Woodson Capital Management LP Has $30.72 Million Position in Amazon.com, Inc. (NASDAQ:AMZN)

Woodson Capital Management LP raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN - Free Report) by 96.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,000 shares of the e-commerce giant's stock after purchasing an additional 68,580 shares during the quarter. Amazon.com makes up 5.0% of Woodson Capital Management LP's holdings, making the stock its 6th biggest position. Woodson Capital Management LP's holdings in Amazon.com were worth $30,715,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in Amazon.com during the 4th quarter worth $27,266,582,000. Capital World Investors increased its position in Amazon.com by 36.8% during the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant's stock worth $14,416,078,000 after buying an additional 17,681,004 shares during the period. Vanguard Group Inc. increased its position in Amazon.com by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant's stock worth $180,637,081,000 after buying an additional 17,635,391 shares during the period. Proficio Capital Partners LLC increased its position in Amazon.com by 17,054.5% during the 4th quarter. Proficio Capital Partners LLC now owns 12,088,589 shares of the e-commerce giant's stock worth $2,652,116,000 after buying an additional 12,018,120 shares during the period. Finally, Capital International Investors increased its position in Amazon.com by 26.5% during the 4th quarter. Capital International Investors now owns 57,268,523 shares of the e-commerce giant's stock worth $12,564,961,000 after buying an additional 12,000,745 shares during the period. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Jefferies Financial Group lowered their price objective on Amazon.com from $250.00 to $240.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. JMP Securities restated a "market outperform" rating on shares of Amazon.com in a research report on Tuesday, May 6th. Morgan Stanley decreased their price target on Amazon.com from $280.00 to $245.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. BNP Paribas upgraded Amazon.com to a "hold" rating in a research report on Wednesday, April 30th. Finally, The Goldman Sachs Group decreased their price target on Amazon.com from $255.00 to $220.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Four analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company. According to data from MarketBeat.com, Amazon.com currently has an average rating of "Moderate Buy" and an average price target of $244.57.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 2,695 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $200.79, for a total transaction of $541,129.05. Following the completion of the sale, the vice president now owns 119,780 shares of the company's stock, valued at $24,050,626.20. This trade represents a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Keith Brian Alexander sold 1,000 shares of Amazon.com stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $210.68, for a total value of $210,680.00. Following the completion of the sale, the director now owns 5,465 shares of the company's stock, valued at approximately $1,151,366.20. The trade was a 15.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 99,537 shares of company stock valued at $20,018,625. Corporate insiders own 9.70% of the company's stock.

Amazon.com Trading Up 0.8%

NASDAQ:AMZN traded up $1.64 on Monday, reaching $206.65. 29,034,623 shares of the stock traded hands, compared to its average volume of 41,968,820. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The company's 50 day moving average is $190.57 and its 200-day moving average is $208.61. The firm has a market capitalization of $2.19 trillion, a price-to-earnings ratio of 37.37, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, topping analysts' consensus estimates of $1.38 by $0.21. The business had revenue of $155.67 billion during the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. Amazon.com's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 earnings per share. Equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.