Will Amazon.com, Inc. (AMZN) Launch a Price War in the Tablet Industry?

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Insider trading is another useful complimentary metric that can help in investing decisions, which is why we track such transactions as well at Insider Monkey. While there have been no insider purchases for Amazon.com, Inc. (NASDAQ:AMZN) so far this year, prominent insider sales include one made by Patricia Stonesifer, a director, who disposed of more than 6,200 shares this month and Senior Vice President Jeffrey Wilke who sold about 9,700 shares last month.

Amazon’s plans to launch a new tablet seem ambitious and if the company will not repeat the same mistakes it made with the smartphone, it is likely to succeed to capture more market share. Meanwhile the confidence that hedge funds display regarding the company, suggest that Amazon is a good stock to own for the long-term.

Disclosure: None

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