Country Trust Bank Lifted Its Amazon.Com Common (AMZN) Holding by $1.69 Million; Market Value Rose; As Applied Matls Com (AMAT) Stock Price Rose, Churchill Management Has Increased Position

April 25, 2018 - By Richard Conner

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

Churchill Management Corp increased its stake in Applied Matls Inc Com (AMAT) by 23.54% based on its latest 2017Q4 regulatory filing with the SEC. Churchill Management Corp bought 7,308 shares as the company’s stock rose 6.49% while stock markets declined. The institutional investor held 38,355 shares of the technology company at the end of 2017Q4, valued at $1.96M, up from 31,047 at the end of the previous reported quarter. Churchill Management Corp who had been investing in Applied Matls Inc Com for a number of months, seems to be bullish on the $51.73 billion market cap company. The stock increased 1.05% or $0.51 during the last trading session, reaching $49.23. About 9.20 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 42.67% since April 25, 2017 and is uptrending. It has outperformed by 31.12% the S&P500.

Country Trust Bank increased its stake in Amazon.Com Inc. Common (AMZN) by 6.14% based on its latest 2017Q4 regulatory filing with the SEC. Country Trust Bank bought 1,447 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 25,014 shares of the consumer services company at the end of 2017Q4, valued at $29.25M, up from 23,567 at the end of the previous reported quarter. Country Trust Bank who had been investing in Amazon.Com Inc. Common for a number of months, seems to be bullish on the $706.10B market cap company. The stock decreased 0.28% or $4.11 during the last trading session, reaching $1455.98. About 4.83M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 25, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Churchill Management Corp, which manages about $3.45 billion and $4.56B US Long portfolio, decreased its stake in Waste Mgmt Inc Del Com (NYSE:WM) by 4,795 shares to 255,045 shares, valued at $22.01M in 2017Q4, according to the filing. It also reduced its holding in Principal Finl Group Inc Com (NYSE:PFG) by 5,754 shares in the quarter, leaving it with 334,778 shares, and cut its stake in Valero Energy Corp New Com (NYSE:VLO).

Since December 29, 2017, it had 0 insider purchases, and 4 sales for $10.41 million activity. The insider Salehpour Ali sold 125,125 shares worth $6.44M. Iannotti Thomas J sold $922,050 worth of stock. Shares for $214,680 were sold by Forrest Stephen R on Wednesday, January 3.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 27 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. had 120 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Sector Perform” rating and $26 target in Friday, June 10 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Thursday, June 2 by Goldman Sachs. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Overweight” rating by KeyBanc Capital Markets on Friday, August 18. RBC Capital Markets maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $4600 target. Credit Suisse maintained the stock with “Outperform” rating in Friday, August 18 report. Nomura maintained it with “Buy” rating and $50 target in Friday, August 18 report. The stock has “Outperform” rating by Credit Suisse on Tuesday, August 9. Nomura maintained the shares of AMAT in report on Friday, September 29 with “Buy” rating. RBC Capital Markets maintained the shares of AMAT in report on Friday, August 19 with “Sector Perform” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Outperform” rating given on Thursday, February 15 by Credit Suisse.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.20, from 1.06 in 2017Q3. It is negative, as 52 investors sold AMAT shares while 367 reduced holdings. 113 funds opened positions while 249 raised stakes. 797.20 million shares or 1.72% less from 811.15 million shares in 2017Q3 were reported. Winfield Assocs Inc holds 0.39% or 14,958 shares in its portfolio. Moreover, Verition Fund Management Lc has 0.16% invested in Applied Materials, Inc. (NASDAQ:AMAT). Morgan Stanley holds 0.06% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 4.49 million shares. Grantham Mayo Van Otterloo And reported 0.17% in Applied Materials, Inc. (NASDAQ:AMAT). Strategic Glob Advsr Limited Company has 0.44% invested in Applied Materials, Inc. (NASDAQ:AMAT). Neuberger Berman Ltd reported 191,090 shares stake. Moreover, Royal Bancorporation Of Canada has 0.06% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 2.87 million shares. Prudential Public Ltd Liability Co owns 34,346 shares. Private Advisor Grp Ltd Llc reported 25,025 shares. Stifel, Missouri-based fund reported 526,263 shares. First Trust Advsrs Ltd Partnership has invested 0.29% in Applied Materials, Inc. (NASDAQ:AMAT). Texas-based Patriot Wealth Management has invested 1.06% in Applied Materials, Inc. (NASDAQ:AMAT). Ameriprise Fin Incorporated invested 0.4% in Applied Materials, Inc. (NASDAQ:AMAT). Bb&T holds 0.01% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 14,438 shares. Zacks Invest Mngmt reported 95,026 shares.

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. Legal General Gru Public Limited Liability accumulated 1.80 million shares or 1.52% of the stock. Vision reported 9,929 shares stake. Everence holds 2.26% or 8,814 shares in its portfolio. Goelzer Invest has 378 shares. Norris Perne And French Llp Mi invested in 0.95% or 5,613 shares. Lodestar Investment Counsel Ltd Liability Company Il invested in 569 shares or 0.08% of the stock. Johnson Financial Grp Inc Incorporated holds 0.95% or 6,645 shares in its portfolio. Symphony Asset Management Ltd Limited Liability Company holds 10,268 shares. Alphaone Serv Limited Liability Co holds 0.06% in Amazon.com, Inc. (NASDAQ:AMZN) or 168 shares. Mitchell Mcleod Pugh Williams holds 1,439 shares or 1.16% of its portfolio. Private Wealth Prns Lc invested in 4.15% or 19,199 shares. Canada Pension Plan Inv Board holds 173,130 shares or 0.38% of its portfolio. Lansdowne Prns (Uk) Llp holds 8.14% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 756,413 shares. 4,714 are owned by Essex Fincl Ser. Kentucky Retirement Sys stated it has 2.05% in Amazon.com, Inc. (NASDAQ:AMZN).

Since December 7, 2017, it had 0 insider buys, and 13 selling transactions for $45.88 million activity. Zapolsky David sold $3.24M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. On Thursday, February 15 Jassy Andrew R sold $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,985 shares. 670 shares were sold by ALBERG TOM A, worth $1.01 million. Blackburn Jeffrey M sold $18.50M worth of stock or 12,666 shares. 2,333 shares valued at $3.42M were sold by Olsavsky Brian T on Thursday, February 15. Another trade for 544 shares valued at $795,502 was made by Reynolds Shelley on Thursday, February 15.

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

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