Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeffrey A. Wilke sold 250 shares of the business’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $1,549.90, for a total value of $387,475.00. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at approximately $15,499,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,578.89 on Friday. The company has a market capitalization of $764,350.00, a P/E ratio of 344.74, a PEG ratio of 6.95 and a beta of 1.54. Amazon.com, Inc. has a 52 week low of $833.50 and a 52 week high of $1,578.94. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.31. The firm had revenue of $60.45 billion for the quarter, compared to analysts’ expectations of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The company’s quarterly revenue was up 38.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.54 earnings per share. sell-side analysts forecast that Amazon.com, Inc. will post 8.49 EPS for the current year.
Several brokerages have recently commented on AMZN. UBS Group boosted their price objective on Amazon.com to $1,760.00 and gave the company a “buy” rating in a research report on Friday. They noted that the move was a valuation call. Vetr downgraded Amazon.com from a “buy” rating to a “hold” rating and set a $1,603.06 price objective on the stock. in a research report on Thursday. Loop Capital set a $1,545.00 price objective on Amazon.com and gave the company a “buy” rating in a research report on Wednesday. BidaskClub upgraded Amazon.com from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 24th. Finally, Wolfe Research upgraded Amazon.com from a “peer perform” rating to an “outperform” rating in a research report on Friday, February 23rd. Five investment analysts have rated the stock with a hold rating, forty-seven have assigned a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $1,472.95.
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Amazon.com Company Profile
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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