Amazon.com, Inc. (NASDAQ:AMZN) Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 135.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,087 shares of the e-commerce giant's stock after purchasing an additional 17,285 shares during the quarter. Amazon.com makes up about 0.4% of GSA Capital Partners LLP's investment portfolio, making the stock its 4th largest position. GSA Capital Partners LLP's holdings in Amazon.com were worth $5,606,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. PayPay Securities Corp increased its stake in shares of Amazon.com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant's stock valued at $32,000 after buying an additional 64 shares during the period. Hoese & Co LLP acquired a new stake in Amazon.com in the third quarter worth about $37,000. Bull Oak Capital LLC bought a new stake in Amazon.com during the 3rd quarter worth about $45,000. Values First Advisors Inc. acquired a new position in Amazon.com during the 3rd quarter valued at about $56,000. Finally, Christopher J. Hasenberg Inc boosted its stake in shares of Amazon.com by 650.0% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant's stock valued at $58,000 after purchasing an additional 260 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 15,260 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $200.19, for a total value of $3,054,899.40. Following the completion of the sale, the chief executive officer now owns 349,261 shares of the company's stock, valued at approximately $69,918,559.59. The trade was a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the transaction, the director now directly owns 24,912 shares in the company, valued at approximately $4,958,982.72. This represents a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,034,534 shares of company stock worth $1,253,883,872 over the last quarter. Company insiders own 10.80% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AMZN shares. JPMorgan Chase & Co. increased their price objective on shares of Amazon.com from $250.00 to $280.00 and gave the company an "overweight" rating in a report on Wednesday, December 18th. UBS Group increased their price target on Amazon.com from $230.00 to $264.00 and gave the company a "buy" rating in a research note on Monday, December 16th. Monness Crespi & Hardt lifted their price objective on Amazon.com from $225.00 to $245.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. Bank of America increased their target price on Amazon.com from $210.00 to $230.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Finally, Sanford C. Bernstein boosted their target price on Amazon.com from $235.00 to $265.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Amazon.com has an average rating of "Moderate Buy" and an average price target of $243.00.

Amazon.com Stock Performance

Amazon.com stock traded up $1.38 during mid-day trading on Monday, hitting $226.30. 9,827,518 shares of the company's stock traded hands, compared to its average volume of 41,290,434. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The firm has a 50 day simple moving average of $205.83 and a two-hundred day simple moving average of $191.38. Amazon.com, Inc. has a fifty-two week low of $144.05 and a fifty-two week high of $233.00. The stock has a market cap of $2.38 trillion, a price-to-earnings ratio of 48.46, a P/E/G ratio of 1.54 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. The business had revenue of $158.88 billion during the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. Amazon.com's revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 EPS. On average, research analysts expect that Amazon.com, Inc. will post 5.29 EPS for the current fiscal year.

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.