Amazon.com, Inc. (AMZN) Earns Buy Rating from Oppenheimer Holdings Inc

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29 May, 2017

The analysts wrote, "We remain encouraged by management's new direction for JCPenney and by success to-date on these initiatives", the firm said.However, the firm noted top-line progress has been neutralized by intensified industry headwinds such as Amazon.com, Inc. The hedge fund run by Michael Pausic held 132,450 shares of the consumer services company at the end of 2016Q4, valued at $99.32M, down from 145,762 at the end of the previous reported quarter. Amazon.Com Inc now has $477.11 billion valuation.

Shares of Amazon.com (NASDAQ:AMZN) traded up 0.24% during trading on Monday, reaching $995.78. The company's stock had a trading volume of 3,469,154 shares. The original version of this report can be viewed at https://transcriptdaily.com/2017/05/29/robert-w-baird-upgrades-amazon-com-inc-amzn-to-neutral-updated.html. It has outperformed by 20.71% the S&P500. BMS's SI was 4.77 million shares in May as released by FINRA. (NASDAQ:AMZN) shares were sold by ALBERG TOM A. Zapolsky David sold $2.24M worth of stock or 2,333 shares. The stock decreased 0.92% or $0.09 on May 26, reaching $9.74. About 3.47 million shares traded. Edge Therapeutics Inc (NASDAQ:EDGE) has risen 23.72% since May 29, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 1.26 in Q4 2016. Its down 0.03, from 1.29 in 2016Q3. 157 funds opened positions while 606 raised stakes. 293.60 million shares or 2.70% less from 301.74 million shares in 2016Q3 were reported. Ogorek Anthony Joseph New York Adv has invested 0.06% in Amazon.com, Inc.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN). Fishman Jay A Mi owns 2,505 shares for 0% of their portfolio. Allstate holds 0.68% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Westfield Cap Mgmt LP accumulated 210,628 shares. 316 were accumulated by Seabridge Invest Advsr Lc. Vantage Invest Advsrs Lc invested in 1,428 shares or 0.43% of the stock. Pointstate LP owns 46,243 shares for 0.5% of their portfolio. Skylands Cap Limited Liability Corp holds 3,015 shares or 0.34% of its portfolio. Altfest L J And accumulated 0.7% or 1,881 shares. Federated Investors Pa has 205,571 shares. 279,285 were reported by Aviva Public Limited. AMZN's profit will be $675.58M for 176.56 P/E if the $1.41 EPS becomes a reality. Marble Harbor Counsel Ltd Com reported 0.07% in Amazon.com, Inc.

Vetr raised Amazon.com from a "hold" rating to a "buy" rating and set a $884.00 price objective for the company in a research report on Tuesday, February 28th. Therefore 93% are positive. MKM Partners reaffirmed a "buy" rating and set a $1,095.00 price objective (up from $995.00) on shares of Amazon.com in a research report on Monday, May 8th. The stock of Amazon.com, Inc. (NASDAQ:AMZN) on Friday, January 29 with "Buy" rating. (NASDAQ:AMZN) on Tuesday, May 3 with "Buy" rating.

More notable recent Amazon.com, Inc. Maxim Group reaffirmed a "buy" rating and set a $1,000.00 price objective (up from $940.00) on shares of Amazon.com in a research report on Thursday, April 20th. The firm has "Buy" rating given on Friday, April 29 by Mizuho. The company was maintained on Friday, October 28 by Mizuho. UBS maintained it with "Buy" rating and $650 target in Friday, July 24 report. The firm earned "Outperform" rating on Friday, August 28 by Cowen & Co. Deutsche Bank maintained the shares of AMZN in report on Friday, July 29 with "Buy" rating.

Since December 9, 2016, it had 0 buys, and 21 selling transactions for $978.00 million activity. 2,333 shares were sold by Olsavsky Brian T, worth $2.24M. Shares for $3.41 million were sold by RYDER THOMAS O on Wednesday, March 1. 2,306 shares were sold by Jassy Andrew R, worth $1.93M. (NASDAQ:AMZN) for 260 shares.

Foxhaven Asset Management Lp, which manages about $761.64 million and $1.33 billion US Long portfolio, upped its stake in 58 Com Inc (NYSE:WUBA) by 173,703 shares to 416,469 shares, valued at $11.66 million in 2016Q4, according to the filing. Reynolds Shelley sold $524,339 worth of stock or 626 shares. It is negative, as 126 investors sold AMZN shares while 478 reduced holdings.

Breton Hill Capital Ltd decreased Jpmorgan Chase & Co (NYSE:JPM) stake by 4,584 shares to 20,103 valued at $1.73M in 2016Q4. Ishares Tr (IJR) was reduced too.

Among 14 analysts covering Bemis Company Inc. The firm has "Buy" rating by Monness Crespi & Hardt given on Wednesday, September 2. Therefore 50% are positive. The stock has "Outperform" rating by Credit Suisse on Tuesday, January 19. The company was maintained on Tuesday, July 19 by Citigroup. CLSA has "Outperform" rating and $890 target. Amazon.com has a 12-month low of $682.11 and a 12-month high of $999.00. (NYSE:BMS) on Friday, April 28 with "Underperform" rating. The stock has "Hold" rating by Canaccord Genuity on Friday, October 23.

Investors sentiment increased to 1.28 in Q4 2016. Its the same as in 2016Q3. The Wells Fargo & Company holds 38,855 shares with $462,000 value, up from 10,885 last quarter. Parametric Port Associate Llc holds 0.86% or 826,624 shares. 72,375 are held by Prudential Inc. Thornburg Inv Mgmt holds 0.14% of its portfolio in Amazon.com, Inc.

Investors wait Amazon.com, Inc. Northwestern Mutual Wealth Comm reported 40,077 shares. Advantus Cap Management Inc invested in 0.01% or 11,646 shares. Rafferty Asset Mngmt Ltd Llc invested 0.07% of its portfolio in Amazon.com, Inc. (NYSE:BMS). Opus Gru Limited Co reported 7,060 shares. Hamilton Point Ltd Liability Company invested 0.98% in Bemis Company, Inc. Great West Life Assurance Can has invested 0% in Kennedy-Wilson Holdings Inc (NYSE:KW). (NYSE:BMS). Legacy Private Trust Com holds 21,709 shares. 4,000 are held by First Manhattan. Gsa Capital Ptnrs Llp reported 21,020 shares or 0.03% of all its holdings.


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