Amazon.com, Inc. (AMZN) Shares Sold by Garrison Bradford & Associates Inc.

Garrison Bradford & Associates Inc. decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 705 shares of the e-commerce giant’s stock after selling 55 shares during the period. Amazon.com accounts for 0.6% of Garrison Bradford & Associates Inc.’s investment portfolio, making the stock its 28th biggest holding. Garrison Bradford & Associates Inc.’s holdings in Amazon.com were worth $682,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AMZN. Canada Pension Plan Investment Board lifted its position in Amazon.com by 401.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 158,030 shares of the e-commerce giant’s stock worth $140,100,000 after acquiring an additional 126,534 shares during the last quarter. Horseman Capital Management Ltd lifted its stake in Amazon.com by 54.0% in the first quarter. Horseman Capital Management Ltd now owns 11,550 shares of the e-commerce giant’s stock valued at $10,240,000 after acquiring an additional 4,050 shares during the last quarter. Cadence Bank NA lifted its stake in Amazon.com by 0.8% in the first quarter. Cadence Bank NA now owns 658 shares of the e-commerce giant’s stock valued at $584,000 after acquiring an additional 5 shares during the last quarter. Brookstone Capital Management lifted its stake in Amazon.com by 29.6% in the first quarter. Brookstone Capital Management now owns 434 shares of the e-commerce giant’s stock valued at $385,000 after acquiring an additional 99 shares during the last quarter. Finally, Markel Corp lifted its stake in Amazon.com by 28.3% in the first quarter. Markel Corp now owns 59,000 shares of the e-commerce giant’s stock valued at $52,306,000 after acquiring an additional 13,000 shares during the last quarter. 60.54% of the stock is owned by hedge funds and other institutional investors.

AMZN has been the subject of a number of recent analyst reports. Deutsche Bank AG reiterated a “buy” rating and issued a $1,135.00 price target (down previously from $1,150.00) on shares of Amazon.com in a research note on Tuesday, July 18th. Vetr cut shares of Amazon.com from a “strong-buy” rating to a “buy” rating and set a $1,132.46 price target for the company. in a research note on Tuesday, July 18th. KeyCorp reiterated a “hold” rating on shares of Amazon.com in a research note on Sunday, July 23rd. Macquarie reiterated a “buy” rating on shares of Amazon.com in a research note on Monday, July 24th. Finally, Zacks Investment Research cut shares of Amazon.com from a “hold” rating to a “strong sell” rating in a research note on Monday, July 24th. Five research analysts have rated the stock with a hold rating and forty-nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $1,142.08.

In related news, Director Tom A. Alberg sold 1,860 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $1,109.20, for a total value of $2,063,112.00. Following the sale, the director now directly owns 18,460 shares of the company’s stock, valued at $20,475,832. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $955.20, for a total transaction of $2,674,560.00. Following the completion of the sale, the chief executive officer now directly owns 10,000 shares in the company, valued at $9,552,000. The disclosure for this sale can be found here. Insiders sold 395,770 shares of company stock worth $436,339,290 over the last ninety days. 17.00% of the stock is currently owned by insiders.

Shares of Amazon.com, Inc. (NASDAQ AMZN) opened at $1,136.84 on Wednesday. Amazon.com, Inc. has a fifty-two week low of $725.99 and a fifty-two week high of $1,139.90. The stock has a market cap of $544,115.63, a PE ratio of 286.59, a PEG ratio of 14.08 and a beta of 1.45. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.57). The company had revenue of $43.74 billion during the quarter, compared to analysts’ expectations of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The company’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.52 earnings per share. research analysts predict that Amazon.com, Inc. will post 4.26 EPS for the current year.

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About Amazon.com

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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