Claro Advisors LLC Sells 12,886 Shares of Amazon.com, Inc. $AMZN

Claro Advisors LLC decreased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 62,974 shares of the e-commerce giant’s stock after selling 12,886 shares during the period. Amazon.com accounts for about 2.3% of Claro Advisors LLC’s holdings, making the stock its 8th largest position. Claro Advisors LLC’s holdings in Amazon.com were worth $13,816,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Carderock Capital Management Inc. bought a new stake in Amazon.com during the second quarter valued at about $27,000. Maryland Capital Advisors Inc. boosted its stake 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 purchasing an additional 95 shares during the period. Ryan Investment Management Inc. bought a new position in Amazon.com in the 2nd quarter worth approximately $48,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Amazon.com during the first quarter worth approximately $59,000. Finally, Access Investment Management LLC bought a new stake in shares of Amazon.com in the second quarter valued at approximately $74,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Up 1.8%

NASDAQ AMZN opened at $233.30 on Monday. The stock’s 50 day simple moving average is $227.52 and its 200 day simple moving average is $223.14. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The firm has a market cap of $2.49 trillion, a PE ratio of 35.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. 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 posted its quarterly earnings data 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The business’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Amazon.com from $280.00 to $292.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Oppenheimer boosted their price objective on shares of Amazon.com from $245.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. TD Cowen upped their price objective on shares of Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Stifel Nicolaus lifted their target price on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $295.78.

Insider Activity

In other Amazon.com news, Director Keith Brian Alexander sold 900 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $233.00, for a total value of $209,700.00. Following the completion of the sale, the director owned 7,170 shares in the company, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,768 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the transaction, the chief executive officer owned 6,273 shares in the company, valued at $1,360,613.70. The trade was a 73.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 82,234 shares of company stock worth $19,052,442. 9.70% of the stock is currently owned by insiders.

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.