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

Calamos Wealth Management LLC reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,887 shares of the e-commerce giant’s stock after selling 140 shares during the period. Amazon.com comprises approximately 3.4% of Calamos Wealth Management LLC’s holdings, making the stock its 4th biggest position. Calamos Wealth Management LLC’s holdings in Amazon.com were worth $27,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Woodstock Corp boosted its holdings in shares of Amazon.com by 2.2% in the 2nd quarter. Woodstock Corp now owns 182 shares of the e-commerce giant’s stock valued at $502,000 after buying an additional 4 shares during the period. RVW Wealth LLC boosted its stake in Amazon.com by 0.9% during the 2nd quarter. RVW Wealth LLC now owns 465 shares of the e-commerce giant’s stock valued at $1,283,000 after purchasing an additional 4 shares during the period. Indiana Trust & Investment Management CO boosted its stake in Amazon.com by 1.0% during the 2nd quarter. Indiana Trust & Investment Management CO now owns 390 shares of the e-commerce giant’s stock valued at $1,076,000 after purchasing an additional 4 shares during the period. Peterson Wealth Advisors LLC boosted its stake in Amazon.com by 1.7% during the 2nd quarter. Peterson Wealth Advisors LLC now owns 243 shares of the e-commerce giant’s stock valued at $670,000 after purchasing an additional 4 shares during the period. Finally, Wambolt & Associates LLC boosted its stake in Amazon.com by 1.9% during the 2nd quarter. Wambolt & Associates LLC now owns 214 shares of the e-commerce giant’s stock valued at $590,000 after purchasing an additional 4 shares during the period. 64.54% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Amazon.com from $3,000.00 to $4,050.00 and gave the company an “overweight” rating in a report on Friday. China International Capital increased their price target on Amazon.com from $1,850.00 to $2,162.00 in a research note on Wednesday, May 6th. Rowe increased their price target on Amazon.com from $2,500.00 to $3,000.00 and gave the company a “positive” rating in a research note on Friday, May 1st. JMP Securities raised their price objective on Amazon.com from $2,850.00 to $4,075.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Monness Crespi & Hardt raised their price objective on Amazon.com from $3,500.00 to $3,750.00 and gave the stock a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, forty-five have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $3,240.51.

NASDAQ AMZN opened at $3,164.68 on Friday. Amazon.com, Inc. has a fifty-two week low of $1,626.03 and a fifty-two week high of $3,344.29. The stock’s 50-day moving average is $2,884.55 and its two-hundred day moving average is $2,314.52. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.08 and a quick ratio of 0.84. The firm has a market cap of $1,578.47 billion, a P/E ratio of 121.67, a price-to-earnings-growth ratio of 5.83 and a beta of 1.32.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 30th. The e-commerce giant reported $10.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.74 by $8.56. Amazon.com had a return on equity of 21.51% and a net margin of 4.10%. The company had revenue of $88.91 billion for the quarter, compared to analyst estimates of $81.56 billion. On average, equities analysts expect that Amazon.com, Inc. will post 20.12 EPS for the current year.

In other Amazon.com news, Director Indra K. Nooyi acquired 27 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average cost of $2,806.80 per share, for a total transaction of $75,783.60. Following the completion of the purchase, the director now owns 707 shares of the company’s stock, valued at approximately $1,984,407.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Patricia Q. Stonesifer sold 2,200 shares of Amazon.com stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $2,329.44, for a total value of $5,124,768.00. Following the completion of the transaction, the director now owns 4,645 shares in the company, valued at $10,820,248.80. The disclosure for this sale can be found here. Insiders own 16.10% of the company’s stock.

Amazon.com Company 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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