Two Sigma Investments LP Acquires 1,186,542 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Two Sigma Investments LP grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 7,557.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,202,242 shares of the e-commerce giant's stock after acquiring an additional 1,186,542 shares during the period. Amazon.com comprises about 0.6% of Two Sigma Investments LP's investment portfolio, making the stock its 10th biggest position. Two Sigma Investments LP's holdings in Amazon.com were worth $263,760,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Tabor Asset Management LP bought a new stake in Amazon.com during the fourth quarter worth approximately $6,597,000. Tairen Capital Ltd purchased a new position in Amazon.com during the 4th quarter valued at $11,419,000. Texas Bank & Trust Co purchased a new position in Amazon.com during the 4th quarter valued at $3,541,000. Theleme Partners LLP boosted its holdings in Amazon.com by 28.8% during the 4th quarter. Theleme Partners LLP now owns 850,000 shares of the e-commerce giant's stock valued at $186,482,000 after acquiring an additional 190,000 shares during the period. Finally, Thiel Macro LLC purchased a new position in Amazon.com during the 4th quarter valued at $42,257,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 7,100 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $201.23, for a total transaction of $1,428,733.00. Following the transaction, the senior vice president now directly owns 60,600 shares in the company, valued at approximately $12,194,538. This represents a 10.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shelley Reynolds sold 2,695 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total transaction of $541,129.05. Following the transaction, the vice president now owns 119,780 shares in the company, valued at $24,050,626.20. The trade was a 2.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 99,537 shares of company stock valued at $20,018,625 over the last quarter. 9.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Wall Street Zen cut Amazon.com from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Phillip Securities cut Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, February 10th. Citigroup reaffirmed an "outperform" rating on shares of Amazon.com in a research report on Friday, May 2nd. DA Davidson decreased their target price on 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, Rosenblatt Securities lifted their target price on Amazon.com from $287.00 to $288.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $244.57.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded up $1.64 on Monday, hitting $206.65. 29,026,066 shares of the company were exchanged, compared to its average volume of 45,458,785. The company's 50 day moving average price is $190.57 and its two-hundred day moving average price is $208.61. Amazon.com, Inc. has a one year low of $151.61 and a one year 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. The firm has a market capitalization of $2.19 trillion, a price-to-earnings ratio of 37.37, a PEG ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share 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 net margin of 9.29% and a return on equity of 24.25%. The firm's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com 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.