Amazon.com, Inc. $AMZN Stock Holdings Lessened by Clarius Group LLC

Key Points

• Clarius Group LLC has reduced its stake in Amazon.com, Inc. by 1.6%, now holding 306,662 shares valued at approximately $67.3 million.
• Insider Jeffrey P. Bezos sold over 2.6 million shares of Amazon stock for about $609 million, resulting in a 0.3% decrease in his ownership.
• Analysts have set a consensus price target of $267.27 for Amazon.com, with reports indicating projections of $1.68 EPS for the upcoming quarter, which is above the analyst estimates.

Clarius Group LLC trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 306,662 shares of the e-commerce giant's stock after selling 5,046 shares during the period. Amazon.com makes up approximately 3.9% of Clarius Group LLC's holdings, making the stock its 6th biggest holding. Clarius Group LLC's holdings in Amazon.com were worth $67,279,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Carderock Capital Management Inc. purchased a new stake in Amazon.com in the 2nd quarter worth about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the 1st quarter valued at $40,000. Maryland Capital Advisors Inc. grew its position in Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock valued at $46,000 after acquiring an additional 95 shares during the last quarter. Finally, Capitol Family Office Inc. bought a new position in Amazon.com in the 1st quarter valued at $42,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 2,643,142 shares of Amazon.com stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the transaction, the insider owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. This trade represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,741,053 shares of company stock valued at $630,824,413 in the last 90 days. 10.80% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wedbush reissued an "outperform" rating and set a $250.00 price target on shares of Amazon.com in a research report on Friday, September 19th. BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target for the company in a research note on Friday, June 27th. BNP Paribas raised Amazon.com from a "hold" rating to a "strong-buy" rating in a report on Friday, June 27th. Truist Financial raised their target price on Amazon.com from $250.00 to $270.00 and gave the stock a "buy" rating in a report on Tuesday, September 16th. Finally, The Goldman Sachs Group raised their target price on Amazon.com from $240.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, October 3rd. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Amazon.com currently has an average rating of "Buy" and a consensus price target of $267.27.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN opened at $222.03 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The business's 50 day moving average price is $225.57 and its 200-day moving average price is $213.26. The firm has a market capitalization of $2.37 trillion, a PE ratio of 33.85, a P/E/G ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Amazon.com Company 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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