Grandfield & Dodd LLC Lowers Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Grandfield & Dodd LLC lowered its position in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 4.

4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,248 shares of the e-commerce giant’s stock after selling 566 shares during the period.



Grandfield & Dodd LLC’s holdings in Amazon.com were worth $2,687,000 as of its most recent SEC filing. Other institutional investors have also recently made changes to their positions in the company.

Accordant Advisory Group Inc raised its position in shares of Amazon.com by 400.0% in the 4th quarter.

Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after acquiring an additional 100 shares in the last quarter. Compass Planning Associates Inc purchased a new position in Amazon.com in the fourth quarter valued at about $51,000.

Quattro Financial Advisors LLC raised its holdings in Amazon.com by 23.8% in the fourth quarter.

Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 45 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at about $54,000.

Finally, Iron Horse Wealth Management LLC boosted its holdings in shares of Amazon.com by 64.4% in the 4th quarter.

Iron Horse Wealth Management LLC now owns 286 shares of the e-commerce giant’s stock valued at $63,000 after buying an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance Amazon.com stock opened at $178.

41 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.

87 and a current ratio of 1.06. The company’s fifty day moving average price is $213.

46 and its 200 day moving average price is $209.01. The stock has a market capitalization of $1.

89 trillion, a P/E ratio of 32.26, a P/E/G ratio of 1.50 and a beta of 1.

19. Amazon.com, Inc.

has a 1 year low of $151.61 and a 1 year high of $242.52.

Analyst Upgrades and Downgrades A number of research firms recently commented on AMZN. Maxim Group increased their target price on shares of Amazon.com from $260.

00 to $280.00 and gave the company a “buy” rating in a research report on Friday, February 7th. JMP Securities set a $285.

00 price objective on Amazon.com in a report on Thursday, March 27th. TD Cowen raised their price objective on Amazon.

com from $240.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th.

Piper Sandler reaffirmed an “overweight” rating and set a $265.00 target price (up from $225.00) on shares of Amazon.

com in a research report on Friday, February 7th. Finally, Barclays raised their price target on Amazon.com from $235.

00 to $265.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the stock.

Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $260.53.

View Our Latest Stock Report on Amazon.com Insiders Place Their Bets In other Amazon.com news, CEO Douglas J.

Herrington sold 27,500 shares of Amazon.com stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $230.

27, for a total transaction of $6,332,425.00. Following the sale, the chief executive officer now owns 497,067 shares of the company’s stock, valued at $114,459,618.

09. The trade was a 5.24 % decrease in their position.

The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, SVP David Zapolsky sold 19,212 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $217.

50, for a total transaction of $4,178,610.00. Following the completion of the sale, the senior vice president now owns 49,950 shares of the company’s stock, valued at $10,864,125.

This trade represents a 27.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here .

In the last three months, insiders sold 104,798 shares of company stock worth $23,341,803. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ).

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