Cathy Pareto & Associates Inc. Has $2.23 Million Stake in Amazon.com, Inc. $AMZN

Cathy Pareto & Associates Inc. lessened its position in Amazon.com, Inc. (NASDAQ:AMZN) by 17.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,167 shares of the e-commerce giant’s stock after selling 2,120 shares during the quarter. Amazon.com comprises about 1.8% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 17th biggest position. Cathy Pareto & Associates Inc.’s holdings in Amazon.com were worth $2,231,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of AMZN. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter worth about $25,000. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter valued at about $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com in the first quarter valued at about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the first quarter valued at about $40,000. Finally, Capitol Family Office Inc. bought a new stake in Amazon.com in the first quarter valued at about $42,000. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. BNP Paribas Exane raised shares of Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 target price on the stock in a research note on Friday, June 27th. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. JPMorgan Chase & Co. upped their target price on shares of Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Wedbush reissued an “outperform” rating and issued a $250.00 target price on shares of Amazon.com in a research note on Friday, September 19th. Finally, Bank of America upped their target price on shares of Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $264.13.

Amazon.com Stock Up 1.1%

Shares of AMZN stock opened at $222.17 on Tuesday. The firm has a fifty day moving average of $227.30 and a 200-day moving average of $210.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a market capitalization of $2.37 trillion, a price-to-earnings ratio of 33.87, a P/E/G ratio of 1.47 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion during 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%. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,770,485 shares of company stock worth $4,938,795,968 in the last quarter. 10.80% of the stock is owned by corporate insiders.

About Amazon.com

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.