Published: Wed, May 16, 2018
Business | By Tara Barton

Stifel Nicolaus Reaffirms "Buy" Rating for Amazon.com (NASDAQ:AMZN)

Stifel Nicolaus Reaffirms

Progressive Investment Management Corp now owns 5,664 shares of the e-commerce giant's stock valued at $5,445,000 after buying an additional 156 shares during the period. At the end of 2017Q4, the 569,393 shares of the consumer services company held by the institutional investor were valued at $665.89 million, down from 576,450 at the end of the previous reported quarter. Beddow Cap Mngmt invested 0.14% in Amazon.com, Inc. AMZN hit $1601.54 during the last trading session after $1.37 change.Currently Amazon.com, Inc.is uptrending after 76.78% change in last May 15, 2017. About 4.26M shares traded.

News headlines about Amazon.com (NASDAQ:AMZN) have trended somewhat negative this week, Accern reports. AMZN outperformed the S&P500 by 65.23%.

Jacob Doft decreased its stake in Liberty Global Plc (LBTYK) by 2.64% based on its latest 2017Q4 regulatory filing with the SEC. CCM Investment Advisers LLC now owns 13,167 shares of the e-commerce giant's stock worth $12,658,000 after purchasing an additional 417 shares during the last quarter. The hedge fund held 198,340 shares of the television services company at the end of 2017Q4, valued at $6.71 million, up from 184,672 at the end of the previous reported quarter. Rbf Capital Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $498.85B market cap company. Wilbanks Smith & Thomas Asset Mgmt Limited Liability Company accumulated 2,026 shares or 0.19% of the stock.

Highline Capital Management Llc, which manages about $3.04B and $3.02B US Long portfolio, upped its stake in Intercontinental Exchange In (NYSE:ICE) by 415,000 shares to 2.90M shares, valued at $204.34 million in 2017Q4, according to the filing. It has outperformed by 56.74% the S&P500. The Outfitter Advisors Ltd holds 2,101 shares with $2.46M value, up from 1,840 last quarter. (NASDAQ:AMZN) for 39,793 shares. The firm has "Buy" rating given on Monday, May 7 by Telsey Advisory. The stock presently has an average rating of "Buy" and a consensus target price of $1,702.99. As per Friday, September 30, the company rating was initiated by Guggenheim. The rating was maintained by Needham with "Buy" on Friday, February 2.

(NASDAQ:AMZN)'s stock had its "buy" rating reiterated by research analysts at Stifel Nicolaus in a report released on Monday, April 23rd, MarketBeat Ratings reports. Bank of America reiterated a "buy" rating and issued a $1,460.00 target price (up from $1,220.00) on shares of Amazon.com in a report on Tuesday, January 16th.

For more Amazon.com, Inc.

Large investors have recently modified their holdings of the stock.

Twenty-First Century Fox, Inc. (FOXA) Stock Formed Multiple Top Pattern
St Johns Investment Mngmt Co Ltd Company has 0.03% invested in Tesla, Inc. (NASDAQ:FOX). 711,972 are owned by Asset One Limited. The Bermuda-based Btg Pactual Global Asset Management Ltd has invested 6.26% in the stock. (NASDAQ:FOX) for 109,302 shares.

AMZN had 15 insider sales and 0 insider buys since December 7, 2017. Reynolds Shelley also sold $795,502 worth of Amazon.com, Inc. Portfolio Solutions LLC purchased a new stake in Amazon.com during the 4th quarter valued at approximately $119,000. About 2.00M shares traded.

For more Amazon.com, Inc. (NASDAQ:AMZN) was sold by Jassy Andrew R. On Thursday, February 15 Blackburn Jeffrey M sold $18.50M worth of Amazon.com, Inc. "(AMZN) Will Now Deliver to Your Car Trunk with Key In-Car" published on April 25, 2018, Seekingalpha.com published: "Amazon And Its Red Hot Valuation" on May 14, 2018. (NASDAQ:AMZN) shares were sold by STONESIFER PATRICIA Q. $2.90M worth of Amazon.com, Inc. Nelson Roberts Investment Advsrs Llc stated it has 3.87% of its portfolio in Amazon.com, Inc.

(NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, April 26th. Staley Cap Advisers invested in 2,919 shares. (NASDAQ:AMZN) shares were sold by ALBERG TOM A.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold.

On July, 26 is awaited Amazon.com, Inc. The firm earned "Buy" rating on Friday, October 28 by Mizuho. The company rating was maintained by Barclays Capital on Friday, April 27. The company was maintained on Wednesday, January 3 by Cowen & Co. Canaccord Genuity maintained Amazon.com, Inc. (NASDAQ:AMZN) for 274 shs. The company was maintained on Monday, October 24 by Goldman Sachs. The firm earned "Buy" rating on Friday, February 2 by RBC Capital Markets. The titles are as follows: "Amazon: Glimpses Of Shoeless Joe?" published on April 27, 2018, "Seattle scales back tax on Amazon" on May 15, 2018, "Pentagon explains single victor for cloud contract" with a publish date: May 14, 2018, "Why Blink Charging Shares Exploded" and the last "3 Stocks Growing Faster Than Both Amazon & Netflix" with publication date: May 10, 2018. Amazon.com has a 12-month low of $1,565.60 and a 12-month high of $1,594.11. 70 are the (NASDAQ:AMZN)'s ratings reports on May 15, 2018 according to StockzIntelligence Inc.

During 2017 Q4 the big money sentiment increased to 1.29. It is positive, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds amassed stakes and 667 increased stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. The British Columbia - Canada-based Connor Clark And Lunn Management Ltd has invested 0.38% in Amazon.com, Inc. (NASDAQ:AMZN). Paradigm Financial Advsr Limited Liability Company accumulated 357 shs. Stifel Financial Corp owns 932,945 shares or 0.01% of their United States portfolio.

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