Amazon.com, Inc. (NASDAQ:AMZN) is Calamos Wealth Management LLC’s 8th Largest Position

Calamos Wealth Management LLC increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,125 shares of the e-commerce giant’s stock after purchasing an additional 661 shares during the quarter. Amazon.com makes up 2.0% of Calamos Wealth Management LLC’s holdings, making the stock its 8th largest position. Calamos Wealth Management LLC’s holdings in Amazon.com were worth $16,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Macroview Investment Management LLC raised its stake in Amazon.com by 166.7% in the third quarter. Macroview Investment Management LLC now owns 16 shares of the e-commerce giant’s stock valued at $28,000 after buying an additional 10 shares during the last quarter. NewSquare Capital LLC raised its stake in Amazon.com by 533.3% in the fourth quarter. NewSquare Capital LLC now owns 19 shares of the e-commerce giant’s stock valued at $35,000 after buying an additional 16 shares during the last quarter. Phocas Financial Corp. purchased a new position in shares of Amazon.com in the second quarter worth about $45,000. Pflug Koory LLC raised its stake in shares of Amazon.com by 30.8% in the fourth quarter. Pflug Koory LLC now owns 34 shares of the e-commerce giant’s stock worth $63,000 after purchasing an additional 8 shares during the last quarter. Finally, Financial Advantage Inc. raised its stake in shares of Amazon.com by 26.7% in the third quarter. Financial Advantage Inc. now owns 38 shares of the e-commerce giant’s stock worth $65,000 after purchasing an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 55.98% of the company’s stock.

Amazon.com stock opened at $1,862.02 on Thursday. The firm has a market cap of $926.86 billion, a price-to-earnings ratio of 92.45, a price-to-earnings-growth ratio of 2.60 and a beta of 1.50. Amazon.com, Inc. has a 52 week low of $1,566.76 and a 52 week high of $2,035.80. The business’s 50-day moving average price is $1,818.23 and its 200 day moving average price is $1,817.94. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.40.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 24th. The e-commerce giant reported $4.23 EPS for the quarter, missing the consensus estimate of $4.46 by ($0.23). Amazon.com had a return on equity of 22.52% and a net margin of 4.27%. The company had revenue of $69.98 billion for the quarter, compared to analyst estimates of $68.72 billion. During the same period last year, the business earned $5.75 earnings per share. The firm’s revenue was up 23.7% on a year-over-year basis. Equities analysts expect that Amazon.com, Inc. will post 20.51 EPS for the current year.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 3,475 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $1,745.57, for a total value of $6,065,855.75. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $17,455,700. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jeffrey A. Wilke sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $1,865.34, for a total value of $373,068.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at $18,653,400. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,196 shares of company stock worth $17,869,618. 16.10% of the stock is owned by corporate insiders.

Several research analysts have recently issued reports on the company. Barclays reduced their price objective on Amazon.com from $2,180.00 to $2,000.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Deutsche Bank set a $2,150.00 price objective on Amazon.com and gave the stock a “buy” rating in a research note on Friday, October 25th. Jefferies Financial Group set a $2,300.00 price objective on Amazon.com and gave the stock a “buy” rating in a research note on Tuesday, October 15th. MKM Partners restated a “buy” rating and issued a $2,250.00 price objective on shares of Amazon.com in a research note on Wednesday, December 4th. Finally, Bank of America raised their price objective on Amazon.com from to and gave the stock a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, four have given a hold rating and forty-four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $2,171.64.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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