Pinnacle Associates LTD Upped By $502,670 Its Amazon Com (AMZN) Position; GABRIEL RESOURCES LTD ORDINARY SHARES (GBRRF) Shorts Lowered By 8.73%

May 25, 2018 - By Dolores Ford

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

Pinnacle Associates Ltd increased Amazon Com Inc (AMZN) stake by 6.3% reported in 2017Q4 SEC filing. Pinnacle Associates Ltd acquired 430 shares as Amazon Com Inc (AMZN)’s stock rose 28.13%. The Pinnacle Associates Ltd holds 7,254 shares with $8.48M value, up from 6,824 last quarter. Amazon Com Inc now has $780.56B valuation. The stock increased 0.35% or $5.5801 during the last trading session, reaching $1608.65. About 2.27M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 25, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

GABRIEL RESOURCES LTD ORDINARY SHARES (OTCMKTS:GBRRF) had a decrease of 8.73% in short interest. GBRRF’s SI was 20,900 shares in May as released by FINRA. Its down 8.73% from 22,900 shares previously. With 6,800 avg volume, 3 days are for GABRIEL RESOURCES LTD ORDINARY SHARES (OTCMKTS:GBRRF)’s short sellers to cover GBRRF’s short positions. The SI to GABRIEL RESOURCES LTD ORDINARY SHARES’s float is 0.01%. The stock decreased 5.11% or $0.0123 during the last trading session, reaching $0.2283. About 2,000 shares traded. Gabriel Resources Ltd. (OTCMKTS:GBRRF) has 0.00% since May 25, 2017 and is . It has underperformed by 11.55% the S&P500.

Gabriel Resources Ltd., through its subsidiary, Rosia Montana Gold Corporation S.A., engages in the exploration and development of precious metal mineral properties in Romania. The company has market cap of $87.85 million. The firm primarily holds interest in the Rosia Montana gold and silver project covering an area of approximately 2,388 hectares located in west central Romania. It currently has negative earnings. The firm was formerly known as Starx Resource Corp. and changed its name to Gabriel Resources Ltd. in April 1997.

Pinnacle Associates Ltd decreased Raymond James Financial Inc (NYSE:RJF) stake by 44,359 shares to 572,932 valued at $51.16 million in 2017Q4. It also reduced Home Depot Inc (NYSE:HD) stake by 3,490 shares and now owns 128,948 shares. Progenics Pharmaceuticals In (NASDAQ:PGNX) was reduced too.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. Aegis Capital initiated Amazon.com, Inc. (NASDAQ:AMZN) on Friday, January 20 with “Buy” rating. The firm earned “Buy” rating on Friday, July 28 by Morgan Stanley. The rating was maintained by KeyBanc Capital Markets on Sunday, July 23 with “Hold”. The company was maintained on Thursday, June 15 by KeyBanc Capital Markets. The rating was maintained by Aegis Capital on Friday, October 27 with “Buy”. Citigroup maintained the shares of AMZN in report on Friday, July 24 with “Buy” rating. The firm has “Buy” rating given on Friday, October 23 by Benchmark. On Wednesday, May 31 the stock rating was maintained by J.P. Morgan with “Buy”. The rating was maintained by UBS with “Buy” on Friday, April 27. The firm has “Buy” rating by Robert W. Baird given on Friday, April 27.

Since December 7, 2017, it had 0 insider purchases, and 21 insider sales for $64.49 million activity. Zapolsky David sold $3.24M worth of stock or 2,216 shares. 2,333 shares valued at $3.42 million were sold by Olsavsky Brian T on Thursday, February 15. Shares for $795,502 were sold by Reynolds Shelley. $3.35M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by ALBERG TOM A. 500 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $788,924 were sold by WILKE JEFFREY A. The insider Blackburn Jeffrey M sold 2,054 shares worth $3.23M. STONESIFER PATRICIA Q had sold 1,375 shares worth $2.17M on Wednesday, May 2.

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

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