Traders sold shares of Amazon.com Inc. (NASDAQ:AMZN) on strength during trading hours on Tuesday. $388.09 million flowed into the stock on the tick-up and $441.17 million flowed out of the stock on the tick-down, for a money net flow of $53.08 million out of the stock. Of all stocks tracked, Amazon.com had the 0th highest net out-flow for the day. Amazon.com traded up $5.12 for the day and closed at $780.22

Several equities research analysts recently commented on AMZN shares. Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a $920.00 target price on shares of Amazon.com in a research note on Thursday, September 8th. Evercore ISI reaffirmed a “buy” rating and set a $1,015.00 target price (up previously from $930.00) on shares of Amazon.com in a research note on Friday, September 16th. Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $900.00 target price on shares of Amazon.com in a research note on Wednesday, September 7th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $925.00 target price on shares of Amazon.com in a research note on Friday, September 9th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $1,000.00 target price on shares of Amazon.com in a research note on Friday, September 16th. Seven investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $864.64.

The stock has a market capitalization of $369.88 billion, a PE ratio of 194.04 and a beta of 1.11. The stock has a 50 day moving average of $768.04 and a 200 day moving average of $696.03.

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Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 28th. The e-commerce giant reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.67. The firm had revenue of $30.40 billion for the quarter, compared to analysts’ expectations of $29.54 billion. Amazon.com had a return on equity of 13.52% and a net margin of 1.60%. The company’s revenue was up 31.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.19 EPS. On average, equities research analysts forecast that Amazon.com Inc. will post $5.76 EPS for the current year.

In other news, VP Shelley Reynolds sold 625 shares of the company’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $770.10, for a total value of $481,312.50. Following the completion of the sale, the vice president now directly owns 6,519 shares in the company, valued at approximately $5,020,281.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David Zapolsky sold 2,019 shares of the company’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $769.67, for a total value of $1,553,963.73. Following the completion of the sale, the insider now owns 2,469 shares of the company’s stock, valued at $1,900,315.23. The disclosure for this sale can be found here. Insiders own 17.70% of the company’s stock.

Large investors have recently bought and sold shares of the company. Pathstone Family Office LLC raised its stake in Amazon.com by 92.1% in the second quarter. Pathstone Family Office LLC now owns 146 shares of the e-commerce giant’s stock valued at $105,000 after buying an additional 70 shares during the period. Kistler Tiffany Companies LLC raised its stake in Amazon.com by 906.7% in the second quarter. Kistler Tiffany Companies LLC now owns 151 shares of the e-commerce giant’s stock valued at $108,000 after buying an additional 136 shares during the period. Kings Point Capital Management bought a new stake in Amazon.com during the second quarter valued at approximately $109,000. Krilogy Financial LLC raised its stake in Amazon.com by 157.1% in the second quarter. Krilogy Financial LLC now owns 198 shares of the e-commerce giant’s stock valued at $142,000 after buying an additional 121 shares during the period. Finally, West Oak Capital LLC raised its stake in Amazon.com by 105.7% in the second quarter. West Oak Capital LLC now owns 216 shares of the e-commerce giant’s stock valued at $155,000 after buying an additional 111 shares during the period. Hedge funds and other institutional investors own 65.44% of the company’s stock.

About Amazon.com

Amazon.com, Inc offers a range of products and services through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Company has three segments: North America, International and Amazon Web Services (AWS).

5 Day Chart for NASDAQ:AMZN

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