The stock has seen its SMA50 which is now -1.30%. BidaskClub raised shares of Amazon.com from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 24th. It increased, as 69 investors sold AMZN shares while 578 reduced holdings. Westfield Capital Management Company Lp who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $700.67 billion market cap company. Venturi Wealth Management LLC now owns 632 shares of the e-commerce giant's stock worth $612,000 after purchasing an additional 2 shares during the last quarter.
Investor concerns about regulatory action sent Amazon shares down 3.3 per cent over Wednesday and Thursday, knocking $24 billion off the company's market value. Whitnell & Co. now owns 109 shares of the e-commerce giant's stock worth $105,000 after purchasing an additional 93 shares during the period. Archford Capital Strategies LLC increased its stake in Amazon.com by 17,242.2% in the second quarter. The Stock now has a Weekly Volatility of 5.08% and Monthly Volatility of 2.65%.
Institutional investors now hold around $426.36 billion or 61.8% in AMZN stock. The shares were sold at an average price of $1,454.37, for a total transaction of $2,908,740.00. The company presently has an average rating of "Buy" and an average price target of $1,481.38. Following the sale, the vice president now owns 6,533 shares of the company's stock, valued at $9,553,336.56. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the stock in a transaction on Friday, February 16th. The disclosure for this sale can be found here. Insiders have sold 6,214 shares of company stock valued at $9,251,120 in the last ninety days.
Technical Analysis of Amazon.com, Inc.: ATR stands at 46.77 while a Beta factor of the stock stands at 1.55. The hedge fund run by Scott Mclellan held 1.12M shares of the prepackaged software company at the end of 2017Q4, valued at $95.81 million, down from 1.31M at the end of the previous reported quarter. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year.
(NASDAQ:AMZN) last issued its earnings results on Thursday, February 1st.
Analysts Mean Recommendation/Target Price/Volume: The stock exchanged hands with 12554104 numbers of shares contrast to its average daily volume of 5.81M shares. The firm had revenue of $60.45 billion for the quarter, compared to analysts' expectations of $59.85 billion.
Businesses use net income to calculate their earnings per share (EPS).
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. BidaskClub lowered Amazon.com from a "strong-buy" rating to a "buy" rating in a report on Friday. Loop Capital set a $1,700.00 target price on shares of Amazon.com and gave the company a "buy" rating in a report on Tuesday.
Amazon.com, Inc., a United States of America based Company, belongs to Services sector and Catalog & Mail Order Houses industry. Amazon.com makes up approximately 1.3% of Schwab Charles Investment Management Inc.'s investment portfolio, making the stock its 5th largest holding.
Intraday Trading of Amazon.com, Inc.: The Services stock finished its last trading at $1447.34 while performed a change of 1.11% on Thursday.