1.26 is Amazon Com Inc's (NASDAQ:AMZN) Institutional Investor Sentiment

Joanna Estrada
January 13, 2018

3,991,012 shares of the company traded hands, compared to its average volume of 3,250,000. Leavell Investment Management Inc. grew its position in shares of Amazon.com by 0.3% in the second quarter.

Stack Financial Management Inc increased its stake in Cisco Systems Inc.

Prudential Financial Inc decreased its stake in Astec Inds Inc (ASTE) by 27.18% based on its latest 2017Q3 regulatory filing with the SEC. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%.

Contour Asset Management Llc decreased Grubhub Inc (NYSE:GRUB) stake by 1.80M shares to 530,183 valued at $27.92 million in 2017Q3. Menora Mivtachim Holdings Ltd who had been investing in Check Point Software Tech Lt for a number of months, seems to be bullish on the $16.84 billion market cap company. The stock increased 0.29% or $0.5425 during the last trading session, reaching $187.6525. About 3.13 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 12, 2017 and is uptrending. It has underperformed by 3.50% the S&P500. Zapolsky David also sold $2.30 million worth of Amazon.com, Inc. The insider Olsavsky Brian T sold 2,334 shares worth $2.31 million. Finally, Wells Fargo & Co restated an outperform rating and issued a $1,400.00 target price on shares of Amazon.com in a report on Tuesday, September 26th.

Investors sentiment decreased to 1.26 in 2017 Q3. The company has a market cap of $615,200.00, a P/E ratio of 322.39, a price-to-earnings-growth ratio of 7.22 and a beta of 1.46.

Several institutional investors and hedge funds have recently bought and sold shares of the business. Whitnell & Co. raised its position in shares of Amazon.com by 581.3% during the 3rd quarter. Vanguard Group Inc. now owns 23,795,875 shares of the e-commerce giant's stock worth $17,028,804,000 after buying an additional 1,082,051 shares during the period. Probity Advisors Inc. grew its position in shares of Amazon.com by 0.6% in the second quarter. Nomura maintained Amazon.com, Inc. Highland LP holds 0.32% of its portfolio in Amazon.com, Inc. 1,985 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $1.96 million were sold by Jassy Andrew R. Blackburn Jeffrey M sold $2.05M worth of stock or 2,077 shares. TIAA CREF Investment Management LLC now owns 2,975,858 shares of the e-commerce giant's stock worth $2,129,584,000 after buying an additional 243,132 shares during the period. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. New England Private Wealth Advsr Limited Liability Corp invested in 0.14% or 490 shares. Following the completion of the transaction, the director now owns 17,114 shares in the company, valued at $20,583,692.36. Tdam Usa has invested 0.07% in Amazon.com, Inc. Glovista Invests Ltd holds 4,610 shares or 0.11% of its portfolio. Fmr Lc has invested 0% in West Pharmaceutical Services, Inc. Moreover, Sumitomo Life Insur Commerce has 1.79% invested in Johnson & Johnson (NYSE:JNJ) for 108,212 shares. (NASDAQ:AMZN). Monetta Ser Inc invested 2.98% in Amazon.com, Inc. (NASDAQ:AMZN). Wealthtrust Axiom accumulated 0.08% or 220 shares. Therefore 94% are positive. AMZN was included in 245 notes of analysts from July 21, 2015. Lakeview Capital Partners LLC boosted its position in shares of Amazon.com by 19.6% during the 2nd quarter. Needham & Company LLC reissued a "buy" rating and set a $1,250.00 target price (up from $1,150.00) on shares of Amazon.com in a research report on Friday, October 27th. Also, Director Tom A. Alberg sold 1,860 shares of Amazon.com stock in a transaction that occurred on Monday, November 6th. On Friday, July 24 the stock rating was upgraded by B. Riley & Co to "Buy". The rating was maintained by Robert W. Baird on Thursday, August 31 with "Buy". Amazon.com has a consensus rating of "Buy" and an average price target of $1,259.52. The firm has "Neutral" rating by Suntrust Robinson given on Friday, July 29. Robert W. Baird upgraded the shares of ASTE in report on Tuesday, October 3 to "Outperform" rating. (NASDAQ:ASTE) has "Buy" rating given on Tuesday, December 20 by Dougherty & Company.

Analysts await Amazon.com, Inc. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and forty-six have assigned a buy rating to the stock. Therefore 60% are positive. Pfizer had 67 analyst reports since July 29, 2015 according to SRatingsIntel. Cowen & Co maintained Amazon.com, Inc. Pivotal Research maintained the stock with "Buy" rating in Wednesday, September 21 report. The company was maintained on Thursday, December 14 by Guggenheim. As per Tuesday, January 3, the company rating was reinitiated by Piper Jaffray. Drexel Hamilton maintained Cisco Systems, Inc. Drexel Hamilton has "Buy" rating and $3900 target. As per Friday, April 7, the company rating was maintained by Morgan Stanley. The firm earned "Hold" rating on Sunday, July 23 by KeyBanc Capital Markets. The rating was downgraded by Citigroup on Tuesday, May 16 to "Sell". The firm has "Accumulate" rating by Global Hunter Securities given on Monday, September 28.

Investors sentiment is 0.83 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. 42 funds opened positions while 100 raised stakes. J&P (China) Capital Mngmt Coltd owns 29,900 shares. (NASDAQ:CSCO). 11,104 were reported by Stewart Patten Limited Liability. Vantage Investment Prtnrs Ltd Limited Liability Company invested 3.87% of its portfolio in Amazon.com, Inc. Stephens Ar reported 2,186 shares. Thomas White owns 1,615 shares. (NASDAQ:CSCO) for 926,609 shares.

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Carroll Assoc invested in 77 shares or 0% of the stock. Focused Wealth Mgmt accumulated 525 shares. Wellington Shields Capital Mngmt Lc invested 0.11% in Cisco Systems, Inc.

A number of research analysts have commented on AMZN shares. Invesco reported 0% in Astec Industries, Inc. (NASDAQ:CSCO) for 920,425 shares.

Magyar Bancorp, Inc. operates as the bank holding firm for Magyar Bank that provides various banking services and products for families and businesses in Central New Jersey. Salient Tru Lta reported 167,295 shares.

Since August 9, 2017, it had 1 insider buy, and 6 sales for $2.59 million activity. Reynolds Shelley sold $536,666 worth of stock.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER