Blue Bell Private Wealth Management Has Raised Its General American Investors (GAM) Holding by $2.42 Million as Market Value Declined; As Amazon.Com (AMZN) Shares Rose, Shareholder Brighton Jones Has Cut Stake by $1.61 Million

May 21, 2018 - By Maria Brooks

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Blue Bell Private Wealth Management Llc increased its stake in General American Investors (GAM) by 12.31% based on its latest 2017Q4 regulatory filing with the SEC. Blue Bell Private Wealth Management Llc bought 71,224 shares as the company’s stock declined 1.96% with the market. The institutional investor held 649,591 shares of the company at the end of 2017Q4, valued at $22.35M, up from 578,367 at the end of the previous reported quarter. Blue Bell Private Wealth Management Llc who had been investing in General American Investors for a number of months, seems to be bullish on the $902.25 million market cap company. The stock increased 0.23% or $0.08 during the last trading session, reaching $34.58. About 676 shares traded. General American Investors Company, Inc. (NYSE:GAM) has risen 9.16% since May 21, 2017 and is uptrending. It has underperformed by 2.39% the S&P500.

Brighton Jones Llc decreased its stake in Amazon.Com (AMZN) by 0.82% based on its latest 2017Q4 regulatory filing with the SEC. Brighton Jones Llc sold 1,376 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 165,722 shares of the consumer services company at the end of 2017Q4, valued at $193.81 million, down from 167,098 at the end of the previous reported quarter. Brighton Jones Llc who had been investing in Amazon.Com for a number of months, seems to be less bullish one the $770.23B market cap company. The stock increased 0.82% or $12.98 during the last trading session, reaching $1587.35. About 615,209 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 21, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Investors sentiment increased to 2.05 in 2017 Q4. Its up 1.27, from 0.78 in 2017Q3. It is positive, as 2 investors sold GAM shares while 18 reduced holdings. 9 funds opened positions while 32 raised stakes. 6.48 million shares or 11.86% less from 7.35 million shares in 2017Q3 were reported. Cornerstone Incorporated holds 1.75% in General American Investors Company, Inc. (NYSE:GAM) or 448,085 shares. Lazard Asset Mgmt Limited Com stated it has 1.07 million shares or 0.07% of all its holdings. Charter Tru reported 6,914 shares or 0.03% of all its holdings. Sei Invs owns 91 shares. M&R Management reported 329 shares stake. First Manhattan reported 9,835 shares or 0% of all its holdings. Citigroup holds 15,129 shares. Overbrook Mgmt Corp stated it has 0.75% of its portfolio in General American Investors Company, Inc. (NYSE:GAM). Virtus Invest Advisers reported 39,772 shares. Bulldog Investors Ltd Co accumulated 48,808 shares. Sit Invest Inc accumulated 0.17% or 210,265 shares. Creative Planning has 0% invested in General American Investors Company, Inc. (NYSE:GAM) for 13,511 shares. Pennsylvania-based Brinker Cap Inc has invested 0.03% in General American Investors Company, Inc. (NYSE:GAM). Shaker Financial Services Lc reported 2.25% of its portfolio in General American Investors Company, Inc. (NYSE:GAM). Thomas J Herzfeld Advsr stated it has 186,400 shares.

Since December 14, 2017, it had 8 insider buys, and 9 selling transactions for $63,800 activity. $23,716 worth of stock was bought by Stark Eugene S on Friday, December 15. Shares for $197,991 were bought by DAVIDSON SPENCER on Friday, December 15. The insider TRUST FBO ALTSCHUL SERENA UAD 12 15 72 sold $577. The insider BERENS RODNEY B sold $144,716. 4,000 General American Investors Company, Inc. (NYSE:GAM) shares with value of $132,620 were bought by Priest Jeffrey W. TRUST F B O ALTSCHUL STEPHEN F U A D 10 22 58 bought $69,669 worth of stock.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. M Partners maintained the stock with “Buy” rating in Wednesday, February 21 report. Nomura reinitiated Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, September 28. Nomura has “Buy” rating and $950 target. On Friday, February 2 the stock rating was maintained by RBC Capital Markets with “Buy”. Piper Jaffray maintained the stock with “Overweight” rating in Tuesday, August 4 report. The firm has “Buy” rating given on Friday, August 25 by Needham. The company was maintained on Friday, April 29 by Citigroup. Evercore upgraded the shares of AMZN in report on Wednesday, August 26 to “Buy” rating. Canaccord Genuity maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Thursday, December 1. Canaccord Genuity has “Buy” rating and $875 target. Benchmark maintained the shares of AMZN in report on Friday, January 29 with “Buy” rating. As per Friday, September 11, the company rating was maintained by RBC Capital Markets.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Nasdaq.com which released: “The Amazonification of Walmart Continues” on May 20, 2018, also Seekingalpha.com with their article: “Alphabet: Has Google’s Growth Slowed?” published on May 21, 2018, Fool.com published: “Will Amazon Lose Almost Half of Its Prime Members? Don’t Bet on It” on May 20, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Amazon.com, Inc. (AMZN) Will Now Deliver to Your Car Trunk with Key In-Car” published on April 25, 2018 as well as Thestreet.com‘s news article titled: “Amazon’s Assault on Grocery Stores Will Have a Profound Impact on Many” with publication date: May 15, 2018.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It improved, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Blackhill Cap holds 0.02% or 80 shares in its portfolio. Brown Advisory Secs Limited Liability Co has invested 3.06% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Sustainable Growth Advisers LP reported 4.11% stake. Ashford Capital Mgmt has 1,517 shares for 0.28% of their portfolio. Chelsea Counsel Company reported 1.13% stake. Dynamic Cap Management Ltd accumulated 538 shares. Mader And Shannon Wealth Mgmt invested in 3,169 shares or 2.71% of the stock. Natl Bank Of Nova Scotia holds 0.56% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 105,373 shares. Round Table Serv holds 0.34% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 847 shares. Chesley Taft And Associate reported 1.22% in Amazon.com, Inc. (NASDAQ:AMZN). Wilbanks Smith & Thomas Asset Limited Liability holds 0.19% or 2,026 shares. Estabrook Capital Management owns 10 shares for 0% of their portfolio. Robeco Institutional Asset Mngmt Bv holds 1.03% or 170,200 shares in its portfolio. Cap Invsts reported 419,241 shares. Howe Rusling stated it has 5,601 shares.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.42 earnings per share, up 505.00% or $2.02 from last year’s $0.4 per share. AMZN’s profit will be $1.17B for 163.98 P/E if the $2.42 EPS becomes a reality. After $3.27 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -25.99% negative EPS growth.

Since December 7, 2017, it had 0 insider buys, and 15 selling transactions for $49.01 million activity. ALBERG TOM A sold $1.01 million worth of stock or 670 shares. Zapolsky David had sold 2,216 shares worth $3.24 million. STONESIFER PATRICIA Q also sold $2.17M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. The insider Jassy Andrew R sold $2.90M. $3.42 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Olsavsky Brian T. Blackburn Jeffrey M sold 12,666 shares worth $18.50M.

Brighton Jones Llc, which manages about $2.52B and $825.30M US Long portfolio, upped its stake in Unitedhealth Group Inc (NYSE:UNH) by 5,983 shares to 18,340 shares, valued at $4.04M in 2017Q4, according to the filing. It also increased its holding in Ubs Ag Jersey Brh E Tracs Lkd To Alerian (MLPI) by 348,509 shares in the quarter, for a total of 506,924 shares, and has risen its stake in Ishares Nasdaq Biotechnology Etf (IBB).

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

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