Is Amazon Really Worth So Much?!

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Latest news released today: At a media event Thursday, Aug. 4, in Seattle, Amazon took the wraps off its first “Prime Air” branded plane, a Boeing             767 owned by Atlas Air that has been converted into a freighter. Amazon announced deals with two aircraft leasing companies — Atlas, and another called Air Transport Services Group             , or ATSG             — earlier this year to fly as many as 40 dedicated cargo planes over the next two years. Eleven are already in operation; this is the first one that’s been painted.


However, Amazon Com Inc             Senior Vice President and an insider Jeffrey Blackburn a few days ago sold 10,000 company shares worth $7,609,764 at the average stock price which was $761.0.


With Amazon Trailing 12M 2016 Net Profit Margin of 1.601, is Amazon really worth so much?!
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