Chatham Capital Group Inc. Purchases 298 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Chatham Capital Group Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,699 shares of the e-commerce giant’s stock after buying an additional 298 shares during the quarter. Chatham Capital Group Inc.’s holdings in Amazon.com were worth $1,028,000 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. Norges Bank bought a new stake in shares of Amazon.com in the 4th quarter valued at about $17,700,551,000. Vanguard Group Inc. increased its stake in Amazon.com by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 757,951,795 shares of the e-commerce giant’s stock worth $96,350,832,000 after purchasing an additional 32,038,029 shares during the period. International Assets Investment Management LLC lifted its position in Amazon.com by 16,029.3% in the fourth quarter. International Assets Investment Management LLC now owns 23,865,216 shares of the e-commerce giant’s stock valued at $36,260,810,000 after purchasing an additional 23,717,254 shares during the last quarter. Global Assets Advisory LLC boosted its stake in shares of Amazon.com by 30,350.2% during the first quarter. Global Assets Advisory LLC now owns 6,531,569 shares of the e-commerce giant’s stock valued at $1,178,164,000 after purchasing an additional 6,510,119 shares during the period. Finally, California Public Employees Retirement System grew its holdings in shares of Amazon.com by 13.4% in the fourth quarter. California Public Employees Retirement System now owns 19,641,430 shares of the e-commerce giant’s stock worth $2,984,319,000 after purchasing an additional 2,319,577 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Buying and Selling at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total transaction of $90,690.00. Following the sale, the chief executive officer now directly owns 130,600 shares in the company, valued at approximately $23,688,228. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Douglas J. Herrington sold 3,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total transaction of $631,015.00. Following the sale, the chief executive officer now owns 509,358 shares in the company, valued at $91,832,153.82. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Adam Selipsky sold 500 shares of the company’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $181.38, for a total transaction of $90,690.00. Following the transaction, the chief executive officer now owns 130,600 shares of the company’s stock, valued at approximately $23,688,228. The disclosure for this sale can be found here. Insiders have sold 1,532,985 shares of company stock valued at $305,578,679 over the last 90 days. 10.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on AMZN shares. DA Davidson reaffirmed a “buy” rating and set a $235.00 price objective on shares of Amazon.com in a research note on Thursday, April 18th. Barclays increased their price objective on Amazon.com from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. Roth Mkm reissued a “buy” rating and set a $210.00 target price (up from $205.00) on shares of Amazon.com in a research note on Wednesday, May 1st. Argus raised their price target on Amazon.com from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Finally, Wells Fargo & Company boosted their price objective on shares of Amazon.com from $234.00 to $239.00 and gave the company an “overweight” rating in a research report on Friday, June 28th. One investment analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $215.86.

View Our Latest Research Report on AMZN

Amazon.com Trading Up 1.2 %

NASDAQ:AMZN opened at $200.00 on Monday. Amazon.com, Inc. has a one year low of $118.35 and a one year high of $200.55. The business has a fifty day moving average price of $185.99 and a 200-day moving average price of $174.94. The firm has a market capitalization of $2.08 trillion, a price-to-earnings ratio of 56.02, a price-to-earnings-growth ratio of 1.43 and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Tuesday, April 30th. The e-commerce giant reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.15. The business had revenue of $143.31 billion during the quarter, compared to analysts’ expectations of $142.65 billion. Amazon.com had a return on equity of 19.86% and a net margin of 6.38%. The business’s quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.31 earnings per share. Sell-side analysts forecast that Amazon.com, Inc. will post 4.72 EPS for the current year.

About Amazon.com

(Free Report)

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.

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

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