Amazon.Com INC Com Us$0.01 (AMZN) Share Price Rose While Waverton Investment Management LTD Has Increased Position

December 15, 2017 - By Maria Brooks

Investors sentiment decreased to 1.36 in Q2 2017. Its down 0.34, from 1.7 in 2017Q1. It dived, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. Patten Patten Tn invested 0.18% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Cranbrook Wealth Management Ltd Liability Corp reported 40 shares or 0.02% of all its holdings. Timessquare Cap Mngmt Limited Co holds 0.04% or 5,634 shares in its portfolio. Davidson Advsrs holds 0.01% or 83 shares in its portfolio. Liberty Mutual Grp Inc Asset Mngmt Inc stated it has 1% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Bedrijfstakpensioenfonds Voor De Media Pno reported 36,500 shares or 4.18% of all its holdings. Tiger Global Management invested in 1.24 million shares or 10.41% of the stock. 54,308 were accumulated by Dupont Cap Mgmt Corp. Lenox Wealth Mngmt, Ohio-based fund reported 702 shares. 200 are held by Prentiss Smith And. Wetherby Asset Inc holds 1.16% or 7,035 shares. Voya Investment Management Ltd Liability reported 1.49% in Amazon.com, Inc. (NASDAQ:AMZN). Schroder Investment Mngmt reported 453,607 shares stake. Moreover, Crosslink Cap has 4.46% invested in Amazon.com, Inc. (NASDAQ:AMZN). R G Niederhoffer Management Inc holds 900 shares or 7.2% of its portfolio.

Since August 3, 2017, it had 0 insider purchases, and 9 selling transactions for $16.47 million activity. The insider Jassy Andrew R sold $1.96 million. Blackburn Jeffrey M sold $2.05M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 15. $2.30M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David on Tuesday, August 15. The insider Olsavsky Brian T sold 2,334 shares worth $2.31M. Reynolds Shelley had sold 544 shares worth $536,666.

Waverton Investment Management Ltd increased its stake in Amazon.Com Inc Com Us$0.01 (AMZN) by 16.73% based on its latest 2017Q2 regulatory filing with the SEC. Waverton Investment Management Ltd bought 11,834 shares as the company’s stock rose 13.58% with the market. The institutional investor held 82,577 shares of the consumer services company at the end of 2017Q2, valued at $79.94 million, up from 70,743 at the end of the previous reported quarter. Waverton Investment Management Ltd who had been investing in Amazon.Com Inc Com Us$0.01 for a number of months, seems to be bullish on the $565.84B market cap company. The stock increased 0.87% or $10.13 during the last trading session, reaching $1174.26. About 3.21M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 15, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Waverton Investment Management Ltd, which manages about $8.07B and $1.54B US Long portfolio, decreased its stake in Microsoft Corporation Com Us$0.0000125 (NASDAQ:MSFT) by 81,438 shares to 1.40M shares, valued at $96.83 million in 2017Q2, according to the filing. It also reduced its holding in American Tower Corporation Com Us$0.01 (NYSE:AMT) by 47,492 shares in the quarter, leaving it with 49,773 shares, and cut its stake in Progressive Corp Com Us$1 (NYSE:RAI).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Investorplace.com which released: “Why Amazon.com, Inc. May Become an Apparel Powerhouse After All” on December 11, 2017, also Seekingalpha.com with their article: “Amazon will resume selling Apple TV, Google Chromecast” published on December 14, 2017, Fool.com published: “Better Buy: Amazon.com, Inc. vs. Microsoft” on December 01, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon’s Magic Weapon To Become A $1 Trillion Company” published on December 15, 2017 as well as Seekingalpha.com‘s news article titled: “How To Make Technical Trading Actually Work In Amazon” with publication date: December 14, 2017.

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

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com has $1500.0 highest and $105 lowest target. $1118.38’s average target is -4.76% below currents $1174.26 stock price. Amazon.com had 238 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained the shares of AMZN in report on Monday, July 10 with “Buy” rating. Goldman Sachs maintained the shares of AMZN in report on Monday, October 24 with “Buy” rating. J.P. Morgan maintained the shares of AMZN in report on Friday, July 28 with “Buy” rating. Morgan Stanley maintained the shares of AMZN in report on Thursday, July 20 with “Overweight” rating. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, September 4 with “Buy” rating. The firm has “Outperform” rating given on Friday, April 29 by RBC Capital Markets. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Hold” rating given on Wednesday, June 21 by KeyBanc Capital Markets. The stock has “Buy” rating by Canaccord Genuity on Thursday, February 18. SunTrust maintained it with “Neutral” rating and $850 target in Wednesday, October 5 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Tuesday, January 12 by Credit Suisse.

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