Amazon Com Inc (AMZN) Files Form 4 Insider Selling : Brian T Olsavsky Sells 4,510 Shares

Amazon Com Inc (AMZN): Brian T Olsavsky , Senior Vice President and CFO of Amazon Com Inc sold 4,510 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $704.45 per share for a total value of $3,173,228.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Andrew R Jassy (CEO Amazon Web Services) sold 2,305 shares at $704.85 per share price.On May 17, 2016, Diego Piacentini (Senior Vice President) sold 5,478 shares at $705.21 per share price.Also, On May 17, 2016, Jeffrey M Blackburn (Senior Vice President) sold 4,788 shares at $705.34 per share price.On May 17, 2016, Thomas O Ryder (director) sold 4,000 shares at $706.98 per share price.

Amazon.com: On Monday, May 16, 2016 heightened volatility was witnessed in Amazon.com which led to swings in the share price. The shares opened for trading at $710.13 and hit $713.25 on the upside , eventually ending the session at $710.66, with a gain of 0.10% or 0.74 points. The heightened volatility saw the trading volume jump to 54,32,920 shares. The 52-week high of the share price is $722.45 and the company has a market cap of $335,309 M . The 52-week low of the share price is at $418.36.

Amazon.com Money Flow Index Chart

Company has been under the radar of several Street Analysts.Amazon.com is Reiterated by Axiom Capital to Buy and the brokerage firm has raised the Price Target to $ 811 from a previous price target of $797 .The Rating was issued on Apr 29, 2016.Amazon.com is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 785 from a previous price target of $720 .The Rating was issued on Apr 29, 2016.Amazon.com is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 810 from a previous price target of $685 .The Rating was issued on Apr 29, 2016.Amazon.com is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 775 from a previous price target of $700 .The Rating was issued on Apr 29, 2016.Amazon.com is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 800 from a previous price target of $715 .The Rating was issued on Apr 29, 2016.

Amazon.com Inc. (Amazon.com) 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.

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