Amazon.com, Inc. (NASDAQ:AMZN) is Capital International Investors' 6th Largest Position

Capital International Investors lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 26.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,268,523 shares of the e-commerce giant's stock after acquiring an additional 12,000,745 shares during the period. Amazon.com makes up 2.4% of Capital International Investors' holdings, making the stock its 6th biggest holding. Capital International Investors owned 0.54% of Amazon.com worth $12,564,961,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Momentous Wealth Management Inc. bought a new stake in Amazon.com in the 4th quarter worth about $749,000. Segall Bryant & Hamill LLC grew its position in Amazon.com by 14.3% in the 4th quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock worth $69,572,000 after purchasing an additional 39,696 shares in the last quarter. Evergreen Capital Management LLC grew its position in Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock worth $53,213,000 after purchasing an additional 1,198 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Amazon.com by 173.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after purchasing an additional 2,196,353 shares in the last quarter. Finally, Blankinship & Foster LLC grew its position in Amazon.com by 216.4% in the 3rd quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock worth $1,291,000 after purchasing an additional 4,740 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Transactions at Amazon.com

In related news, Director Keith Brian Alexander sold 1,000 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $210.68, for a total transaction of $210,680.00. Following the transaction, the director now owns 5,465 shares of the company's stock, valued at approximately $1,151,366.20. This trade represents a 15.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total transaction of $1,256,648.44. Following the transaction, the chief executive officer now directly owns 505,318 shares in the company, valued at approximately $115,434,843.92. This represents a 1.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 80,798 shares of company stock valued at $17,696,733 in the last quarter. Insiders own 9.70% of the company's stock.

Amazon.com Price Performance

NASDAQ AMZN traded down $1.12 on Wednesday, hitting $210.25. The stock had a trading volume of 38,323,768 shares, compared to its average volume of 41,980,232. The firm has a 50-day moving average of $188.72 and a 200-day moving average of $208.27. The company has a market capitalization of $2.23 trillion, a price-to-earnings ratio of 38.02, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Phillip Securities downgraded shares of Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, February 10th. Citigroup reissued an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. Maxim Group increased their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research report on Friday, February 7th. DA Davidson reduced their target price on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Canaccord Genuity Group reissued a "buy" rating on shares of Amazon.com in a research report on Thursday, February 13th. Four equities research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $244.09.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.