Stock News

As Amazon. Com INC (AMZN) Valuation Rose, Shareholder Amalgamated Bank Lifted Its Holding

Amazon.com, Inc. (NASDAQ:AMZN) LogoInvestors sentiment increased to 1.34 in 2018 Q2. Its up 0.26, from 1.08 in 2018Q1. It improved, as 50 investors sold AMZN shares while 590 reduced holdings. 170 funds opened positions while 686 raised stakes. 268.42 million shares or 0.77% more from 266.38 million shares in 2018Q1 were reported. Marco Investment Lc holds 0.15% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 561 shares. Moreover, Ashford Cap Mngmt has 0.36% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 1,628 shares. Halbert Hargrove Russell Limited Liability Com holds 0.29% or 654 shares in its portfolio. Mar Vista Investment Prtn Lc owns 45,605 shares or 3.04% of their US portfolio. Buckingham Cap Mngmt, New York-based fund reported 20,349 shares. Signature Estate Inv Advsr Ltd holds 0.34% in Amazon.com, Inc. (NASDAQ:AMZN) or 2,150 shares. Allstate reported 434 shares. The Florida-based Jackson Wealth Ltd Liability Com has invested 5.96% in Amazon.com, Inc. (NASDAQ:AMZN). Primecap Ca holds 308,478 shares or 0.39% of its portfolio. Adams Asset Advsr Ltd holds 0.03% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 150 shares. Hudson Bay Cap Mngmt Ltd Partnership reported 2.35% in Amazon.com, Inc. (NASDAQ:AMZN). 15,508 are held by Envestnet Asset. Private Wealth Inc has 2.35% invested in Amazon.com, Inc. (NASDAQ:AMZN). Pineno Levin Ford Asset Inc invested in 656 shares or 0.49% of the stock. Dsam Prtnrs (London) Limited owns 17,677 shares or 6.05% of their US portfolio.

Since May 15, 2018, it had 0 insider buys, and 19 insider sales for $59.24 million activity. Another trade for 2,028 shares valued at $3.87 million was made by Olsavsky Brian T on Wednesday, August 15. Another trade for 4,108 shares valued at $8.02 million was sold by Blackburn Jeffrey M. $3.28 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Jassy Andrew R on Wednesday, August 15. 435 shares were sold by Reynolds Shelley, worth $824,513 on Wednesday, August 15. Another trade for 500 shares valued at $952,500 was sold by McGrath Judith A. $3.66 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David on Wednesday, August 15.

Amalgamated Bank increased its stake in Amazon. Com Inc (AMZN) by 7.54% based on its latest 2018Q2 regulatory filing with the SEC. Amalgamated Bank bought 4,447 shares as the company’s stock rose 16.73% with the market. The institutional investor held 63,453 shares of the consumer services company at the end of 2018Q2, valued at $107.86 million, up from 59,006 at the end of the previous reported quarter. Amalgamated Bank who had been investing in Amazon. Com Inc for a number of months, seems to be bullish on the $837.33B market cap company. The stock decreased 2.42% or $42.48 during the last trading session, reaching $1712.43. About 5.90 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 102.53% since November 10, 2017 and is uptrending. It has outperformed by 86.91% the S&P500.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Bizjournals.com which released: “How some Portland tech firms are using street outreach to build understanding, compassion” on November 09, 2018, also Seekingalpha.com with their article: “Amazon’s Guidance: Better Than The Headlines” published on October 30, 2018, Seekingalpha.com published: “Amazon will end WaPo emails” on November 01, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Should You Buy Amazon On The Dip?” published on October 30, 2018 as well as Fool.com‘s news article titled: “AMD Shows Off “Rome” Data Center CPU, Signs Amazon as Cloud Chip Customer” with publication date: November 09, 2018.

Amazon.com, Inc. (NASDAQ:AMZN) Ratings Coverage

Among 21 analysts covering Amazon (NASDAQ:AMZN), 21 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Amazon has $2525 highest and $183000 lowest target. $2141.50’s average target is 25.06% above currents $1712.43 stock price. Amazon had 26 analyst reports since May 29, 2018 according to SRatingsIntel. The firm earned “Overweight” rating on Friday, July 27 by PiperJaffray. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Jefferies on Friday, July 27. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by SunTrust on Monday, June 4. DA Davidson maintained the shares of AMZN in report on Wednesday, September 5 with “Buy” rating. Wedbush maintained the stock with “Outperform” rating in Friday, July 27 report. Jefferies maintained the shares of AMZN in report on Tuesday, September 25 with “Buy” rating. Credit Suisse maintained the shares of AMZN in report on Monday, July 16 with “Outperform” rating. The rating was maintained by JMP Securities with “Market Outperform” on Friday, July 27. Barclays Capital maintained it with “Overweight” rating and $1850 target in Friday, July 13 report. As per Monday, September 10, the company rating was maintained by Citigroup.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

*