Amazon.com, Inc. (NASDAQ:AMZN) Receives Buy Rating from JMP Securities
- Jimmy Nichols
Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company's stock, valued at $9,697,300. About 60,680 shares traded.
While accounting for higher spending forecasts and lower operating margins, Sanderson boosted his revenue estimates for Amazon in 2017 and 2018. It has outperformed by 20.71% the S&P500.
That's according to MKM Partners managing director Rob Sanderson who, on Tuesday, raised his price target on the online giant's stock to $1,275 per share, up from $1,095. During the same quarter a year ago, the firm posted $1.78 EPS. The company has market cap of $878.02 million. The stock declined 0.64% or $6.32 reaching $983.52 per share.
About 189,168 shares traded. Citi Trends, Inc. (NASDAQ:CTRN) has risen 16.80% since August 9, 2016 and is uptrending. It has underperformed by 0.14% the S&P500. ALBERG TOM A sold 735 shares worth $700,308. Bowden Adam Bruce sold $37,027 worth of Nuance Communications Inc. Zapolsky David sold $427,550 worth of stock or 503 shares. (NASDAQ:NUAN) or 10,126 shares. "Q3 Income Drops 5%" on August 08, 2017. More interesting news about Apple Inc. Its down 0.03, from 1.29 in 2016Q3. 123 funds opened positions while 723 raised stakes. Louisiana State Employees Retirement System reported 24,800 shares stake. Asset Mngmt reported 51,425 shares. Mesirow Fincl Investment has invested 0.08% of its portfolio in Apple Inc. Mechanics Financial Bank Tru Department has 1,343 shares. 225 are held by Thompson Davis Inc. Generation Inv Management Llp reported 159,969 shares stake. Winslow Evans & Crocker invested 0% in Nuance Communications Inc. Connecticut-based Cubist Systematic Strategies Lc has invested 0.24% in Amazon.com, Inc. Shares for $3.41 million were sold by RYDER THOMAS O. Corporate insiders own 17.70% of the company's stock. Primecap Ca holds 1.02M shares or 0.12% of its portfolio. (NASDAQ:AAPL). Greenwich Wealth Management Ltd owns 71,772 shares. (NASDAQ:NUAN). Blackrock, New York-based fund reported 496,556 shares. One analyst has rated the stock with a sell rating, four have issued a hold rating, forty-three have issued a buy rating and one has given a strong buy rating to the company. Therefore 79% are positive.
Zacks presents analysts with an ABR (Average Broker Rating), based on the sell-side recommendations. The company was initiated on Friday, April 15 by Barclays Capital. FBR Capital maintained Apple Inc. The stock has "Overweight" rating by Morgan Stanley on Thursday, July 20. The rating was initiated by Pacific Crest with "Overweight" on Tuesday, December 8. The rating was maintained by Mizuho with "Buy" on Friday, February 3. The firm earned "Outperform" rating on Wednesday, September 9 by Leerink Swann. Credit Suisse has "Outperform" rating and $777 target. Riverbridge Prns Ltd Co has invested 0.81% of its portfolio in Amazon.com, Inc. (NASDAQ:WWD) by 47,105 shares to 166,147 shares, valued at $11.47M in 2016Q4, according to the filing. (The) reiterated a "buy" rating on shares of Amazon.com in a report on Wednesday.
Since February 15, 2017, it had 0 buys, and 22 selling transactions for $977.75 million activity. Olsavsky Brian T had sold 2,333 shares worth $2.24 million on Monday, May 15. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) or 1.00M shares.
Investors sentiment decreased to 1.26 in Q4 2016. For the most recent quarter, quick ratio was 0.7, current ratio was 1, LT Debt/Equity ratio was 0.33 and Total Debt/Equity ratio was 0. It dived, as 126 investors sold AMZN shares while 478 reduced holdings. 157 funds opened positions while 606 raised stakes. Volume on the day was 2.88 million shares. Dowling & Yahnke Ltd Llc holds 13,889 shares.
Spark Investment Management Llc increased Cohen & Steers Inc (NYSE:CNS) stake by 14,800 shares to 54,800 valued at $1.84M in 2016Q4.
Shares of Alphabet (NASDAQ:GOOGL) traded down 0.44% during trading on Wednesday, hitting $940.08. (NASDAQ:AMZN). Duff And Phelps Invest Management accumulated 4,805 shares. Strong Sell. Investors might also notice that two months ago the Buy recommendations (4) outnumbered Sell recommendations (0). Cobblestone Cap Advsr Ltd Liability Company holds 1.9% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Highstreet Asset Mgmt Incorporated holds 0.64% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 7,756 shares. (AMZN) stands at 23.12 while the industry's and the sector's growth for next 5 years ticked at 11.65 and 3.99 respectively. It fall, as 6 investors sold CTRN shares while 33 reduced holdings. (NASDAQ:AMZN) for 3,041 shares. D E Shaw Company stated it has 4.70M shares or 0.93% of all its holdings. It also reduced Ishares Tr (LQD) stake by 2,957 shares and now owns 1,750 shares. Jefferies maintained the stock with "Buy" rating in Friday, July 29 report. Therefore 91% are positive. Piper Jaffray maintained it with "Buy" rating and $120000 target in Wednesday, June 28 report. The firm earned "Buy" rating on Friday, July 29 by Citigroup. The rating was maintained by Drexel Hamilton with "Buy" on Wednesday, July 27. As per Tuesday, July 26, the company rating was maintained by Bernstein. The rating was maintained by UBS with "Buy" on Friday, January 29.
Growth rates are very important while analyzing the long term growth and valuation of a certain company. Cowen & Co maintained Amazon.com, Inc. (NASDAQ:AMZN) latest ratings and price target changes.
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