Amazon.com, Inc. (NASDAQ:AMZN) is Siemens Fonds Invest GmbH's 9th Largest Position

Siemens Fonds Invest GmbH raised its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 54.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 189,153 shares of the e-commerce giant's stock after acquiring an additional 66,864 shares during the period. Amazon.com makes up 2.0% of Siemens Fonds Invest GmbH's investment portfolio, making the stock its 9th biggest holding. Siemens Fonds Invest GmbH's holdings in Amazon.com were worth $41,498,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC purchased a new position in shares of Amazon.com during the 4th quarter worth approximately $25,000. Accordant Advisory Group Inc raised its position in Amazon.com by 400.0% in the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after acquiring an additional 100 shares in the last quarter. Prudent Man Investment Management Inc. acquired a new stake in Amazon.com in the fourth quarter valued at $27,000. LSV Asset Management acquired a new stake in Amazon.com in the fourth quarter valued at $35,000. Finally, Perritt Capital Management Inc grew its position in Amazon.com by 72.7% during the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after buying an additional 80 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on AMZN. Citigroup reiterated an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. Truist Financial cut their price target on Amazon.com from $265.00 to $230.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Deutsche Bank Aktiengesellschaft reduced their price objective on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Evercore ISI reduced their target price on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, DA Davidson lowered their price target on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating for the company in a report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $244.09.

Insider Buying and Selling at Amazon.com

In related news, VP Shelley Reynolds sold 2,695 shares of the stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $200.79, for a total value of $541,129.05. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company's stock, valued at $24,050,626.20. This represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew S. Garman sold 20,923 shares of the firm's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $201.30, for a total value of $4,211,799.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 99,537 shares of company stock worth $20,018,625. 9.70% of the stock is currently owned by company insiders.

Amazon.com Stock Performance

Shares of AMZN stock traded down $1.77 during trading on Friday, reaching $203.93. 51,641,602 shares of the company's stock traded hands, compared to its average volume of 42,089,558. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $2.16 trillion, a P/E ratio of 36.88, a PEG ratio of 1.50 and a beta of 1.30. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $242.52. The firm's 50-day moving average is $190.60 and its 200 day moving average is $208.70.

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

Amazon.com Company Profile

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.