McClarren Financial Advisors Inc. Takes $459,000 Position in Amazon.com, Inc. $AMZN

McClarren Financial Advisors Inc. purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, HoldingsChannel reports. The institutional investor purchased 2,411 shares of the e-commerce giant’s stock, valued at approximately $459,000.

Other large investors have also made changes to their positions in the company. Castlekeep Investment Advisors LLC bought a new stake in shares of Amazon.com during the 4th quarter valued at about $25,000. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at about $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the 1st quarter valued at about $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the 1st quarter valued at about $42,000. Finally, Harbor Investment Advisory LLC grew its stake in shares of Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after purchasing an additional 2,145 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Stock Down 1.4%

NASDAQ AMZN opened at $232.33 on Friday. The stock’s 50 day moving average is $225.74 and its 200 day moving average is $208.13. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a market cap of $2.48 trillion, a PE ratio of 35.42, a P/E/G ratio of 1.58 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the previous year, the firm earned $1.26 EPS. The firm’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AMZN shares. Roth Capital set a $250.00 price target on Amazon.com and gave the company a “buy” rating in a research note on Tuesday, July 8th. Canaccord Genuity Group restated a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Zacks Research cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $262.87.

About Amazon.com

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.