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Stock Traders Buy High Volume of Call Options on Amazon.com (NASDAQ:AMZN)
['Patrick Bannon']
Daily Political
Amazon.com Stock Down 2.9%Shares of NASDAQ:AMZN traded down $6.65 on Tuesday, hitting $220.98.
The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76.
Insiders have sold 25,097,911 shares of company stock worth $5,676,032,574 in the last three months.
Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an “outperform” rating in a report on Tuesday, July 1st.
Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $263.30.
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