Short Interest Worth Watching: Does AMAZON.COM Incorporated (NASDAQ:AMZN) Have Gas After Even Less Sellers Involved?

November 24, 2016 - By Linda Rogers   ·   0 Comments

Short Interest Worth Watching: Does AMAZON.COM Incorporated (NASDAQ:AMZN) Have Gas After Even Less Sellers Involved?

The stock of AMAZON.COM Incorporated (NASDAQ:AMZN) registered a decrease of 9.63% in short interest. AMZN’s total short interest was 5.22 million shares in November as published by FINRA. Its down 9.63% from 5.78 million shares, reported previously. With 4.44M shares average volume, it will take short sellers 1 days to cover their AMZN’s short positions. The short interest to AMAZON.COM Incorporated’s float is 1.33%. The stock decreased 0.66% or $5.21 on November 23, hitting $780.12. About 3.54M shares traded hands. Amazon.com, Inc. (NASDAQ:AMZN) has risen 25.72% since April 22, 2016 and is uptrending. It has outperformed by 20.32% the S&P500.

Amazon.com, Inc. offers a range of products and services through its Websites. The company has a market cap of $373.22 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 178.74 P/E ratio. The Firm has three divisions: North America, International and Amazon Web Services .

Insitutional Activity: The institutional sentiment decreased to 1.29 in Q2 2016. Its down 0.17, from 1.46 in 2016Q1. The ratio dived, 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.
Johnson Fincl Gru reported 1,979 shares or 0.2% of all its holdings. California Employees Retirement Systems accumulated 1.06% or 913,339 shares. Guardian Cap Limited Partnership, a Ontario – Canada-based fund reported 1,036 shares. Conning Inc has 0.3% invested in the company for 9,994 shares. Stonebridge Capital Advisors Limited Liability has 4,748 shares for 1.15% of their US portfolio. The New Hampshire-based D L Carlson Inv Group Inc has invested 0.67% in Amazon.com, Inc. (NASDAQ:AMZN). Jefferies Grp Limited Liability last reported 0.02% of its portfolio in the stock. Breton Hill Cap Ltd owns 2,143 shares or 0.49% of their US portfolio. Highland Mngmt Limited Partnership last reported 24,437 shares in the company. Oarsman Capital reported 463 shares or 0.17% of all its holdings. Deere accumulated 1.31% or 33,980 shares. Wexford Capital L P holds 12,833 shares or 1.6% of its portfolio. The California-based Dorsey Wright Associate has invested 1.16% in Amazon.com, Inc. (NASDAQ:AMZN). Clearbridge Lc has invested 2.72% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Sterling Global Strategies Ltd Liability last reported 527 shares in the company.

Insider Transactions: Since June 6, 2016, the stock had 0 insider buys, and 11 insider sales for $793.90 million net activity. 2,020 shares were sold by Zapolsky David, worth $1.49 million. Another trade for 626 shares valued at $460,021 was sold by Reynolds Shelley. Jassy Andrew R sold $1.77M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Monday, August 15. Olsavsky Brian T sold $1.11 million worth of stock or 1,511 shares. The insider STONESIFER PATRICIA Q sold $4.54M. BEZOS JEFFREY P sold $756.74M worth of stock or 1.00 million shares. $3.53M worth of shares were sold by Blackburn Jeffrey M on Tuesday, November 15.

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. 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 Wednesday, September 28 by Maxim Group. The rating was maintained by Monness Crespi & Hardt on Wednesday, September 2 with “Buy”. The firm has “Outperform” rating given on Friday, July 24 by RBC Capital Markets. The company was upgraded on Thursday, September 22 by Argus Research. Morgan Stanley maintained the shares of AMZN in a report on Wednesday, October 5 with “Overweight” rating. Piper Jaffray maintained it with “Overweight” rating and $800 target price in Friday, October 23 report. Barclays Capital maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Tuesday, December 1. Barclays Capital has “Overweight” rating and $850 price target. The stock has “Outperform” rating given by Credit Suisse on Tuesday, January 19. Cantor Fitzgerald maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 24 with “Buy” rating. Nomura maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Tuesday, May 3. Nomura has “Buy” rating and $775 price target.

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’s Rebound Underscores the Buy Case” on November 23, 2016, also Profitconfidential.com with their article: “Amazon.com, Inc.: This Package Could Be Huge for AMZN Stock” published on November 22, 2016, Fool.com published: “Better Buy: Amazon.com, Inc. vs. Facebook Inc” on November 16, 2016. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Fool.com and their article: “Amazon.com, Inc.’s CFO Gives a Crash Course on Spending Huge Sums of Money” published on November 19, 2016 as well as Bloomberg.com‘s news article titled: “Amazon in Talks to Buy Dubai’s Souq.com in $1 Billion Deal” with publication date: November 24, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Linda Rogers

Tags:


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>