Clarus Group Inc. Grows Position in Amazon.com, Inc. $AMZN

Clarus Group Inc. lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,425 shares of the e-commerce giant’s stock after purchasing an additional 191 shares during the quarter. Amazon.com comprises approximately 1.9% of Clarus Group Inc.’s investment portfolio, making the stock its 15th biggest position. Clarus Group Inc.’s holdings in Amazon.com were worth $5,139,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Carderock Capital Management Inc. purchased a new position in Amazon.com during the 2nd quarter valued at about $27,000. Cooksen Wealth LLC purchased a new position in Amazon.com during the 1st quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com during the 1st quarter valued at about $40,000. Capitol Family Office Inc. purchased a new position in Amazon.com during the 1st quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. boosted its holdings in Amazon.com by 81.9% during 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 period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Trading Down 1.3%

Shares of AMZN stock opened at $219.51 on Friday. The business’s 50 day moving average is $226.55 and its two-hundred day moving average is $211.13. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period last year, the business posted $1.26 EPS. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of Amazon.com stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 20,845,122 shares of company stock valued at $4,731,747,929. Company insiders own 9.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AMZN. BNP Paribas upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Friday, June 27th. Bank of America increased their price target on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Roth Capital set a $250.00 price target on Amazon.com and gave the company a “buy” rating in a research report on Tuesday, July 8th. Citizens Jmp initiated coverage on Amazon.com in a research report on Thursday, July 10th. They issued a “strong-buy” rating on the stock. Finally, JPMorgan Chase & Co. increased their price target on Amazon.com from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and a consensus price target of $266.26.

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.