Amazon.com, Inc. $AMZN Stock Holdings Increased by Clarity Financial LLC

Clarity Financial LLC grew its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 42.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,618 shares of the e-commerce giant’s stock after acquiring an additional 46,759 shares during the quarter. Amazon.com comprises approximately 3.4% of Clarity Financial LLC’s portfolio, making the stock its 8th biggest holding. Clarity Financial LLC’s holdings in Amazon.com were worth $36,381,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. American Capital Advisory LLC increased its stake in Amazon.com by 63.9% in the third quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock valued at $1,774,000 after purchasing an additional 3,152 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new position in Amazon.com in the third quarter valued at $451,642,000. Weaver Capital Management LLC increased its stake in Amazon.com by 13.6% in the fourth quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant’s stock valued at $9,063,000 after purchasing an additional 4,713 shares during the last quarter. Ethos Financial Group LLC increased its stake in Amazon.com by 9.6% in the fourth quarter. Ethos Financial Group LLC now owns 36,485 shares of the e-commerce giant’s stock valued at $8,421,000 after purchasing an additional 3,196 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. increased its stake in Amazon.com by 1.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 239,862 shares of the e-commerce giant’s stock valued at $52,667,000 after purchasing an additional 4,558 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AMZN shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $325.00 target price (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. HSBC upped their target price on Amazon.com from $280.00 to $310.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Arete Research upped their price target on Amazon.com from $285.00 to $301.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Scotiabank restated an “outperform” rating and set a $325.00 price target (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. Finally, Guggenheim restated a “buy” rating and set a $320.00 price target (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $313.09.

Insider Buying and Selling

In other news, CEO Douglas J. Herrington sold 27,500 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $7,562,500.00. Following the completion of the sale, the chief executive officer owned 471,361 shares of the company’s stock, valued at $129,624,275. This represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 10,649 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $205.43, for a total value of $2,187,624.07. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 190,593 shares of company stock worth $46,081,241 over the last three months. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $265.82 on Wednesday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56. The business has a 50-day moving average of $231.12 and a 200-day moving average of $229.78. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The company has a market capitalization of $2.86 trillion, a price-to-earnings ratio of 31.80, a PEG ratio of 2.01 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the prior year, the business earned $1.59 earnings per share. The company’s revenue was up 16.6% compared to the same quarter last year. On average, equities analysts anticipate that Amazon.com, Inc. will post 7.72 EPS for the current fiscal year.

More Amazon.com News

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Amazon launched Amazon Now, a 30-minute delivery service in dozens of U.S. cities, reinforcing its push into ultra-fast commerce and potentially strengthening Prime and retail engagement. Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
• Positive Sentiment: TD Cowen reaffirmed a Buy rating on Amazon and set a $350 price target, signaling confidence in further upside from current levels. Analyst issues new Amazon (AMZN) stock price target
• Positive Sentiment: Amazon is expanding AI and cloud-related investment, including tapping overseas debt markets to help fund its AI infrastructure push, which supports the long-term growth narrative for AWS. Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push
• Neutral Sentiment: Prime Video plans to invest at least 90 million euros in French-language film and TV production, underscoring international content spending but with a limited direct near-term financial impact. Amazon.com’s Prime Video Set to Invest 90 Million Euros in French Film and TV Production, Reuters Says
• Neutral Sentiment: Reports that Amazon workers are gaming internal AI tools and using them for trivial tasks are drawing scrutiny, but the stock reaction appears limited unless it points to wasted productivity or governance issues. Amazon staff use AI tool for unnecessary tasks to inflate usage scores
• Negative Sentiment: Amazon is facing some headline risk from a proposed class-action lawsuit over Fire TV Sticks and criticism around its rapid-delivery model, though these issues are smaller than the bullish catalysts above. Amazon Is Being Sued Over Fire TV Sticks That Stopped Working

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.