Amazon.com, Inc. (AMZN) Went Down 1.45% in the last trading session

Carla Harmon
May 16, 2017

(NASDAQ:AMZN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 65.08% of the company's stock. Menora Mivtachim Holdings LTD. now owns 33,550 shares of the e-commerce giant's stock worth $25,158,000 after buying an additional 17,050 shares in the last quarter. Davis R M Inc. increased its stake in Amazon.com by 3.5% in the third quarter. Cigna Investments Inc. New bought a new position in shares of Amazon.com during the fourth quarter worth about $11,707,000.

Amazon.com, Inc. (NASDAQ:AMZN)'s stock had its "buy" rating reissued by Oppenheimer Holdings Inc.in a report released on Monday. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in Amazon.com by 46.5% in the first quarter. (NASDAQ:AMZN) have seen a consistent move higher lately.

Inc (NASDAQ:AMZN) shares traded 1.45% up during most recent session to reach at the closing price of $961.35.


Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $1085.42 while their mean recommendation is 1.90 (1=Buy, 5=sell). Amazon.com also was the target of some unusual options trading on Friday. Stock traders bought 74,224 put options on the company. This is an increase of approximately 139% compared to the average daily volume of 31,069 put options.

(NASDAQ:AMZN) last issued its earnings results on Thursday, April 27th. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.77 on scale of 1-5. Covering sell-side analysts are estimating company growth for next year to be 70.05%. Presently, it has a Return on Equity (ROE) of 13.70% and Return on Investment (ROI) of 7.10%. The business's quarterly revenue was up 22.6% on a year-over-year basis. Shares have dropped by more than 10% and an average of 36% from their intrayear peak in each of the past 20 years, Michael Batnick, the director of research at Ritholtz Wealth Management, said in a January note. Equities research analysts anticipate that Amazon.com, Inc. will post $6.69 earnings per share for the current fiscal year. Looking at this figure it suggests that the shares of Amazon.com, Inc.

It's been a wild ride for Amazon (AMZN) since the Silicon Valley giant first went public 20 years ago today. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and worldwide trademark & copyright law. Cowen and Company reiterated an "outperform" rating and issued a $1,050.00 price objective on shares of Amazon.com in a research report on Monday, April 24th. Vetr upgraded shares of Amazon.com from a "hold" rating to a "buy" rating and set a $884.00 price objective on the stock in a research note on Tuesday, February 28th. The company's stock had a trading volume of 305 shares. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. OLD Second National Bank of Aurora now owns 115 shares of the e-commerce giant's stock valued at $102,000 after buying an additional 15 shares during the period. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.


In other Amazon.com news, CEO Jeffrey P. Bezos sold 1,000,000 shares of the company's stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $940.74, for a total value of $940,740,000.00. Following the transaction, the chief executive officer now directly owns 80,857,196 shares of the company's stock, valued at approximately $76,065,598,565.04. The disclosure for this sale can be found here. The share price of the stock surged 15.29% for the year. However the six-month change in the insider ownership was recorded -1.3%, as well as three-month change in the institutional ownership was recorded 0.15%.

Macy's, Inc. (NYSE:M) shares moved to $23.61 after starting the day at $24.41 on Friday.


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