Round Table Services LLC increased its position in Amazon.com by 0.3% in the first quarter. Finally, Affinity Wealth Management increased its stake in Amazon.com by 0.5% in the third quarter. Blackburn Jeffrey M sold $3.53 million worth of stock or 4,787 shares. And Amazon's first-quarter results will be a major catalyst to that target. Ltd. now owns 696,134 shares of the e-commerce giant's stock valued at $522,899,000 after buying an additional 612,153 shares in the last quarter.
Amazon.com, Inc. (NASDAQ:AMZN) shares ended at $907.41 with 3.12 mln shares exchanging hands. Finally, Vontobel Asset Management Inc. increased its stake in Amazon.com by 12.1% in the third quarter. The firm owned 24,649 shares of the e-commerce giant's stock after selling 2,272 shares during the period. Crossvault Capital Limited Liability holds 4.31% in Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, February 21.
Shares of Amazon were trading up 1% at $908.11 on Monday, with a consensus analyst price target of $975.69 and a 52-week trading range of $599.20 to $923.72. B T Capital Management Dba Alpha Capital Management has invested 1.75% in Amazon.com, Inc.
Amazon.com, Inc. has a 50 day moving average of 874.28 and a 200 day moving average of 817.63. They expect $1.05 earnings per share, down 1.87% or $0.02 from last year's $1.07 per share. Wedbush expects Q1 revenue of $35.97 billion, compared to consensus of $35.30 billion and guidance of $33.25 - 35.75 billion, driven by strong growth of Prime memberships, solid sales of Amazon-branded products, and AWS growth. Jbf Cap has 1.88% invested in Amazon.com, Inc. The company's revenue for the quarter was up 22.4% compared to the same quarter a year ago. During the same quarter a year ago, the business posted $1.00 EPS. On average, equities research analysts predict that Amazon.com will post $7.23 earnings per share for the current year. "(AMZN)" was published by Transcript Daily and is the property of of Transcript Daily. If you are viewing this article on another website, it was stolen and reposted in violation of United States and worldwide trademark and copyright laws.
Cowen and Company reissued their outperform rating on shares of Amazon.com, Inc.
GSK warns of impact from generic drugs after solid Q1
She is set to continue funding GSK's dividend, a major lure for investors, at an unchanged level this year. It falls to her to place big bets on the drugs in earlier-stage development that hold most promise.
Institutional investors have recently bought and sold shares of the stock. Credit Suisse Group AG reaffirmed a buy rating and issued a $900.00 price target on shares of Amazon.com in a research note on Monday, April 10th. Maxim Group set a $940.00 price target on Amazon.com and gave the company a "buy" rating in a report on Thursday, January 5th. Macquarie Research maintained Amazon.com, Inc. Goldman Sachs upgraded AMZN to a conviction buy and $1,100 price target, while Wedbush raised its price target to $1,250. (NASDAQ:AMZN) for 10,636 shares. The stock lost -0.39% in total of its share price. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
In related news, Director Tom A. Alberg sold 590 shares of Amazon.com stock in a transaction on Tuesday, February 21st.
On 12/9/2016 Jeffrey A Wilke, CEO, sold 4,890 with an average share price of $767.15 per share and the total transaction amounting to $3,751,363.50. Following the completion of the transaction, the director now directly owns 22,525 shares in the company, valued at $19,146,250. The disclosure for this sale can be found here. Corporate insiders own 17.70% of the company's stock.
The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.
Wedbush says that Amazon Web Services in the "growth engine" for Amazon and the key to expanding margins.
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