Amazon.com, Inc. $AMZN is CCLA Investment Management’s 3rd Largest Position

CCLA Investment Management boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,105,968 shares of the e-commerce giant’s stock after acquiring an additional 21,557 shares during the period. Amazon.com accounts for 0.2% of CCLA Investment Management’s investment portfolio, making the stock its 3rd biggest position. CCLA Investment Management’s holdings in Amazon.com were worth $242,605,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Carderock Capital Management Inc. bought a new position in Amazon.com during the 2nd quarter valued at approximately $27,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the 1st quarter worth approximately $36,000. Maryland Capital Advisors Inc. increased its stake in shares of Amazon.com by 81.9% during the second 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 during the period. Ryan Investment Management Inc. bought a new position in shares of Amazon.com during the second quarter valued at approximately $48,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in Amazon.com in the first quarter worth $59,000. 72.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on AMZN. CICC Research boosted their price objective on shares of Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. Canaccord Genuity Group set a $300.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, October 31st. China Renaissance raised their price objective on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Loop Capital lifted their price objective on Amazon.com from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, President Capital increased their target price on Amazon.com from $280.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average price target of $294.70.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 22,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total value of $5,500,660.00. Following the transaction, the chief executive officer owned 493,507 shares in the company, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the sale, the director directly owned 7,170 shares of the company’s stock, valued at $1,670,610. This trade represents a 11.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 43,357 shares of company stock worth $10,607,215 in the last quarter. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $217.14 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.32 trillion, a P/E ratio of 33.10, a P/E/G ratio of 1.52 and a beta of 1.29. The business’s 50 day moving average price is $227.92 and its 200-day moving average price is $221.48. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same quarter in the previous year, the business earned $1.43 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts anticipate 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.