Chatham Capital Group Inc. Takes $432,000 Position in Amazon.com, Inc. (AMZN)

Chatham Capital Group Inc. bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 254 shares of the e-commerce giant’s stock, valued at approximately $432,000.

Several other institutional investors have also recently added to or reduced their stakes in AMZN. Guidant Wealth Advisors lifted its holdings in Amazon.com by 657.4% during the 2nd quarter. Guidant Wealth Advisors now owns 409 shares of the e-commerce giant’s stock valued at $100,000 after buying an additional 355 shares in the last quarter. Lee Financial Co lifted its holdings in Amazon.com by 154.3% during the 1st quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock valued at $129,000 after buying an additional 54 shares in the last quarter. Point72 Asia Hong Kong Ltd bought a new stake in Amazon.com during the 1st quarter valued at about $145,000. Braun Bostich & Associates Inc. bought a new stake in Amazon.com during the 1st quarter valued at about $174,000. Finally, Legacy Advisors LLC lifted its holdings in Amazon.com by 47.1% during the 2nd quarter. Legacy Advisors LLC now owns 103 shares of the e-commerce giant’s stock valued at $175,000 after buying an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 57.15% of the company’s stock.

Shares of Amazon.com stock opened at $1,642.81 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 0.70. Amazon.com, Inc. has a 52-week low of $1,050.55 and a 52-week high of $2,050.50. The company has a market capitalization of $872.72 billion, a PE ratio of 361.06, a PEG ratio of 3.73 and a beta of 1.58.



Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.29 by $2.46. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The firm had revenue of $56.58 billion for the quarter, compared to the consensus estimate of $57.05 billion. On average, equities research analysts expect that Amazon.com, Inc. will post 17.79 earnings per share for the current fiscal year.

In other news, CEO Andrew R. Jassy sold 1,726 shares of Amazon.com stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $1,900.00, for a total value of $3,279,400.00. Following the transaction, the chief executive officer now owns 88,801 shares of the company’s stock, valued at approximately $168,721,900. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Tom A. Alberg sold 2,320 shares of Amazon.com stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $1,827.29, for a total transaction of $4,239,312.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,308 shares of company stock worth $47,905,498. Insiders own 16.30% of the company’s stock.

A number of brokerages recently weighed in on AMZN. DA Davidson lifted their price objective on shares of Amazon.com from $2,200.00 to $2,450.00 and gave the company a “buy” rating in a report on Wednesday, September 5th. Wells Fargo & Co reiterated a “buy” rating and set a $2,300.00 price objective on shares of Amazon.com in a report on Monday, October 1st. BidaskClub upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a report on Friday, September 28th. Robert W. Baird reiterated a “buy” rating on shares of Amazon.com in a report on Monday, September 3rd. Finally, Macquarie reiterated a “buy” rating and set a $2,200.00 price objective on shares of Amazon.com in a report on Tuesday, October 2nd. Five equities research analysts have rated the stock with a hold rating and forty-eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $2,037.57.

About Amazon.com

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.

Further Reading: What is a Leveraged Buyout (LBO)?

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

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