In other Amazon.com news, Director Tom A. Alberg sold 670 shares of Amazon.com stock in a transaction on Wednesday, February 21st.
Light Street Capital Management Llc decreased Amazon Com Inc (AMZN) stake by 4.35% reported in 2017Q3 SEC filing. Kestrel Investment Management Corp bought 73,600 shares as the company's stock declined 8.85% while stock markets rallied. The institutional investor held 152,820 shares of the medical and nursing services company at the end of 2017Q3, valued at $12.43M, up from 122,425 at the end of the previous reported quarter. The stock increased 1.13% or $17.18 during the last trading session, reaching $1540.79. The company's stock had a trading volume of 6,587,564 shares, compared to its average volume of 6,650,000. (NYSE:AIG) on Monday, March 13 to "Sell" rating. It has underperformed by 23.16% the S&P500.
"We think Amazon's aim with expanding its financial offering is less about disrupting the financials sector and more about increasing engagement on its own marketplace", analyst Justin Post wrote in a note to clients Monday.
AMZN has been the subject of a number of recent research reports. 1,885 are held by Thompson Siegel And Walmsley Limited Liability Company. AMZN's profit will be $576.09M for 320.09 P/E if the $1.19 EPS becomes a reality. About 1.05 million shares traded or 0.10% up from the average.
Investors sentiment decreased to 1.26 in 2017 Q3. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.76 and a current ratio of 1.04.
Several hedge funds have recently added to or reduced their stakes in the company. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.31.
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Turning to Amazon.com, Inc. Finally, Citigroup reaffirmed a "buy" rating on shares of Amazon.com in a research note on Sunday, November 19th. Following the completion of the sale, the vice president now owns 6,533 shares of the company's stock, valued at $9,553,336.56. Berson And Corrado Invest Advsrs Lc invested in 0.22% or 405 shares. Trust Department Mb Bancorporation N A reported 1.53% of its portfolio in Amazon.com, Inc. Deutsche Bancshares Ag holds 254,828 shares or 0% of its portfolio. California State Teachers Retirement Systems reported 667,686 shares. Moreover, Fukoku Mutual Life has 0.24% invested in Amazon.com, Inc. Savings Bank Pictet & Cie (Asia) Ltd has invested 7.81% in Amazon.com, Inc. Chemung Canal Co invested in 8,971 shares or 1.96% of the stock. Hyman Charles D has invested 0.09% in Amazon.com, Inc. (NASDAQ:AMZN) for 916,927 shares. Finally, Certified Advisory Corp acquired a new position in shares of Amazon.com in the 4th quarter valued at approximately $610,000.
Since December 7, 2017, it had 0 insider purchases, and 10 sales for $42.36 million activity. Portfolio Solutions LLC bought a new stake in shares of Amazon.com during the fourth quarter worth $119,000. Reynolds Shelley had sold 544 shares worth $795,502.
(NASDAQ:AMZN) last released its earnings results on Thursday, February 1st. The insider Jassy Andrew R sold $2.90 million. (NASDAQ:AMZN) shares were sold by WILKE JEFFREY A. Zapolsky David had sold 2,216 shares worth $3.24 million. $18.50M worth of stock was sold by Blackburn Jeffrey M on Thursday, February 15. (NASDAQ:AMZN). First Commercial Bank Of Hutchinson holds 0.71% in Amazon.com, Inc. Therefore 94% are positive. La-Z-Boy had 15 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Thursday, October 19 with "Outperform". Amazon.com had a net margin of 1.71% and a return on equity of 9.23%. The company has a market capitalization of $744,380.00, a price-to-earnings ratio of 335.73, a PEG ratio of 6.60 and a beta of 1.54. The rating was maintained by J.P. Morgan with "Buy" on Monday, December 18. The company was maintained on Tuesday, January 23 by Loop Capital. The rating was maintained by UBS on Friday, October 23 with "Buy". The stock has "Buy" rating by Jefferies on Friday, February 2.
"Like Prime, Amazon may want to offer checking incentives to drive customer lock in and higher long-term retail sales", the analyst wrote. Following the completion of the transaction, the insider now owns 10,000 shares in the company, valued at $11,603,400. BMO Capital Markets has "Hold" rating and $15.0 target. Heritage Wealth holds 0.19% of its portfolio in The Home Depot, Inc. The firm has "Buy" rating given on Friday, February 2 by Mizuho. Barclays Capital maintained American International Group, Inc. (NASDAQ:AMZN) on Tuesday, February 27 with "Buy" rating. The rating was maintained by Axiom Capital on Friday, April 29 with "Buy".
Gardner Lewis Asset Management L P, which manages about $330.77 million and $1.57 billion US Long portfolio, upped its stake in Southwest Bancorp Inc. The shares were sold at an average price of $1,500.00, for a total transaction of $1,005,000.00. It also increased its holding in Concho Resources Inc. (NYSE:PFE) or 64,587 shares. It also reduced its holding in Spdr S&P 500 Etf Tr (SPY) by 148,464 shares in the quarter, leaving it with 26,997 shares, and cut its stake in Chevron Corp (NYSE:CVX).
Investors sentiment decreased to 0.85 in 2017 Q3. Its up 0.45, from 1.11 in 2017Q2. (NYSE:PFE) shares were sold by CORNWELL W DON. 27 funds opened positions while 51 raised stakes. They expect $0.37 earnings per share, up 15.63% or $0.05 from last year's $0.32 per share. Ahl Llp holds 0.04% or 72,875 shares in its portfolio. Tompkins Fincl Corporation stated it has 1,669 shares. Weik Invest Services holds 0.1% or 4,100 shares. Breton Hill Cap Ltd has 0.16% invested in CVS Health Corporation (NYSE:CVS) for 10,790 shares. The North Carolina-based Financial Bank Of America De has invested 0% in Kemper Corporation (NYSE:KMPR). Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Kemper Corporation (NYSE:KMPR).