lowered his price target on Amazon.com from $165.00 to $130.00 and set an “outperform” rating on the company in a research note on Friday, October 28. JPMorgan Chase & Co. lowered its price target on Amazon.com from $175.00 to $145.00 and set an “overweight” rating on the company in a research note on Friday, October 28. Finally, Monness Crespi & Hardt decreased their price target on Amazon.com from $172.00 to $136.00 and set a “buy” rating on the company in a research note on Friday, October 28. Two equity research analysts have a Sell rating on the stock, three have a Hold rating and forty-one have a Buy rating on the stock. The company has an average rating of “medium buy” and a consensus price target of $149.40, according to Marketbeat data.

Hedge funds weigh in on Amazon.com

Several large investors have increased or decreased their stake in AMZN recently. State Street Corp boosted its stake in Amazon.com shares to 1,869.1% in the second quarter. State Street Corp owns 326,727,487 shares of the e-commerce giant worth $34,701,726,000 after buying an additional 310,134,486 shares during the period. Price T Rowe Associates Inc. The MD increased his holding in Amazon.com shares by 1,838.8% in the second quarter. Price T Rowe Associates Inc. The MD holds 311,971,394 shares of the e-commerce giant’s stock worth $33,134,481,000 after buying an additional 295,880,050 shares during the period. FMR LLC increased its stake in Amazon.com shares by 1,792.4% in the second quarter. FMR LLC now holds 286,047,356 shares of the e-commerce giant valued at $30,381,089,000 after buying an additional 270,931,640 shares during the period. Northern Trust Corp boosted its stake in Amazon.com shares to 1,867.0% in the second quarter. Northern Trust Corp holds 94,997,372 shares of the e-commerce giant worth $10,089,669,000 after buying an additional 90,167,792 shares during the period. Finally, Legal & General Group Plc increased its stake in Amazon.com shares to 1,944.4% in the second quarter. Legal & General Group plc now owns 59,977,393 shares of the e-commerce giant’s stock worth $6,370,223,000 after buying an additional 57,043,701 shares during the period. 57.15% of the stock is currently held by hedge funds and other institutional investors.

About Amazon.com

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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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.

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

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