Amazon.com, Inc. (NASDAQ:AMZN) VP Shelley Reynolds sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $94.00, for a total value of $329,000.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at $11,259,320. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Amazon.com Stock Performance
NASDAQ:AMZN traded up $0.93 during mid-day trading on Thursday, reaching $94.13. The stock had a trading volume of 59,414,684 shares, compared to its average volume of 110,915,312. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.68 and a current ratio of 0.94. The business has a 50 day simple moving average of $109.13 and a 200 day simple moving average of $116.76. Amazon.com, Inc. has a twelve month low of $85.87 and a twelve month high of $181.68. The firm has a market capitalization of $960.28 billion, a price-to-earnings ratio of 86.40, a PEG ratio of 6.23 and a beta of 1.23.
Amazon.com (NASDAQ:AMZN – Get Rating) last posted its quarterly earnings results on Thursday, October 27th. The e-commerce giant reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. The firm had revenue of $127.10 billion for the quarter, compared to the consensus estimate of $127.47 billion. Amazon.com had a return on equity of 14.44% and a net margin of 2.25%. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.31 earnings per share. On average, analysts expect that Amazon.com, Inc. will post 0.74 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Institutional Trading of Amazon.com
A number of institutional investors have recently added to or reduced their stakes in the stock. Elkhorn Partners Limited Partnership grew its holdings in Amazon.com by 800.0% in the first quarter. Elkhorn Partners Limited Partnership now owns 18 shares of the e-commerce giant’s stock valued at $59,000 after purchasing an additional 16 shares during the last quarter. Dravo Bay LLC acquired a new position in shares of Amazon.com during the 1st quarter valued at $72,000. Cordant Inc. acquired a new stake in Amazon.com in the 1st quarter valued at $150,000. Moisand Fitzgerald Tamayo LLC raised its position in Amazon.com by 36.1% in the first quarter. Moisand Fitzgerald Tamayo LLC now owns 49 shares of the e-commerce giant’s stock valued at $160,000 after purchasing an additional 13 shares during the period. Finally, Evolution Advisers Inc. boosted its position in shares of Amazon.com by 900.0% in the first quarter. Evolution Advisers Inc. now owns 50 shares of the e-commerce giant’s stock worth $162,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 57.15% of the company’s stock.
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). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.
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