Blume Capital Management Has Boosted Stake in Goldman Sachs…
Blume Capital Management Inc increased its stake in Goldman Sachs (GS) by 24.5% based on its latest 2018Q3 regulatory filing with the SEC. Blume Capital Management Inc bought 2,920 shares as the company’s stock declined 22.89% with the market. The institutional investor held 14,840 shares of the finance company at the end of 2018Q3, valued at $3.33M, up from 11,920 at the end of the previous reported quarter. Blume Capital Management Inc who had been investing in Goldman Sachs for a number of months, seems to be bullish on the $75.34 billion market cap company. The stock increased 1.73% or $3.45 during the last trading session, reaching $202.54. About 5.65M shares traded or 27.34% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has declined 28.05% since January 20, 2018 and is downtrending. It has underperformed by 28.05% the S&P500. Some Historical GS News: 07/05/2018 – LookingGlass Cyber Solutions Announces Acquisition of Goldman Sachs’ Threat Intelligence Platform; 07/05/2018 – GOLDMAN SACHS, DEUTSCHE BANK TO SEEK SUNEDISON SUIT DISMISSAL; 12/03/2018 – Goldman Puts David Solomon in Line to Be Next CEO — 3rd Update; 16/03/2018 – GOLDMAN SACHS REPORTS MEAN BONUS GAP FOR INTERNATIONAL UNIT OF 72.2 PCT; 24/04/2018 – Simply Good Foods Co/The at Goldman Sachs Conference May 8; 30/04/2018 – Goldman, Hedge Funds Get Drawn Into Noble Group’s Legal Battles; 12/03/2018 – The Beekman Group Announces Recapitalization of Air Medical Platform REVA in Partnership with Directional Aviation and Financing from Goldman Sachs; 11/04/2018 – AZORA ALTUS – GOLDMAN SACHS AND UBS LIMITED TO ACT AS JOINT GLOBAL COORDINATORS AND JOINT BOOKRUNNERS OF THE OFFERING; 14/05/2018 – Goldman Sachs projects that rising costs to fund the deficit will force the government to borrow more which will push up interest rates; 25/05/2018 – AmerisourceBergen Presenting at Goldman Sachs Conference Jun 12
Ashford Capital Management Inc decreased its stake in Amazon (AMZN) by 33.85% based on its latest 2018Q3 regulatory filing with the SEC. Ashford Capital Management Inc sold 551 shares as the company’s stock declined 15.37% with the market. The hedge fund held 1,077 shares of the consumer services company at the end of 2018Q3, valued at $2.16M, down from 1,628 at the end of the previous reported quarter. Ashford Capital Management Inc who had been investing in Amazon for a number of months, seems to be less bullish one the $829.39 billion market cap company. The stock increased 0.18% or $2.98 during the last trading session, reaching $1696.2. About 6.02 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 41.49% since January 20, 2018 and is uptrending. It has outperformed by 41.49% the S&P500. Some Historical AMZN News: 28/03/2018 – Tech Today: Trump vs Amazon, Facebook Bounces Back, Waymo Motors On — Barron’s Blog; 02/04/2018 – Dow drops more than 350 points, Amazon leads tech lower; 03/04/2018 – TRUMP SAYS U.S. POST OFFICE LOSING BILLIONS BECAUSE IT DELIVERS PACKAGES FOR AMAZON AT A VERY LOW RATE; 13/03/2018 – CAFC: PERSONALIZED MEDIA v. AMAZON.COM, INC. [RULE 36 JUDGMENT] – Appeal #16-2606 – 2018-03-13; 30/04/2018 – stuff.co.nz: Government set to propose ‘Amazon tax’; 18/04/2018 – Amazon is making it easier for international customers to order from abroad. Via @verge:; 14/05/2018 – Amazon Vows To Include Females, Minorities In Board Search — Barron’s Blog; 09/05/2018 – Amazon cloud chief Andy Jassy said on Wednesday it’s “super dangerous” for Seattle to consider taxing companies to offset the effects of gentrification and homelessness; 21/04/2018 – Amazon Redefines Big — Barron’s; 15/05/2018 – Ragan Communications hosts powerhouse lineup at Amazon headquarters
Since August 15, 2018, it had 0 insider buys, and 22 selling transactions for $92.11 million activity. 4,108 shares valued at $8.02 million were sold by Blackburn Jeffrey M on Wednesday, August 29. Another trade for 3,200 shares valued at $5.31 million was sold by BEZOS JEFFREY P. Shares for $3.66 million were sold by Zapolsky David. $3.96M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by WILKE JEFFREY A. 1,375 shares valued at $2.31M were sold by STONESIFER PATRICIA Q on Friday, November 2. $687,447 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Reynolds Shelley.
Investors sentiment decreased to 1.18 in 2018 Q3. Its down 0.16, from 1.34 in 2018Q2. It turned negative, as 55 investors sold AMZN shares while 636 reduced holdings. 157 funds opened positions while 655 raised stakes. 260.67 million shares or 2.89% less from 268.42 million shares in 2018Q2 were reported. Lourd Cap Lc invested in 0.28% or 2,159 shares. Cortland Assocs Inc Mo holds 0.38% or 1,227 shares. Plante Moran Financial Ltd Liability has invested 0.45% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). State Teachers Retirement Sys invested in 657,887 shares. Moreover, Torch Wealth Mgmt Ltd Liability Corp has 0.75% invested in Amazon.com, Inc. (NASDAQ:AMZN). Vanguard Grp Inc has invested 2.32% in Amazon.com, Inc. (NASDAQ:AMZN). 9,058 were accumulated by Hollencrest. Fincl Engines Advisors Limited Liability has 0% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 25 shares. Hardman Johnston Glob Advsrs Lc reported 10,805 shares stake. Marshall Wace Llp owns 42,924 shares. Lau Assoc Limited Liability Co holds 742 shares or 0.84% of its portfolio. Rnc Ltd Com holds 686 shares or 0.09% of its portfolio. Clearbridge Invs owns 1.67% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 969,886 shares. Clifford Swan Inv Counsel Limited Liability has invested 0.83% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). 697 were accumulated by Exane Derivatives.
Ashford Capital Management Inc, which manages about $593.71 million and $828.39M US Long portfolio, upped its stake in Spectrum Pharmaceuticals Inc. (NASDAQ:SPPI) by 111,942 shares to 537,644 shares, valued at $9.03M in 2018Q3, according to the filing. It also increased its holding in Invesco S&P Small Cap Low Volatility Etf by 6,138 shares in the quarter, for a total of 65,069 shares, and has risen its stake in Medidata Solutions Inc (NASDAQ:MDSO).
Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on February, 7. They expect $5.48 earnings per share, up 153.70% or $3.32 from last year’s $2.16 per share. AMZN’s profit will be $2.68B for 77.38 P/E if the $5.48 EPS becomes a reality. After $5.75 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -4.70% negative EPS growth.
Among 56 analysts covering Amazon.com (NASDAQ:AMZN), 53 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 330 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by J.P. Morgan on Monday, December 18. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, February 2 by Stifel Nicolaus. Loop Capital Markets maintained the shares of AMZN in report on Tuesday, November 27 with “Buy” rating. Loop Capital Markets initiated the stock with “Buy” rating in Tuesday, September 12 report. The firm earned “Buy” rating on Friday, February 2 by Jefferies. The firm has “Buy” rating given on Tuesday, January 23 by Loop Capital. As per Tuesday, December 1, the company rating was maintained by Barclays Capital. As per Friday, July 29, the company rating was maintained by Citigroup. The firm earned “Buy” rating on Friday, October 27 by Piper Jaffray. Credit Suisse maintained the stock with “Outperform” rating in Friday, February 2 report.
More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Fool.com which released: “5 Stunning Takeaways From Amazon’s Record-Breaking Holiday Season – The Motley Fool” on December 31, 2018, also Nasdaq.com with their article: “CES News Still Wonâ€™t Make Amazon Stock a Buy â€¦ Yet – Nasdaq” published on January 07, 2019, Nasdaq.com published: “Amazon (AMZN) Q4 Earnings Preview: Revenue, AWS, Advertising & Prime – Nasdaq” on January 17, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon’s Rational Capitalization Based On EBITDA – Seeking Alpha” published on December 24, 2018 as well as Seekingalpha.com‘s news article titled: “Amazon workers on strike in Spain – Seeking Alpha” with publication date: January 03, 2019.
Investors sentiment increased to 1.2 in Q3 2018. Its up 0.17, from 1.03 in 2018Q2. It increased, as 43 investors sold GS shares while 343 reduced holdings. 99 funds opened positions while 366 raised stakes. 252.31 million shares or 2.19% less from 257.97 million shares in 2018Q2 were reported. Eastern Bancorp holds 2,000 shares. Twin Tree Management LP stated it has 0.01% in The Goldman Sachs Group, Inc. (NYSE:GS). Fdx Advsr Incorporated accumulated 4,487 shares. 38,500 are held by Assets Inv Lc. Next Century Growth Invsts Ltd has 0.11% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 4,126 shares. Lombard Odier Asset Management (Switzerland) accumulated 2,971 shares or 0.07% of the stock. Boston Advsr has invested 0.03% in The Goldman Sachs Group, Inc. (NYSE:GS). Moreover, Chickasaw Cap Mngmt Llc has 0.04% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Sumitomo Life Insurance reported 0.27% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Valicenti Advisory Svcs Incorporated accumulated 14,091 shares. Obermeyer Wood Counsel Lllp has 3.35% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 176,973 shares. Evercore Wealth Lc holds 0.03% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 4,144 shares. Huntington Retail Bank reported 0.08% in The Goldman Sachs Group, Inc. (NYSE:GS). Deutsche Fincl Bank Ag holds 1.47M shares. New Mexico Educational Retirement Board invested in 0.27% or 31,339 shares.
Since July 18, 2018, it had 0 insider buys, and 1 sale for $2.61 million activity. The insider PALM GREGORY K sold $2.61M.
Blume Capital Management Inc, which manages about $302.15 million and $191.40M US Long portfolio, decreased its stake in Schlumberger (NYSE:SLB) by 12,350 shares to 98,608 shares, valued at $6.01 million in 2018Q3, according to the filing. It also reduced its holding in Glaxosmithkline Plc Adr (NYSE:GSK) by 47,980 shares in the quarter, leaving it with 113 shares, and cut its stake in General Electric (NYSE:GE).