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As Amazon Com (AMZN) Stock Price Rose, Chartist Cut Its Holding; As Truecar (TRUE) Shares Rose, Shareholder Jericho Capital Asset Management LP Has Increased Position

Josh Resnick increased its stake in Truecar Inc (TRUE) by 10.59% based on its latest 2017Q3 regulatory filing with the SEC. Jericho Capital Asset Management Lp bought 240,000 shares as the company’s stock rose 21.77% with the market. The hedge fund run by Josh Resnick held 2.51M shares of the technology company at the end of 2017Q3, valued at $39.56M, up from 2.27 million at the end of the previous reported quarter. Jericho Capital Asset Management Lp who had been investing in Truecar Inc for a number of months, seems to be bullish on the $1.11 billion market cap company. The stock decreased 5.38% or $0.63 during the last trading session, reaching $11.08. About 3.37 million shares traded or 91.00% up from the average. TrueCar, Inc. (NASDAQ:TRUE) has risen 161.73% since February 22, 2017 and is uptrending. It has outperformed by 145.03% the S&P500.

Chartist Inc decreased its stake in Amazon Com Inc (AMZN) by 0.48% based on its latest 2017Q3 regulatory filing with the SEC. Chartist Inc sold 2 shares as the company’s stock rose 13.58% with the market. The institutional investor held 418 shares of the consumer services company at the end of 2017Q3, valued at $401.84 million, down from 420 at the end of the previous reported quarter. Chartist Inc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $717.89 billion market cap company. The stock increased 0.99% or $14.57 during the last trading session, reaching $1482.92. About 6.30 million shares traded or 27.99% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 22, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Investors sentiment increased to 2.16 in Q3 2017. Its up 0.25, from 1.91 in 2017Q2. It increased, as 24 investors sold TRUE shares while 19 reduced holdings. 35 funds opened positions while 58 raised stakes. 82.38 million shares or 7.55% more from 76.60 million shares in 2017Q2 were reported. Goldman Sachs Group Incorporated invested 0% in TrueCar, Inc. (NASDAQ:TRUE). Nationwide Fund Advsrs invested in 0% or 37,373 shares. Moreover, Global X Mgmt Limited Company has 0% invested in TrueCar, Inc. (NASDAQ:TRUE). Ameriprise Fincl owns 272,757 shares for 0% of their portfolio. Laurion Mgmt Lp accumulated 14,000 shares. Park West Asset Ltd Liability has invested 1.02% in TrueCar, Inc. (NASDAQ:TRUE). Gsa Capital Prns Limited Liability Partnership has 0.02% invested in TrueCar, Inc. (NASDAQ:TRUE) for 18,616 shares. Morgan Stanley accumulated 2.77 million shares. Prelude Cap Ltd Company stated it has 0.26% of its portfolio in TrueCar, Inc. (NASDAQ:TRUE). Aqr Capital Lc invested in 0% or 101,623 shares. Hbk Invs Lp reported 0.01% stake. Macquarie Gru Limited has 1,600 shares for 0% of their portfolio. Group Inc Inc One Trading Limited Partnership holds 73,004 shares. Cubist Systematic Strategies Limited Liability Company invested 0.02% of its portfolio in TrueCar, Inc. (NASDAQ:TRUE). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake.

Among 14 analysts covering TrueCar (NASDAQ:TRUE), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. TrueCar had 39 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of TrueCar, Inc. (NASDAQ:TRUE) has “Mkt Perform” rating given on Friday, February 19 by JMP Securities. The stock of TrueCar, Inc. (NASDAQ:TRUE) has “Mkt Outperform” rating given on Monday, January 9 by JMP Securities. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, November 6. The firm has “Equal Weight” rating by Stephens given on Friday, July 24. The firm has “Neutral” rating by B. Riley & Co given on Tuesday, August 30. The stock of TrueCar, Inc. (NASDAQ:TRUE) has “Sector Perform” rating given on Friday, July 24 by RBC Capital Markets. The stock of TrueCar, Inc. (NASDAQ:TRUE) earned “Buy” rating by FBR Capital on Tuesday, November 7. The company was upgraded on Friday, November 4 by Craig Hallum. The stock of TrueCar, Inc. (NASDAQ:TRUE) earned “Underweight” rating by Morgan Stanley on Thursday, July 20. Goldman Sachs downgraded the shares of TRUE in report on Friday, July 24 to “Neutral” rating.

Since December 7, 2017, it had 0 buys, and 8 insider sales for $38.37 million activity. WILKE JEFFREY A also sold $2.91M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Friday, February 16. On Thursday, February 15 Blackburn Jeffrey M sold $18.50M worth of Amazon.com, Inc. (NASDAQ:AMZN) or 12,666 shares. Shares for $3.42 million were sold by Olsavsky Brian T. ALBERG TOM A also sold $3.35M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. On Thursday, February 15 the insider Jassy Andrew R sold $2.90M. 544 shares were sold by Reynolds Shelley, worth $795,502.

Among 53 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 274 analyst reports since July 21, 2015 according to SRatingsIntel. SunTrust maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, January 12 with “Buy” rating. The company was maintained on Thursday, June 16 by KeyBanc Capital Markets. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Citigroup on Friday, July 29. The firm has “Buy” rating given on Friday, September 23 by Mizuho. Loop Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Monday, October 16. Loop Capital Markets has “Buy” rating and $1200.0 target. As per Monday, July 10, the company rating was maintained by Credit Suisse. J.P. Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, January 10. J.P. Morgan has “Buy” rating and $1385.0 target. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Canaccord Genuity on Monday, October 23. The firm earned “Hold” rating on Friday, August 25 by Raymond James. The company was maintained on Monday, August 7 by Tigress Financial.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It dropped, 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. Wedge Capital Mngmt L Limited Partnership Nc holds 0% or 279 shares. First Amer National Bank & Trust has 8,690 shares for 0.64% of their portfolio. National Insurance Tx accumulated 18,515 shares. Alphamark Advsr Limited Co accumulated 0.02% or 60 shares. Origin Asset Llp holds 1.91% or 32,369 shares in its portfolio. Beach Inv Counsel Incorporated Pa owns 17,899 shares. Cetera Advisor Networks Limited Co owns 10,837 shares for 0.47% of their portfolio. Trustmark Bancorp Tru Department owns 489 shares or 0.05% of their US portfolio. Fiera Corp reported 0.17% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Zwj Investment Counsel Inc invested in 1,674 shares. Dodge & Cox holds 0% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 830 shares. Cypress Mgmt Limited Liability Company has 0.07% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 345 shares. Alpine Global Mngmt Lc reported 0.95% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Ssi Mgmt owns 1,001 shares for 0.08% of their portfolio. Horizon Kinetics Lc stated it has 406 shares or 0.01% of all its holdings.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 26. They expect $1.19 EPS, down 19.59% or $0.29 from last year’s $1.48 per share. AMZN’s profit will be $576.09M for 311.54 P/E if the $1.19 EPS becomes a reality. After $2.16 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91% negative EPS growth.

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