Cypress Asset Management Maintains Holding in Amazon Com (AMZN); Community Trust & Investment Co Increased Its Holding in Facebook (FB) by $309,732 as Shares Declined

June 14, 2018 - By Dolores Ford

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

Cypress Asset Management Inc increased its stake in Amazon Com Inc (AMZN) by 43.4% based on its latest 2018Q1 regulatory filing with the SEC. Cypress Asset Management Inc bought 625 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 2,065 shares of the consumer services company at the end of 2018Q1, valued at $2.99 million, up from 1,440 at the end of the previous reported quarter. Cypress Asset Management Inc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $836.46B market cap company. The stock increased 1.11% or $19 during the last trading session, reaching $1723.86. About 2.92 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 14, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 15/05/2018 – SOROS FUND MANAGEMENT – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 22/03/2018 – Whole Foods Is Losing Executives Under New Owner Amazon; 03/05/2018 – JetTrack Uncovers Amazon-Whole Foods Meetings Before $13.7B Deal; 16/04/2018 – Fnac Darty strengthens ties with Google in bid to tackle Amazon; 26/04/2018 – Munster on $AMZN: AWS acceleration to 49% y/y revenue growth from 45% in Dec-17 and 43% in Sep-17 is testimony to a winning offering in a fast growth market. More good times for AWS ahead; 02/04/2018 – The Nasdaq composite entered correction territory as Amazon led the way lower for tech; 17/05/2018 – AMZN: Amazon showing signs it may plunge into Israeli retail market; 20/03/2018 – Yahoo! UK: Exclusive – On Amazon, a quarter of merchants’ sales are cross-border; 22/05/2018 – Amazon Pushes Facial Recognition to Police, Prompting Outcry Over Surveillance; 05/03/2018 – Bloomberg Asia: Amazon is planning to expand Whole Foods delivery to San Francisco

Community Trust & Investment Co increased its stake in Facebook Inc (FB) by 1.4% based on its latest 2018Q1 regulatory filing with the SEC. Community Trust & Investment Co bought 1,948 shares as the company’s stock declined 0.01% with the market. The institutional investor held 141,234 shares of the technology company at the end of 2018Q1, valued at $22.57 million, up from 139,286 at the end of the previous reported quarter. Community Trust & Investment Co who had been investing in Facebook Inc for a number of months, seems to be bullish on the $569.69B market cap company. The stock increased 2.29% or $4.4 during the last trading session, reaching $196.81. About 16.42M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since June 14, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 23/05/2018 – Facebook’s Mark Zuckerberg Gets an Earful From the E.U; 16/05/2018 – U.S. SENATE VOTES 52-47 TO ADVANCE BILL TO RETAIN 2015 NET NEUTRALITY RULES; 22/05/2018 – FACEBOOK WILL GO FURTHER TO COMPLY WITH GDPR RULES-ZUCKERBERG; 02/05/2018 – Cambridge Analytica Closing Operations Following Facebook Data Controversy — 3rd Update; 17/05/2018 – Leading names include Facebook, Alphabet, Microsoft, Amazon and Time Warner. Apple this year fell from eighth to 18th on the list; 11/05/2018 – FB: Facebook looking at “creating its own digital token,” @alexeheath reports over on @cheddar – ! $FB; 25/04/2018 – Facebook: Increase Is In Addition to Previous $6B Authorized for Repurchases; 08/03/2018 – Social Solutions Global (SSG) Partners with National Human Services Assembly to Expand Access to SSG’s Products, Solutions and Insights; 04/04/2018 – InsideSources: Senate Minority Leader Zuck Schumer (D-Facebook); 19/03/2018 – Local Tech Wire: CNN exclusive: Scientist at center of Facebook-Cambridge Analytica controversy speaks

Since December 19, 2017, it had 0 insider purchases, and 65 insider sales for $2.97 billion activity. The insider Sandberg Sheryl sold 55,000 shares worth $10.07 million. Stretch Colin sold $136,875 worth of Facebook, Inc. (NASDAQ:FB) on Wednesday, May 23. $231.84M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Koum Jan. The insider Schroepfer Michael Todd sold $6.94M. 17,830 shares were sold by FISCHER DAVID B., worth $3.29M. $880,309 worth of Facebook, Inc. (NASDAQ:FB) was sold by Wehner David M. on Monday, May 21.

Community Trust & Investment Co, which manages about $827.01 million US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 11,179 shares to 70,972 shares, valued at $23.27M in 2018Q1, according to the filing. It also reduced its holding in Hca Healthcare Inc (NYSE:HCA) by 54,437 shares in the quarter, leaving it with 141,603 shares, and cut its stake in Bank Of America Corp (NYSE:BAC).

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Livetradingnews.com which released: “How Expensive is Facebook, Inc. (NASDAQ:FB) Stock” on June 13, 2018, also Nasdaq.com with their article: “Facebook Inc (FB) Adds User Reviews for Ads to Identify Bad Businesses” published on June 13, 2018, Finance.Yahoo.com published: “Facebook, Inc. (NASDAQ:FB) In Trouble For Sharing Data With Chinese Company” on June 07, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Best Tech Stock: Facebook Vs. Microsoft” published on June 12, 2018 as well as Nasdaq.com‘s news article titled: “Headline Fears in Facebook Inc Are Long Entry Opportunities” with publication date: June 04, 2018.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.34, from 1.21 in 2017Q4. It fall, as 145 investors sold FB shares while 712 reduced holdings. 173 funds opened positions while 573 raised stakes. 1.65 billion shares or 2.41% more from 1.61 billion shares in 2017Q4 were reported. Moreover, Towercrest Mngmt has 0.58% invested in Facebook, Inc. (NASDAQ:FB) for 5,286 shares. Advsr Capital Mngmt Ltd Liability Corp, New Jersey-based fund reported 2,073 shares. Pioneer Tru Bankshares N A Or has invested 0.92% in Facebook, Inc. (NASDAQ:FB). Secor Advsr LP owns 0.52% invested in Facebook, Inc. (NASDAQ:FB) for 39,789 shares. Grisanti Capital Mngmt Ltd holds 4.02% or 54,908 shares. Quantitative Systematic Strategies Ltd Liability has 6,638 shares for 0.23% of their portfolio. Moreover, Aqr Management Ltd Llc has 1.37% invested in Facebook, Inc. (NASDAQ:FB) for 7.94 million shares. Willis Inv Counsel has 24,065 shares for 0.3% of their portfolio. Price T Rowe Md holds 76.42 million shares. 13,238 are held by M. Crystal Rock Management reported 8.09% of its portfolio in Facebook, Inc. (NASDAQ:FB). Moreover, Howard Cap Management has 3.03% invested in Facebook, Inc. (NASDAQ:FB) for 130,151 shares. Nuveen Asset Mgmt Ltd Llc reported 482,648 shares stake. One Trading LP holds 69,111 shares. Ativo Cap Mgmt Ltd, Illinois-based fund reported 14,615 shares.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 273 analyst reports since July 21, 2015 according to SRatingsIntel. Canaccord Genuity maintained the stock with “Buy” rating in Monday, March 26 report. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Sunday, April 8 by Jefferies. The stock has “Hold” rating by BMO Capital Markets on Monday, September 11. On Wednesday, June 6 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Hold” rating by Pivotal Research given on Tuesday, July 11. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, March 22 by Cowen & Co. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Friday, April 27 by Argus Research. The firm has “Buy” rating given on Wednesday, October 11 by Piper Jaffray. The stock has “Buy” rating by Bank of America on Monday, August 10. As per Tuesday, August 18, the company rating was maintained by Piper Jaffray.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Microsoft takes aim at Amazon Go” on June 14, 2018, also Nasdaq.com with their article: “It’s Fun and Games for Dave & Buster’s Entertainment Inc” published on June 13, 2018, Nasdaq.com published: “Microsoft Corporation and Cloud Kings Become Chip Giants” on June 13, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Fool.com and their article: “How Much Does Amazon Spend on R&D? Less Than You Think.” published on June 13, 2018 as well as 247Wallst.com‘s news article titled: “6 Most Important Things In Business Today” with publication date: June 14, 2018.

Since February 15, 2018, it had 0 insider purchases, and 21 selling transactions for $63.19 million activity. Zapolsky David also sold $3.24 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. $3.22M worth of stock was sold by Olsavsky Brian T on Tuesday, May 15. The insider ALBERG TOM A sold $1.01 million. $387,475 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by WILKE JEFFREY A on Thursday, March 8. Shares for $2.90 million were sold by Jassy Andrew R. On Thursday, February 15 Blackburn Jeffrey M sold $18.50M worth of Amazon.com, Inc. (NASDAQ:AMZN) or 12,666 shares.

Cypress Asset Management Inc, which manages about $341.47 million US Long portfolio, decreased its stake in Mondelez Intl Inc (NASDAQ:MDLZ) by 11,500 shares to 36,931 shares, valued at $1.54M in 2018Q1, according to the filing. It also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 23,425 shares in the quarter, leaving it with 69,188 shares, and cut its stake in Union Pac Corp (NYSE:UNP).

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It worsened, 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. Northwestern Mutual Wealth Mngmt has 51,048 shares. Rbf Ltd Co reported 1,000 shares stake. Daiwa Securities Gru has invested 0.23% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Tiverton Asset Ltd Liability Corp holds 3.45% in Amazon.com, Inc. (NASDAQ:AMZN) or 34,306 shares. 3,302 were reported by Apriem Advisors. Germany-based Flossbach Von Storch Ag has invested 0.6% in Amazon.com, Inc. (NASDAQ:AMZN). 5,222 were reported by Eagleclaw Capital Managment Lc. Letko Brosseau & Assoc holds 0% or 325 shares in its portfolio. Allsquare Wealth Lc invested in 0.3% or 263 shares. Tctc Liability Corp has invested 0.41% in Amazon.com, Inc. (NASDAQ:AMZN). Willow Creek Wealth Mgmt stated it has 0.23% in Amazon.com, Inc. (NASDAQ:AMZN). Sector Pension Board invested in 1.19% or 117,874 shares. Moreover, Provise Management Grp Ltd has 1.43% invested in Amazon.com, Inc. (NASDAQ:AMZN). Bluestein R H And Co has 4.89% invested in Amazon.com, Inc. (NASDAQ:AMZN). Capital Va accumulated 0.14% or 348 shares.

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By1 Dolores Ford

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