Share on StockTwits

Amazon.com (NASDAQ:AMZN) SVP Jeffrey A. Wilke sold 1,876 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $325.61, for a total transaction of $610,844.36. Following the sale, the senior vice president now directly owns 43,952 shares of the company’s stock, valued at approximately $14,311,211. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Amazon.com (NASDAQ:AMZN) traded down 0.61% during mid-day trading on Tuesday, hitting $325.62. The stock had a trading volume of 2,924,058 shares. Amazon.com has a 52-week low of $265.00 and a 52-week high of $408.06. The stock has a 50-day moving average of $309.8 and a 200-day moving average of $351.. The company has a market cap of $149.8 billion and a P/E ratio of 511.11.

Amazon.com (NASDAQ:AMZN) last released its earnings data on Thursday, April 24th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The company had revenue of $19.74 billion for the quarter, compared to the consensus estimate of $19.42 billion. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was up 22.8% on a year-over-year basis. Analysts expect that Amazon.com will post $1.07 EPS for the current fiscal year.

A number of analysts have recently weighed in on AMZN shares. Analysts at Goldman Sachs upgraded shares of Amazon.com from a “buy” rating to a “conviction-buy” rating in a research note on Wednesday, June 11th. They now have a $430.00 price target on the stock, up previously from $400.00. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Amazon.com in a research note on Tuesday, May 20th. Finally, analysts at Edward Jones initiated coverage on shares of Amazon.com in a research note on Wednesday, April 30th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating, four have given a hold rating, twenty-five have issued a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $414.68.

Amazon.com, Inc (NASDAQ:AMZN) serves consumers through its retail websites and focus on selection, price, and convenience.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.