Mai Wealth Advisors Increased Holding in Amazon.Com (AMZN); Timber Hill Increases Holding in Netease (NTES)

February 21, 2018 - By Vivian Park

Timber Hill Llc increased its stake in Netease Inc (NTES) by 188.89% based on its latest 2017Q3 regulatory filing with the SEC. Timber Hill Llc bought 1,326 shares as the company’s stock declined 3.53% while stock markets rallied. The institutional investor held 2,028 shares of the miscellaneous company at the end of 2017Q3, valued at $535,000, up from 702 at the end of the previous reported quarter. Timber Hill Llc who had been investing in Netease Inc for a number of months, seems to be bullish on the $40.79 billion market cap company. The stock increased 1.09% or $3.35 during the last trading session, reaching $310.79. About 1.10M shares traded. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since February 21, 2017 and is uptrending. It has outperformed by 61.15% the S&P500.

Mai Wealth Advisors increased its stake in Amazon.Com (AMZN) by 17.65% based on its latest 2017Q3 regulatory filing with the SEC. Mai Wealth Advisors bought 850 shares as the company’s stock rose 13.58% with the market. The hedge fund held 5,666 shares of the consumer services company at the end of 2017Q3, valued at $5.45M, up from 4,816 at the end of the previous reported quarter. Mai Wealth Advisors who had been investing in Amazon.Com for a number of months, seems to be bullish on the $710.84B market cap company. The stock increased 1.36% or $19.66 during the last trading session, reaching $1468.35. About 6.50 million shares traded or 33.64% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 21, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Timber Hill Llc, which manages about $1.07B US Long portfolio, decreased its stake in Sponsored Adr (Call) by 22,600 shares to 28,100 shares, valued at $3.71M in 2017Q3, according to the filing. It also reduced its holding in Quest Diagnostics Inc (Call) by 15,800 shares in the quarter, leaving it with 13,200 shares, and cut its stake in B (Call).

Among 19 analysts covering NetEase (NASDAQ:NTES), 12 have Buy rating, 4 Sell and 3 Hold. Therefore 63% are positive. NetEase had 42 analyst reports since August 12, 2015 according to SRatingsIntel. CLSA downgraded NetEase, Inc. (NASDAQ:NTES) on Thursday, November 16 to “Sell” rating. The stock has “Neutral” rating by Credit Suisse on Friday, August 19. The firm has “Buy” rating given on Tuesday, August 22 by Jefferies. The company was upgraded on Wednesday, August 26 by Standpoint Research. Jefferies upgraded the shares of NTES in report on Monday, November 28 to “Buy” rating. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Buy” rating by Standpoint Research on Monday, January 9. The firm has “Buy” rating given on Friday, November 17 by Nomura. Goldman Sachs initiated NetEase, Inc. (NASDAQ:NTES) rating on Wednesday, November 25. Goldman Sachs has “Buy” rating and $190 target. The rating was initiated by Brean Capital with “Buy” on Monday, July 18. The firm has “Hold” rating by Standpoint Research given on Friday, October 16.

Among 53 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 273 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Market Outperform” rating given on Friday, October 23 by JMP Securities. The stock has “Buy” rating by Robert W. Baird on Tuesday, August 29. RBC Capital Markets maintained it with “Outperform” rating and $950 target in Friday, October 28 report. On Friday, July 24 the stock rating was maintained by UBS with “Buy”. As per Friday, October 23, the company rating was maintained by RBC Capital Markets. Canaccord Genuity maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, October 23 with “Hold” rating. The firm has “Market Outperform” rating given on Friday, July 29 by JMP Securities. J.P. Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) on Monday, December 18 with “Buy” rating. Canaccord Genuity maintained the shares of AMZN in report on Monday, October 23 with “Buy” rating. The rating was maintained by Aegis Capital on Friday, October 27 with “Buy”.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It turned negative, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Nomura Asset Mngmt Limited holds 1.58% or 127,535 shares. Laurion Cap Mngmt Limited Partnership invested in 500 shares. Guardian Life Of America holds 906 shares. Dekabank Deutsche Girozentrale stated it has 157,993 shares. Moreover, Acg Wealth has 1.47% invested in Amazon.com, Inc. (NASDAQ:AMZN). Ironwood Financial Limited Com owns 59 shares or 0.04% of their US portfolio. 19,325 are owned by Maryland Cap. Redmond Asset Lc reported 1,604 shares. State Teachers Retirement System reported 1.64% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Lombard Odier Asset (Usa) holds 20,000 shares. Ims Capital Mngmt reported 1,579 shares. Moreover, Friess Assoc Limited Liability Company has 1.73% invested in Amazon.com, Inc. (NASDAQ:AMZN). Ifc Inc Fl has invested 0.17% in Amazon.com, Inc. (NASDAQ:AMZN). The California-based Weatherly Asset Mgmt Lp has invested 3.82% in Amazon.com, Inc. (NASDAQ:AMZN). Golub Gru Limited Liability Co owns 255 shares.

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