In today’s session Amazon.com, Inc. (AMZN) registered an unusually high (485) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious AMZN increase. With 485 contracts traded and 5894 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: AMZN170120C00770000 closed last at: $34.7 or 21% down. About 2.20M shares traded hands. Amazon.com, Inc. (NASDAQ:AMZN) has risen 24.58% since April 11, 2016 and is uptrending. It has outperformed by 18.43% 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 $813.88 average target is 10.84% above today’s ($734.27) stock price. Amazon.com has been the topic of 131 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, April 29 by Citigroup. Raymond James downgraded Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, March 22 to “Outperform” rating. On Friday, April 29 the stock rating was maintained by UBS with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Friday, July 24 by Credit Suisse. The stock has “Positive” rating given by Susquehanna on Friday, January 15. On Monday, January 4 the stock rating was downgraded by Monness Crespi & Hardt to “Neutral”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Tuesday, January 19 by Credit Suisse. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Overweight” rating by Morgan Stanley on Wednesday, October 5. The stock has “Outperform” rating given by Macquarie Research on Tuesday, December 22. Barclays Capital upgraded Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, July 24. Barclays Capital has “Overweight” rating and $700 price target.
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 Q2 2016. Its up 0.33, from 1.13 in 2016Q1. The ratio is positive, 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.
Balyasny Asset Mgmt Limited Liability Corp last reported 50,697 shares in the company. Moreover, Liberty Capital Mgmt has 1.56% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 3,230 shares. Prtn Cap Management Ltd Liability Co holds 0.25% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 1,305 shares. Hartford Financial Management holds 0.2% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 475 shares. Blue Ridge Capital Lc last reported 3.17% of its portfolio in the stock. Duquesne Family Office Lc, a New York-based fund reported 35,400 shares. Prentiss Smith & Inc last reported 0.08% of its portfolio in the stock. Salient Capital Advisors Limited holds 0.03% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 1,712 shares. Northern Tru Corporation last reported 1.06% of its portfolio in the stock. Busey Trust has 1.67% invested in the company for 18,229 shares. Baystate Wealth Mngmt Ltd Liability Corporation last reported 338 shares in the company. Cornerstone Advsrs has 12,500 shares for 2.21% of their US portfolio. Prudential Public Limited Co has 0.4% invested in the company for 142,380 shares. Asset Group holds 0.14% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 461 shares. Ameriprise accumulated 2.84 million shares or 1.19% of the stock.
Insider Transactions: Since May 15, 2016, the stock had 0 insider buys, and 7 selling transactions for $788.45 million net activity. Another trade for 2,305 shares valued at $1.62 million was sold by Jassy Andrew R. On Sunday, May 15 Olsavsky Brian T sold $3.17 million worth of the stock or 4,510 shares. Zapolsky David also sold $1.42M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. 10,000 shares were sold by Blackburn Jeffrey M, worth $7.61M on Tuesday, August 2. $3.88M worth of shares were sold by PIACENTINI DIEGO on Sunday, May 15. 1.00 million shares were sold by BEZOS JEFFREY P, worth $756.74M. 4,890 shares were sold by WILKE JEFFREY A, worth $3.76 million.
Amazon.com, Inc. offers a range of products and services through its Websites. The company has a market cap of $335.57 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 168.23 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: “Amazon.com, Inc. (AMZN) Stock Will Fly With AmazonFresh” on November 10, 2016, also Fool.com with their article: “Better Buy: Microsoft Corporation vs. Amazon.com, Inc.” published on November 09, 2016, Investorplace.com published: “3 Big Stock Charts: Amazon.com, Inc. (AMZN), United States Steel Corporation …” on November 10, 2016. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Profitconfidential.com and their article: “Amazon.com, Inc.: AMZN Stock Gains Strength Again” published on November 08, 2016 as well as Fool.com‘s news article titled: “A Tale of Two Earnings: Twitter, Inc. and Amazon.com” with publication date: November 08, 2016.
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