Calamos Advisors buys $195,323,068 stake in Amazon.com (AMZN)

Amazon.com (AMZN) : Calamos Advisors scooped up 29,154 additional shares in Amazon.com during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 296,128 shares of Amazon.com which is valued at $195,323,068.Amazon.com makes up approximately 1.74% of Calamos Advisors’s portfolio.

Amazon.com opened for trading at $663.92 and hit $685.5 on the upside on Monday, eventually ending the session at $683.85, with a gain of 3.68% or 24.26 points. The heightened volatility saw the trading volume jump to 65,78,517 shares. Company has a market cap of $322,660 M.

Other Hedge Funds, Including , Wilbanks Smith Thomas Asset Management boosted its stake in AMZN in the latest quarter, The investment management firm added 90 additional shares and now holds a total of 911 shares of Amazon.com which is valued at $600,886. Amazon.com makes up approx 0.07% of Wilbanks Smith Thomas Asset Management’s portfolio.Piershale Financial Group boosted its stake in AMZN in the latest quarter, The investment management firm added 5 additional shares and now holds a total of 30 shares of Amazon.com which is valued at $18,777. Amazon.com makes up approx 0.01% of Piershale Financial Group’s portfolio.Osborn Rohs Williams Donohoe Ltd boosted its stake in AMZN in the latest quarter, The investment management firm added 570 additional shares and now holds a total of 870 shares of Amazon.com which is valued at $544,524. Amazon.com makes up approx 0.11% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Lincoln Capital boosted its stake in AMZN in the latest quarter, The investment management firm added 557 additional shares and now holds a total of 1,254 shares of Amazon.com which is valued at $784,866. Amazon.com makes up approx 0.58% of Lincoln Capital’s portfolio.Lenox Wealth Advisors reduced its stake in AMZN by selling 113 shares or 16.59% in the most recent quarter. The Hedge Fund company now holds 568 shares of AMZN which is valued at $355,506. Amazon.com makes up approx 0.11% of Lenox Wealth Advisors’s portfolio.

On the company’s financial health, Amazon.com reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.47 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.60. The company had revenue of $29128.00 million for the quarter.The company’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.12 EPS.

Many Wall Street Analysts have commented on Amazon.com. Company shares were Reiterated by Axiom Capital on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 811 from a previous price target of $797 .Company shares were Reiterated by UBS on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 785 from a previous price target of $720 .Company shares were Reiterated by Mizuho on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 810 from a previous price target of $685 .

Amazon.com Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Company’s products are offered through consumer-facing Websites which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices including Kindle e-readers Fire tablets Fire TVs Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Company’s operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.

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