Momentum Is Strong For Amazon.com Inc. (NASDAQ: AMZN)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Amazon.com Inc. (AMZN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$4.89, or -4.00%, to $117.3. Volume reached 2,176,458 shares, with price reaching a high of $119 and a low of $117.08. Earlier, Yahoo Finance discussed this stock as it revealed Thinner, Lighter, and Faster: Amazon Introduces All-New Fire HD 8 Tablets Built for Entertainment.


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Stocks Info

This NASDAQ-listed company operates within the Internet Retail industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $118.54 and fluctuated between $123.76 as its day high and $118.45 as its day low. The current market capitalization of Amazon.com Inc. is $1234.52B. A total of 58.13 million shares were traded on the day, compared to an average of 59.53M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, AMZN has seen 9 BUY and 23 SELL insider trades, representing the acquisition of 128,320 and the disposition of 1,066,164 shares. Over the last 12 months, there were 43 BUYs and 368 SELLs from insiders. Insiders purchased 159,421 shares during that period but sold 2,373,782.

In the most recent transaction, Selipsky Adam sold 500 shares of AMZN for 128.47 per share on Sep 15. After the transaction, the CEO Amazon Web Services now owns 115,180 company shares. In a previous transaction on Sep 14, Selipsky Adam sold 520 shares at 127.43 per share. AMZN shares that CEO Amazon Web Services owns now total 115,680.

Among the insiders who sold shares, Selipsky Adam disposed of 500 shares on Aug 31 at a per-share price of $128.58. This resulted in the CEO Amazon Web Services holding 116,200 shares of AMZN after the transaction. In another insider transaction, Selipsky Adam sold 520 shares at $128.61 per share on Aug 30. Company shares held by the CEO Amazon Web Services now total 116,700.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AMZN in the last 3 months, the mean price target is $168.75 with high estimates of $215.00 and low estimates of $110.00. In terms of 52-week highs and lows, AMZN has a high of $188.11 and a low of $101.26.

As of this writing, AMZN has an earnings estimate of $0.27 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.59 per share and a lower estimate of $0.11. The company reported an EPS of $0.1 in the last quarter, which was -33.33% lower than expectations of $0.15.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 52 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMZN is Sell with a score of 4.68. A total of 41 analysts rated the stock as Buy while 7 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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