Amazon Com (AMZN) Market Value Rose While Chartist Has Cut Its Stake by $1.92 Million; Amazon Com (AMZN) Market Valuation Rose While Family Management Cut Its Holding by $1.53 Million

February 25, 2018 - By Clifton Ray

Family Management Corp decreased its stake in Amazon Com Inc (AMZN) by 27.16% based on its latest 2017Q3 regulatory filing with the SEC. Family Management Corp sold 1,592 shares as the company’s stock rose 13.58% with the market. The hedge fund held 4,269 shares of the consumer services company at the end of 2017Q3, valued at $4.10M, down from 5,861 at the end of the previous reported quarter. Family Management Corp who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $726.16 billion market cap company. The stock increased 0.99% or $14.66 during the last trading session, reaching $1500. About 4.42 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 25, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Chartist Inc decreased its stake in Amazon Com Inc (AMZN) by 0.48% based on its latest 2017Q3 regulatory filing with the SEC. Chartist Inc sold 2 shares as the company’s stock rose 13.58% with the market. The institutional investor held 418 shares of the consumer services company at the end of 2017Q3, valued at $401.84 million, down from 420 at the end of the previous reported quarter. Chartist Inc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $726.16B market cap company. The stock increased 0.99% or $14.66 during the last trading session, reaching $1500. About 4.42M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 25, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 51 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 275 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by SunTrust on Monday, October 2. The rating was upgraded by Raymond James on Thursday, August 27 to “Outperform”. The rating was downgraded by Monness Crespi & Hardt on Monday, January 4 to “Neutral”. Piper Jaffray maintained the stock with “Overweight” rating in Tuesday, August 4 report. JMP Securities maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, October 23. JMP Securities has “Market Outperform” rating and $740 target. As per Tuesday, October 27, the company rating was maintained by Axiom Capital. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Benchmark on Friday, July 29. JP Morgan maintained the shares of AMZN in report on Friday, July 29 with “Overweight” rating. As per Thursday, February 1, the company rating was maintained by Robert W. Baird. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Friday, July 29 by Wedbush.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 26. They expect $1.19 EPS, down 19.59% or $0.29 from last year’s $1.48 per share. AMZN’s profit will be $576.09M for 315.13 P/E if the $1.19 EPS becomes a reality. After $2.16 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91% negative EPS growth.

Since December 7, 2017, it had 0 buys, and 8 insider sales for $38.37 million activity. ALBERG TOM A also sold $3.35M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. 12,666 shares valued at $18.50 million were sold by Blackburn Jeffrey M on Thursday, February 15. Reynolds Shelley also sold $795,502 worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. On Thursday, February 15 the insider Olsavsky Brian T sold $3.42 million. WILKE JEFFREY A also sold $2.91M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. Jassy Andrew R sold 1,985 shares worth $2.90M.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It dropped, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Hedeker Wealth Llc holds 2,448 shares. Moors Cabot holds 0.55% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 3,941 shares. East Coast Asset Ltd Llc holds 20,889 shares or 5.26% of its portfolio. Jag Cap Limited Liability Com owns 2.94% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 16,333 shares. Beech Hill Advsrs holds 5,890 shares or 2.99% of its portfolio. Dorsal Capital Ltd Liability reported 4.25% stake. Daiwa Securities Gru holds 32,695 shares or 0.22% of its portfolio. Moreover, Proshare Advsr Llc has 1.74% invested in Amazon.com, Inc. (NASDAQ:AMZN). Cullen Frost Bankers stated it has 1.52% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). New York-based Valicenti Advisory Inc has invested 5.93% in Amazon.com, Inc. (NASDAQ:AMZN). Sva Plumb Wealth Limited Liability Company invested in 731 shares or 0.09% of the stock. Central Asset Investments & Mngmt Holdings (Hk) invested in 0.15% or 1,480 shares. Mig Ltd Company has 26,000 shares. 394 are held by Leavell Investment Management Incorporated. Wasatch Advsrs invested 0.01% in Amazon.com, Inc. (NASDAQ:AMZN).

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 26. They expect $1.19 earnings per share, down 19.59% or $0.29 from last year’s $1.48 per share. AMZN’s profit will be $576.09M for 315.13 P/E if the $1.19 EPS becomes a reality. After $2.16 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91% negative EPS growth.

Since December 7, 2017, it had 0 insider purchases, and 8 insider sales for $38.37 million activity. 2,333 shares valued at $3.42 million were sold by Olsavsky Brian T on Thursday, February 15. Blackburn Jeffrey M had sold 12,666 shares worth $18.50 million on Thursday, February 15. $3.35 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by ALBERG TOM A. Zapolsky David sold 2,216 shares worth $3.24 million. Another trade for 2,800 shares valued at $3.25 million was made by WILKE JEFFREY A on Thursday, December 7. $795,502 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Reynolds Shelley.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It worsened, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Hyman Charles D invested 0.09% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Marshall Wace Llp accumulated 87,676 shares. First Western Cap Company holds 0.19% in Amazon.com, Inc. (NASDAQ:AMZN) or 336 shares. United Asset Strategies stated it has 3,112 shares. Rwc Asset Management Llp has 3.66% invested in Amazon.com, Inc. (NASDAQ:AMZN). Gilder Gagnon Howe And Ltd holds 6.12% or 452,758 shares in its portfolio. Advisors Asset Mgmt invested in 1.08% or 67,080 shares. Dynamic Capital Mngmt Ltd reported 290 shares or 0.08% of all its holdings. Braun Stacey stated it has 18,764 shares or 1.23% of all its holdings. Hutchin Hill Capital Ltd Partnership has 17,100 shares for 0.62% of their portfolio. Cornerstone Advsrs invested 0.78% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Swiss State Bank stated it has 1.50M shares or 1.64% of all its holdings. Amg National Tru Bank accumulated 4,487 shares or 0.3% of the stock. Vigilant Cap Mngmt Limited Co has invested 1.71% in Amazon.com, Inc. (NASDAQ:AMZN). 7,509 are held by Gam Hldg Ag.

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