Amazon.com (NASDAQ:AMZN) Given Buy Rating at Roth Mkm

Roth Mkm reissued their buy rating on shares of Amazon.com (NASDAQ:AMZN) in a research report report published on Tuesday, Benzinga reports. They currently have a $205.00 price target on the e-commerce giant’s stock.

Several other research firms also recently issued reports on AMZN. Susquehanna upped their price objective on Amazon.com from $185.00 to $220.00 and gave the stock a positive rating in a report on Friday, February 2nd. Evercore ISI lifted their price objective on Amazon.com from $195.00 to $220.00 and gave the stock an outperform rating in a research note on Friday, February 2nd. Mizuho increased their target price on shares of Amazon.com from $220.00 to $230.00 and gave the stock a buy rating in a report on Friday, February 2nd. Canaccord Genuity Group increased their target price on Amazon.com from $185.00 to $200.00 and gave the stock a buy rating in a research note on Friday, February 2nd. Finally, Stifel Nicolaus upped their price target on shares of Amazon.com from $200.00 to $224.00 and gave the company a buy rating in a report on Tuesday. One analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Amazon.com presently has an average rating of Buy and a consensus target price of $201.98.

Amazon.com Trading Down 0.2 %

Shares of AMZN opened at $183.32 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.05. The company has a market cap of $1.91 trillion, a price-to-earnings ratio of 63.21, a PEG ratio of 1.62 and a beta of 1.17. The stock has a fifty day moving average price of $176.88 and a two-hundred day moving average price of $156.19. Amazon.com has a 52-week low of $101.15 and a 52-week high of $189.77.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. The business had revenue of $169.96 billion during the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 earnings per share. Analysts predict that Amazon.com will post 4.08 EPS for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the completion of the transaction, the chief executive officer now directly owns 116,560 shares in the company, valued at $18,150,723.20. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Amazon.com news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares in the company, valued at $18,150,723.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total transaction of $1,020,764,145.84. Following the completion of the transaction, the insider now directly owns 982,252,968 shares of the company’s stock, valued at approximately $167,140,165,034.88. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,214,010 shares of company stock valued at $5,505,874,846. Company insiders own 12.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Garrison Bradford & Associates Inc. increased its holdings in Amazon.com by 9.8% in the 1st quarter. Garrison Bradford & Associates Inc. now owns 14,867 shares of the e-commerce giant’s stock worth $2,682,000 after purchasing an additional 1,330 shares in the last quarter. Trifecta Capital Advisors LLC increased its stake in shares of Amazon.com by 8.8% in the first quarter. Trifecta Capital Advisors LLC now owns 98,459 shares of the e-commerce giant’s stock valued at $17,760,000 after buying an additional 7,930 shares during the period. First Dallas Securities Inc. raised its holdings in Amazon.com by 56.1% in the 1st quarter. First Dallas Securities Inc. now owns 21,242 shares of the e-commerce giant’s stock valued at $3,832,000 after buying an additional 7,636 shares during the last quarter. Reliant Investment Management LLC boosted its position in Amazon.com by 2.3% during the 1st quarter. Reliant Investment Management LLC now owns 34,017 shares of the e-commerce giant’s stock worth $6,136,000 after buying an additional 775 shares during the period. Finally, Monumental Financial Group Inc. bought a new stake in Amazon.com during the 1st quarter worth approximately $217,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.