Amazon.com, Inc. (NASDAQ:AMZN) is WoodTrust Financial Corp's 9th Largest Position

WoodTrust Financial Corp boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 1.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,223 shares of the e-commerce giant's stock after purchasing an additional 2,107 shares during the quarter. Amazon.com comprises about 3.1% of WoodTrust Financial Corp's holdings, making the stock its 9th largest position. WoodTrust Financial Corp's holdings in Amazon.com were worth $22,303,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Davidson Kahn Capital Management LLC lifted its holdings in shares of Amazon.com by 92.2% during the 1st quarter. Davidson Kahn Capital Management LLC now owns 45,565 shares of the e-commerce giant's stock worth $8,669,000 after acquiring an additional 21,857 shares during the period. Spirepoint Private Client LLC grew its holdings in Amazon.com by 2.3% in the first quarter. Spirepoint Private Client LLC now owns 78,863 shares of the e-commerce giant's stock valued at $15,004,000 after purchasing an additional 1,771 shares during the period. Cooper Investors PTY Ltd. increased its position in Amazon.com by 32.5% during the first quarter. Cooper Investors PTY Ltd. now owns 82,296 shares of the e-commerce giant's stock worth $15,658,000 after purchasing an additional 20,183 shares during the last quarter. Consolidated Portfolio Review Corp raised its stake in Amazon.com by 19.2% during the first quarter. Consolidated Portfolio Review Corp now owns 28,531 shares of the e-commerce giant's stock worth $5,428,000 after purchasing an additional 4,592 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Amazon.com by 56.6% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 2,229 shares of the e-commerce giant's stock valued at $424,000 after purchasing an additional 806 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent research reports. Piper Sandler set a $250.00 price target on shares of Amazon.com and gave the company an "overweight" rating in a research report on Friday. Wells Fargo & Company upped their price target on shares of Amazon.com from $201.00 to $238.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft cut their price objective on Amazon.com from $287.00 to $206.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. JPMorgan Chase & Co. upped their target price on Amazon.com from $240.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Bank of America raised their target price on Amazon.com from $230.00 to $248.00 and gave the company a "buy" rating in a report on Monday, June 2nd. Three investment analysts have rated the stock with a hold rating, forty-five have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $249.42.

Amazon.com Stock Up 0.3%

AMZN opened at $225.69 on Tuesday. The company has a fifty day moving average of $210.69 and a two-hundred day moving average of $208.38. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The stock has a market capitalization of $2.40 trillion, a price-to-earnings ratio of 36.76, a PEG ratio of 1.69 and a beta of 1.33.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The firm had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same period last year, the firm posted $0.98 earnings per share. The company's revenue for the quarter was up 8.6% on a year-over-year basis. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $201.57, for a total transaction of $3,577,867.50. Following the completion of the sale, the chief financial officer owned 49,000 shares in the company, valued at $9,876,930. The trade was a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $202.41, for a total transaction of $2,746,703.70. Following the completion of the transaction, the senior vice president owned 47,030 shares in the company, valued at $9,519,342.30. This represents a 22.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,886,613 shares of company stock valued at $1,531,840,610 in the last 90 days. Insiders own 10.80% 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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