Amazon Com INC (AMZN) Stock Value Declined While Kbc Group Nv Has Lowered Position by $16.87 Million

Amazon.com, Inc. (NASDAQ:AMZN) LogoInvestors sentiment decreased to 1.18 in Q3 2018. Its down 0.16, from 1.34 in 2018Q2. It fall, as 55 investors sold AMZN shares while 636 reduced holdings. 157 funds opened positions while 655 raised stakes. 260.67 million shares or 2.89% less from 268.42 million shares in 2018Q2 were reported. Amalgamated Retail Bank stated it has 61,662 shares. 7,500 are owned by Lombard Odier Asset (Usa) Corporation. Veritas Inv Management Ltd Liability Partnership invested 0.08% in Amazon.com, Inc. (NASDAQ:AMZN). Gulf Intl National Bank (Uk) Ltd invested in 3.29% or 138,941 shares. Jarislowsky Fraser has invested 0% in Amazon.com, Inc. (NASDAQ:AMZN). Fayez Sarofim Com accumulated 61,016 shares. Viking Glob Investors Limited Partnership holds 185,101 shares. Secor Capital Advsrs LP has invested 0.14% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Mar Vista Inv Prtn Lc stated it has 56,918 shares. Vista Inc holds 0.14% or 336 shares. Norman Fields Gottscho Cap Mgmt Limited Liability Corp holds 0.13% or 131 shares. 3,903 were accumulated by Cibc Retail Bank Usa. Victory Cap reported 0.27% in Amazon.com, Inc. (NASDAQ:AMZN). Horrell Capital Management holds 23 shares or 0.02% of its portfolio. Hwg Partnership has 4.17% invested in Amazon.com, Inc. (NASDAQ:AMZN).

Since August 15, 2018, it had 0 insider buys, and 22 insider sales for $92.11 million activity. 1,645 shares valued at $3.09 million were sold by WILKE JEFFREY A on Monday, August 20. Blackburn Jeffrey M sold $3.22 million worth of stock. Shares for $952,500 were sold by McGrath Judith A on Wednesday, August 15. The insider BEZOS JEFFREY P sold 16,964 shares worth $27.69 million. Reynolds Shelley had sold 437 shares worth $687,447 on Thursday, November 15. On Wednesday, August 15 Zapolsky David sold $3.66 million worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,927 shares.

Kbc Group Nv decreased its stake in Amazon Com Inc (AMZN) by 6.24% based on its latest 2018Q3 regulatory filing with the SEC. Kbc Group Nv sold 8,421 shares as the company’s stock declined 15.37% with the market. The institutional investor held 126,477 shares of the consumer services company at the end of 2018Q3, valued at $253.33 million, down from 134,898 at the end of the previous reported quarter. Kbc Group Nv who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $802.18B market cap company. The stock decreased 0.95% or $15.66 during the last trading session, reaching $1640.56. About 4.69M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 41.49% since January 12, 2018 and is uptrending. It has outperformed by 41.49% the S&P500.

Kbc Group Nv, which manages about $13.22 billion US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 923,457 shares to 2.01 million shares, valued at $67.38 million in 2018Q3, according to the filing. It also increased its holding in Regions Finl Corp New (NYSE:RF) by 681,431 shares in the quarter, for a total of 1.18 million shares, and has risen its stake in Archer Daniels Midland Co (NYSE:ADM).

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on February, 7. They expect $5.48 EPS, up 153.70 % or $3.32 from last year’s $2.16 per share. AMZN’s profit will be $2.68B for 74.84 P/E if the $5.48 EPS becomes a reality. After $5.75 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -4.70 % negative EPS growth.

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

Among 17 analysts covering Amazon.com (NASDAQ:AMZN), 17 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Amazon.com has $2525 highest and $1850 lowest target. $2203.75’s average target is 34.33% above currents $1640.56 stock price. Amazon.com had 22 analyst reports since July 13, 2018 according to SRatingsIntel. As per Tuesday, November 27, the company rating was maintained by Loop Capital Markets. As per Thursday, September 27, the company rating was maintained by Stifel Nicolaus. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by Cowen & Co on Friday, July 13. On Monday, September 10 the stock rating was maintained by Citigroup with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Monday, July 16 by Credit Suisse. Bank of America maintained the stock with “Buy” rating in Friday, October 26 report. The firm has “Buy” rating given on Wednesday, September 5 by DA Davidson. The rating was maintained by JP Morgan with “Overweight” on Friday, July 27. The firm has “Market Outperform” rating by JMP Securities given on Friday, July 27. Jefferies maintained the shares of AMZN in report on Tuesday, September 25 with “Buy” rating.

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

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