Trump rips Amazon for forcing closure of stores 'all over the country'

Amazon India Sacks 60 Employees More Layoffs Likely to Follow

The 60 employees who were laid off by Amazon were part of the recruitment team

In other news, Director Tom A. Alberg sold 670 shares of the stock in a transaction that occurred on Wednesday, February 21st. Portfolio Solutions LLC acquired a new stake in shares of Amazon.com during the 4th quarter valued at $119,000. The institutional investor owned 22,189 shares of the e-commerce giant's stock after purchasing an additional 1,481 shares during the quarter. Hall Capital Management Co.

Amazon.com, Inc. (AMZN) has been given an average price target of $1670.66 from analysts, according to data collected by Finviz. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. Beach Investment Management LLC. lifted its position in shares of Amazon.com by 996.3% in the 2nd quarter. Portfolio Solutions LLC bought a new position in shares of Amazon.com in the fourth quarter worth about $119,000. 580 are owned by Majedie Asset Mgmt Ltd. Mcf Advisors Ltd Company accumulated 47 shares or 0.01% of the stock.

A number of analysts have recently commented on the company. UBS reiterated a "buy" rating on shares of Amazon.com in a research note on Friday, December 1st. Loop Capital increased their target price on shares of Amazon.com to $1,600.00 in a research report on Friday, February 2nd. Four analysts have rated the stock with a hold rating, forty-nine have issued a buy rating and one has assigned a strong buy rating to the company.

Among 39 analysts covering Amazon (NASDAQ:AMZN), 39 have Buy rating, 0 Sell and 0 Hold.

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Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. 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. Amazon.com, Inc. has a 12-month low of $859.02 and a 12-month high of $1,617.54. They expect $1.19 EPS, down 19.59 % or $0.29 from last year's $1.48 per share. Vanguard Group Inc. grew its stake in Amazon.com by 2.9% in the second quarter. Amazon.com's revenue was up 38.2% on a year-over-year basis.

Reports emerged last week that President Trump has his sights set on Amazon.com, Inc. Jassy Andrew R also sold $2.90 million worth of Amazon.com, Inc. 15,000 The Coca-Cola Company (NYSE:KO) shares with value of $719,250 were sold by LONG ROBERT EDWARD. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Reynolds Shelley also sold $795,502 worth of Amazon.com, Inc. The stock was sold at an average price of $1,500.00, for a total value of $1,005,000.00. The disclosure for this sale can be found here. Stockbridge Partners Llc sold 6,402 shares as the company's stock rose 28.13% while stock markets declined. Axiom Capital maintained Amazon.com, Inc. "(AMZN)" was first published by Week Herald and is the property of of Week Herald. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of USA and global trademark and copyright legislation. (NASDAQ:AMZN). Moreover, Chevy Chase Hldg has 2.01% invested in Amazon.com, Inc.

While full details of the agreement between Amazon and the U.S. Postal Service are unknown - the mail carrier is independently operated, and strikes confidential deals with retailers - David Vernon, an analyst at Bernstein Research who tracks the shipping industry, estimated in 2015 that the USPS handled 40 percent of Amazon's volume the previous year.

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