Sustainable Insight Capital Management LLC Bolsters Stake in Amazon.com with 37,500 Share Purchase

Sustainable Insight Capital Management LLC made significant changes to its portfolio in the first quarter of this year. The company acquired 37,500 more shares of Amazon.com (NASDAQ:AMZN), a move that increased its holding by 101.4% and brought its total number of AMZN shares to 74,475.

The stake is valued at approximately $15,511,000, accounting for about 5.2% of Sustainable Insight Capital Management LLC's holdings. This makes Amazon.com the company's fourth-largest holding.

Amazon has been experiencing significant growth in recent quarters, with its latest earnings report exceeding analyst expectations. The e-commerce giant's revenue reached $200.61 billion in the last quarter, a 19.6% increase from the same period in the previous year.