Amazon.com, Inc. (NASDAQ:AMZN) has risen 6.00% since April 19, 2017 and is uptrending. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 175,470 shares of the e-commerce giant’s stock worth $175,000 after buying an additional 175,253 shares in the last quarter.
Over the past 50 days, Amazon.com, Inc. stock’s -0.42% off of the high and 15.89% removed from the low. Pittenger & Anderson Inc.’s holdings in Amazon.com were worth $7,510,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 65.08% of the company’s stock. The institutional investor held 5,272 shares of the consumer services company at the end of 2016Q4, valued at $3.95M, up from 1,206 at the end of the previous reported quarter. Forbes J M & Co. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. Bollard Group LLC now owns 18,176 shares of the e-commerce giant’s stock worth $15,219,000 after buying an additional 5,300 shares in the last quarter. Bartlett & Co. LLC increased its stake in shares of Amazon.com by 7.1% in the third quarter. Segment Wealth Management LLC now owns 427 shares of the e-commerce giant’s stock worth $358,000 after buying an additional 30 shares in the last quarter. David R Rahn & Associates Inc bought 4,066 shares as the company’s stock 0.00%. Amazon.com, Inc. Going from the most negative analyst price target to above consensus is one thing.
Shares of Amazon.com (NASDAQ:AMZN) traded up 0.14% on Thursday, reaching $959.84. Following the transaction, the insider now owns 2,523 shares of the company’s stock, valued at $2,144,550. Amazon.com, Inc. has a one year low of $682.12 and a one year high of $970.06.
A look at some of the inputs to technical analysis model shows how Amazon.com, Inc. current price compares to its recent moving averages. The firm has a market cap of $461.24 billion, a PE ratio of 181.730 and a beta of 1.40.
(NASDAQ:AMZN) last issued its earnings results on Thursday, April 27th. The consensus mean EPS for the current quarter is at $1.39 derived from a total of 37 estimates from the analysts who have weighed in on projected earnings. Veritable Lp has 0.24% invested in Amazon.com, Inc. The business had revenue of $35.71 billion during the quarter, compared to analysts’ expectations of $35.31 billion. During the same period in the previous year, the company earned $1.07 earnings per share. The firm’s revenue for the quarter was up 22.6% compared to the same quarter a year ago.
Analysts await Amazon.com, Inc. Introduces New Fire Tablets With Alexa (AMZN)” published on May 18, 2017, Investorplace.com published: “Why Amazon.com, Inc.
The Top 20 Most Sold list ranks the most books sold, pre-ordered or borrowed each week from Amazon.com, Audible.com and Amazon Books. “(AMZN) Given Buy Rating at Macquarie” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another site, it was stolen and reposted in violation of USA and worldwide copyright and trademark legislation. The original version of this article can be viewed at https://www.themarketsdaily.com/2017/05/19/credit-suisse-group-ag-reaffirms-outperform-rating-for-amazon-com-inc-amzn-updated-updated-updated.html. Analyst’s mean target price for AMZN is $1085.42 while analysts mean recommendation is 1.90. William Blair restated a “buy” rating on shares of Amazon.com in a research report on Saturday, March 11th. Citigroup maintained the shares of AMZN in report on Friday, July 29 with “Buy” rating. Stock has got OUTPERFORM rating from 23 analysts of Thomson Reuters, 5 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. Finally, MKM Partners reaffirmed a “buy” rating and set a $995.00 price target on shares of Amazon.com in a research report on Tuesday, February 7th. Finally, Benchmark Co. reissued a “buy” rating on shares of Amazon.com in a research report on Tuesday, January 24th. Six research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. Stifel Nicolaus has “Buy” rating and $775 target.
In other news, Director Tom A. Alberg sold 735 shares of the stock in a transaction that occurred on Tuesday, May 9th.
LendingClub Corporation (NYSE:LC) ended its day at $5.55 with the rising stream of -0.89% and its total traded volume was 3.87 million shares less than the average volume. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider David Zapolsky sold 503 shares of Amazon.com stock in a transaction that occurred on Tuesday, February 21st. The disclosure for this sale can be found here. Insiders have sold a total of 1,005,003 shares of company stock worth $945,376,467 in the last three months. Typically, they estimate what the company’s earnings and cash flow will be for the next couple of years, and then apply a ratio – such as a price-to-earnings ratio – to those estimates to determine what the future stock price should theoretically be. Capstone Invest Advsrs Ltd Liability Com invested 0.01% of its portfolio in J C Penney Company Inc (NYSE:JCP).
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