Picton Mahoney Asset Management Decreased Its Amazon Com INC (AMZN) Stake by $3.31 Million

June 27, 2018 - By Gregory Tomko

Amazon.com, Inc. (NASDAQ:AMZN) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 1.08. That’s change of 0.21, from 2017Q4’s 1.29. 73 investors sold all, 659 reduced holdings as AMZN ratio dropped. 614 grew positions while 173 funds acquired positions. Funds hold 266.38 million shares thus 4.87% less from 2017Q4’s 280.02 million shares. 101,755 were accumulated by Teachers Retirement Sys Of The State Of Kentucky. 1St Source Retail Bank reported 5,123 shs stake. Origin Asset Llp reported 25,719 shs. Rosenblum Silverman Sutton S F Ca stated it has 11,482 shs. Tru Company Of Vermont invested in 2.02% or 14,788 shs. Riverhead Cap Lc invested in 6,039 shs or 0.37% of the stock. Cim Mangement has invested 0.79% in Amazon.com, Inc. (NASDAQ:AMZN). Macquarie Grp Ltd stated it has 99,860 shs or 0.26% of all its holdings. Arizona State Retirement System has 1.48% invested in Amazon.com, Inc. (NASDAQ:AMZN). Monetta Financial holds 5,700 shs. Community Bancorporation Na reported 0.02% in Amazon.com, Inc. (NASDAQ:AMZN). Compton Cap Mgmt Ri accumulated 1,393 shs. Koshinski Asset Mgmt, Illinois-based fund reported 2,880 shs. Wills Fincl Group Inc Inc reported 464 shs. 105,428 are owned by Moore Capital Mgmt Limited Partnership.

AMZN registered $63.19 million net activity with 0 insider buys and 21 selling transactions since February 15, 2018. Olsavsky Brian T also sold $3.22M worth of Amazon.com, Inc. (NASDAQ:AMZN) shs. $2.72 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Jassy Andrew R on Tuesday, May 15. Zapolsky David sold $3.03 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, May 15. Blackburn Jeffrey M sold $18.50 million worth of stock. ALBERG TOM A sold $3.35 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. On Tuesday, May 15 Reynolds Shelley sold $686,439 worth of Amazon.com, Inc. (NASDAQ:AMZN) or 435 shs.

The stake In Amazon Com Inc (AMZN) was decreased owned by Picton Mahoney Asset Management. According to 2018Q1 Securities and Exchange filling the reduction is 7.71%. The company’s stock popped up 5.80% while Picton Mahoney Asset Management sold 2,285 shares. The consumer services company at the end of 2018Q1 was priced at $39.60 million. It’s down from 29,645 at the end of the previous reported quarter. Now it had 27,360 shares held by the institutional investor . $820.56B is the market cap of Amazon Com Inc. AMZN is touching $1691.09 during the last trading session, after increased 1.68%.Amazon.com, Inc. has volume of 4.03 million shares. Since June 27, 2017 AMZN has risen 62.09% and is uptrending. AMZN outperformed the S&P 500 by 49.52%.

Picton Mahoney Asset Management increased its stake in Microsoft Corp (NASDAQ:MSFT) by 203,400 shares to 568,700 shares, valued at $51.90 million in 2018Q1, according to the filing. It manages about $1.39B US Long portfolio. For a total of 153,800 shares it increased its holding in Haemonetics Corp (NYSE:HAE) by 121,000 shares in the quarter, and has risen its stake in Burlington Stores Inc (NYSE:BURL).

Investors wait Amazon.com, Inc. (NASDAQ:AMZN)’s quarterly earnings on July, 26., Faxor reports. This year’s EPS analyst estimate is expected to be $2.52. That is 530.00 % up compareed to $0.4 EPS for last year. If the current EPS of $2.52 is accurate, AMZN’s profit could hit $1.22 billion. -22.94 % negative EPS growth is what analysts predict. $3.27 EPS was revealed for previous quarter.

For more Amazon.com, Inc. (NASDAQ:AMZN) news announced briefly go to: Seekingalpha.com, Seekingalpha.com, Nasdaq.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “Amazon’s Cloud Strength Continues” announced on May 31, 2018, “Shareholders, Don’t Ignore Alphabet” on June 26, 2018, “Can Netflix Hit $500?” with a publish date: June 25, 2018, “Amazon Prime: The Moral View” and the last “How her shipping startup is winning the fight against Amazon” with publication date: June 21, 2018.

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

In total 39 analysts cover Amazon (NASDAQ:AMZN). “Buy” rating has 39, “Sell” are 0, while 0 are “Hold”. 100% are bullish. With $2100 highest and $1360.0 lowest target Amazon has $1765.65 average target or 4.41% above the current ($1691.09) price. 67 are the (NASDAQ:AMZN)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Thursday, April 19 Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) rating. Piper Jaffray has “Buy” rating and $165000 target. The stock rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 9. On Friday, April 27 the stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given by Credit Suisse. The company rating was maintained by Susquehanna on Friday, February 2. On Wednesday, February 21 the company was maintained by M Partners. On Friday, April 27 the rating was maintained by Barclays Capital with “Overweight”. In Friday, February 2 report SunTrust maintained the stock with “Buy” rating. On Friday, February 2 the company was maintained by Stifel Nicolaus. On Monday, May 7 the firm has “Buy” rating given by Telsey Advisory. On Tuesday, February 13 the stock has “Buy” rating by Macquarie Research.

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

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