Garrison Bradford & Associates Inc. Has $2.06 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Garrison Bradford & Associates Inc. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,537 shares of the e-commerce giant’s stock after selling 450 shares during the period. Amazon.com accounts for 2.3% of Garrison Bradford & Associates Inc.’s holdings, making the stock its 12th largest holding. Garrison Bradford & Associates Inc.’s holdings in Amazon.com were worth $2,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PayPay Securities Corp increased its holdings in Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after purchasing an additional 94 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Amazon.com by 45.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock valued at $42,000 after buying an additional 86 shares during the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in shares of Amazon.com in the third quarter valued at about $49,000. Bruce G. Allen Investments LLC bought a new position in shares of Amazon.com during the fourth quarter worth about $57,000. Finally, AM Squared Ltd acquired a new position in shares of Amazon.com in the third quarter worth approximately $76,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 1.7 %

NASDAQ AMZN opened at $173.67 on Friday. The business’s fifty day moving average is $177.79 and its 200-day moving average is $158.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.05 and a quick ratio of 0.84. The stock has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 59.89, a PEG ratio of 1.56 and a beta of 1.16. Amazon.com, Inc. has a one year low of $101.15 and a one year high of $189.77.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. The business had revenue of $169.96 billion during the quarter, compared to the consensus estimate of $165.96 billion. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.21 earnings per share. Equities research analysts predict that Amazon.com, Inc. will post 4.1 EPS for the current year.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of recent analyst reports. Monness Crespi & Hardt increased their target price on shares of Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. JMP Securities reiterated a “market outperform” rating and set a $225.00 price objective on shares of Amazon.com in a research report on Wednesday. Roth Mkm reaffirmed a “buy” rating and set a $205.00 price target on shares of Amazon.com in a research report on Tuesday, April 16th. Benchmark reiterated a “buy” rating and set a $200.00 price target on shares of Amazon.com in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Amazon.com from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, forty-four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $205.13.

Insider Buying and Selling

In other Amazon.com news, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total transaction of $523,807.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Adam Selipsky sold 500 shares of the business’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $181.38, for a total value of $90,690.00. Following the sale, the chief executive officer now owns 130,600 shares of the company’s stock, valued at $23,688,228. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company’s stock, valued at $20,239,226.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 32,214,010 shares of company stock valued at $5,505,889,146. 10.30% of the stock is owned by company 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.