As Amazon Com (AMZN) Market Valuation Rose, Ipswich Investment Management Co Has Cut Its Position by $340,045; Knighthead Capital Management Has Raised Mercer Intl (MERC) Holding by $2.25 Million

June 24, 2018 - By Clifton Ray

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Ipswich Investment Management Co decreased its stake in Amazon Com Inc (AMZN) by 5.8% based on its latest 2018Q1 regulatory filing with the SEC. Ipswich Investment Management Co sold 235 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 3,819 shares of the consumer services company at the end of 2018Q1, valued at $5.53M, down from 4,054 at the end of the previous reported quarter. Ipswich Investment Management Co who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $832.49B market cap company. The stock decreased 0.84% or $14.55 during the last trading session, reaching $1715.67. About 3.37 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 24, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 24/05/2018 – 10 high-paying, remote jobs that Amazon wants to fill now; 09/04/2018 – Rocky Mountain High Brands Officially Launches HEMPd – Its New Line of CBD-Infused Products; 20/03/2018 – Ellie Mae Announces Encompass Data Connect; 03/04/2018 – TRUMP HAS ATTACKED AMAZON OVER RATE IT PAYS POSTAL SERVICE; 16/05/2018 – Amazon cuts Whole Foods prices for Prime members in new grocery showdown; 02/04/2018 – Nike’s earnings beat came with another highly anticipated announcement Thursday evening, that Nike will begin selling on Amazon.com; 03/04/2018 – U.S. CHAMBER OF COMMERCE OFFICIAL SAYS “IT’S INAPPROPRIATE FOR GOVERNMENT OFFICIALS TO USE THEIR POSITION TO ATTACK AN AMERICAN COMPANY”; 03/04/2018 – Joe Weisenthal: BREAKING: *NO ONGOING WHITE HOUSE TALKS ABOUT ACTION ON AMAZON: SOURCESScoop from @JenniferJJacobs and…; 03/04/2018 – Conor Sen: @selling_theta *NO ONGOING WHITE HOUSE TALKS ABOUT ACTION ON AMAZON; 15/05/2018 – Amazon spokesperson Drew Herdener said that Seattle city revenue growth over the last 7 years “far outpaces the Seattle population increase over the same time period. The city does not have a revenue problem – it has a spending efficiency problem

Tom Wagner increased its stake in Mercer Intl Inc (MERC) by 8.07% based on its latest 2018Q1 regulatory filing with the SEC. Knighthead Capital Management Llc bought 187,269 shares as the company’s stock rose 18.75% while stock markets declined. The hedge fund run by Tom Wagner held 2.51 million shares of the paper company at the end of 2018Q1, valued at $31.21M, up from 2.32M at the end of the previous reported quarter. Knighthead Capital Management Llc who had been investing in Mercer Intl Inc for a number of months, seems to be bullish on the $1.10B market cap company. It closed at $16.9 lastly. It is up 42.29% since June 24, 2017 and is uptrending. It has outperformed by 29.72% the S&P500. Some Historical MERC News: 03/05/2018 – Mercer Intl 1Q Rev $367.9M; 05/04/2018 – CAIR National: #CAIR Islamophobia Watch: EXCLUSIVE: Robert Mercer backed a secretive group that worked with Facebook, Google; 16/03/2018 – Mercer International Closes Above 200-Day Moving Average; 05/04/2018 – Adam Goldman: EXCLUSIVE: Robert Mercer backed a secretive group that worked with Facebook, Google to target anti-Muslim ads at; 06/03/2018 – Mercer International Inc. Announces Decision in NAFTA Claim; 05/03/2018 – Mercer International: Nafta Tribunal Decision to Be Issued Tuesday; 05/04/2018 – Anna Massoglia: SCOOP: Robert Mercer backed secretive “dark money” group that worked with Facebook & Google to target swing; 05/03/2018 – MERCER INTL: NAFTA TRIBUNAL DECISION WILL BE ISSUED MARCH 6; 11/05/2018 – Mercer International Presenting at Barclays Conference May 22; 05/03/2018 – Mercer International Claim Concerns Celgar Pulp Mil

More recent Mercer International Inc. (NASDAQ:MERC) news were published by: Nasdaq.com which released: “Mercer International Inc. Announces Proposed Expansion and Optimization of Friesau Facility” on June 05, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For June 20, 2018” on June 20, 2018. Nasdaq.com‘s news article titled: “New Research Coverage Highlights WPP, Codexis, Natural Resource Partners LP, Mercer International, Booking, and …” with publication date: June 01, 2018 was also an interesting one.

Among 7 analysts covering Mercer Intl (NASDAQ:MERC), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Mercer Intl had 20 analyst reports since August 26, 2015 according to SRatingsIntel. On Friday, September 11 the stock rating was upgraded by TD Securities to “Buy”. Standpoint Research initiated it with “Buy” rating and $12 target in Tuesday, April 26 report. Credit Suisse downgraded the shares of MERC in report on Friday, October 27 to “Neutral” rating. RBC Capital Markets maintained Mercer International Inc. (NASDAQ:MERC) on Thursday, January 11 with “Buy” rating. The firm has “Hold” rating by RBC Capital Markets given on Thursday, July 27. Credit Suisse upgraded the stock to “Outperform” rating in Friday, May 11 report. On Thursday, October 19 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The stock of Mercer International Inc. (NASDAQ:MERC) has “Hold” rating given on Monday, January 23 by Standpoint Research. The stock has “Hold” rating by RBC Capital Markets on Sunday, October 8. Sidoti upgraded the shares of MERC in report on Wednesday, January 13 to “Buy” rating.

Investors sentiment decreased to 1.49 in Q1 2018. Its down 0.44, from 1.93 in 2017Q4. It is negative, as 8 investors sold MERC shares while 29 reduced holdings. 21 funds opened positions while 34 raised stakes. 47.38 million shares or 2.01% less from 48.35 million shares in 2017Q4 were reported. State Street holds 113,439 shares or 0% of its portfolio. Clarivest Asset Management Limited Co invested in 0.05% or 218,240 shares. Art Advisors Limited Co has invested 0.01% in Mercer International Inc. (NASDAQ:MERC). Knighthead Cap Lc has 5.34% invested in Mercer International Inc. (NASDAQ:MERC). Nuveen Asset Ltd Liability Corporation has invested 0% in Mercer International Inc. (NASDAQ:MERC). Teacher Retirement System Of Texas has invested 0% of its portfolio in Mercer International Inc. (NASDAQ:MERC). Pcj Inv Counsel Limited reported 10,808 shares or 0.01% of all its holdings. Jpmorgan Chase And owns 29,141 shares or 0% of their US portfolio. The Michigan-based Plante Moran Fincl Advisors Lc has invested 0% in Mercer International Inc. (NASDAQ:MERC). Moreover, Penn Capital Management Inc has 0.17% invested in Mercer International Inc. (NASDAQ:MERC) for 169,855 shares. Connor Clark & Lunn Investment Mngmt holds 0% or 18,750 shares in its portfolio. First Tru Advsr Limited Partnership accumulated 0% or 46,213 shares. Bancshares Of New York Mellon Corporation stated it has 253,371 shares or 0% of all its holdings. Barclays Public Ltd Com invested in 5,957 shares. Wells Fargo & Co Mn reported 150,360 shares or 0% of all its holdings.

Since December 29, 2017, it had 1 insider buy, and 16 sales for $2.40 million activity. Shares for $170,338 were sold by GANDOSSI DAVID M on Wednesday, January 10. $361,571 worth of Mercer International Inc. (NASDAQ:MERC) shares were sold by LEE JIMMY S H. ORR NANCY also sold $28,355 worth of Mercer International Inc. (NASDAQ:MERC) shares. On Friday, December 29 the insider KELLOGG PETER R bought $142,549.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.52 EPS, up 530.00% or $2.12 from last year’s $0.4 per share. AMZN’s profit will be $1.22B for 170.21 P/E if the $2.52 EPS becomes a reality. After $3.27 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -22.94% negative EPS growth.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Fool.com which released: “Google Adds Another Weapon in Its Battle Against Amazon” on June 23, 2018, also Seekingalpha.com with their article: “Amazon’s Cloud Strength Continues” published on May 31, 2018, 247Wallst.com published: “Amazon Will Sell You Clothes That You Can Send Back” on June 23, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: 247Wallst.com and their article: “Amazon Becomes Credit Card King Maker” published on June 23, 2018 as well as Nasdaq.com‘s news article titled: “Buffett, Bezos and Dimon Found Their CEO — Now Comes the Hard Part” with publication date: June 22, 2018.

Ipswich Investment Management Co, which manages about $377.16M and $237.05M US Long portfolio, upped its stake in Crispr Therapeutics Ag by 8,818 shares to 57,075 shares, valued at $2.61 million in 2018Q1, according to the filing.

Among 56 analysts covering Amazon.com (NASDAQ:AMZN), 53 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 307 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, August 25 the stock rating was maintained by Needham with “Buy”. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Monday, June 12 with “Buy” rating. The firm has “Buy” rating given on Monday, August 28 by Morgan Stanley. Cantor Fitzgerald maintained it with “Buy” rating and $105000 target in Friday, June 16 report. Morgan Stanley maintained it with “Overweight” rating and $800.0 target in Wednesday, November 11 report. The company was maintained on Monday, December 18 by J.P. Morgan. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by M Partners on Tuesday, May 29. The firm has “Buy” rating given on Thursday, June 21 by UBS. The rating was maintained by Loop Capital Markets with “Buy” on Friday, September 29. The firm earned “Buy” rating on Monday, October 9 by Robert W. Baird.

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It dived, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. 131,296 are held by Voloridge Investment Mgmt Ltd Liability Co. Macquarie Grp Limited owns 99,860 shares or 0.26% of their US portfolio. Connor Clark Lunn Mgmt holds 0.55% in Amazon.com, Inc. (NASDAQ:AMZN) or 62,785 shares. Fdx Advsrs holds 6,393 shares or 0.28% of its portfolio. Telemus Ltd Llc reported 14,457 shares stake. Concourse Ltd Llc has 6,377 shares for 5.96% of their portfolio. Zweig reported 31,572 shares. Retirement Of Alabama reported 1.94% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Amer Economic Planning Group Inc Inc Adv has invested 0.38% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Shufro Rose Company Ltd Liability Company owns 339 shares or 0.05% of their US portfolio. Meritage Gp Limited Partnership has invested 4.87% in Amazon.com, Inc. (NASDAQ:AMZN). Norris Perne French Limited Liability Partnership Mi holds 5,464 shares or 1.15% of its portfolio. Daiwa Sb Limited has 1,090 shares. 2,200 are owned by Mycio Wealth Prtn Ltd Liability Corporation. Columbia L L C Invest Management holds 15,567 shares.

Since February 15, 2018, it had 0 insider buys, and 21 selling transactions for $63.19 million activity. WILKE JEFFREY A sold $2.59M worth of stock. Shares for $3.23M were sold by Blackburn Jeffrey M. Another trade for 1,375 shares valued at $2.17 million was made by STONESIFER PATRICIA Q on Wednesday, May 2. 2,333 shares were sold by Olsavsky Brian T, worth $3.42M on Thursday, February 15. Another trade for 1,985 shares valued at $2.90 million was sold by Jassy Andrew R. Reynolds Shelley also sold $795,502 worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

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