Amazon.com, Inc. (AMZN) Stake Boosted by Enterprise Financial Services Corp

Enterprise Financial Services Corp grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 19.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 409 shares of the e-commerce giant’s stock after purchasing an additional 68 shares during the period. Enterprise Financial Services Corp’s holdings in Amazon.com were worth $478,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AMZN. Welch & Forbes LLC grew its position in Amazon.com by 1.7% during the 4th quarter. Welch & Forbes LLC now owns 2,299 shares of the e-commerce giant’s stock worth $2,688,000 after acquiring an additional 38 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI grew its position in Amazon.com by 4.9% during the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 948 shares of the e-commerce giant’s stock worth $1,109,000 after acquiring an additional 44 shares during the last quarter. Arthur M. Cohen & Associates LLC bought a new stake in Amazon.com during the 4th quarter worth $7,988,000. Advisor Partners LLC grew its position in Amazon.com by 10.2% during the 4th quarter. Advisor Partners LLC now owns 7,905 shares of the e-commerce giant’s stock worth $10,234,000 after acquiring an additional 729 shares during the last quarter. Finally, Parsec Financial Management Inc. grew its position in Amazon.com by 12.9% during the 4th quarter. Parsec Financial Management Inc. now owns 1,108 shares of the e-commerce giant’s stock worth $1,296,000 after acquiring an additional 127 shares during the last quarter. Institutional investors own 60.23% of the company’s stock.

AMZN stock opened at $1,448.50 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04. The company has a market cap of $695,284.44, a P/E ratio of 318.35, a PEG ratio of 6.31 and a beta of 1.59. Amazon.com, Inc. has a fifty-two week low of $884.49 and a fifty-two week high of $1,617.54.



Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.31. The firm had revenue of $60.45 billion during the quarter, compared to analyst estimates of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The company’s revenue for the quarter was up 38.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.54 EPS. equities research analysts forecast that Amazon.com, Inc. will post 8.49 earnings per share for the current year.

A number of brokerages recently weighed in on AMZN. Jefferies Group restated a “buy” rating and set a $1,850.00 price objective on shares of Amazon.com in a research report on Tuesday, March 13th. Oppenheimer restated a “buy” rating on shares of Amazon.com in a research report on Friday, February 2nd. Macquarie restated a “buy” rating on shares of Amazon.com in a research report on Friday, February 2nd. Canaccord Genuity restated a “buy” rating and set a $1,650.00 price objective (up previously from $1,500.00) on shares of Amazon.com in a research report on Friday, February 2nd. Finally, JMP Securities reaffirmed a “neutral” rating and set a $1,600.00 target price (up from $1,475.00) on shares of Amazon.com in a report on Friday, February 2nd. Three research analysts have rated the stock with a hold rating, fifty have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $1,504.81.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 250 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $1,518.47, for a total transaction of $379,617.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey A. Wilke sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, March 21st. The stock was sold at an average price of $1,577.85, for a total value of $788,925.00. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $15,778,500. The disclosure for this sale can be found here. Insiders have sold a total of 6,214 shares of company stock valued at $9,251,120 over the last three months. Corporate insiders own 17.70% of the company’s stock.

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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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