SunTrust reiterated their neutral rating on shares of Amazon.com, Inc. (NASDAQ:AMZN) in a report released on Wednesday, AnalystRatings.Net reports. They currently have a $625.00 price objective on the e-commerce giant’s stock.

In related news, SVP Diego Piacentini sold 17,016 shares of the stock in a transaction dated Monday, November 16th. The shares were sold at an average price of $630.89, for a total transaction of $10,735,224.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Patricia Q. Stonesifer sold 6,250 shares of the stock in a transaction dated 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 directly owns 25,423 shares of the company’s stock, valued at $17,258,657.78. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently bought and sold shares of the company. Baystate Wealth Management purchased a new position in Amazon.com during the fourth quarter valued at about $215,000. Park National bought a new position in shares of Amazon.com during the fourth quarter valued at $219,000. CT Financial Advisors raised its position in shares of Amazon.com by 133.3% in the fourth quarter. CT Financial Advisors now owns 350 shares of the e-commerce giant’s stock valued at $236,562 after buying an additional 200 shares during the last quarter. Detwiler Fenton Investment Management bought a new position in shares of Amazon.com during the fourth quarter valued at $241,000. Finally, Beacon Financial Group bought a new position in shares of Amazon.com during the fourth quarter valued at $247,000.

A number of other equities research analysts also recently issued reports on the company. Vetr upgraded Amazon.com from a sell rating to a hold rating and set a $653.68 price objective on the stock in a research report on Monday, November 16th. Credit Suisse upped their target price on Amazon.com from $570.18 to $800.00 and gave the company 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 upped their target price for the company 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 target price on the stock in a research note on Wednesday, December 16th. Finally, Deutsche Bank reaffirmed a buy rating on shares of Amazon.com in a research note on Sunday, October 4th. Nine investment analysts have rated the stock with a hold rating, thirty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Amazon.com presently has a consensus rating of Buy and an average target price of $706.00.

Shares of Amazon.com (NASDAQ:AMZN) traded up 0.03% on Wednesday, reaching $596.53. The company’s stock had a trading volume of 4,396,079 shares. The firm has a 50-day moving average price of $637.67 and a 200 day moving average price of $577.42. Amazon.com has a one year low of $299.33 and a one year high of $696.44. The firm has a market capitalization of $279.63 billion and a PE ratio of 854.63.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 22nd. The e-commerce giant reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.30. The company had revenue of $25.36 billion for the quarter, compared to analysts’ expectations of $24.91 billion. The company’s revenue for the quarter was up 23.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.95) earnings per share. On average, analysts anticipate that Amazon.com will post $1.87 earnings per share for the current fiscal year.

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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