On average, equities analysts predict that Amazon.com will post $4.76 earnings per share for the current fiscal year. (NASDAQ:AMZN) during the fourth quarter, according to its most recent disclosure with the SEC.
Previously on 4/17/2017, Credit Suisse released a statement about Amazon (NASDAQ:AMZN) increased the target price from $900.00 to $1,050.00.
A number of hedge funds have recently added to or reduced their stakes in the company. Bartlett & Co. LLC now owns 120 shares of the e-commerce giant's stock worth $100,000 after buying an additional 8 shares in the last quarter. Baltimore Washington Financial Advisors Inc. purchased a new position in Amazon.com during the fourth quarter valued at $23,951,000. Bartlett & Co. LLC boosted its position in Amazon.com by 7.1% in the third quarter. D Orazio & Associates Inc. boosted its position in shares of Amazon.com by 8.0% in the fourth quarter. First PREMIER Bank now owns 191 shares of the e-commerce giant's stock valued at $169,000 after buying an additional 15 shares in the last quarter. Shamrock Asset Management LLC now owns 240 shares of the e-commerce giant's stock worth $201,000 after buying an additional 75 shares during the period.
(NASDAQ:AMZN) has insider ownership of 17.70% and institutional ownership of 65.08%.
Amazon.com, Inc. offers a range of products and services through its Websites. The firm has a market capitalization of $429.68 billion, a PE ratio of 183.77 and a beta of 1.40.
On 8/15/2016 Shelley Reynolds, VP, sold 625 with an average share price of $770.10 per share and the total transaction amounting to $481,312.50. The e-commerce giant reported $1.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.35 by $0.19. Amazon.com had a net margin of 1.74% and a return on equity of 13.87%. The firm earned $43.74 billion during the quarter, compared to analyst estimates of $44.66 billion. During the same period in the previous year, the firm posted $1.00 earnings per share. The firm's revenue for the quarter was up 22.4% on a year-over-year basis. Goldman Sachs Group Inc reaffirmed a buy rating on shares of Amazon.com in a research note on Thursday, January 26th.
COPYRIGHT VIOLATION NOTICE: This piece was first reported by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law. The original version of this piece can be viewed at https://transcriptdaily.com/2017/04/20/amazon-com-inc-amzn-position-maintained-by-thrax-management-llc.html.
Janus Capital Management LLC decreased its stake in shares of Amazon.com, Inc. Robert W. Baird reiterated an outperform rating and issued a $850.00 price target on shares of Amazon.com in a report on Sunday, January 8th. MKM Partners reaffirmed a buy rating on shares of Amazon.com in a research note on Thursday, March 30th.
Today, Amazon.com (NASDAQ:AMZN) stock was downgraded by Wolfe Research from Outperform to Market Perform. Five equities research analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the stock. Amazon.com presently has a consensus rating of Buy and an average price target of $960.04.
In other Amazon.com news, insider David Zapolsky sold 503 shares of the stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $850.00, for a total transaction of $501,500.00. Following the completion of the sale, the director now owns 22,525 shares of the company's stock, valued at approximately $19,146,250. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Tom A. Alberg sold 590 shares of the stock in a transaction on Tuesday, February 21st. Following the sale, the insider now owns 2,523 shares of the company's stock, valued at $2,144,550. The Company operates through three segments: North America, International and Amazon Web Services (AWS).
The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.