As Amazon.Com INC (AMZN) Share Price Rose, Kames Capital Plc Lowered Holding

April 17, 2018 - By Michael Collier

Amazon.com, Inc. (NASDAQ:AMZN) LogoInvestors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It improved, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Clark Cap Mngmt has invested 0.04% in Amazon.com, Inc. (NASDAQ:AMZN). Horan Capital Advisors Llc accumulated 328 shares. 3,388 were accumulated by Asset Strategies. Illinois-based Old Second Bank Of Aurora has invested 0.09% in Amazon.com, Inc. (NASDAQ:AMZN). Peak Asset Mngmt Limited Liability Corporation accumulated 655 shares or 0.28% of the stock. Pension Ser reported 329,173 shares stake. Diamond Hill Cap Management Incorporated reported 353 shares. Citadel Limited Liability Com has invested 0.48% in Amazon.com, Inc. (NASDAQ:AMZN). 782 were accumulated by American Money Mngmt Llc. Tcw Grp holds 2.23% or 237,003 shares. Parsec Mgmt Incorporated stated it has 0.09% in Amazon.com, Inc. (NASDAQ:AMZN). Intersect Cap Llc stated it has 0.32% in Amazon.com, Inc. (NASDAQ:AMZN). Blackhill holds 0.02% in Amazon.com, Inc. (NASDAQ:AMZN) or 80 shares. 1,296 were reported by Evanson Asset Mgmt Limited Liability Company. Ftb Advsr reported 0.15% stake.

Since December 7, 2017, it had 0 insider buys, and 13 insider sales for $45.88 million activity. $3.42M worth of stock was sold by Olsavsky Brian T on Thursday, February 15. Another trade for 544 shares valued at $795,502 was made by Reynolds Shelley on Thursday, February 15. $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Jassy Andrew R. Zapolsky David sold $3.24 million worth of stock or 2,216 shares. ALBERG TOM A had sold 2,285 shares worth $3.35M on Thursday, February 15. Shares for $18.50 million were sold by Blackburn Jeffrey M on Thursday, February 15.

Kames Capital Plc decreased its stake in Amazon.Com Inc. (AMZN) by 14.36% based on its latest 2017Q4 regulatory filing with the SEC. Kames Capital Plc sold 16,411 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 97,874 shares of the consumer services company at the end of 2017Q4, valued at $114.46 million, down from 114,285 at the end of the previous reported quarter. Kames Capital Plc who had been investing in Amazon.Com Inc. for a number of months, seems to be less bullish one the $697.84 billion market cap company. The stock increased 0.75% or $10.71 during the last trading session, reaching $1441.5. About 2.63M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 17, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Kames Capital Plc, which manages about $3.95B US Long portfolio, upped its stake in Microsoft Corporation (NASDAQ:MSFT) by 128,676 shares to 353,882 shares, valued at $30.29 million in 2017Q4, according to the filing. It also increased its holding in Lamb Weston Holdings Inc. by 403,892 shares in the quarter, for a total of 423,144 shares, and has risen its stake in Kar Auction Services Inc. (NYSE:KAR).

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 26. They expect $1.19 EPS, down 19.59 % or $0.29 from last year’s $1.48 per share. AMZN’s profit will be $576.09M for 302.84 P/E if the $1.19 EPS becomes a reality. After $2.16 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91 % negative EPS growth.

Amazon.com, Inc. (NASDAQ:AMZN) Ratings Coverage

Among 39 analysts covering Amazon (NASDAQ:AMZN), 38 have Buy rating, 0 Sell and 1 Hold. Therefore 97% are positive. Amazon has $2000.0 highest and $1100.0 lowest target. $1646.28’s average target is 14.21% above currents $1441.5 stock price. Amazon had 73 analyst reports since October 18, 2017 according to SRatingsIntel. M Partners maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, February 21. M Partners has “Buy” rating and $1750 target. As per Thursday, April 5, the company rating was downgraded by Stifel Nicolaus. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by GBH Insights on Thursday, January 25. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by RBC Capital Markets on Friday, February 2. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Stifel Nicolaus on Friday, February 2. Piper Jaffray maintained the shares of AMZN in report on Tuesday, January 9 with “Buy” rating. The company was maintained on Friday, October 27 by Aegis Capital. Nomura maintained it with “Buy” rating and $1360.0 target in Thursday, January 18 report. The firm has “Buy” rating by Mizuho given on Friday, February 2. SunTrust maintained the stock with “Buy” rating in Friday, October 27 report.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

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