Amazon.com SVP Jeffrey Wilke Unloads 2,500 Shares (AMZN)
Amazon.com (NASDAQ:AMZN) SVP Jeffrey Wilke sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $309.06, for a total transaction of $772,650.00. Following the completion of the transaction, the senior vice president now directly owns 52,933 shares in the company. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on AMZN. Analysts at Wedbush initiated coverage on shares of Amazon.com (NASDAQ:AMZN) in a research note to investors on Tuesday, September 10th. They set a “neutral” rating and a $330.00 price target on the stock. Separately, analysts at TheStreet reiterated a “hold” rating on shares of Amazon.com (NASDAQ:AMZN) in a research note to investors on Wednesday, August 21st. Finally, analysts at Thomson Reuters/Verus downgraded shares of Amazon.com (NASDAQ:AMZN) from a “hold” rating to a “sell” rating in a research note to investors on Monday, August 12th.
One analyst has rated the stock with a sell rating, nine have issued a hold rating and thirty have issued a buy rating to the company. Amazon.com currently has an average rating of “Buy” and an average price target of $329.38.
Shares of Amazon.com (NASDAQ:AMZN) traded up 2.59% on Wednesday, hitting $312.034. The stock had a trading volume of 2,946,988 shares. Amazon.com has a 52-week low of $218.18 and a 52-week high of $313.62. The stock has a 50-day moving average of $293.9 and a 200-day moving average of $278.1. The company’s market cap is $142.6 billion. Amazon.com also was the target of unusually large options trading on Wednesday. Stock investors acquired 15,810 put options on the stock. This is an increase of approximately 793% compared to the typical volume of 1,771 put options.
Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 25th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.13. The company had revenue of $15.70 billion for the quarter, compared to the consensus estimate of $15.73 billion. During the same quarter last year, the company posted $0.01 earnings per share. Amazon.com’s revenue was up 22.4% compared to the same quarter last year. On average, analysts predict that Amazon.com will post $0.86 earnings per share for the current fiscal year.
Amazon.com, Inc (NASDAQ:AMZN), incorporated on May 28, 1996, serves consumers through its retail websites and focus on selection, price, and convenience.
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