Amazon.com (AMZN): The stock had negative money flow to the tune of ($87.96 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $398.05 million, whereas, the outflow of money on downticks was $486.01 million and the ratio between the two was 0.82. The block trade had a negative net money flow of ($81.27 million). The total block trade value undertaken on upticks was $25.76 million. On the other hand, downticks amounted to $107.03 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.24. Amazon.com (AMZN) closed with marginal gains of 182 cents to end the day at $772.44, an increase of 0.24% over the previous days close. The stock recorded 0.45% for the week.
The company Insiders own 17.7% of Amazon.com shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.23% . Institutional Investors own 65.64% of Amazon.com shares. During last six month period, the net percent change held by insiders has seen a change of -2.44%.
In a related news, The Securities and Exchange Commission has divulged that Wilke Jeffrey A, officer (CEO Worldwide Consumer) of Amazon Com Inc, had unloaded 4,890 shares at an average price of $768.9 in a transaction dated on August 15, 2016. The total value of the transaction was worth $3,759,921.
Amazon.com (NASDAQ:AMZN): The stock opened at $774.11 and touched an intraday high of $776 on Friday. During the day, the stock corrected to an intraday low of $771.7, however, the bulls stepped in and pushed the price higher to close in the green at $772.44 with a gain of 0.24% for the day. The total traded volume for the day was 2,181,792. The stock had closed at $770.62 in the previous trading session.
On a relative basis, the stock has outperformed the S&P 500 by 0.98% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.45% in the last 1 week, and is up 0.84% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Amazon.com, Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Companys 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 Companys 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.