Credit Suisse Group AG reissued their buy rating on shares of Amazon.com, Inc. (NASDAQ:AMZN) in a research note published on Monday. The brokerage currently has a $900.00 price target on the e-commerce giant’s stock.

Several other research analysts also recently commented on AMZN. William Blair reissued an outperform rating on shares of Amazon.com in a research note on Tuesday, December 13th. Bank of America Corp reissued a buy rating and issued a $1,125.00 price objective (up from $960.00) on shares of Amazon.com in a research note on Friday, December 16th. BMO Capital Markets reissued an outperform rating on shares of Amazon.com in a research note on Friday, December 16th. Cantor Fitzgerald reaffirmed an overweight rating on shares of Amazon.com in a research note on Friday, December 16th. Finally, Cowen and Company reaffirmed an outperform rating and issued a $1,050.00 target price on shares of Amazon.com in a research note on Saturday, December 17th. Five research analysts have rated the stock with a hold rating and forty-seven have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $970.66.

Shares of Amazon.com (NASDAQ:AMZN) traded up 0.2554% during midday trading on Monday, hitting $909.9383. 262,220 shares of the stock were exchanged. Amazon.com has a 1-year low of $599.20 and a 1-year high of $923.72. The firm has a 50-day moving average of $876.02 and a 200-day moving average of $818.13. The company has a market capitalization of $434.20 billion, a P/E ratio of 185.7017 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 2nd. The e-commerce giant reported $1.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.19. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. The firm earned $43.74 billion during the quarter, compared to the consensus estimate of $44.66 billion. During the same period in the prior year, the company earned $1.00 EPS. The firm’s revenue was up 22.4% compared to the same quarter last year. On average, equities analysts expect that Amazon.com will post $7.23 EPS for the current year.

In other news, insider David Zapolsky sold 503 shares of the company’s stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total value of $427,550.00. Following the completion of the sale, the insider now owns 2,523 shares of the company’s stock, valued at $2,144,550. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Tom A. Alberg sold 590 shares of the company’s stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $850.00, for a total value of $501,500.00. Following the completion of the sale, the director now directly owns 22,525 shares of the company’s stock, valued at approximately $19,146,250. The disclosure for this sale can be found here. 17.70% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the company. Bartlett & Co. LLC increased its position in shares of Amazon.com by 7.1% in the third quarter. Bartlett & Co. LLC now owns 120 shares of the e-commerce giant’s stock worth $100,000 after buying an additional 8 shares in the last quarter. OLD Second National Bank of Aurora increased its position in shares of Amazon.com by 15.0% in the first quarter. OLD Second National Bank of Aurora now owns 115 shares of the e-commerce giant’s stock worth $102,000 after buying an additional 15 shares in the last quarter. Ibex Wealth Advisors acquired a new position in shares of Amazon.com during the fourth quarter worth approximately $113,000. D. Scott Neal Inc. increased its position in shares of Amazon.com by 3,000.0% in the third quarter. D. Scott Neal Inc. now owns 155 shares of the e-commerce giant’s stock worth $130,000 after buying an additional 150 shares in the last quarter. Finally, Empirical Finance LLC acquired a new position in shares of Amazon.com during the fourth quarter worth approximately $152,000. 65.08% of the stock is owned by institutional investors.

Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites.

The article first appeared in com-unik.info