Clifford Swan Investment Counsel LLC Buys 2,985 Shares of Amazon.com, Inc. $AMZN

Clifford Swan Investment Counsel LLC raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 181,815 shares of the e-commerce giant’s stock after buying an additional 2,985 shares during the period. Amazon.com comprises 1.4% of Clifford Swan Investment Counsel LLC’s holdings, making the stock its 13th biggest holding. Clifford Swan Investment Counsel LLC’s holdings in Amazon.com were worth $39,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Wilson Asset Management International PTY Ltd. bought a new position in Amazon.com during the 2nd quarter worth about $11,102,000. Western Wealth Management LLC raised its holdings in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after purchasing an additional 1,297 shares in the last quarter. ARK Investment Management LLC lifted its position in shares of Amazon.com by 8.3% in the 2nd quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after purchasing an additional 86,978 shares during the period. Flaharty Asset Management LLC boosted its stake in shares of Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after purchasing an additional 2,377 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in Amazon.com during the first quarter valued at approximately $514,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $255.44, for a total value of $638,600.00. Following the sale, the chief executive officer owned 491,007 shares in the company, valued at approximately $125,422,828.08. The trade was a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 123,300 shares of company stock valued at $28,294,038. Company insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on AMZN shares. William Blair restated an “outperform” rating on shares of Amazon.com in a report on Monday, November 3rd. BMO Capital Markets restated an “outperform” rating and set a $300.00 price objective on shares of Amazon.com in a research note on Friday, October 31st. Barclays reaffirmed an “overweight” rating and set a $300.00 price objective (up previously from $275.00) on shares of Amazon.com in a research report on Friday, October 31st. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Finally, Mizuho set a $315.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a report on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Amazon.com has a consensus rating of “Buy” and an average price target of $294.15.

Amazon.com Price Performance

Shares of AMZN stock opened at $234.69 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a market capitalization of $2.51 trillion, a price-to-earnings ratio of 35.78, a PEG ratio of 1.52 and a beta of 1.29. The stock’s 50-day simple moving average is $228.70 and its 200-day simple moving average is $220.72.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period last year, the business earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities analysts forecast 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.