This makes nearly $53.6 billion of the market value of Amazon. The stock has "Buy" rating by William Blair on Monday, December 4.
And while the shipping stock has flown under the radar of options traders, lower-than-usual volatility expectations are now being priced into short-term contracts - a potential boon to those purchasing premium. The fund owned 5,012 shares of the e-commerce giant's stock after purchasing an additional 448 shares during the quarter.
Amazon.com, Inc. (AMZN) added 1.11% to reach $1447.34 in the previous trading session. UMB Bank N A MO increased its holdings in shares of Amazon.com by 7.2% during the fourth quarter. Finally, Ballentine Partners LLC lifted its position in shares of Amazon.com by 22.5% in the 2nd quarter.
The company is expected to report earnings of $1.25 a share for the next quarter. Institutional investors and hedge funds own 60.21% of the company's stock.
Several other equities analysts have also recently weighed in on AMZN. Wolfe Research upgraded Amazon.com from a "peer perform" rating to an "outperform" rating in a report on Friday, February 23rd. Loop Capital increased their target price on shares of Amazon.com to $1,600.00 in a research report on Friday, February 2nd.
The immediate affect of this tweet was Amazon shares falling as much as 4.5 percent in morning trade on the day, but later pared losses, down 1.3 percent at midday. Four analysts have rated the stock with a hold rating, forty-nine have issued a buy rating and one has assigned a strong buy rating to the company. The company has a market cap of $700,667.38, a P/E ratio of 318.10, a price-to-earnings-growth ratio of 6.36 and a beta of 1.54. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89.
Maximum and minimum EPS estimate for the current quarter is projected at $2.45 and $0.79, respectively, according to 39 analysts. They expect $0.46 EPS, up 6.98% or $0.03 from last year's $0.43 per share. Finally, Mountain Capital Investment Advisors Inc purchased a new stake in shares of Amazon.com during the second quarter worth $121,000. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The company had Year Ago Sales of 35.71 Billion.
Daniel Ives, GBH Insights analyst said, "With Facebook and regulatory worries, the last thing nervous tech investors wanted to see was news that Trump is targeting Bezos and Amazon over the coming months as this remains a lingering cloud over the stock and heightens the risk profile in the eyes of the Street." . Jassy Andrew R also sold $2.90 million worth of Amazon.com, Inc. The shares were sold at an average price of $1,454.37, for a total value of $2,908,740.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. The shares were sold at an average price of $1,462.32, for a total transaction of $795,502.08. Following the transaction, the chief executive officer now directly owns 10,000 shares of the company's stock, valued at approximately $15,778,500.
President Trump lashed out at Amazon on Twitter a day after an Axios report said he planned to "go after" the retail giant.
ILLEGAL ACTIVITY NOTICE: "Laurel Grove Capital LLC Decreases Position in Amazon.com, Inc". If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & worldwide copyright and trademark laws. (NASDAQ:AMZN). Monroe Bancshares And Mi holds 0.14% of its portfolio in Amazon.com, Inc.