Amazon.com, Inc. (NASDAQ:AMZN) announced its quarterly earnings data on Thursday. The e-commerce giant reported $1.00 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.56 by $0.56, Analyst Ratings Net reports.

Amazon.com (NASDAQ:AMZN) traded up 8.91% during midday trading on Thursday, hitting $635.35. The stock had a trading volume of 10,471,697 shares. The firm has a 50-day moving average price of $632.74 and a 200-day moving average price of $578.61. Amazon.com has a 1-year low of $299.33 and a 1-year high of $696.44. The firm has a market capitalization of $297.83 billion and a price-to-earnings ratio of 910.24.

In other news, Director Thomas O. Ryder sold 4,000 shares of Amazon.com stock in a transaction dated Monday, November 16th. The stock was sold at an average price of $636.84, for a total transaction of $2,547,360.00. Following the transaction, the director now owns 24,653 shares in the company, valued at approximately $15,700,016.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Diego Piacentini sold 17,016 shares of the business’s stock in a transaction that occurred on Monday, November 16th. The shares were sold at an average price of $630.89, for a total value of $10,735,224.24. The disclosure for this sale can be found here.

Several analysts recently commented on the stock. Morgan Stanley reiterated a “buy” rating and issued a $750.00 price objective on shares of Amazon.com in a research note on Friday, October 23rd. Sanford C. Bernstein restated a “buy” rating and set a $800.00 target price on shares of Amazon.com in a report on Friday, October 30th. Vetr downgraded shares of Amazon.com from a “hold” rating to a “sell” rating and set a $649.13 target price for the company. in a report on Wednesday, November 11th. Cantor Fitzgerald restated a “buy” rating and set a $750.00 target price on shares of Amazon.com in a report on Sunday. Finally, RBC Capital restated an “outperform” rating and set a $775.00 target price on shares of Amazon.com in a report on Wednesday. Nine research analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has given a strong buy rating to the company. Amazon.com currently has an average rating of “Buy” and a consensus target price of $706.00.

Amazon.com, Inc. (NASDAQ:AMZN) is an e-commerce company. The Company sells a range of products and services through its Websites. The Company’s products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Company’s operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.

12 Month Chart for NASDAQ:AMZN

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