Clarus Wealth Advisors Buys 2,107 Shares of Amazon.com, Inc. $AMZN

Key Points

• Clarus Wealth Advisors increased its stake in Amazon.com, Inc. by 38.5%, acquiring an additional 2,107 shares, bringing its total holdings to 7,580 shares valued at approximately $1.66 million.
• Amazon reported earnings per share of $1.68 for the last quarter, exceeding expectations, with revenue of $167.70 billion, marking a year-over-year increase of 13.3%.
• Insider transactions revealed significant stock sales by CFO Brian T. Olsavsky and SVP David Zapolsky, with insiders having sold over $5.67 billion of shares in the last quarter.

Clarus Wealth Advisors raised its stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 38.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,580 shares of the e-commerce giant's stock after buying an additional 2,107 shares during the period. Clarus Wealth Advisors' holdings in Amazon.com were worth $1,663,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AMZN. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at $25,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the 1st quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com during the 1st quarter valued at $40,000. Capitol Family Office Inc. purchased a new stake in Amazon.com during the 1st quarter valued at $42,000. Finally, Harbor Investment Advisory LLC boosted its position in Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant's stock valued at $58,000 after buying an additional 2,145 shares during the period. Institutional investors own 72.20% of the company's stock.

Amazon.com Price Performance

AMZN stock opened at $231.48 on Monday. The company has a market capitalization of $2.47 trillion, a PE ratio of 35.29, a price-to-earnings-growth ratio of 1.55 and a beta of 1.31. The company's fifty day moving average price is $227.81 and its 200-day moving average price is $209.49. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

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

Insider Activity at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP David Zapolsky sold 13,570 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the transaction, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last quarter. 10.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AMZN. Morgan Stanley reissued an "overweight" rating on shares of Amazon.com in a research report on Wednesday, September 10th. Evercore ISI reissued an "outperform" rating and set a $280.00 price target on shares of Amazon.com in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Wedbush restated an "outperform" rating and issued a $250.00 price objective on shares of Amazon.com in a report on Friday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Amazon.com from $255.00 to $265.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $263.30.

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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