Garrison Bradford & Associates Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,902 shares of the e-commerce giant’s stock after buying an additional 200 shares during the quarter. Amazon.com accounts for 3.7% of Garrison Bradford & Associates Inc.’s holdings, making the stock its 9th largest holding. Garrison Bradford & Associates Inc.’s holdings in Amazon.com were worth $3,406,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of AMZN. Norges Bank acquired a new stake in shares of Amazon.com in the fourth quarter valued at $27,266,582,000. GAMMA Investing LLC grew its stake in shares of Amazon.com by 21,420.5% in the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock valued at $5,754,425,000 after buying an additional 30,104,520 shares in the last quarter. Capital World Investors grew its stake in shares of Amazon.com by 36.8% in the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock valued at $14,416,078,000 after buying an additional 17,681,004 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Amazon.com by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock valued at $180,637,081,000 after buying an additional 17,635,391 shares in the last quarter. Finally, Capital International Investors grew its stake in shares of Amazon.com by 26.5% in the fourth quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant’s stock valued at $12,564,961,000 after buying an additional 12,000,745 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research analysts recently commented on AMZN shares. JPMorgan Chase & Co. boosted their target price on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Morgan Stanley reissued an “overweight” rating and set a $300.00 target price on shares of Amazon.com in a research note on Thursday, August 14th. Monness Crespi & Hardt boosted their target price on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Evercore ISI reissued an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Finally, HSBC boosted their target price on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $262.87.
Amazon.com Trading Down 0.8%
NASDAQ:AMZN opened at $221.95 on Friday. The stock has a 50-day simple moving average of $222.30 and a 200-day simple moving average of $208.35. The stock has a market cap of $2.37 trillion, a P/E ratio of 33.83, a P/E/G ratio of 1.51 and a beta of 1.31. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.
Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Insider Activity
In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 25,012,284 shares of company stock worth $5,656,976,492. Corporate insiders own 9.70% of the company’s stock.
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.
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