Wedbush Brokers Boost Earnings Estimates for Amazon.com, Inc

Joanna Estrada
November 15, 2017

Utd Amer (D B A Uas Asset Management) stated it has 19,703 shares. The institutional investor held 18.47 million shares of the consumer services company at the end of 2017Q2, valued at $17.88 billion, down from 18.89 million at the end of the previous reported quarter. During the same period last year, the business earned $0.52 EPS. sell-side analysts expect that Amazon.com, Inc. will post 4.26 earnings per share for the current year. Currently, 48.52 million total shares are owned by the public and among those 43.28 million shares have been available to trade. It is down 0.69% since November 14, 2016 and is uptrending. It has outperformed by 25.05% the S&P500.

Bollard Group Llc increased its stake in Amazon.Com Inc (AMZN) by 6.38% based on its latest 2017Q2 regulatory filing with the SEC.

In other Amazon.com news, CEO Andrew R. Jassy sold 1,985 shares of the stock in a transaction dated Tuesday, August 15th. The Greystone Managed Investments Inc holds 10,088 shares with $9.77M value, down from 11,534 last quarter. Amazon Com Inc now has $547.81B valuation. Insiders have sold a total of 396,480 shares of company stock valued at $437,036,326 in the last ninety days. 2,918,400 shares of the stock traded hands, compared to its average volume of 3,546,511. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/11/14/botty-investors-llc-purchases-shares-of-6093-amazon-com-inc-amzn.html. It has outperformed by 20.71% the S&P500. Therefore 94% are positive. Sanford C. Bernstein restated a buy rating on shares of Amazon.com in a research report on Tuesday, July 11th. Suntrust Robinson maintained it with "Neutral" rating and $775 target in Wednesday, July 6 report.

Shares of Amazon.com, Inc. Mizuho boosted their price objective on Amazon.com from $855.00 to $950.00 and gave the company a "buy" rating in a research note on Friday, September 23rd. Pacific Crest maintained Amazon.com, Inc. The company was maintained on Friday, July 24 by Credit Suisse. The firm has "Hold" rating given on Monday, November 16 by Deutsche Bank. The firm has "Outperform" rating given on Friday, January 29 by Oppenheimer. RBC Capital Markets maintained it with "Outperform" rating and $1000 target in Friday, September 16 report. LLC raised its stake in shares of Amazon.com by 22.3% during the second quarter. (NASDAQ:AMZN) or 1,985 shares. Horseman Capital Management Ltd bought 2,900 shares as the company's stock rose 13.58% with the market.

Since May 15, 2017, it had 0 buys, and 3 selling transactions for $7.38 million activity. Cantor Fitzgerald reissued a "buy" rating and set a $1,150.00 price objective on shares of Amazon.com in a report on Tuesday, October 24th. (NASDAQ:AMZN) on Monday, May 15. (NASDAQ:AMZN) news were published by: Finance.Yahoo.com which released: "Where to Buy Amazon.com, Inc". (NASDAQ:AMZN) shares. On Monday, May 15 the insider Blackburn Jeffrey M sold $1.99M.

Wedbush also issued estimates for Amazon.com's Q4 2017 earnings at $2.20 EPS, Q1 2018 earnings at $1.22 EPS and Q2 2018 earnings at $1.21 EPS. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. It worsened, as 64 investors sold AMZN shares while 542 reduced holdings. 29 funds opened positions while 75 raised stakes. Riverbridge Prtnrs Limited Liability invested in 2.09% or 2.22 million shares. The SI to Highpower International Incorporated's float is 0.21%. (NASDAQ:AMZN) by 23.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). (NASDAQ:AMZN) in a report issued on Monday, October 30th.

(NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 26th. 592 were reported by Hallmark Capital Mngmt. F&V Cap Ltd Liability Co invested 0.36% of its portfolio in Amazon.com, Inc. (NASDAQ:ISIG). Renaissance Lc owns 598,900 shares or 0% of their USA portfolio. Moreover, Van Hulzen Asset Management Limited Company has 0.61% invested in Amazon.com, Inc. (NASDAQ:AMZN). Zeke Cap Limited Liability Company, a Pennsylvania-based fund reported 3,820 shares. Fishman Jay A Ltd. MI boosted its position in shares of Amazon.com by 5.6% in the second quarter. (NASDAQ:AMZN) were released by: Investorplace.com and their article: "4 Reasons Amazon.com, Inc". Vanguard Group holds 0% or 368,104 shares in its portfolio. Nomura Holding owns 154,810 shares or 0.37% of their USA portfolio. Rothschild Corporation Il holds 0.28% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Clearbridge Limited Liability Corp invested in 939,697 shares or 0.89% of the stock. Lockheed Martin Corp (NYSE:LMT) was reduced too. The e-commerce giant reported $0.52 EPS for the quarter, missing the Zacks' consensus estimate of $1.09 by ($0.57). Its down 0.43, from 1.31 in 2017Q1. Pr Herzig & invested in 675 shares. (NASDAQ:AMZN). Bbr Prtn Lc accumulated 510 shares. Citigroup holds 188 shares or 0% of its portfolio. Winslow Evans Crocker has 1,750 shares for 0% of their portfolio. Following the completion of the sale, the chief executive officer now directly owns 81,479 shares in the company, valued at approximately $80,348,071.48. Fiduciary Fincl Services Of The Southwest Inc Tx accumulated 4,126 shares. (NASDAQ:AMZN). 566,451 are held by Swedbank. Regis Management Ltd Liability has invested 0.36% in Coherent, Inc. (NASDAQ:ISIG). Northern Tru Corp has invested 0% of its portfolio in Insignia Systems, Inc. (NASDAQ:COHR). Lord Abbett & Ltd Limited Liability Company reported 92,292 shares. Arrowstreet Partnership has 2.41% invested in Amazon.com, Inc. (NASDAQ:COHR). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,206 shares. Copper Rock Cap Prtnrs Ltd holds 604 shares. New York State Common Retirement Fund stated it has 27,225 shares or 0% of all its holdings. Winfield Associates Inc accumulated 0% or 27 shares. Vetr lowered Amazon.com from a "strong-buy" rating to a "buy" rating and set a $1,079.96 price objective on the stock.in a report on Monday, October 23rd. Coherent had 24 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has "Buy" rating by Tigress Financial given on Monday, August 7. The firm has "Buy" rating by UBS given on Friday, July 28. Emerald Advisers Inc acquired 7,255 shares as Five Below (FIVE)'s stock rose 32.44%. Stifel Nicolaus has "Buy" rating and $1100.0 target. The stock has "Buy" rating by Piper Jaffray on Monday, June 12. As per Thursday, July 20, the company rating was maintained by Benchmark. Chardan Capital Markets has "Buy" rating and $50 target. The company was maintained on Wednesday, September 2 by Monness Crespi & Hardt.

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