Amazon teases Prime launch as Marketplace and Alexa ecosystems grow

James Marshall
April 12, 2018

Amazon.com, Inc. (AMZN) has the market capitalization of 718.3 Billion. The beta value of AMZN stands at 1.62. Bank of Montreal Can now owns 558,105 shares of the e-commerce giant's stock worth $652,687,000 after acquiring an additional 48,847 shares during the last quarter. Brown Advisory Securities Ltd has invested 3.06% in Amazon.com, Inc.

Other hedge funds have also modified their holdings of the company. Zooming in to the past 4 weeks, shares have seen a change of -3.39%. The stock is trading away to its 50-day and 200-day moving averages by -2.83% and 22.85%, respectively. Amazon.com accounts for 0.1% of Strid Group LLC's holdings, making the stock its 27th largest position. The Stock Gem (TSG) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument, unless that information is subsequently confirmed on your own. WI lifted its position in Amazon.com by 13.7% in the 3rd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant's stock worth $106,000 after purchasing an additional 10 shares during the period. Finally, Mizuho Trust & Banking Co. Cypress Capital Mgmt Ltd Liability Corporation reported 0.08% in Amazon.com, Inc. Insiders have sold 6,214 shares of company stock valued at $9,251,120 in the last quarter. Amazon.com, Inc. has a 12-month low of $884.49 and a 12-month high of $1,617.54.

(NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st. The stock was sold at an average price of $1,577.85, for a total transaction of $788,925.00. (NASDAQ:AMZN) on Thursday, February 15. The e-commerce giant reported $2.16 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.85 by $0.31. The company had revenue of $32.71 billion for the quarter, compared to the consensus estimate of $32.69 billion. The event grew out of the company's AWS Summit and is created to give AWS customers guidance on how to innovate based on insights from visiting Amazon.com execs and high profile Australian companies running on AWS like Atlassian and Airtasker. The firm's quarterly revenue was up 38.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.17 earnings per share.

A number of research analysts have issued reports on AMZN shares. Goldman Sachs Group, Inc. Looking at the big picture from the data above, the average analyst rating for Amazon.com, Inc.is 1.70. The hardware is speedier than that of the Fire TV Stick, for a start - Amazon says 40-percent more powerful, in fact, and we definitely noticed an improvement in our review - and it comes with more memory. Zacks Investment Research raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating and set a $1,578.00 target price for the company in a research note on Wednesday, April 4th. The stock rating was maintained by Cowen & Co with "Buy" on Tuesday, February 27. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the firm's stock in a transaction that occurred on Friday, February 16th. This number is derived from the total net income divided by shares outstanding. Following the transaction, the chief executive officer now owns 58,139 shares in the company, valued at $44,601,333.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It operates through the North America, International, and Amazon Web Services divisions.The P/E ratio is 233.53. 69 investors sold all, 578 reduced holdings as AMZN ratio increased.

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