The hedge fund held 30,155 shares of the consumer services company at the end of 2017Q2, valued at $29.19 million, up from 28,346 at the end of the previous reported quarter. SunTrust Banks, Inc. assumed coverage on Amazon.com in a report on Tuesday, August 15th. The stock rose 1.17% or $13.17 reaching $1138.52. The shares were sold at an average price of $955.20, for a total transaction of $2,674,560.00.
In other Amazon.com news, CEO Andrew R. Jassy sold 1,985 shares of the stock in a transaction dated Tuesday, August 15th. It has outperformed by 20.71% the S&P500.
Blue Chip Partners Inc decreased its stake in Travelers Companies Inc (TRV) by 46.8% based on its latest 2017Q2 regulatory filing with the SEC. Marvin And Palmer Associates Inc stated it has 5,894 shares or 4.32% of all its holdings. Farmers & Merchants Investments Inc. now owns 132 shares of the e-commerce giant's stock valued at $128,000 after purchasing an additional 112 shares in the last quarter. State Street Corp now owns 16,544,538 shares of the e-commerce giant's stock valued at $14,667,392,000 after purchasing an additional 186,756 shares during the last quarter. About 36,923 shares traded. It is down 0.69% since November 14, 2016 and is uptrending. It has outperformed by 19.08% the S&P500.
Since May 15, 2017, it had 0 buys, and 3 selling transactions for $7.38 million activity. 2,670 shares were sold by WILKE JEFFREY A, worth $2.70M. Another trade for 2,333 shares valued at $2.24M was made by Zapolsky David on Monday, May 15. Amazon.com had 232 analyst reports since July 21, 2015 according to SRatingsIntel. Therefore 94% are positive. Argus upgraded Amazon.com from a "hold" rating to a "buy" rating and set a $935.00 price objective for the company in a research note on Thursday, September 22nd. Piper Jaffray reinitiated it with "Overweight" rating and $900 target in Tuesday, January 3 report. Maxim Group maintained the stock with "Buy" rating in Thursday, July 20 report. RBC Capital Markets maintained it with "Outperform" rating and $1000 target in Friday, September 16 report. The rating was maintained by Stifel Nicolaus with "Buy" on Monday, September 18. The firm has "Buy" rating given on Wednesday, May 31 by J.P. Morgan. Benchmark maintained Amazon.com, Inc. Five analysts have rated the stock with a hold rating and forty-nine have assigned a buy rating to the stock. The rating was maintained by UBS on Friday, January 29 with "Buy". Northland Capital downgraded ShoreTel Inc (NASDAQ:SHOR) rating on Friday, July 28.
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 quick ratio of 0.74 and a current ratio of 1.03. Finally, IBM Retirement Fund boosted its stake in Amazon.com by 76.6% during the 2nd quarter.
Shares of Amazon.com (NASDAQ:AMZN) traded down $2.73 during midday trading on Monday, hitting $1,126.41. Karp Capital Management Corp acquired a new position in Amazon.com during the first quarter valued at approximately $157,189,000. Following the completion of the transaction, the chief executive officer now owns 79,891,433 shares of the company's stock, valued at $88,162,593,058.49. Its down 33.66% from 10,100 shares previously. Park Natl Corporation Oh has 0.04% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 1 shares. Goldman Sachs Grp Incorporated owns 0.92% invested in Amazon.com, Inc. Moreover, Main Street Rech Ltd Liability has 2.21% invested in Amazon.com, Inc. Northern Tru invested in 1.23% or 4.56 million shares. It is 0.00% or $0 reaching $7.5 per share. Pacific Crest maintained Amazon.com, Inc.
A number of brokerages recently issued reports on AMZN. Maxim Group maintained Amazon.com, Inc.
Henry Schein, Inc. (HSIC) Downgraded by Zacks Investment Research to Sell
This repurchase authorization authorizes the company to repurchase up to 6.3% of its shares through open market purchases. The company reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.65 by $0.03.
Shares of Amazon.com (NASDAQ:AMZN) opened at 807.48 on Thursday. Creative Planning owns 7,000 shares. Jw Asset Mngmt Ltd Liability holds 17,613 shares. Amazon.com, Inc. has a 1-year low of $710.10 and a 1-year high of $1,139.90. Wealth Enhancement Advisory Service Ltd Liability holds 2,751 shares or 0.25% of its portfolio. More interesting news about Amazon.com, Inc. "After Huge Earnings Breakout" on November 06, 2017. Stock Will Win Big This Holiday Season" with publication date: "November 10, 2017.
More notable recent Amazon.com, Inc. (NASDAQ:AMZN) for 14,848 shares. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant's stock worth $26,003,758,000 after buying an additional 764,115 shares during the period. WealthTrust Arizona LLC boosted its position in shares of Amazon.com by 2.7% in the second quarter. It also increased its holding in Ishares Tr (EFA) by 39,847 shares in the quarter, for a total of 270,417 shares, and has risen its stake in Bb&T Corp (NYSE:BBT). Amazon.com had 232 analyst reports since July 21, 2015 according to SRatingsIntel. (NASDAQ:AMZN). 25,021 were reported by Private Advisor Limited Liability Company. They expect $1.96 EPS, up 27.27% or $0.42 from last year's $1.54 per share. AMZN's profit will be $944.47M for 144.59 P/E if the $1.96 EPS becomes a reality.
Since May 15, 2017, it had 0 insider purchases, and 3 insider sales for $411,198 activity.
Greystone Managed Investments Inc increased Wells Fargo Co New (NYSE:WFC) stake by 12,040 shares to 180,743 valued at $10.02M in 2017Q2. It also reduced its holding in Enbridge Inc (NYSE:ENB) by 42,224 shares in the quarter, leaving it with 146,772 shares, and cut its stake in Boston Scientific Corp (NYSE:BSX).
Several research analysts have commented on the stock. 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. 2 funds opened positions while 3 raised stakes. Moreover, Dimensional Fund Advsr L P has 0% invested in Insignia Systems, Inc. Krilogy Financial LLC now owns 198 shares of the e-commerce giant's stock worth $142,000 after buying an additional 121 shares during the last quarter. Bell Bancshares holds 634 shares or 0.22% of its portfolio. 48,064 were accumulated by Prudential Incorporated. Citigroup holds 188 shares or 0% of its portfolio. Fincl Bank Of America De stated it has 14,447 shares. Biglari Capital Corporation owns 0.19% invested in Insignia Systems, Inc.
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