O Shaughnessy Asset Management LLC Purchases 146,924 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

O Shaughnessy Asset Management LLC raised its position in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 18.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 922,794 shares of the e-commerce giant's stock after acquiring an additional 146,924 shares during the quarter. Amazon.com makes up about 1.7% of O Shaughnessy Asset Management LLC's holdings, making the stock its 5th largest holding. O Shaughnessy Asset Management LLC's holdings in Amazon.com were worth $202,452,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Delos Wealth Advisors LLC raised its stake in Amazon.com by 5.9% in the 4th quarter. Delos Wealth Advisors LLC now owns 11,332 shares of the e-commerce giant's stock valued at $2,486,000 after purchasing an additional 629 shares during the last quarter. Bullseye Investment Management LLC purchased a new stake in Amazon.com during the 4th quarter valued at about $2,020,000. Inkwell Capital LLC purchased a new position in Amazon.com in the 4th quarter worth approximately $4,382,000. Bcwm LLC acquired a new position in shares of Amazon.com during the 4th quarter worth approximately $4,481,000. Finally, Walled Lake Planning & Wealth Management LLC boosted its holdings in shares of Amazon.com by 0.4% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 13,559 shares of the e-commerce giant's stock worth $2,975,000 after purchasing an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

Amazon.com Stock Down 1.6 %

AMZN stock opened at $184.42 on Thursday. The stock has a market cap of $1.96 trillion, a P/E ratio of 33.35, a PEG ratio of 1.50 and a beta of 1.39. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company's 50 day moving average is $191.39 and its two-hundred day moving average is $207.74.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Douglas J. Herrington sold 2,500 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total value of $469,975.00. Following the completion of the sale, the chief executive officer now owns 509,474 shares in the company, valued at $95,776,017.26. This represents a 0.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Zapolsky sold 5,848 shares of Amazon.com stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.72, for a total transaction of $1,290,770.56. Following the completion of the transaction, the senior vice president now owns 69,162 shares in the company, valued at approximately $15,265,436.64. This represents a 7.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 104,798 shares of company stock valued at $23,341,803. Insiders own 10.80% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on AMZN shares. Maxim Group raised their target price on Amazon.com from $260.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Stifel Nicolaus cut their price objective on shares of Amazon.com from $275.00 to $248.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. HSBC boosted their target price on shares of Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a report on Monday, January 13th. Morgan Stanley cut their price target on shares of Amazon.com from $280.00 to $245.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Finally, Truist Financial decreased their price objective on Amazon.com from $265.00 to $230.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Two research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $246.50.

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.

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