Andrew R. Jassy, CEO of Amazon.com (NASDAQ: AMZN) sold around 492 shares of the company in the transaction of Friday, 21st May. The shares on average got sold at $3,250.00. The total transaction amounted to $1,599,000.00. After the transaction, the total shareholding of the CEO of Amazon comes to around 85,264 values at around $277,108,000. There was a draft of the legal filing relating to the transaction with the SEC.
Ratings Of AMZN Stock By Research Analysts
The AMZN stock is the subject of various reports by brokerage firms. Trust Securities raised their target price from $3,750.00 – $4,000.00 while giving a rating of “buy” on the shares of the company in their research note of Thursday, 6th May. Needham LLC raised their price target from $3,700.00 – $4,150.00 while giving a rating of “buy” on the shares of the company in their research note of Thursday, 6th May. Canaccord Genuity raised their target price from $4,100.00 – $4,400.00 while giving a rating of “buy” on the shares of the company in their research note of Thursday, 6th May.
Evercore ISI raised their target price from $4,000.00 – $4,500.00 while giving a rating of “outperform” on the shares of the company in their research note of Friday, 30th April. Lastly, Stifel Nicolaus raised their target price from $4,000.00 – $4,400.00 while giving a rating of “buy” on the stock in their research note of Thursday, 6th May. 2 research analysts issued a rating of “hold” and 46 issued a rating of “buy” on the AMZN stock. The AMZN stock has “Buy” as its average rating and $4,168.98 as its average target price. The AMZN stock started trading at $14.06 during the trading of mid-day on Tuesday.
