Susquehanna Fundamental Investments LLC Invests $4.15 Million in Amazon.com, Inc. (NASDAQ:AMZN)

Susquehanna Fundamental Investments LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,915 shares of the e-commerce giant's stock, valued at approximately $4,150,000.

Several other large investors have also recently added to or reduced their stakes in AMZN. Momentous Wealth Management Inc. acquired a new position in shares of Amazon.com during the fourth quarter worth approximately $749,000. Segall Bryant & Hamill LLC increased its stake in Amazon.com by 14.3% in the fourth quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock valued at $69,572,000 after purchasing an additional 39,696 shares in the last quarter. Evergreen Capital Management LLC increased its stake in Amazon.com by 0.5% in the fourth quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant's stock valued at $53,213,000 after purchasing an additional 1,198 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Amazon.com by 173.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after acquiring an additional 2,196,353 shares in the last quarter. Finally, Keyvantage Wealth LLC bought a new stake in shares of Amazon.com during the fourth quarter worth $2,735,000. 72.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AMZN. Bank of America reduced their target price on shares of Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. JMP Securities restated a "market outperform" rating on shares of Amazon.com in a report on Tuesday, May 6th. Rosenblatt Securities increased their target price on shares of Amazon.com from $287.00 to $288.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Amazon.com from $287.00 to $206.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Mizuho reduced their target price on shares of Amazon.com from $285.00 to $255.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. According to data from MarketBeat, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $244.09.

Insiders Place Their Bets

In other news, Director Keith Brian Alexander sold 1,000 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $210.68, for a total value of $210,680.00. Following the sale, the director now directly owns 5,465 shares of the company's stock, valued at approximately $1,151,366.20. This represents a 15.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the sale, the vice president now directly owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87% decrease in their ownership of the stock. 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 ninety days. 9.70% of the stock is currently owned by insiders.

Amazon.com Price Performance

AMZN stock opened at $205.59 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 12 month low of $151.61 and a 12 month high of $242.52. The firm has a market cap of $2.18 trillion, a P/E ratio of 37.18, a P/E/G ratio of 1.50 and a beta of 1.30. The company's 50-day moving average price is $189.33 and its two-hundred day moving average price is $208.77.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. The company 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 firm's revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.98 EPS. On average, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal 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.

Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.