Woodstock Corp Purchases New Position in Amazon.com, Inc. (AMZN)

Woodstock Corp purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 191 shares of the e-commerce giant’s stock, valued at approximately $223,000.

Other large investors have also recently made changes to their positions in the company. Portfolio Solutions LLC bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $119,000. Endurance Wealth Management Inc. boosted its holdings in shares of Amazon.com by 90.9% in the fourth quarter. Endurance Wealth Management Inc. now owns 105 shares of the e-commerce giant’s stock valued at $123,000 after acquiring an additional 50 shares in the last quarter. Oak Point Wealth Management bought a new position in shares of Amazon.com in the fourth quarter valued at approximately $125,000. Whitnell & Co. boosted its holdings in shares of Amazon.com by 581.3% in the third quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock valued at $105,000 after acquiring an additional 93 shares in the last quarter. Finally, Vestor Capital LLC boosted its holdings in shares of Amazon.com by 10.1% in the second quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock valued at $106,000 after acquiring an additional 10 shares in the last quarter. Institutional investors own 60.21% of the company’s stock.

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AMZN has been the subject of several recent analyst reports. JPMorgan Chase reiterated a “buy” rating and issued a $1,385.00 price objective (up from $1,375.00) on shares of Amazon.com in a report on Wednesday, January 10th. Wolfe Research upgraded shares of Amazon.com from a “peer perform” rating to an “outperform” rating in a report on Friday, February 23rd. UBS increased their price objective on shares of Amazon.com to $1,760.00 and gave the company a “buy” rating in a report on Friday, March 9th. They noted that the move was a valuation call. BMO Capital Markets increased their price objective on shares of Amazon.com to $1,600.00 and gave the company an “outperform” rating in a report on Tuesday, January 16th. Finally, Barclays restated an “overweight” rating and set a $1,580.00 target price on shares of Amazon.com in a report on Friday, February 2nd. Four analysts have rated the stock with a hold rating, forty-eight have assigned a buy rating and two have assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $1,494.78.

Amazon.com stock opened at $1,405.23 on Friday. The firm has a market cap of $702,802.63, a PE ratio of 308.84, a price-to-earnings-growth ratio of 6.38 and a beta of 1.59. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89. Amazon.com, Inc. has a 1-year low of $884.49 and a 1-year high of $1,617.54.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.31. The business had revenue of $60.45 billion for the quarter, compared to the consensus estimate of $59.85 billion. Amazon.com had a net margin of 1.71% and a return on equity of 9.23%. Amazon.com’s revenue for the quarter was up 38.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.54 EPS. research analysts expect that Amazon.com, Inc. will post 8.49 EPS for the current year.

In other news, CEO Jeffrey A. Wilke sold 2,000 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,454.37, for a total transaction of $2,908,740.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jeffrey A. Wilke sold 500 shares of the firm’s stock in a transaction on Wednesday, March 21st. The shares were sold at an average price of $1,577.85, for a total transaction of $788,925.00. Following the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $15,778,500. The disclosure for this sale can be found here. Insiders have sold a total of 6,214 shares of company stock worth $9,251,120 in the last 90 days. 17.70% of the stock is owned by insiders.

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Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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