Shareholder Fisher Asset Management LLC Has Lifted Amazon Com INC Com (AMZN) Stake

May 21, 2018 - By Maria Brooks

Amazon.com, Inc. (NASDAQ:AMZN) LogoInvestors sentiment increased to 1.29 in Q4 2017. 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. Maple Capital Management Inc stated it has 0.17% in Amazon.com, Inc. (NASDAQ:AMZN). Van Hulzen Asset Mgmt Ltd Llc reported 1,735 shares. Chemung Canal has invested 2.22% in Amazon.com, Inc. (NASDAQ:AMZN). First Allied Advisory invested in 11,703 shares. Essex Invest Mgmt Com holds 15,360 shares. Fil Ltd holds 66,345 shares. 179 were reported by Summit Fincl Wealth Advsrs Ltd Llc. Baker Ellis Asset Mngmt Ltd Limited Liability Company has 0.29% invested in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Parkwood Ltd Llc has 0.82% invested in Amazon.com, Inc. (NASDAQ:AMZN). Dnb Asset Mgmt As has 42,997 shares for 0.61% of their portfolio. Keybank National Association Oh invested 1.18% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Hennessy accumulated 1,522 shares or 0.05% of the stock. First Fincl Corp In accumulated 398 shares. Ogorek Anthony Joseph Ny Adv accumulated 85 shares. Lipe & Dalton holds 0.12% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 152 shares.

Since December 7, 2017, it had 0 buys, and 15 insider sales for $49.01 million activity. $795,502 worth of stock was sold by Reynolds Shelley on Thursday, February 15. On Thursday, February 15 Jassy Andrew R sold $2.90M worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,985 shares. On Wednesday, February 21 the insider ALBERG TOM A sold $1.01M. STONESIFER PATRICIA Q sold $2.17 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, May 2. On Thursday, February 15 Olsavsky Brian T sold $3.42 million worth of Amazon.com, Inc. (NASDAQ:AMZN) or 2,333 shares. 2,216 shares were sold by Zapolsky David, worth $3.24 million on Thursday, February 15.

Ken Fisher increased its stake in Amazon Com Inc Com (AMZN) by 2.17% based on its latest 2017Q4 regulatory filing with the SEC. Fisher Asset Management Llc bought 38,152 shares as the company’s stock rose 28.13% while stock markets declined. The hedge fund run by Ken Fisher held 1.79M shares of the consumer services company at the end of 2017Q4, valued at $2.10 billion, up from 1.76 million at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Amazon Com Inc Com for a number of months, seems to be bullish on the $763.93 billion market cap company. The stock decreased 0.47% or $7.39 during the last trading session, reaching $1574.37. About 2.18M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 21, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Fisher Asset Management Llc, which manages about $76.56B US Long portfolio, decreased its stake in Alphabet Inc Class C by 7,711 shares to 236,375 shares, valued at $247.34 million in 2017Q4, according to the filing. It also reduced its holding in Texas Instrs Inc (NASDAQ:TXN) by 43,264 shares in the quarter, leaving it with 317,798 shares, and cut its stake in Disney Walt Co (NYSE:DIS).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon’s AWS: The Land Of Milk And Honey” on May 21, 2018, also Seekingalpha.com with their article: “Pentagon explains single winner for cloud contract” published on May 14, 2018, Livetradingnews.com published: “Amazon.com, Inc. (NASDAQ:AMZN) Stock Consolidating” on May 17, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Livetradingnews.com and their article: “Amazon.com, Inc. (NASDAQ:AMZN) Technicals Indicate Stock Consolidating” published on May 18, 2018 as well as Seekingalpha.com‘s news article titled: “WaPo: Trump pushed Postmaster General to double Amazon fees” with publication date: May 18, 2018.

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

Among 40 analysts covering Amazon (NASDAQ:AMZN), 40 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Amazon has $2020 highest and $1220.0 lowest target. $1744.30’s average target is 10.79% above currents $1574.37 stock price. Amazon had 69 analyst reports since December 4, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 10 by J.P. Morgan. Susquehanna maintained it with “Buy” rating and $200000 target in Friday, April 27 report. Robert W. Baird maintained it with “Buy” rating and $1600.0 target in Thursday, February 1 report. Credit Suisse maintained it with “Outperform” rating and $1750 target in Friday, February 2 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, February 2. As per Friday, February 2, the company rating was maintained by UBS. The firm earned “Overweight” rating on Friday, February 2 by PiperJaffray. Nomura maintained the stock with “Buy” rating in Monday, February 5 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Cowen & Co on Thursday, December 7. Barclays Capital maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, February 2 with “Buy” rating.

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

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