Riverbridge Partners LLC Has $49.11 Million Holdings in Amazon.com, Inc

Marco Green
January 20, 2018

TIAA CREF Investment Management LLC now owns 2,828,302 shares of the e-commerce giant's stock worth $2,737,796,000 after acquiring an additional 46,800 shares in the last quarter. The institutional investor held 1,599 shares of the consumer services company at the end of 2017Q3, valued at $1.54M, up from 530 at the end of the previous reported quarter. The stock increased 0.26% or $3.4 during the last trading session, reaching $1296.72. About 10.53M shares traded or 83.35% up from the average. The Goldman Sachs Group, Inc. It has outperformed by 6.37% the S&P500.

Jonathon Jacobson increased its stake in Cenovus Energy Inc (CVE) by 620.83% based on its latest 2017Q3 regulatory filing with the SEC.

Some buy side analysts are also providing their Analysis on Amazon.com, Inc., where 13 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it's a HOLD, and 0 analysts rated the stock as Sell. About 770,420 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 19, 2017 and is uptrending.

Investors sentiment decreased to 1.26 in Q3 2017.

The company has a current ratio of 1 gauging towards its ability in paying short-term and long-term obligations.

Other hedge funds also recently added to or reduced their stakes in the company. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.09 by ($0.57). Arrowgrass Capital Ptnrs (Us) LP invested in 60,362 shares. 24,847 were accumulated by Clough Capital Limited Partnership. Chilton Mgmt Limited Liability Com stated it has 20,515 shares. Cibc Ww Inc has 65,358 shares for 0.3% of their portfolio. Capwealth Advsr Ltd has 10,599 shares for 1.96% of their portfolio.

Shares of Amazon.com, Inc. (NASDAQ:AMZN) or 544 shares. Braun Stacey Associates holds 1.23% of its portfolio in Amazon.com, Inc. Discovery Mngmt Llc Ct invested in 4.6% or 200,833 shares. After $0.52 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 273.08% EPS growth. Moreover, Massachusetts Services Ma has 0.6% invested in Amazon.com, Inc. Willingdon Wealth Mgmt has invested 0.01% in Amazon.com, Inc. (NASDAQ:AMZN). California Public Employees Retirement holds 1.23% or 862,879 shares in its portfolio. (NASDAQ:AMZN) or 2,334 shares. Gamco Inc Et Al stated it has 0.02% of its portfolio in Amazon.com, Inc. Clear Investment Research LLC grew its holdings in shares of Amazon.com by 73,100.0% during the second quarter.

Since August 3, 2017, it had 0 insider buys, and 9 sales for $16.47 million activity. (NASDAQ:AMZN) on Tuesday, August 15. 2,334 shares were sold by Zapolsky David, worth $2.30M.

While looking at the Stock's Performance, Amazon.com, Inc. now shows a Weekly Performance of 3.38%, where Monthly Performance is 10.28%, Quarterly performance is 28.68%, 6 Months performance is 26.41% and yearly performance percentage is 59.93%. The stock was sold at an average price of $1,160.34, for a total value of $3,248,952.00. (NASDAQ:AMZN) was sold by Jassy Andrew R on Tuesday, August 15.

Analysts await Amazon.com, Inc. (AMZN) traded up $1.26 during trading on Friday, hitting $1,294.58. The firm's revenue for the quarter was up 33.7% on a year-over-year basis. Purchases 4,221 Shares of Amazon.com, Inc. Analysts reported that the Price Target for Amazon.com, Inc. might touch $1525 high while the Average Price Target and Low price Target is $1328.89 and $980 respectively. Therefore 94% are positive. BMO Capital Markets lifted their target price on Amazon.com to $1,600.00 and gave the stock an "outperform" rating in a research report on Tuesday. The company was maintained on Monday, July 10 by Credit Suisse. JP Morgan maintained Amazon.com, Inc.

COPYRIGHT VIOLATION WARNING: "Amazon.com (NASDAQ:AMZN) Upgraded to Buy at BidaskClub" was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. The firm earned "Buy" rating on Thursday, October 20 by Guggenheim. The stock of Brunswick Corporation (NYSE:BC) earned "Buy" rating by Stifel Nicolaus on Wednesday, January 17. As it upholds an amended rate with more EPSGR it is prone to be a good target. Argus reaffirmed a buy rating and set a $1,150.00 price objective on shares of Amazon.com in a research note on Thursday, September 21st. As per Thursday, June 15, the company rating was maintained by KeyBanc Capital Markets. $1.96 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 24 with "Buy" rating. Loop Capital set a $1,200.00 price target on Amazon.com and gave the company a "buy" rating in a report on Friday, October 20th.

Among 19 analysts covering Newell Rubbermaid Inc. The stock of Brunswick Corporation (NYSE:BC) has "Buy" rating given on Monday, November 6 by RBC Capital Markets. Therefore 100% are positive. U.S. Bancorp had 80 analyst reports since August 6, 2015 according to SRatingsIntel.

Returns and Valuations for Parsley Energy, Inc. Tigress Financial maintained the shares of AMZN in report on Monday, August 7 with "Buy" rating. The firm earned "Outperform" rating on Wednesday, November 11 by Oppenheimer. On Wednesday, January 11 the stock rating was maintained by Credit Suisse with "Outperform". The company was maintained on Tuesday, November 1 by Axiom Capital. (NASDAQ:AMZN) rating on Wednesday, October 11. The firm has "Neutral" rating by UBS given on Tuesday, January 26.

Since August 18, 2017, it had 0 buys, and 3 insider sales for $2.47 million activity. The insider GNODDE RICHARD J sold $1.19 million.

The Relative Volume of the company is 1.44 and Average Volume (3 months) is 3.64 million.

Investors sentiment decreased to 0.75 in 2017 Q3. Its up 0.06, from 0.88 in 2017Q2. It is negative, as 61 investors sold USB shares while 441 reduced holdings. 76 funds opened positions while 255 raised stakes. 271.74 million shares or 2.47% less from 278.62 million shares in 2017Q2 were reported. Pinnacle Advisory Grp holds 791 shares. Amer Rech Management Communication invested in 102 shares or 0.03% of the stock.

Tyvor Capital Llc, which manages about $526.29M US Long portfolio, decreased its stake in Alaska Air Group Inc (NYSE:ALK) by 327,950 shares to 27,607 shares, valued at $2.11M in 2017Q3, according to the filing. Blair William Il reported 284,724 shares. State Bank Of Nova Scotia reported 0.71% stake. Summit Asset Management Llc, a Tennessee-based fund reported 86,992 shares. The Tennessee-based Aldebaran Financial Inc. has invested 1.29% in the stock. Amg National Trust Fincl Bank owns 0.34% invested in U.S. Bancorp (NYSE:USB) for 93,033 shares. Following the completion of the sale, the chief executive officer now directly owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. Asset Management One Co Ltd owns 2.22 million shares. State Of Alaska Department Of Revenue has invested 0.05% in The Goldman Sachs Group, Inc.

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