WoodTrust Financial Corp raised its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 64.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 192,278 shares of the e-commerce giant’s stock after acquiring an additional 75,055 shares during the quarter. Amazon.com makes up approximately 4.8% of WoodTrust Financial Corp’s investment portfolio, making the stock its 4th largest position. WoodTrust Financial Corp’s holdings in Amazon.com were worth $42,184,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in AMZN. Brighton Jones LLC increased its stake in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after buying an additional 986 shares during the period. Bank Pictet & Cie Europe AG increased its stake in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE increased its stake in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new position in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. Institutional investors own 72.20% of the company’s stock.
Insider Activity at Amazon.com
In other news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the sale, the chief executive officer directly owned 515,507 shares of the company’s stock, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 97,911 shares of company stock worth $21,765,202. Corporate insiders own 10.80% of the company’s stock.
Amazon.com Stock Performance
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on AMZN. Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the company an “outperform” rating in a research note on Tuesday, July 1st. Wells Fargo & Company raised Amazon.com from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $245.00 to $280.00 in a research note on Wednesday, September 24th. JMP Securities reaffirmed a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Scotiabank increased their target price on shares of Amazon.com from $250.00 to $275.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 22nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. Four analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $268.69.
Read Our Latest Analysis on AMZN
About Amazon.com
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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