Amazon.com (NASDAQ:AMZN) Trading Up 0.2% - What's Next?

Amazon.com, Inc. (NASDAQ:AMZN) shares were up 0.2% during mid-day trading on Monday . The company traded as high as $187.44 and last traded at $185.25. Approximately 15,784,967 shares were traded during trading, a decline of 62% from the average daily volume of 41,509,655 shares. The stock had previously closed at $184.87.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMZN. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $275.00 target price on shares of Amazon.com in a research report on Friday, February 7th. Wolfe Research increased their price objective on Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. JPMorgan Chase & Co. dropped their price target on shares of Amazon.com from $270.00 to $220.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Stifel Nicolaus lifted their price objective on shares of Amazon.com from $245.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, Canaccord Genuity Group reissued a "buy" rating on shares of Amazon.com in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $252.73.

Amazon.com Price Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company has a fifty day moving average of $199.65 and a 200-day moving average of $207.97. The firm has a market cap of $1.83 trillion, a P/E ratio of 31.19, a P/E/G ratio of 1.50 and a beta of 1.39.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, SVP David Zapolsky sold 19,212 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $217.50, for a total value of $4,178,610.00. Following the completion of the sale, the senior vice president now directly owns 49,950 shares of the company's stock, valued at $10,864,125. This trade represents a 27.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $228.44, for a total value of $1,256,648.44. Following the transaction, the chief executive officer now owns 505,318 shares of the company's stock, valued at $115,434,843.92. The trade was a 1.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,798 shares of company stock worth $23,341,803 in the last quarter. 10.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Rench Wealth Management Inc. boosted its holdings in Amazon.com by 7.9% during the 3rd quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant's stock valued at $9,392,000 after acquiring an additional 3,703 shares during the period. Blankinship & Foster LLC boosted its stake in shares of Amazon.com by 216.4% during the third quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock valued at $1,291,000 after purchasing an additional 4,740 shares during the period. One Wealth Capital Management LLC bought a new position in shares of Amazon.com in the fourth quarter worth approximately $4,270,000. Floyd Financial Group LLC bought a new stake in Amazon.com in the 4th quarter worth $4,494,000. Finally, Washington Trust Advisors Inc. increased its position in shares of Amazon.com by 0.4% in the third quarter. Washington Trust Advisors Inc. now owns 225,254 shares of the e-commerce giant's stock valued at $41,972,000 after acquiring an additional 982 shares during the period. Institutional investors own 72.20% of the company's stock.

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.