Woodstock Corp Grows Stock Position in Amazon.com, Inc. $AMZN

Key Points

• Woodstock Corp increased its stake in Amazon.com by 5.7% in Q2, owning 33,774 shares valued at $7.41 million following an additional purchase of 1,813 shares.
• Amazon's stock recently opened at $231.48, with a market cap of $2.47 trillion and significant analyst upgrades, including a price target increase to up to $275.00.
• Insider Jeffrey P. Bezos sold over 4.27 million shares for approximately $960.67 million, reducing his ownership by 0.47%, while insiders collectively offloaded more than 25 million shares in the last three months.

Woodstock Corp boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 5.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,774 shares of the e-commerce giant's stock after purchasing an additional 1,813 shares during the quarter. Woodstock Corp's holdings in Amazon.com were worth $7,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in AMZN. Western Wealth Management LLC lifted its holdings in shares of Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant's stock valued at $26,660,000 after purchasing an additional 1,297 shares during the last quarter. Flaharty Asset Management LLC lifted its holdings in shares of Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant's stock valued at $968,000 after purchasing an additional 2,377 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Amazon.com in the 1st quarter worth $514,000. Colonial Trust Co SC raised its stake in Amazon.com by 5.9% in the 4th quarter. Colonial Trust Co SC now owns 61,074 shares of the e-commerce giant's stock worth $13,399,000 after acquiring an additional 3,413 shares during the last quarter. Finally, McIlrath & Eck LLC raised its stake in Amazon.com by 8.8% in the 4th quarter. McIlrath & Eck LLC now owns 18,498 shares of the e-commerce giant's stock worth $4,058,000 after acquiring an additional 1,490 shares during the last quarter. Institutional investors own 72.20% of the company's stock.

Analyst Upgrades and Downgrades

AMZN has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised 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. BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 target price for the company in a research note on Friday, June 27th. Citigroup restated an "overweight" rating on shares of Amazon.com in a research note on Wednesday, August 13th. Needham & Company LLC restated a "buy" rating and issued a $265.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. 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 MarketBeat, the company currently has an average rating of "Buy" and an average target price of $263.30.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. The trade was a 23.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the sale, the chief executive officer owned 518,007 shares in the company, valued at approximately $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock worth $5,676,032,574 in the last quarter. 10.80% of the stock is owned by insiders.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded down $3.85 during trading on Monday, reaching $227.63. 45,744,649 shares of the company's stock traded hands, compared to its average volume of 37,103,036. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.43 trillion, a PE ratio of 34.70, a P/E/G ratio of 1.55 and a beta of 1.31. The company has a 50-day simple moving average of $227.81 and a 200-day simple moving average of $209.49.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analysts' expectations of $161.80 billion. During the same period last year, the firm earned $1.26 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Amazon.com 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.