Amazon.com, Inc. on Focus After Bullish Options Activity

 Amazon.com, Inc. on Focus After Bullish Options Activity

In today’s session Amazon.com, Inc. (AMZN) registered an unusually high (800) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious AMZN increase. With 800 contracts traded and 2984 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: AMZN161118C00950000 closed last at: $1.2 or 45% down. About 3.28M shares traded hands. Amazon.com, Inc. (NASDAQ:AMZN) has risen 30.72% since March 29, 2016 and is uptrending. It has outperformed by 27.25% the S&P500.

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

Out of 39 analysts covering Amazon.com (NASDAQ:AMZN), 36 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 92% are positive. $1050 is the highest target while $105 is the lowest. The $811.94 average target is 2.89% above today’s ($789.1) stock price. Amazon.com has been the topic of 130 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Evercore on Wednesday, August 26. The firm has “Buy” rating by Nomura given on Friday, July 24. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Overweight” rating given on Tuesday, December 1 by Barclays Capital. The firm has “Outperform” rating by CLSA given on Friday, July 29. The stock has “Overweight” rating given by JP Morgan on Thursday, April 7. The stock has “Overweight” rating given by KeyBanc Capital Markets on Thursday, June 16. M Partners initiated Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, December 15 with “Buy” rating. The firm has “Neutral” rating given on Monday, January 4 by Monness Crespi & Hardt. The firm has “Outperform” rating by Cowen & Co given on Friday, August 28. As per Friday, July 29, the company rating was maintained by JMP Securities.

According to Zacks Investment Research, “Amazon.com, Inc. seeks to be the world’s most customer-centric company, where customers can find and discover anything they may want to buy online. The company lists unique items in categories such as books, music, DVDs, videos, consumer electronics, toys, camera and photo items, software, computer and video games, tools and hardware, lawn and patio items, kitchen products, and wireless products.”

Insitutional Activity: The institutional sentiment increased to 1.46 in 2016 Q2. Its up 0.33, from 1.13 in 2016Q1. The ratio increased, as 50 funds sold all Amazon.com, Inc. shares owned while 443 reduced positions. 147 funds bought stakes while 571 increased positions. They now own 303.88 million shares or 18.94% less from 374.87 million shares in 2016Q1.
Clearbridge Ltd Limited Liability Company accumulated 2.72% or 190,811 shares. Moreover, Castleark Limited Liability Corp has 1.38% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 60,670 shares. Savant Capital Llc holds 0.68% or 3,317 shares in its portfolio. Coastline Tru accumulated 1,275 shares or 0.18% of the stock. Oakmont has 7.76% invested in the company for 54,190 shares. Capstone Inv Ltd Co owns 3,162 shares or 0.04% of their US portfolio. Viking Investors L P, a Connecticut-based fund reported 3.28M shares. Baker Avenue Asset Mgmt Lp reported 8,508 shares or 0.92% of all its holdings. Lakeview Capital Partners Ltd Company accumulated 1,271 shares or 0.55% of the stock. First Quadrant L P Ca holds 0.69% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 43,453 shares. Signalpoint Asset Mngmt Ltd Liability Corporation accumulated 0.19% or 624 shares. Scholtz And Lc accumulated 3.35% or 4,545 shares. Babson Capital Mngmt Limited holds 22,127 shares or 0.41% of its portfolio. Courage Miller Prtnrs Ltd Company has 0.22% invested in the company for 437 shares. Swedbank holds 1.83% or 303,079 shares in its portfolio.

Insider Transactions: Since May 3, 2016, the stock had 0 insider purchases, and 14 sales for $805.81 million net activity. 4,510 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $3.17 million were sold by Olsavsky Brian T. PIACENTINI DIEGO sold $3.88 million worth of stock. The insider Zapolsky David sold 1,110 shares worth $751,870. Jassy Andrew R sold 2,305 shares worth $1.77 million. Blackburn Jeffrey M had sold 10,000 shares worth $7.61 million on Tuesday, August 2. Another trade for 1.00M shares valued at $756.74M was sold by BEZOS JEFFREY P. RYDER THOMAS O had sold 4,000 shares worth $2.83M.

Amazon.com, Inc. offers a range of products and services through its Websites. The company has a market cap of $354.87 billion. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It has a 180.79 P/E ratio. The Firm has three divisions: North America, International and Amazon Web Services .

AMZN Company Profile

Amazon.com, Inc., incorporated on May 28, 1996, offers a range of services and products through its Websites. The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. The Firm has three divisions: North America, International and Amazon Web Services (AWS). The Company’s North America segment focuses on retail sales of consumer products from sellers and subscriptions, through its North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx. The Company’s North America segment also includes export sales from its North America-focused Websites.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Investorplace.com which released: “Monday’s Vital Data: Apple Inc (AAPL), Amazon.com, Inc. (AMZN) and General …” on October 31, 2016, also Fool.com with their article: “Amazon.com Inc. Earnings: AWS Takes the Lead Again” published on October 28, 2016, Learnbonds.com published: “Amazon.com, Inc. (AMZN) Sues 3 More Sellers Over Fake Reviews” on October 31, 2016. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Investorplace.com and their article: “5 ETFs to Watch After Amazon.com, Inc’s Earnings Miss” published on October 30, 2016 as well as Bloomberg.com‘s news article titled: “Amazon Spooks Investors With Big Spending Ahead of Holidays” with publication date: October 28, 2016.

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