Segall Bryant & Hamill LLC Purchases 3,789 Shares of Amazon.com, Inc. (AMZN)

Segall Bryant & Hamill LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% during the second quarter, HoldingsChannel.com reports. The fund owned 78,601 shares of the e-commerce giant’s stock after acquiring an additional 3,789 shares during the period. Amazon.com makes up approximately 2.0% of Segall Bryant & Hamill LLC’s holdings, making the stock its largest holding. Segall Bryant & Hamill LLC’s holdings in Amazon.com were worth $133,606,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Summit Trail Advisors LLC boosted its position in Amazon.com by 180,406.1% during the 1st quarter. Summit Trail Advisors LLC now owns 9,848,415 shares of the e-commerce giant’s stock valued at $9,848,000 after buying an additional 9,842,959 shares during the period. Cornerstone Wealth Management LLC boosted its position in Amazon.com by 198,956.6% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 3,340,169 shares of the e-commerce giant’s stock valued at $1,949,000 after buying an additional 3,338,491 shares during the period. Fisher Asset Management LLC boosted its position in Amazon.com by 3.3% during the 1st quarter. Fisher Asset Management LLC now owns 1,853,073 shares of the e-commerce giant’s stock valued at $2,682,027,000 after buying an additional 59,516 shares during the period. Massachusetts Financial Services Co. MA boosted its position in Amazon.com by 4.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,519,232 shares of the e-commerce giant’s stock valued at $2,582,390,000 after buying an additional 69,312 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its position in Amazon.com by 4.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,491,056 shares of the e-commerce giant’s stock valued at $2,534,497,000 after buying an additional 59,753 shares during the period. 55.64% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ AMZN opened at $1,690.17 on Monday. Amazon.com, Inc. has a 1 year low of $1,124.74 and a 1 year high of $2,050.50. The stock has a market cap of $826.44 billion, a P/E ratio of 371.47, a price-to-earnings-growth ratio of 3.21 and a beta of 1.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.08 and a quick ratio of 0.80.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts’ consensus estimates of $3.29 by $2.46. Amazon.com had a net margin of 4.03% and a return on equity of 24.35%. The firm had revenue of $56.58 billion during the quarter, compared to analyst estimates of $57.05 billion. As a group, research analysts forecast that Amazon.com, Inc. will post 19.49 earnings per share for the current fiscal year.

In related news, CEO Andrew R. Jassy sold 1,726 shares of the firm’s stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $1,566.69, for a total value of $2,704,106.94. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Jeffrey A. Wilke sold 1,230 shares of the firm’s stock in a transaction that occurred on Tuesday, November 20th. The stock was sold at an average price of $1,506.94, for a total transaction of $1,853,536.20. The disclosure for this sale can be found here. Insiders sold 27,842 shares of company stock valued at $46,521,741 over the last quarter. Company insiders own 16.30% of the company’s stock.

Several research firms have recently commented on AMZN. Wells Fargo & Co reaffirmed a “buy” rating and issued a $2,110.00 target price on shares of Amazon.com in a research report on Monday, August 6th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Amazon.com in a research report on Tuesday, August 7th. Oppenheimer reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, August 10th. Macquarie reaffirmed a “buy” rating on shares of Amazon.com in a research report on Wednesday, August 15th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $2,185.00 target price on shares of Amazon.com in a research report on Friday, August 17th. Three investment analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the company’s stock. Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $2,101.01.

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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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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