Jeffrey Blackburn an Insider in Amazon.com, Inc. (AMZN) Unloaded 12,666 Shares of the Company; Pitney Bowes Has 1.02 Sentiment

February 21, 2018 - By Martha Paddon

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement technology products and solutions in the United States and internationally. The company has market cap of $2.31 billion. The firm operates in three divisions: Small & Medium Business Solutions; Enterprise Business Solutions; and Digital Commerce Solutions. It has a 8.89 P/E ratio. The Small & Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment, software, and supplies.

It was disclosed in a report submitted to the Washington-based SEC that Jeffrey Blackburn, who works for Amazon Com Inc, and is currently the Senior Vice President made an insider deal on 15/02/2018. Jeffrey made a sale of 12,666 shares of the ‘s company at an average $1460.7 US Dollars of a share. As exposed in the legal document available for free here, the aggregate amount of the deal was $18,500,936 US Dollars. Because it was a huge one sell, it’s not likely to stay disregarded one. Jeffrey Blackburn right now owns 67,563 shares or 0.01% of the company’s market cap (total dollar market value of all company’s outstanding shares).

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 26. They expect $1.19 earnings per share, down 19.59% or $0.29 from last year’s $1.48 per share. AMZN’s profit will be $576.09M for 308.48 P/E if the $1.19 EPS becomes a reality. After $2.16 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91% negative EPS growth.

Among 53 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com has $1850.0 highest and $105 lowest target. $1348.51’s average target is -8.16% below currents $1468.35 stock price. Amazon.com had 273 analyst reports since July 21, 2015 according to SRatingsIntel. Benchmark maintained it with “Buy” rating and $735 target in Friday, January 29 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by Credit Suisse on Friday, April 29. The firm has “Buy” rating given on Friday, July 29 by UBS. As per Friday, September 29, the company rating was maintained by Loop Capital Markets. The stock has “Buy” rating by Macquarie Research on Tuesday, February 13. The firm has “Buy” rating by Wells Fargo given on Friday, October 27. The rating was maintained by Piper Jaffray with “Overweight” on Friday, October 23. The firm earned “Buy” rating on Friday, July 28 by Morgan Stanley. Axiom Capital maintained the stock with “Buy” rating in Tuesday, November 1 report. On Monday, February 5 the stock rating was maintained by Nomura with “Buy”.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company has market cap of $710.84 billion. The firm operates through three divisions: North America, International, and Amazon Web Services divisions. It has a 238.76 P/E ratio. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It is negative, as 73 investors sold Amazon.com, Inc. 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. Bowling Portfolio Limited has invested 0.59% in Amazon.com, Inc. (NASDAQ:AMZN). Benjamin F Edwards And Company Incorporated reported 0.4% stake. Willingdon Wealth accumulated 32 shares or 0.01% of the stock. Staley Capital Advisers invested 0.07% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). 512,536 are owned by State Of Wisconsin Invest Board. Arrowstreet Cap Lp invested in 916,927 shares or 2.36% of the stock. Associated Banc stated it has 1.19% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Marshall Wace Llp has 3.92% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 87,676 shares. Personal Cap Advisors reported 0.75% stake. Mitchell Capital Co reported 10,918 shares or 3.83% of all its holdings. Lmr Prns Llp stated it has 1,944 shares or 0.2% of all its holdings. Central Secs reported 13,000 shares. State Of New Jersey Common Pension Fund D reported 560,000 shares or 2.15% of all its holdings. Raab And Moskowitz Asset Management Ltd Liability Co owns 1,507 shares or 0.8% of their US portfolio. Moreover, Mitsubishi Ufj Ltd has 2.39% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 520 shares.

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.

Since December 7, 2017, it had 0 buys, and 1 sale for $3.25 million activity. WILKE JEFFREY A sold 2,800 shares worth $3.25M.

Lapides Asset Management Llc holds 4.41% of its portfolio in Pitney Bowes Inc. for 1.54 million shares. Sirios Capital Management L P owns 3.22 million shares or 2.36% of their US portfolio. Moreover, Breton Hill Capital Ltd. has 2.09% invested in the company for 808,496 shares. The New York-based Euclidean Technologies Management Llc has invested 1.99% in the stock. Berson & Corrado Investment Advisors Llc, a New York-based fund reported 246,134 shares.

Analysts await Pitney Bowes Inc. (NYSE:PBI) to report earnings on May, 1. They expect $0.29 earnings per share, down 19.44% or $0.07 from last year’s $0.36 per share. PBI’s profit will be $54.15M for 10.66 P/E if the $0.29 EPS becomes a reality. After $0.40 actual earnings per share reported by Pitney Bowes Inc. for the previous quarter, Wall Street now forecasts -27.50% negative EPS growth.

The stock increased 0.16% or $0.02 during the last trading session, reaching $12.36. About 1.37 million shares traded. Pitney Bowes Inc. (PBI) has declined 15.45% since February 21, 2017 and is downtrending. It has underperformed by 32.15% the S&P500.