From MarketBeat:



Amazon.com CEO Adam Selipsky sold a significant amount of Amazon.com stock over the past months. He sold 500 shares in December, as well as in November, and October. With both short-term and long-term sales, The CEOs earnings added up to a substantial amount of money. The CEO now personally holds 119,560 shares in the company he initially signed with. The transaction was disclosed with the SEC.

Over the past year, Amazon.com stock has traded down to about a cent. The e-commerce company also reported that will post $2.62 earnings per share for the current year.

Additionally, several equities research reports have come out grading Amazon.com as a “buy” on the stock market with a target price at around $171.59. 57.96% of Amazon.com stock is owned by institutional investors. This high number could potentially make Amazon.com have a higher risk of being volatile in the stock market.

Stock reports for Amazon.com can be viewed here. If you want to subscribe to MarketBeats analyst recommendations click the link here.



Read more: Adam Selipsky Sells 500 Shares of Amazon.com, Inc. (NASDAQ:AMZN) Stock