13F: Morgan Stanley Decreased Amazon Com INC (AMZN) Stake as Share Price Rose

13F: Morgan Stanley Decreased Amazon Com INC (AMZN) Stake as Share Price Rose

Morgan Stanley decreased its stake in Amazon Com Inc (AMZN) by 1.74% based on its latest 2016Q3 regulatory filing with the SEC. Morgan Stanley sold 68,210 shares as the company’s stock rose 15.38% with the market. The institutional investor held 3.85M shares of the consumer services company at the end of 2016Q3, valued at $3.22B, down from 3.92 million at the end of the previous reported quarter. Morgan Stanley who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $378.63B market cap company. The stock decreased 0.13% or $1.02 during the last trading session, hitting $795.9. About 654 shares traded hands. Amazon.com, Inc. (NASDAQ:AMZN) has risen 9.97% since June 7, 2016 and is uptrending. It has outperformed by 2.55% the S&P500.

Morgan Stanley, which manages about $60.09 billion and $292.79B US Long portfolio, upped its stake in Oclaro Inc (NASDAQ:OCLR) by 912,722 shares to 1.10M shares, valued at $9.44M in 2016Q3, according to the filing. It also increased its holding in Ishares Tr (ACWX) by 298,305 shares in the quarter, for a total of 1.22M shares, and has risen its stake in Skywest Inc (NASDAQ:SKYW).

Morgan Stanley is a New York-based institutional investor with more than $60.09 billion AUM in November, 2014. Morgan Stanley is the 82th largest institutional investor in our database. Taken from Morgan latest Adv, the fund reported to have 219 full and part-time employees. Among which 61 performing investment advisory and research functions. The institutional investor had more than 200 clients.

Insitutional Activity: The institutional sentiment decreased to 1.29 in Q3 2016. Its down 0.17, from 1.46 in 2016Q2. The ratio dived, as 67 funds sold all AMZN shares owned while 482 reduced positions. 149 funds bought stakes while 559 increased positions. They now own 301.74 million shares or 0.70% less from 303.88 million shares in 2016Q2. Barrett Asset Mgmt Limited Liability holds 855 shares or 0.06% of its portfolio. Qci Asset Mgmt New York has invested 2.57% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Hsbc Holdg Public Limited Liability has invested 0.78% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Bollard Grp Inc Ltd has 0.97% invested in the company for 18,176 shares. Cornerstone accumulated 0.41% or 588 shares. Parkwood Limited Liability Corporation has 5,418 shares for 0.67% of their US portfolio. Iberiabank Corporation owns 656 shares or 0.23% of their US portfolio. Rmb Capital Limited Liability Corp last reported 10,418 shares in the company. First Washington holds 2.85% or 6,070 shares in its portfolio. Nichols Asset Mgmt Ltd has invested 0.94% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Tiedemann Wealth Mngmt Ltd has 1,540 shares for 0.27% of their US portfolio. Princeton Capital Management has 6,092 shares for 3.34% of their US portfolio. Luxor Capital Grp Inc Limited Partnership owns 28,182 shares or 0.66% of their US portfolio. Wealthcare Capital Mngmt Limited Liability Corporation has 0% invested in the company for 43 shares. Lombard Odier Asset (Usa) Corporation last reported 20,000 shares in the company.

Insider Transactions: Since August 2, 2016, the stock had 0 insider buys, and 11 insider sales for $793.11 million net activity. $1.49 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David. Olsavsky Brian T sold $1.11M worth of stock or 1,511 shares. $3.76 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by WILKE JEFFREY A on Monday, August 15. Shares for $7.61M were sold by Blackburn Jeffrey M. The insider Jassy Andrew R sold $11.20M. The insider BEZOS JEFFREY P sold 1.00 million shares worth $756.74M. Another trade for 626 shares valued at $460,021 was sold by Reynolds Shelley.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on January, 26. They expect $1.48 earnings per share, up 48.00% or $0.48 from last year’s $1 per share. AMZN’s profit will be $704.07 million for 134.44 P/E if the $1.48 EPS becomes a reality. After $0.52 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 184.62% EPS growth.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Foxbusiness.com which released: “Amazon.com, Inc.’s Best-Selling Product in 2016” on January 11, 2017, also Investorplace.com with their article: “Will CES Success Send Amazon.com, Inc. (AMZN) Stock to $1000?” published on January 10, 2017, Investorplace.com published: “3 Big Stock Charts for Tuesday: Amazon.com, Inc. (AMZN), Starbucks Corporation …” on January 10, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Foxbusiness.com and their article: “Why Amazon.com, Inc. Shares Gained 11% in 2016” published on January 06, 2017 as well as Fool.com‘s news article titled: “10 Wild Facts Highlight Amazon.com Inc.’s Huge Holiday Success” with publication date: December 28, 2016.

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.”

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 134 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Oppenheimer with “Outperform” on Friday, January 29. Axiom Capital maintained the stock with “Buy” rating in Friday, July 29 report. The company was maintained on Wednesday, September 2 by Monness Crespi & Hardt. On Friday, October 23 the stock rating was maintained by Credit Suisse with “Outperform”. Citigroup maintained the stock with “Buy” rating in Monday, November 28 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Tuesday, August 2 by M Partners. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by RBC Capital Markets on Friday, July 24. The rating was maintained by JMP Securities with “Market Outperform” on Friday, July 29. As per Friday, July 29, the company rating was maintained by Mizuho. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by Credit Suisse on Tuesday, January 19.

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.

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