Amazon Com Inc’s (NASDAQ:AMZN) Sentiment is 1.34

September 30, 2018 - By Mary Kidd

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Sentiment for Amazon Com Inc (NASDAQ:AMZN)

Amazon Com Inc (NASDAQ:AMZN) institutional sentiment increased to 1.34 in 2018 Q2. Its up 0.26, from 1.08 in 2018Q1. The ratio increased, as 856 hedge funds opened new and increased holdings, while 640 sold and trimmed positions in Amazon Com Inc. The hedge funds in our partner’s database now possess: 268.42 million shares, up from 266.38 million shares in 2018Q1. Also, the number of hedge funds holding Amazon Com Inc in their top 10 holdings increased from 486 to 546 for an increase of 60. Sold All: 50 Reduced: 590 Increased: 686 New Position: 170.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company has market cap of $976.95 billion. It operates through the North America, International, and Amazon Web Services divisions. It has a 158.63 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 decreased 0.50% or $9.98 during the last trading session, reaching $2003. About 3.66 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 102.53% since September 30, 2017 and is uptrending. It has outperformed by 86.91% the S&P500.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on October, 25. They expect $3.21 EPS, up 517.31 % or $2.69 from last year’s $0.52 per share. AMZN’s profit will be $1.57B for 156.00 P/E if the $3.21 EPS becomes a reality. After $5.07 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -36.69 % negative EPS growth.

Taconic Capital Advisors Lp holds 29.75% of its portfolio in Amazon.com, Inc. for 100,000 shares. Antipodean Advisors Llc owns 13,600 shares or 29.14% of their US portfolio. Moreover, Jw Asset Management Llc has 21.27% invested in the company for 19,627 shares. The Florida-based Gruss & Co Inc has invested 19.57% in the stock. Trb Advisors Lp, a New York-based fund reported 23,500 shares.

Since January 1, 0001, it had 0 insider buys, and 21 insider sales for $62.37 million activity.

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

Ratings analysis reveals 100% of Amazon’s analysts are positive. Out of 28 Wall Street analysts rating Amazon, 28 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $1550 while the high is $2525. The stock’s average target of $2083.42 is 4.01% above today’s ($2003) share price. AMZN was included in 45 notes of analysts from April 5, 2018. Stifel Nicolaus maintained the shares of AMZN in report on Thursday, September 27 with “Buy” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by UBS on Thursday, June 21. The company was maintained on Friday, July 13 by Cowen & Co. The firm has “Outperform” rating by Credit Suisse given on Monday, July 16. On Thursday, May 3 the stock rating was maintained by Tigress Financial with “Buy”. The firm has “Buy” rating by Canaccord Genuity given on Friday, April 27. The rating was reinitiated by Monness on Wednesday, April 11 with “Buy”. The firm earned “Overweight” rating on Thursday, April 19 by Morgan Stanley. The company was maintained on Thursday, June 14 by DA Davidson. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Piper Jaffray on Thursday, April 19.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Fool.com which released: “This Could Be Bigger Than E-Commerce for Amazon” on September 29, 2018, also Nasdaq.com with their article: “Amazon 4-Star Store Opens Today, Could Be Bad News for Target” published on September 27, 2018, Seekingalpha.com published: “Split decision for Amazon?” on September 19, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Everyone Thinks Amazon Is Just an E-Commerce Company — That’s a Big Mistake” published on September 30, 2018 as well as Seekingalpha.com‘s news article titled: “Amazon Ads: The Next Big Thing?” with publication date: September 25, 2018.

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

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