Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Calamos Wealth Management LLC

Calamos Wealth Management LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 296,925 shares of the e-commerce giant’s stock after purchasing an additional 3,582 shares during the quarter. Amazon.com makes up 3.3% of Calamos Wealth Management LLC’s holdings, making the stock its 8th biggest position. Calamos Wealth Management LLC’s holdings in Amazon.com were worth $65,142,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Patron Partners LLC increased its stake in Amazon.com by 1.1% during the 4th quarter. Patron Partners LLC now owns 29,321 shares of the e-commerce giant’s stock worth $6,433,000 after buying an additional 308 shares in the last quarter. Clay Northam Wealth Management LLC lifted its holdings in Amazon.com by 0.5% in the 4th quarter. Clay Northam Wealth Management LLC now owns 53,568 shares of the e-commerce giant’s stock valued at $11,752,000 after purchasing an additional 249 shares in the last quarter. Archer Investment Management LLC acquired a new stake in Amazon.com during the 4th quarter worth $278,000. Paul R. Ried Financial Group LLC purchased a new stake in shares of Amazon.com during the fourth quarter worth $1,706,000. Finally, Trust Point Inc. raised its position in shares of Amazon.com by 5.0% in the fourth quarter. Trust Point Inc. now owns 48,413 shares of the e-commerce giant’s stock valued at $10,621,000 after buying an additional 2,321 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Up 0.7 %

AMZN stock opened at $214.35 on Thursday. 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 company has a fifty day moving average of $226.99 and a 200-day moving average of $205.27. The stock has a market capitalization of $2.27 trillion, a PE ratio of 38.76, a price-to-earnings-growth ratio of 1.50 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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 return on equity of 24.25% and a net margin of 9.29%. As a group, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 3,500 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $210.00, for a total transaction of $735,000.00. Following the sale, the chief executive officer now owns 524,567 shares in the company, valued at $110,159,070. The trade was a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,149 shares of company stock valued at $24,606,905 in the last three months. 10.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on AMZN shares. Moffett Nathanson upped their price objective on shares of Amazon.com from $235.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. UBS Group lifted their price objective on Amazon.com from $230.00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Rosenblatt Securities upped their target price on Amazon.com from $236.00 to $287.00 and gave the company a “buy” rating in a report on Friday, February 7th. Tigress Financial lifted their price target on Amazon.com from $245.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, December 20th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $250.00 price objective on shares of Amazon.com in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.65.

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.