Clarity Financial LLC Has $24.73 Million Position in Amazon.com, Inc. $AMZN

Clarity Financial LLC trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 11.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 112,703 shares of the e-commerce giant’s stock after selling 14,214 shares during the quarter. Amazon.com makes up 2.7% of Clarity Financial LLC’s holdings, making the stock its 13th largest position. Clarity Financial LLC’s holdings in Amazon.com were worth $24,726,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Carderock Capital Management Inc. bought a new stake in Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at approximately $40,000. Maryland Capital Advisors Inc. raised its position in shares of 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 buying an additional 95 shares in the last quarter. Finally, Capitol Family Office Inc. acquired a new position in Amazon.com during the 1st quarter worth approximately $42,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 0.5%

Shares of NASDAQ AMZN opened at $214.47 on Friday. The stock has a market capitalization of $2.29 trillion, a P/E ratio of 32.69, a P/E/G ratio of 1.43 and a beta of 1.28. The company has a 50-day moving average price of $225.85 and a 200-day moving average price of $212.38. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data 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 firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.3% on a year-over-year basis. During the same period last year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In other news, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.57, for a total transaction of $3,940,622.45. Following the completion of the transaction, the chief executive officer directly owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction of $3,953,635.00. Following the transaction, 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 disclosure for this sale can be found here. Over the last three months, insiders sold 10,864,716 shares of company stock valued at $2,486,013,854. 9.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of analyst reports. Pivotal Research upped their price objective on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Amazon.com in a research note on Wednesday, October 8th. Oppenheimer reduced their price objective on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating on the stock in a research note on Friday, August 1st. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, UBS Group reaffirmed a “buy” rating and issued a $271.00 price objective (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $266.26.

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.