Are Analysts Bullish Amazon.com, Inc. (NASDAQ:AMZN) After Last Week?

Why Trump is Right About Amazon

The brokerage now has a "fair value" rating on the e-commerce giant's stock. Jaffetilchin Inv Prtn Ltd Liability Corporation stated it has 0.14% of its capital in Amazon.com, Inc. Cibc Bank USA's holdings in Amazon.com were worth $4,461,000 as of its most recent SEC filing. It improved, as 69 investors sold AMZN shares while 578 reduced holdings. Whitnell & Co. increased its position in Amazon.com by 581.3% during the 3rd quarter. WI now owns 904 shares of the e-commerce giant's stock worth $869,000 after acquiring an additional 109 shares in the last quarter. Hall Capital Management Co. Capital Interest Sarl has invested 0.63% in Amazon.com, Inc. CI Investments Inc. now owns 56,995 shares of the e-commerce giant's stock valued at $54,792,000 after acquiring an additional 400 shares in the last quarter. It also increased its holding in Gamestop Corp New (NYSE:GME) by 187,015 shares in the quarter, for a total of 1.48M shares, and has risen its stake in Illinois Tool Wks Inc (NYSE:ITW). Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant's stock worth $123,000 after purchasing an additional 50 shares in the last quarter. ARGI Investment Services LLC increased its position in shares of Amazon.com by 7.9% in the second quarter. 9,005 The Procter & Gamble Company (NYSE:PG) shares with value of $739,189 were sold by Posada Juan Fernando.

Shares of NASDAQ AMZN traded up $41.18 during midday trading on Tuesday, hitting $1,451.75. Checking on recent price levels compared to prior highs and lows, we have seen that Amazon.com, Inc. The stock has a market capitalization of $673,901.44, a price-to-earnings ratio of 319.07, a P/E/G ratio of 6.11 and a beta of 1.59. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04. (NASDAQ:AMZN) was sold by Blackburn Jeffrey M on Thursday, February 15. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.85 by $0.31.

Amazon.com, Inc. (NASDAQ:AMZN) yearly performance is 60.09% and net profit margin is 1.70%. The firm's quarterly revenue was up 38.2% on a year-over-year basis.

Amazon shares fell as much as 10% in the days following a March 28 report by the news website Axios citing a source as saying Trump was "obsessed" with the company and wanted to go after it. Wall Street analysts covering the stock are projecting that the stock will reach $1670.66 within the next 52-weeks. Ltd. boosted its stake in shares of Amazon.com by 1.0% in the second quarter. Vetr raised shares of Amazon.com from a sell rating to a hold rating and set a $1,155.74 price target for the company in a research report on Wednesday, November 29th. Robert W. Baird reiterated a "buy" rating and issued a $1,310.00 price objective on shares of Amazon.com in a research note on Monday, January 8th.

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Analysts have a mean recommendation of 1.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Amazon.com, Inc. (AMZN) stock gained attention from Active Investors. Capital Wealth Planning Llc bought 4,489 shares as the company's stock declined 15.56% with the market. The shares were sold at an average price of $1,454.37, for a total transaction of $2,908,740.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

In other news, CEO Jeffrey A. Wilke sold 500 shares of the business's stock in a transaction on Wednesday, March 21st. The institutional investor held 303,042 shares of the finance company at the end of 2017Q4, valued at $10.38M, down from 437,334 at the end of the previous reported quarter. The disclosure for this sale can be found here. In the last quarter, insiders have sold 6,214 shares of company stock valued at $9,251,120. Corporate insiders own 17.70% of the company's stock.

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