Amazon Com Inc (AMZN) Files Form 4 Insider Selling : Patricia Q Stonesifer Sells 6,250 Shares

Amazon Com Inc (AMZN): Patricia Q Stonesifer , director of Amazon Com Inc sold 6,250 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $725.93 per share for a total value of $4,539,160.00 , 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, Shelley Reynolds (Vice President) sold 626 shares at $704.84 per share price.On May 17, 2016, David Zapolsky (Senior Vice President) sold 2,019 shares at $705.49 per share price.Also, On May 17, 2016, Jeffrey A Wilke (CEO Worldwide Consumer) sold 4,890 shares at $707.03 per share price.On May 17, 2016, Brian T Olsavsky (Senior Vice President and CFO) sold 4,510 shares at $704.45 per share price.

Shares of Amazon.com (AMZN) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -2.99 points or -0.41% at $723.74 with 27,32,463 shares getting traded. Post opening the session at $729.89, the shares hit an intraday low of $720.55 and an intraday high of $730 and the price vacillated in this range throughout the day. The company has a market cap of $341,481 M and the number of outstanding shares has been calculated to be 47,18,27,960 shares. The 52-week high of Amazon.com is $731.5 and the 52-week low is $419.14.

Amazon.com Money Flow Index Chart

Company has been under the radar of several Street Analysts.Amazon.com is Reiterated by MKM Partners to Buy and the brokerage firm has raised the Price Target to $ 850 from a previous price target of $800 .The Rating was issued on Jun 1, 2016.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 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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