CA Decreases Position in Amazon.com, Inc

It has outperformed by 30.22% the S&P500.

Carnegie Capital Asset Management Llc increased its stake in Amazon Com Inc (AMZN) by 15.45% based on its latest 2016Q4 regulatory filing with the SEC.

Amazon.com, Inc. (NASDAQ:AMZN) has quietly launched a new feature offering shoppers personalized suggestions of products they might like to buy. The National Asset Management Inc holds 5,806 shares with $4.36 million value, up from 4,627 last quarter. Amazon.com, Inc. The company's 50-day moving average is $963.03 and its 200 day moving average is $860.81. The stock rose 1.13% or $10.91 reaching $975.82.

About 2.94M shares traded. (NASDAQ:PEBK) has risen 46.92% since June 13, 2016 and is uptrending. It has outperformed by 20.71% the S&P500. Mason Street Advsr Limited Liability Company holds 53,951 shares or 1.09% of its portfolio. Cove Street Capital Llc owns 4.29 million shares or 1.97% of their United States portfolio. Institutional investors own 63.43% of the company's stock. The Maryland-based Sol Capital Management Co has invested 0.15% in the stock. Baldwin Investment Mgmt Ltd Co reported 2,730 shares. Deutsche Bank AG raised their target price on Amazon.com from $1,050.00 to $1,125.00 and gave the stock a "buy" rating in a research note on Friday, April 28th. Therefore 93% are positive. Instinet reduced their price target on Amazon.com to $925.00 in a research report on Friday, February 3rd. The rating was maintained by UBS on Friday, July 24 with "Buy".

(NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, April 27th. MKM Partners reiterated a "buy" rating on shares of Amazon.com in a report on Thursday, March 30th. The firm has "Overweight" rating by JP Morgan given on Friday, July 29. Axiom Capital has "Buy" rating and $797 target. Credit Suisse has "Outperform" rating and $800 target. Amazon.com, Inc. P/E (price to earnings) ratio is 183.31 and Forward P/E ratio of 86.55. (NASDAQ:AMZN) news were published by: Investorplace.com which released: "Monday's Vital Data: Nvidia Corporation (NVDA), Amazon.com, Inc". (PESI) has declined 1.35% since June 13, 2016 and is downtrending. The e-commerce giant reported $1.48 EPS for the quarter, topping the consensus estimate of $1.03 by $0.45. Northern Trust Corp raised its position in Amazon.com by 1.3% in the third quarter. 293.60 million shares or 2.70% less from 301.74 million shares in 2016Q3 were reported. Morgan Stanley maintained Amazon.com, Inc. (NASDAQ:AMZN) on strength during trading hours on Friday after an insider sold shares in the company. (NASDAQ:AMZN). Westfield Capital Mngmt Ltd Partnership owns 1.38% invested in Amazon.com, Inc. Company shares have been seen trading -5.18% off of the 52 week high and 41.30% away from the 52 week low. (NASDAQ:NTES) stake by 15,843 shares and now owns 16,838 shares. Arrowgrass Capital Llp invested 18.59% in Amazon.com, Inc. (NASDAQ:AMZN). Next Century Growth Invsts Ltd Liability reported 0.41% stake. Ancora Advsrs Lc reported 2,941 shares. BEZOS JEFFREY P sold $940.74 million worth of stock or 1.00M shares. About 50,198 shares traded. (NASDAQ:AMZN). Coatue Mngmt Limited Liability Company stated it has 2.43% in Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 27. AMZN's profit will be $664.72M for 173.02 P/E if the $1.41 EPS becomes a reality. Analysts are forecasting earnings of $1.38 on a per share basis this quarter.

Outfitter Advisors Ltd decreased Biogen Idec (NASDAQ:BIIB) stake by 1,675 shares to 24,551 valued at $6.96M in 2016Q4. It also upped Select Sector Spdr Tr (XLE) stake by 62,231 shares and now owns 88,359 shares. Big Lots Inc (NYSE:BIG) was reduced too. In related news, insider David Zapolsky sold 505 shares of the firm's stock in a transaction on Tuesday, May 2nd. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: "Amazon.com: Danger In Numbers" on May 26, 2017, also Seekingalpha.com with their article: "Amazon: Marginal Pricing, Marginal Business" published on June 13, 2017, Reuters.com published: "Amazon lent $1 billion to merchants to boost sales on its marketplace" on June 08, 2017.

In other news, Director Tom A. Alberg sold 670 shares of the company's stock in a transaction dated Friday, May 5th. Cim LLC's holdings in Amazon.com were worth $4,680,000 at the end of the most recent reporting period. Cape Cod Five Cents Savings Bank now owns 678 shares of the e-commerce giant's stock valued at $568,000 after buying an additional 4 shares in the last quarter. Shares for $4.11 million were sold by WILKE JEFFREY A on Wednesday, February 15. 4,000 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $3.41 million were sold by RYDER THOMAS O. (NASDAQ:AMZN) or 468 shares.

Since February 15, 2017, it had 0 insider buys, and 22 insider sales for $977.75 million activity.

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  • Zachary Reyes