Amazon.Com (AMZN) Holder Baillie Gifford & Company Has Decreased Position by $363.17 Million

December 13, 2017 - By Nellie Frank

Investors sentiment decreased to 1.36 in Q2 2017. Its down 0.34, from 1.7 in 2017Q1. It dropped, 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. D Scott Neal reported 216 shares stake. Holt Cap Advsrs Ltd Liability Dba Holt Cap Prtn L P, a Texas-based fund reported 544 shares. Moreover, Wetherby Asset Mgmt has 1.16% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 7,035 shares. 596 were reported by Asset Mgmt. West Oak Limited Com holds 696 shares or 0% of its portfolio. Pennsylvania-based Berkshire Asset Mgmt Ltd Liability Co Pa has invested 0.18% in Amazon.com, Inc. (NASDAQ:AMZN). 22,233 were reported by Associated Banc. Allen Inv Management Ltd Co accumulated 4,913 shares. Foundry Prtn Ltd Liability Com holds 0.03% in Amazon.com, Inc. (NASDAQ:AMZN) or 648 shares. Harvey Mngmt Incorporated accumulated 0.75% or 1,800 shares. Train Babcock Advsr Limited Liability Com owns 250 shares for 0.11% of their portfolio. Catalyst Capital Advisors Ltd Liability has invested 0.52% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Calamos Advsrs Limited Liability Com has 1.23% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 171,342 shares. S R Schill And Associate owns 0.93% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 1,530 shares. Moreover, Great West Life Assurance Communications Can has 0.82% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 319,397 shares.

Since August 3, 2017, it had 0 buys, and 8 insider sales for $13.22 million activity. Reynolds Shelley sold $536,666 worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 15. 2,334 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $2.30M were sold by Zapolsky David. On Tuesday, August 15 the insider Blackburn Jeffrey M sold $2.05M. WILKE JEFFREY A had sold 2,800 shares worth $2.67 million. Jassy Andrew R sold 1,985 shares worth $1.96M.

Baillie Gifford & Company decreased its stake in Amazon.Com (AMZN) by 5.22% based on its latest 2017Q2 regulatory filing with the SEC. Baillie Gifford & Company sold 375,561 shares as the company’s stock rose 13.58% with the market. The institutional investor held 6.82M shares of the consumer services company at the end of 2017Q2, valued at $6.60B, down from 7.19 million at the end of the previous reported quarter. Baillie Gifford & Company who had been investing in Amazon.Com for a number of months, seems to be less bullish one the $561.42B market cap company. The stock decreased 0.33% or $3.84 during the last trading session, reaching $1165.08. About 2.24M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 13, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Baillie Gifford & Company, which manages about $74.34 billion US Long portfolio, upped its stake in Cemex Adr (NYSE:CX) by 922,003 shares to 31.28 million shares, valued at $294.70 million in 2017Q2, according to the filing. It also increased its holding in Albemarle Corp (NYSE:ALB) by 92,650 shares in the quarter, for a total of 184,555 shares, and has risen its stake in Banco Bradesco Pn Adr (NYSE:BBD).

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 148.61 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.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Usnews.com which released: “7 Stocks Primed for an Amazon Buyout” on November 27, 2017, also Usnews.com with their article: “Amazon’s Pop-Up Stores Could Be Retail’s Future” published on December 05, 2017, Investorplace.com published: “As Cable Subscribers Cut Cords, Amazon.com Inc. is There to Fill the Void” on December 13, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Investorplace.com and their article: “Why Amazon.com, Inc. May Become an Apparel Powerhouse After All” published on December 11, 2017 as well as Usnews.com‘s news article titled: “Amazon Is on the Path to $1 Trillion Valuation” with publication date: November 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 -4.01% below currents $1165.08 stock price. Amazon.com had 238 analyst reports since July 21, 2015 according to SRatingsIntel. Axiom Capital maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, April 29. Axiom Capital has “Buy” rating and $811 target. The firm earned “Buy” rating on Thursday, July 20 by Maxim Group. J.P. Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 28 with “Buy” rating. The firm has “Buy” rating given on Tuesday, August 2 by M Partners. The firm earned “Buy” rating on Wednesday, May 31 by Jefferies. Morgan Stanley maintained Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, November 11 with “Overweight” rating. The firm has “Overweight” rating by Piper Jaffray given on Friday, July 24. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, December 1 report. As per Tuesday, August 25, the company rating was maintained by Mizuho. As per Friday, August 28, the company rating was maintained by Cantor Fitzgerald.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: