$50.15 Billion in Sales Expected for Amazon.com, Inc. (AMZN) This Quarter

Trump and Bezos

A number of hedge funds have recently bought and sold shares of the business. "Amazon must pay real costs (and taxes) now", the president added. Following the completion of the transaction, the vice president now directly owns 6,533 shares in the company, valued at approximately $9,553,336.56.

Several analysts have released their opinion on Amazon.com, Inc. Venturi Wealth Management LLC now owns 632 shares of the e-commerce giant's stock worth $612,000 after purchasing an additional 2 shares during the last quarter. The third largest holder is Fmr Llc, which now holds $25.33 billion worth of this stock and that ownership represents almost 3.65% of its market capitalization. NC now owns 12,152 shares of the e-commerce giant's stock worth $14,211,000 after buying an additional 615 shares during the last quarter. Some in Congress support legislation to require all e-commerce companies collect state sales tax. Geode Capital Management LLC now owns 4,224,515 shares of the e-commerce giant's stock valued at $4,930,014,000 after acquiring an additional 98,906 shares during the period.

AMZN has been the subject of a number of recent analyst reports. Bank of America reissued a "buy" rating and issued a $1,460.00 target price (up previously from $1,220.00) on shares of Amazon.com in a research note on Tuesday, January 16th. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Wells Fargo reaffirmed an "outperform" rating and set a $1,755.00 target price (up from $1,700.00) on shares of Amazon.com in a report on Thursday, March 15th.

Inc. (NASDAQ: AMZN) shares slipped by 4 percent on Monday after U.S. President Donald Trump attacked the eCommerce giant once again over its business with the United States Postal Service. Finally, Ameriprise Financial Inc. grew its stake in Amazon.com by 2.7% in the second quarter. The company's net profit margin is 1.7 percent. (NASDAQ:AMZN) is $1670.66 while their mean recommendation is 1.70 (1=Buy, 5=sell).

By 1635 BST, Amazon shares were 5.34% lower at $1,370.00. Fiduciary Tru stated it has 1.13% in Amazon.com, Inc. The company has a market capitalization of $700,667.69, a P/E ratio of 318.10, a P/E/G ratio of 6.36 and a beta of 1.59. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04.

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(NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, February 1st.

ROE (Return on equity) was recorded as 12.50% and AMZN's has Return on assets (ROA) of 2.90% while Return on Investment (ROI) was recorded as 3.60%. The firm had revenue of $60.45 billion during the quarter, compared to analysts' expectations of $59.85 billion.

Shares of the company were down 5.9 per cent at $US1,362.48, wiping out almost $US45 billion ($A58.7 billion) from its market value.

In other news, CEO Jeffrey A. Wilke sold 2,000 shares of the company's stock in a transaction on Friday, February 16th.

In the transaction dated February 28, 2018, the great number of shares disposed came courtesy the CEO Worldwide Consumer; Wilke Jeffrey A disposed a total of 250 shares at an average price of $1518.47, amounting to approximately $379,618. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In a transaction dated March 07, 2018, the shares were put up for sale at an average price of $1535.31, raking in a sum of $383,828.

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