TOday’s Movers: Amazon.com (NASDAQ:AMZN) Stock Rating Reconfirmed at Barclays; $1850 Target Price Indicates 2.04 % Potential

July 13, 2018 - By Andrea Pope

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It turned negative, as 73 investors sold Amazon.com, Inc. shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported.

Mark Asset Mgmt holds 20,782 shares. Moreover, Lifeplan Grp Inc has 0.02% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 21 shares. The North Carolina-based Cap Invest Counsel has invested 2.56% in Amazon.com, Inc. (NASDAQ:AMZN). Ubs Oconnor Ltd Liability Company has invested 0% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Goldstein Munger & Assoc reported 301 shares stake. Rodgers Brothers holds 0.09% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 184 shares. Windward Cap Co Ca holds 28,451 shares. Hengehold Cap Management Ltd Limited Liability Company invested in 0.14% or 379 shares. Lehman Financial Res has 0.22% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 298 shares. Adell Harriman & Carpenter holds 0% or 9,669 shares. Alyeska Investment Gru Limited Partnership invested 0.01% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Alesco Advsr Ltd Llc stated it has 179 shares. Ckw Financial Group stated it has 0% in Amazon.com, Inc. (NASDAQ:AMZN). Efg Asset Management (Americas) Corp holds 1.88% or 3,131 shares. Cornercap Counsel reported 0.15% stake.

Since February 15, 2018, it had 0 insider buys, and 21 selling transactions for $63.19 million activity. 500 shares were sold by WILKE JEFFREY A, worth $788,924 on Tuesday, March 20. 1,726 shares were sold by Jassy Andrew R, worth $2.72M on Tuesday, May 15. $18.50M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Blackburn Jeffrey M on Thursday, February 15. 2,216 shares valued at $3.24M were sold by Zapolsky David on Thursday, February 15. $2.17 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by STONESIFER PATRICIA Q. The insider Reynolds Shelley sold 435 shares worth $686,439.

Amazon.com (NASDAQ:AMZN) Rating Reaffirmed

Professional analysts at Barclays now has a $1850 target price on Amazon.com (NASDAQ:AMZN). Barclays and their recent target price gives a potential upside of 2.04 % from the company’s last stock price. The rating has been revealed in analysts report on 13 July.

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

Among 38 analysts covering Amazon (NASDAQ:AMZN), 38 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Amazon has $2100 highest and $1360.0 lowest target. $1784.14’s average target is -1.59% below currents $1813.03 stock price. Amazon had 62 analyst reports since January 16, 2018 according to SRatingsIntel. The company was maintained on Friday, February 2 by Susquehanna. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Friday, April 27 by Wedbush. M Partners maintained the stock with “Buy” rating in Wednesday, February 21 report. Loop Capital Markets maintained it with “Buy” rating and $1600.0 target in Wednesday, February 28 report. Credit Suisse maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, April 20 with “Outperform” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by GBH Insights on Thursday, January 25. The rating was maintained by Piper Jaffray on Friday, April 27 with “Buy”. The rating was maintained by Robert W. Baird on Thursday, February 1 with “Buy”. The firm has “Buy” rating by Macquarie Research given on Tuesday, February 13. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, February 2 by Aegis Capital.

The stock increased 0.91% or $16.41 during the last trading session, reaching $1813.03. About 4.20M shares traded or 3.04% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since July 13, 2017 and is uptrending. It has outperformed by 49.52% the S&P500.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.50 earnings per share, up 525.00 % or $2.10 from last year’s $0.4 per share. AMZN’s profit will be $1.21 billion for 181.30 P/E if the $2.50 EPS becomes a reality. After $3.27 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -23.55 % negative EPS growth.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company has market cap of $879.73 billion. It operates through the North America, International, and Amazon Web Services divisions. It has a 228.05 P/E ratio. The firm sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Schaeffersresearch.com which released: “3 Major Price Targets For Facebook Stock” on July 13, 2018, also Seekingalpha.com with their article: “Amazon: Are Expectations Too High?” published on July 10, 2018, Nasdaq.com published: “Everything You Need to Know About Netflix (NFLX) Ahead of Q2 Earnings” on July 13, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon Vs. Alibaba: Which Is Riskier?” published on July 05, 2018 as well as Benzinga.com‘s news article titled: “The Evolution Of Amazon’s Prime Day” with publication date: July 13, 2018.

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

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