Woodstock Corp Grows Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Woodstock Corp boosted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 6.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,387 shares of the e-commerce giant’s stock after buying an additional 1,602 shares during the quarter. Woodstock Corp’s holdings in Amazon.com were worth $5,103,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AMZN. Smith Chas P & Associates PA Cpas boosted its position in Amazon.com by 0.5% during the third quarter. Smith Chas P & Associates PA Cpas now owns 24,793 shares of the e-commerce giant’s stock worth $4,620,000 after acquiring an additional 116 shares during the last quarter. Capricorn Fund Managers Ltd increased its position in shares of Amazon.com by 12.0% during the third quarter. Capricorn Fund Managers Ltd now owns 21,714 shares of the e-commerce giant’s stock valued at $4,046,000 after acquiring an additional 2,330 shares during the last quarter. High Net Worth Advisory Group LLC lifted its stake in Amazon.com by 7.3% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 28,875 shares of the e-commerce giant’s stock worth $5,380,000 after acquiring an additional 1,974 shares in the last quarter. Thomasville National Bank lifted its holdings in Amazon.com by 3.1% during the 3rd quarter. Thomasville National Bank now owns 368,668 shares of the e-commerce giant’s stock worth $68,694,000 after buying an additional 11,215 shares in the last quarter. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its position in Amazon.com by 2.5% in the 3rd quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 290,190 shares of the e-commerce giant’s stock valued at $54,071,000 after purchasing an additional 7,065 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 0.6 %

Shares of NASDAQ AMZN opened at $206.84 on Tuesday. Amazon.com, Inc. has a twelve month low of $139.52 and a twelve month high of $212.25. The stock has a market cap of $2.17 trillion, a price-to-earnings ratio of 44.29, a P/E/G ratio of 1.40 and a beta of 1.14. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The company’s fifty day moving average is $187.83 and its 200-day moving average is $184.71.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The company had revenue of $158.88 billion for the quarter, compared to analyst estimates of $157.28 billion. During the same quarter last year, the firm posted $0.85 earnings per share. Amazon.com’s revenue was up 11.0% compared to the same quarter last year. Equities research analysts predict that Amazon.com, Inc. will post 5.27 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Andrew R. Jassy sold 20,784 shares of the company’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $180.77, for a total value of $3,757,123.68. Following the completion of the transaction, the chief executive officer now directly owns 2,056,534 shares of the company’s stock, valued at approximately $371,759,651.18. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Andrew R. Jassy sold 20,784 shares of the stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $180.77, for a total transaction of $3,757,123.68. Following the completion of the transaction, the chief executive officer now directly owns 2,056,534 shares in the company, valued at approximately $371,759,651.18. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 14,600 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $180.00, for a total value of $2,628,000.00. Following the completion of the sale, the chief financial officer now owns 49,000 shares in the company, valued at $8,820,000. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 55,859 shares of company stock worth $10,215,097. Company insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of several research analyst reports. Monness Crespi & Hardt upped their target price on shares of Amazon.com from $225.00 to $245.00 and gave the company a “buy” rating in a report on Friday, November 1st. Wolfe Research initiated coverage on Amazon.com in a report on Tuesday, July 16th. They issued an “outperform” rating and a $250.00 price objective for the company. Wells Fargo & Company cut shares of Amazon.com from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $225.00 to $183.00 in a report on Monday, October 7th. Truist Financial upped their target price on shares of Amazon.com from $265.00 to $270.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, JPMorgan Chase & Co. boosted their price target on Amazon.com from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $234.55.

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.