NASDAQ:AMZN', 'Amazon.com Inc.', 'http://finnewsdaily.com/finnews.png');

Amazon Com Inc Q2 2017 Institutional Investor Sentiment Better Than Expected

December 11, 2017 - By Marry Poplack

 Amazon Com Inc  Q2 2017 Institutional Investor Sentiment  Better Than Expected

Sentiment for Amazon Com Inc (NASDAQ:AMZN)

Amazon Com Inc (NASDAQ:AMZN) institutional sentiment decreased to 1.36 in Q2 2017. Its down -0.34, from 1.7 in 2017Q1. The ratio worsened, as 823 hedge funds increased and started new positions, while 606 sold and decreased their positions in Amazon Com Inc. The hedge funds in our partner’s database now have: 285.20 million shares, down from 293.14 million shares in 2017Q1. Also, the number of hedge funds holding Amazon Com Inc in their top 10 positions increased from 385 to 396 for an increase of 11. Sold All: 64 Reduced: 542 Increased: 670 New Position: 153.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company has market cap of $562.21 billion. It operates through the North America, International, and Amazon Web Services divisions. It has a 297.48 P/E ratio. The firm sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

The stock increased 0.41% or $4.72 during the last trading session, reaching $1166.72. About 1.29 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 11, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on February, 1. They expect $1.96 EPS, up 27.27 % or $0.42 from last year’s $1.54 per share. AMZN’s profit will be $944.47 million for 148.82 P/E if the $1.96 EPS becomes a reality. After $0.52 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 276.92 % EPS growth.

Ctc Llc holds 56.18% of its portfolio in Amazon.com, Inc. for 117,395 shares. Arrowgrass Capital Partners Llp owns 140,659 shares or 24.93% of their US portfolio. Moreover, Huntington Steele Llc has 24.37% invested in the company for 83,885 shares. The Washington-based Brighton Jones Llc has invested 23.48% in the stock. Dgh Investments Inc., a Switzerland-based fund reported 4,150 shares.#img1#

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

Ratings analysis reveals 94% of Amazon.com’s analysts are positive. Out of 50 Wall Street analysts rating Amazon.com, 47 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $105 while the high is $1500.0. The stock’s average target of $1118.38 is -4.14% below today’s ($1166.72) share price. AMZN was included in 238 notes of analysts from July 21, 2015. The rating was initiated by BMO Capital Markets with “Outperform” on Wednesday, March 2. On Tuesday, August 25 the stock rating was maintained by Mizuho with “Buy”. Maxim Group maintained Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, July 20 with “Buy” rating. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, October 11 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Sunday, October 22. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, October 27 by SunTrust. Monness Crespi & Hardt maintained the shares of AMZN in report on Friday, October 23 with “Buy” rating. As per Wednesday, July 22, the company rating was upgraded by JMP Securities. The rating was maintained by Raymond James with “Hold” on Friday, August 25. M Partners maintained the shares of AMZN in report on Tuesday, August 2 with “Buy” rating.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Usnews.com which released: “Amazon’s Pop-Up Stores Could Be Retail’s Future” on December 05, 2017, also Fool.com with their article: “8 Takeaways From Amazon.com, Inc.’s Huge Holiday Shopping Weekend” published on November 28, 2017, Businesswire.com published: “Amazon.com, Inc. Announces Early Participation Results of Exchange Offer and …” on December 06, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Fool.com and their article: “Here’s How Amazon.com, Inc. Crushed It in 2017” published on November 28, 2017 as well as Investorplace.com‘s news article titled: “Why Amazon.com, Inc. May Become an Apparel Powerhouse After All” with publication date: December 11, 2017.

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