Capital International Sarl Lowers stake in Amazon.com (AMZN)

Amazon.com (AMZN) : Capital International Sarl reduced its stake in Amazon.com by 1.45% during the most recent quarter end. The investment management company now holds a total of 27,275 shares of Amazon.com which is valued at $21,071,574 after selling 400 shares in Amazon.com , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Amazon.com makes up approximately 1.79% of Capital International Sarl’s portfolio.

Other Hedge Funds, Including , Ivory Investment Management sold out all of its stake in AMZN during the most recent quarter. The investment firm sold 845 shares of AMZN which is valued $652,813.Vision Capital Management reduced its stake in AMZN by selling 11,558 shares or 47.31% in the most recent quarter. The Hedge Fund company now holds 12,871 shares of AMZN which is valued at $9,943,620. Amazon.com makes up approx 3.71% of Vision Capital Management’s portfolio.Origin Asset Management Llp boosted its stake in AMZN in the latest quarter, The investment management firm added 33,005 additional shares and now holds a total of 45,792 shares of Amazon.com which is valued at $35,377,068. Amazon.com makes up approx 2.24% of Origin Asset Management Llp’s portfolio.Logan Capital Management Inc reduced its stake in AMZN by selling 442 shares or 1.02% in the most recent quarter. The Hedge Fund company now holds 42,808 shares of AMZN which is valued at $33,071,748. Amazon.com makes up approx 2.62% of Logan Capital Management Inc’s portfolio.Vicus Capital boosted its stake in AMZN in the latest quarter, The investment management firm added 8 additional shares and now holds a total of 371 shares of Amazon.com which is valued at $279,971. Amazon.com makes up approx 0.07% of Vicus Capital’s portfolio.

Amazon.com opened for trading at $770.9 and hit $772.04 on the upside on Thursday, eventually ending the session at $770.62, with a gain of 0.19% or 1.46 points. The heightened volatility saw the trading volume jump to 17,92,271 shares. Company has a market cap of $365,331 M.

On the company’s financial health, Amazon.com reported $1.78 EPS for the quarter, beating the analyst consensus estimate by $ 0.66 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.12. The company had revenue of $30404.00 million for the quarter, compared to analysts expectations of $29566.97 million. The company’s revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.

Many Wall Street Analysts have commented on Amazon.com. Company shares were Reiterated by MKM Partners on Aug 2, 2016 to “Buy”, Firm has raised the Price Target to $ 995 from a previous price target of $850 .Company shares were Reiterated by Axiom Capital on Jul 29, 2016 to “Buy”, Firm has raised the Price Target to $ 877 from a previous price target of $853 .Company shares were Reiterated by The Benchmark Company on Jul 29, 2016 to “Buy”, Firm has raised the Price Target to $ 950 from a previous price target of $915 .

Amazon.com Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Company’s products are offered through consumer-facing Websites which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices including Kindle e-readers Fire tablets Fire TVs Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Company’s operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.

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