Woodstock Corp Sells 56 Shares of Amazon.com, Inc. (AMZN)

Woodstock Corp lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 27.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 145 shares of the e-commerce giant’s stock after selling 56 shares during the period. Woodstock Corp’s holdings in Amazon.com were worth $246,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Guidant Wealth Advisors grew its stake in Amazon.com by 657.4% during the second quarter. Guidant Wealth Advisors now owns 409 shares of the e-commerce giant’s stock worth $100,000 after buying an additional 355 shares during the last quarter. Lee Financial Co grew its stake in Amazon.com by 154.3% during the first quarter. Lee Financial Co now owns 89 shares of the e-commerce giant’s stock worth $129,000 after buying an additional 54 shares during the last quarter. Point72 Asia Hong Kong Ltd bought a new stake in Amazon.com during the first quarter worth about $145,000. Braun Bostich & Associates Inc. bought a new stake in Amazon.com during the first quarter worth about $174,000. Finally, Legacy Advisors LLC grew its stake in Amazon.com by 47.1% during the second quarter. Legacy Advisors LLC now owns 103 shares of the e-commerce giant’s stock worth $175,000 after buying an additional 33 shares during the last quarter. 57.36% of the stock is owned by hedge funds and other institutional investors.

Shares of AMZN stock opened at $1,889.65 on Monday. Amazon.com, Inc. has a 52-week low of $962.50 and a 52-week high of $2,050.50. The company has a market capitalization of $976.95 billion, a price-to-earnings ratio of 415.31, a price-to-earnings-growth ratio of 4.17 and a beta of 1.58. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 0.70.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 26th. The e-commerce giant reported $5.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $2.58. Amazon.com had a net margin of 3.02% and a return on equity of 18.47%. The firm had revenue of $52.89 billion for the quarter, compared to analysts’ expectations of $53.37 billion. During the same period last year, the firm earned $0.40 earnings per share. The business’s revenue for the quarter was up 39.3% on a year-over-year basis. As a group, equities analysts anticipate that Amazon.com, Inc. will post 17.78 earnings per share for the current year.

Several analysts have weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday. Macquarie reaffirmed a “buy” rating on shares of Amazon.com in a research note on Friday, June 22nd. JMP Securities reissued a “buy” rating on shares of Amazon.com in a research note on Thursday, June 21st. BidaskClub cut shares of Amazon.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 26th. Finally, Zacks Investment Research raised shares of Amazon.com from a “hold” rating to a “buy” rating and set a $1,993.00 price target on the stock in a research note on Tuesday, July 31st. Four analysts have rated the stock with a hold rating and forty-nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $2,005.64.

In other Amazon.com news, CEO Andrew R. Jassy sold 1,726 shares of the stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $1,900.00, for a total value of $3,279,400.00. Following the sale, the chief executive officer now directly owns 88,801 shares in the company, valued at $168,721,900. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $1,981.72, for a total transaction of $3,963,440.00. Following the completion of the sale, the chief executive officer now owns 10,000 shares in the company, valued at $19,817,200. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,308 shares of company stock worth $47,905,498. Insiders own 16.30% of the company’s stock.

About Amazon.com

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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