Amazon.com, Inc. (NASDAQ:AMZN) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC boosted its holdings in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 14.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 317,114 shares of the e-commerce giant's stock after buying an additional 39,696 shares during the quarter. Amazon.com makes up 1.0% of Segall Bryant & Hamill LLC's holdings, making the stock its 8th biggest holding. Segall Bryant & Hamill LLC's holdings in Amazon.com were worth $69,572,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rench Wealth Management Inc. boosted its holdings in shares of Amazon.com by 7.9% during the 3rd quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant's stock valued at $9,392,000 after acquiring an additional 3,703 shares in the last quarter. Blankinship & Foster LLC raised its position in Amazon.com by 216.4% in the third quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock valued at $1,291,000 after purchasing an additional 4,740 shares during the last quarter. One Wealth Capital Management LLC acquired a new stake in shares of Amazon.com during the fourth quarter valued at about $4,270,000. Floyd Financial Group LLC bought a new stake in shares of Amazon.com during the fourth quarter worth about $4,494,000. Finally, Patton Albertson Miller Group LLC increased its stake in shares of Amazon.com by 2.7% in the fourth quarter. Patton Albertson Miller Group LLC now owns 18,790 shares of the e-commerce giant's stock valued at $4,122,000 after buying an additional 495 shares during the period. Institutional investors own 72.20% of the company's stock.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent research reports. Canaccord Genuity Group reiterated a "buy" rating on shares of Amazon.com in a research report on Thursday, February 13th. Mizuho cut their price target on shares of Amazon.com from $285.00 to $255.00 and set an "outperform" rating on the stock in a report on Wednesday, April 9th. Oppenheimer increased their price objective on Amazon.com from $230.00 to $260.00 and gave the company an "outperform" rating in a report on Friday, February 7th. The Goldman Sachs Group cut their target price on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, Truist Financial reduced their price target on Amazon.com from $265.00 to $230.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $247.56.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $186.54 on Friday. The company has a market capitalization of $1.98 trillion, a PE ratio of 33.73, a PEG ratio of 1.50 and a beta of 1.39. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The stock's 50 day moving average price is $194.27 and its 200-day moving average price is $207.70. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. On average, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 20,784 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the completion of the sale, the chief executive officer now owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 27,500 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the transaction, the chief executive officer now owns 497,067 shares in the company, valued at approximately $114,459,618.09. The trade was a 5.24 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,798 shares of company stock valued at $23,341,803. 10.80% of the stock is owned by insiders.

Amazon.com Profile

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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