Goldman Sachs set a $760.00 target price on Amazon.com, Inc. (NASDAQ:AMZN) in a report issued on Friday, Marketbeat reports. The firm currently has a a buy rating on the e-commerce giant’s stock.

A number of other equities analysts have also recently weighed in on the company. Vetr raised Amazon.com from a sell rating to a hold rating and set a $653.68 price target on the stock in a research note on Monday, November 16th. Credit Suisse lifted their price target on Amazon.com from $570.18 to $800.00 and gave the stock an outperform rating in a research note on Tuesday, January 19th. Monness Crespi & Hardt cut Amazon.com from a buy rating to a neutral rating and lifted their price target for the stock from $656.00 to $675.89 in a research note on Monday, January 4th. They noted that the move was a valuation call. Zacks Investment Research raised Amazon.com from a hold rating to a buy rating and set a $738.00 price target on the stock in a research note on Wednesday, December 16th. Finally, Deutsche Bank reissued a buy rating on shares of Amazon.com in a research note on Sunday, October 4th. Nine analysts have rated the stock with a hold rating, thirty-nine have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of $706.00.

In other Amazon.com news, Director Patricia Q. Stonesifer sold 6,250 shares of the firm’s stock in a transaction on Thursday, December 3rd. The stock was sold at an average price of $678.86, for a total transaction of $4,242,875.00. Following the transaction, the director now owns 25,423 shares in the company, valued at approximately $17,258,657.78. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Diego Piacentini sold 17,016 shares of the firm’s stock in a transaction on Monday, November 16th. The stock was 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.

A number of institutional investors recently bought and sold shares of AMZN. Cookson Peirce & Co. Inc. raised its position in Amazon.com by 14.3% in the fourth quarter. Cookson Peirce & Co. Inc. now owns 30,512 shares of the e-commerce giant’s stock worth $20,623,000 after buying an additional 3,807 shares during the period. Highland Capital Management LLC raised its position in Amazon.com by 182.1% in the fourth quarter. Highland Capital Management LLC now owns 9,555 shares of the e-commerce giant’s stock worth $6,458,000 after buying an additional 6,168 shares during the period. Somerset Group LLC raised its position in Amazon.com by 0.8% in the fourth quarter. Somerset Group LLC now owns 2,666 shares of the e-commerce giant’s stock worth $1,802,000 after buying an additional 20 shares during the period. Coconut Grove Bank bought a new position in Amazon.com during the fourth quarter worth approximately $412,000. Finally, Mitchell Mcleod Pugh & Williams Inc. raised its position in Amazon.com by 9.4% in the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 730 shares of the e-commerce giant’s stock worth $493,000 after buying an additional 63 shares during the period.

Amazon.com (NASDAQ:AMZN) traded down 2.98% on Friday, reaching $583.35. 5,149,560 shares of the company traded hands. Amazon.com has a 52-week low of $299.33 and a 52-week high of $696.44. The stock has a market capitalization of $273.45 billion and a price-to-earnings ratio of 835.74. The firm has a 50 day moving average price of $635.59 and a 200 day moving average price of $578.57.

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

Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here).

Receive News & Ratings for Amazon.com Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com Inc. and related companies with MarketBeat.com's FREE daily email newsletter.