Amazon Com (AMZN) Holder Bellecapital International LTD Has Trimmed Stake as Shares Rose …

2U, Inc. (NASDAQ:TWOU) has declined 17.62% since March 8, 2018 and is downtrending. It has underperformed by 21.99% the S&P500.

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

Avalon Global Asset Management Llc increased its stake in 2U Inc (TWOU) by 29.47% based on its latest 2018Q4 regulatory filing with the SEC. Avalon Global Asset Management Llc bought 22,100 shares as the company’s stock rose 22.47% with the market. The hedge fund held 97,100 shares of the technology company at the end of 2018Q4, valued at $4.83 million, up from 75,000 at the end of the previous reported quarter. Avalon Global Asset Management Llc who had been investing in 2U Inc for a number of months, seems to be bullish on the $3.92B market cap company. The stock decreased 0.40% or $0.27 during the last trading session, reaching $67.48. About 345,146 shares traded. 2U, Inc. (NASDAQ:TWOU) has declined 17.62% since March 8, 2018 and is downtrending. It has underperformed by 21.99% the S&P500. Some Historical TWOU News: 26/04/2018 – Baylor University and 2U, Inc. Partner for the First Time on Three Online Graduate Programs; 30/04/2018 – Fidelity Magellan Adds 2U, Exits CVS, Cuts Walmart; 09/05/2018 – John Ellis Joins 2U, Inc. as SVP, Corporate Controller and Chief Acctg Officer; 03/05/2018 – 2U 1Q Rev $92.3M; 03/05/2018 – 2U RAISES YEAR REV. GROWTH GUIDANCE TO 42%; 03/05/2018 – 2U INC TWOU.O – SEES NET LOSS PER SHARE, BASIC AND DILUTED NET LOSS PER SHARE $0.87 – $0.84 FOR FY 2018; 03/05/2018 – 2U INC TWOU.O – SEES FY 2018 REVENUE $406.6 MLN- $410.6 MLN; 02/04/2018 – Pepperdine Law’s Straus Institute for Dispute Resolution Will Offer its Number-One Ranked Master of Dispute Resolution in New, Innovative Online Format; 03/05/2018 – 2U INC SEES FY 2018 NET LOSS PER SHARE $0.87 – $0.84; 11/04/2018 – 2U: Andrew Hermalyn Will Become Pres of 2UGrad

Bellecapital International Ltd decreased its stake in Amazon Com Inc (AMZN) by 7.8% based on its latest 2018Q4 regulatory filing with the SEC. Bellecapital International Ltd sold 322 shares as the company’s stock rose 1.10% with the market. The institutional investor held 3,805 shares of the consumer services company at the end of 2018Q4, valued at $5.72 million, down from 4,127 at the end of the previous reported quarter. Bellecapital International Ltd who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $796.14B market cap company. The stock decreased 0.32% or $5.15 during the last trading session, reaching $1620.8. About 4.49M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 13.57% since March 8, 2018 and is uptrending. It has outperformed by 9.20% the S&P500. Some Historical AMZN News: 27/03/2018 – Coupe Says Sainsbury Service Is Faster Than Amazon (Video); 19/04/2018 – Jeff Bezos is ‘particularly proud’ of this Amazon employee benefit; 05/04/2018 – Cramer talks Spotify, the ‘anti-IPO’ joining the ranks of Netflix and Amazon; 02/05/2018 – Aol, which is under the Oath group, already uses Amazon Web Services; 26/04/2018 – Amazon Raises Annual Price of Prime Service by 20%; 05/03/2018 – Amazon Is Said to Expand Whole Foods Delivery to San Francisco; 08/03/2018 – Is this the future of Amazon? ����; 28/03/2018 – Amazon drops 3% on report Trump wants to ‘go after’ company’s tax treatment; 03/04/2018 – Amazon’s contract with the Postal Service runs out in October and could be a short-term win for Trump; 16/05/2018 – Amazon has visited all 20 finalists for its new headquarters, report says

Investors sentiment increased to 1.55 in Q4 2018. Its up 0.37, from 1.18 in 2018Q3. It increased, as 93 investors sold AMZN shares while 536 reduced holdings. 184 funds opened positions while 793 raised stakes. 371.97 million shares or 42.70% more from 260.67 million shares in 2018Q3 were reported. Beddow Inc, a California-based fund reported 273 shares. Berkshire Asset Pa reported 0.22% stake. National Bank Of Nova Scotia, Ontario – Canada-based fund reported 355 shares. Ftb Advisors Inc stated it has 0.37% in Amazon.com, Inc. (NASDAQ:AMZN). The Florida-based Raymond James Svcs Advsrs has invested 1.18% in Amazon.com, Inc. (NASDAQ:AMZN). Capital Invest Advsr Limited Liability Company owns 0.58% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 5,796 shares. Waverton Invest Mgmt reported 78,580 shares. Roberts Glore And Il reported 842 shares. Kings Point Cap Mngmt has 6,702 shares. Goodwin Daniel L accumulated 305 shares or 0.24% of the stock. Trustees Of Dartmouth College holds 0.04% or 15 shares. Moreover, Capital Advisors Ok has 1.47% invested in Amazon.com, Inc. (NASDAQ:AMZN). Plante Moran Fincl Advsrs Limited Liability owns 1,204 shares or 0.63% of their US portfolio. Eagle Capital Mngmt Limited Liability Com invested 3.81% in Amazon.com, Inc. (NASDAQ:AMZN). Abner Herrman & Brock Lc invested in 2,375 shares or 0.65% of the stock.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 25. They expect $4.67 EPS, up 42.81% or $1.40 from last year’s $3.27 per share. AMZN’s profit will be $2.29B for 86.77 P/E if the $4.67 EPS becomes a reality. After $6.04 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -22.68% negative EPS growth.

Since September 6, 2018, it had 0 insider buys, and 11 selling transactions for $54.26 million activity. Reynolds Shelley also sold $687,447 worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, November 15. Another trade for 16,964 shares valued at $27.69M was made by BEZOS JEFFREY P on Monday, October 29. 1,726 shares valued at $2.70M were sold by Jassy Andrew R on Thursday, November 15. The insider WILKE JEFFREY A sold 2,000 shares worth $3.96 million. Olsavsky Brian T had sold 2,030 shares worth $3.21 million on Thursday, November 15. Another trade for 181 shares valued at $285,960 was sold by Huttenlocher Daniel P.

Bellecapital International Ltd, which manages about $508.69M and $140.30M US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 18,805 shares to 49,159 shares, valued at $6.74M in 2018Q4, according to the filing. It also increased its holding in Yy Inc (NASDAQ:YY) by 5,472 shares in the quarter, for a total of 8,760 shares, and has risen its stake in Ishares Tr.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Reports: Amazon, Sinclair, Yankees near buying YES Network for $3.5B – Seeking Alpha” on March 08, 2019, also Seekingalpha.com with their article: “Amazon Moves Forward – Seeking Alpha” published on March 04, 2019, Seekingalpha.com published: “California governor proposes data dividend – Seeking Alpha” on February 12, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “A Foolish Take: Marketers Are Boosting Their Spending on Amazon’s Ads – Nasdaq” published on February 19, 2019 as well as Investorplace.com‘s news article titled: “Walmart Fights Back at Amazon by Getting Into the Advertising Game – Investorplace.com” with publication date: March 07, 2019.

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

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How vegan mayonnaise convinced Jeff Bezos to make his first investment in South America

“This would be the first I.P.O. of a VC-backed food startup in the U.S.,” said a recent report from CB Insights. “Plant protein has gained momentum over …

Mayonnaise.

That’s right, mayo. Amid a booming and sometimes delirious food technology market that Bezos helped ignite through Amazon’s acquisitions in recent years, three Chilean entrepreneurs discovered that their country has a secret ingredient—mayonnaise— that could be an asset for them. That in part explains why last week they closed a new round of financing that included millions of dollars from Bezos Expeditions, the family office investment arm of the Amazon founder, its first investment in the region. Amazon has struggled in its efforts to expand in Latin America due to competition from local retailers and only now is trying to grow in Brazil after years of setbacks.

[Photo: courtesy of NotCo]

The company, NotCo, uses machine learning to produce plant-based food alternatives such as milk, ice cream, and mayonnaise. This month they are expanding to Brazil, where they already have an agreement with retailing giant Pao de Acucar, and they expect to have operations in the United States by the first quarter of 2020, Matías​ ​Muchnick, chief executive and one of the founders, said in an interview with Fast Company. He was introduced to Bezos Expeditions’ managing director, Melinda Lewison, by Stanford professor Jonathan Levav after attending a 2018 event at the university organized by NotCo’s Argentine investors.

That rapid expansion, in part, drove the interest from Bezos Expeditions, Muchnick says, noting that it was drawn to the startup’s ability to scale.

The Latin America startup scene is far more developed than it was a decade ago and a small group of U.S. investors has remained active throughout, but the region still boasts few young companies that have made it globally.

In winning the attention of Bezos, NotCo could be providing a sort of template for other global entrepreneurs. Start local, gain traction and revenue in one product area in which you can succeed, partner with quality early-stage investors, and then expand quickly.

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Vanguard Group Inc. Has $33.38 Million Stake in Shopify Inc (NYSE:SHOP)

Vanguard Group Inc. raised its holdings in shares of Shopify Inc (NYSE:SHOP) (TSE:SHOP) by 15.1% during the 3rd quarter, according to its most …

Shopify logoVanguard Group Inc. raised its holdings in shares of Shopify Inc (NYSE:SHOP) (TSE:SHOP) by 15.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,962 shares of the software maker’s stock after acquiring an additional 26,685 shares during the period. Vanguard Group Inc. owned approximately 0.19% of Shopify worth $33,379,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Sterling Investment Advisors Ltd. grew its holdings in shares of Shopify by 24.3% in the 3rd quarter. Sterling Investment Advisors Ltd. now owns 1,865 shares of the software maker’s stock worth $307,000 after acquiring an additional 365 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Shopify by 28.8% in the 3rd quarter. Parallel Advisors LLC now owns 1,646 shares of the software maker’s stock worth $271,000 after acquiring an additional 368 shares during the last quarter. Compagnie Lombard Odier SCmA grew its holdings in shares of Shopify by 92.5% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 770 shares of the software maker’s stock worth $126,000 after acquiring an additional 370 shares during the last quarter. Keybank National Association OH grew its holdings in shares of Shopify by 12.5% in the 3rd quarter. Keybank National Association OH now owns 3,703 shares of the software maker’s stock worth $609,000 after acquiring an additional 412 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Shopify by 12.9% in the 3rd quarter. First Trust Advisors LP now owns 4,057 shares of the software maker’s stock worth $667,000 after acquiring an additional 465 shares during the last quarter. 63.53% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently issued reports on SHOP. Zacks Investment Research upgraded Shopify from a “sell” rating to a “hold” rating in a report on Saturday, January 26th. Raymond James lifted their target price on Shopify from $155.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, February 13th. DA Davidson lifted their price target on Shopify from $150.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, February 13th. Robert W. Baird lifted their price target on Shopify from $165.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday, February 13th. Finally, National Bank Financial lifted their price target on Shopify from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, February 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $186.15.

Shares of NYSE SHOP traded down $0.43 during trading hours on Thursday, hitting $186.94. 734,900 shares of the company’s stock were exchanged, compared to its average volume of 1,508,624. Shopify Inc has a 1-year low of $112.50 and a 1-year high of $194.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 15.35 and a quick ratio of 15.35.

Shopify (NYSE:SHOP) (TSE:SHOP) last issued its quarterly earnings results on Tuesday, February 12th. The software maker reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.32. Shopify had a negative return on equity of 3.52% and a negative net margin of 6.01%. The firm had revenue of $344.00 million for the quarter, compared to analyst estimates of $327.45 million. During the same period in the previous year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up 54.3% compared to the same quarter last year. As a group, analysts predict that Shopify Inc will post -0.93 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This article was originally published by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.fairfieldcurrent.com/news/2019/03/07/vanguard-group-inc-acquires-26685-shares-of-shopify-inc-shop.html.

Shopify Profile

Shopify Inc provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in the United States, the United Kingdom, Canada, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing.

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Institutional Ownership by Quarter for Shopify (NYSE:SHOP)

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Shopify Inc. (SHOP) Dipped -0.01% on Mar 7

Shares of Shopify Inc. (TSE:SHOP) last traded at 251.93, representing a … “Canopy Growth Corp: New Partnership Could Turn Canopy into Leading …

Shares of Shopify Inc. (TSE:SHOP) last traded at 251.93, representing a move of -0.01%, or -0.02 per share, on volume of 203,623 shares. After opening the trading day at 251.05, shares of Shopify Inc. traded in a close range. Shopify Inc. currently has a total float of 108.01M shares and on average sees 298,370 shares exchange hands each day. The stock now has a 52-week low of 143.01 and high of 259.39.

TSX: Leading Canada’s Growth

The equity market is a reliable indicator of any nation’s economic condition. Because of it, investors are able to determine the future of the economy and make investments based on logical numbers.

Canada has one of the world’s fastest growing economies’ thanks to its flourishing equity market that has withstood the toughest of times and still remains thriving until today.

The Canadian Equity Market

The Toronto Stock Exchange (TSX) is the main stock exchange in Canada. The benchmark index weighing its stocks is the S&P/TSX Composite Index, which makes up 70% of the total market capitalization of the TSX.

More than 1,500 companies are listed on the TSX as of October 2014. In May, the total market capitalization of the TSX was seen at nearly $3 trillion.

More than 200 companies are included in the S&P/TSX Composite Index, 36% of which belong to the Financials sector alone. The Energy sector is the second largest sector in the S&P/TSX Composite Index, making up 20% of it, followed by the Materials sector, Industrial sector, and Consumer Discretionary sector in the top five.

The S&P/TSX Composite Index has an all-time low of 217.50 and an all-time high of 15,657.63. Shopify Inc. trades on the exchange.

Trading on the TSX starts and ends at 9:30 a.m. and 4:00 p.m., respectively. Meanwhile, post-market trading starts and ends at 4:15 p.m. and 5:00 p.m., respectively.

How It Works

The S&P/TSX Composite Index measures stocks based on market capitalization with respect to share price. Such is the case to make sure that only the most actively traded stocks represent one of the world’s closely watched indices, providing accurate, real-time manifestations of the Canadian economy. This means that stocks held by the government, company insiders, and venture capitalists are not weighted on the S&P/TSX Composite Index.

For stocks to be included in the S&P/TSX Composite Index, they must first be listed on the TSX under the mandate of the Canadian government. They must make up at least 0.05% of the S&P/TSX Composite Index. This requirement guarantees a harmonious and perfectly balanced index. Shopify Inc. complies with the rules for listing.

Liquidity is also an important consideration in maintaining the S&P/TSX Composite Index. The trading volume of each stock must compose at least 0.025% of the total trading volume of all stocks eligible for inclusion. In terms of price, each stock must have a minimum average trading price of C$1 in the three months immediately preceding the review date. It must also have a minimum trading price of C$1 in the three trading days immediately preceding the rebalancing.

The Organization of the Petroleum Exporting Countries (OPEC) has finally decided to minimize oil production as an answer to the long-time problem of oversupply. This means that crude oil prices are set to bounce back from the turmoil, lifting the TSX further. Consequently, investing on TSX stocks is just reasonable for investors nowadays. Professional analysts might be interested how this will affect Shopify Inc..

More notable recent Shopify Inc. (TSE:SHOP) news were published by: Fool.ca which released: “These 3 Small-Cap Tech Stocks Are Diamonds in the Rough – The Motley Fool Canada” on February 10, 2019, also Midasletter.com with their article: “High Tide Inc (CNSX:HITI) Cannabis Accessory Retailer Backed by Aurora Cannabis (TSE:ACB) – Midas Letter” published on February 25, 2019, Nytimes.com published: “Hong Kong, Crossroads of the Criminal Wildlife Trade – The New York Times” on February 12, 2019. More interesting news about Shopify Inc. (TSE:SHOP) were released by: Profitconfidential.com and their article: “Canopy Growth Corp: New Partnership Could Turn Canopy into Leading Global Pot Retailer – Profit Confidential” published on February 28, 2019 as well as Seekingalpha.com‘s news article titled: “Shopify Inc. (SHOP) CEO Tobias Lütke on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: October 25, 2018.

Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. The company has market cap of $27.21 billion. The Company’s platform provides merchants with a single view of their business and clients in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships, and leverage analytics and reporting. It currently has negative earnings. The firm was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011.

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Amazon invests in Seattle startup Jargon, a voice application content platform for developers

Investors: Bay Area-based Ubiquity Ventures and Crosslink Capital led the round. Sunil Nagaraj, managing partner of Ubiquity Ventures, helped pick …
The Jargon team, from left to right: Jonathan Burstein, Shaun Withers, Milkana Brace and Levi Sawyers. (Jargon Photo)

Voice technology continues to proliferate. There are more than 66 million smart speaker units in the U.S., up from 36 million a year ago, and the voice recognition market is now worth $49 billion.

Seattle startup Jargon aims to tap into a growing community of voice developers. The company just raised a $1.8 million seed round, which included participation from Amazon’s Alexa Fund, to help fuel development of its voice content management service.

What Jargon does: Jargon helps engineers structure and manage voice content for services such as Amazon Alexa and Google Assistant. It also lets developers customize how voice apps respond to different users and enables localization for multiple languages. The company originally focused on localization services but has expanded its offering since then.

Customers: Jargon’s customers are brands, agencies, and independent developers who are building voice apps. The company sells a free and open-source SDK that helps developers structure content, and a cloud-based paid service that lets developers dynamically manage and personalize their content to individual users. “We offer a one-stop shop for brands to manage all of their voice content,” said Jargon CEO Milkana Brace.

Competition: Brace said Jargon has no direct competitors. “Brands are more likely to use an independent company to help them optimize the user experience and target content on their behalf, rather than delegating that ownership to the platforms,” she added. “We’re single-handedly focused on enabling rich and personalized conversations on voice, whereas the tech giants have a multitude of aspects to worry about to provide a fully-functioning voice service.”

The colorful Echo Dot Kids Edition. (Amazon Photo)

Founders: Brace co-founded the company in late 2017 with Jonathan Burstein, Jargon’s chief technology officer. Brace’s background includes jobs at Groupon and Expedia. Burstein has worked at Amazon, Zillow and Microsoft. The company has two other employees and expects to double headcount this year.

Investors: Bay Area-based Ubiquity Ventures and Crosslink Capital led the round. Sunil Nagaraj, managing partner of Ubiquity Ventures, helped pick Jargon as the winner of the first-ever Ubiquity-GeekWire Award in October, when Jargon pitched at the Amazon Alexa Accelerator Demo Night. Nagaraj has joined the board as a result of the new funding.

Nagaraj told GeekWire that voice computing “has so much potential.”

“In order for third party voice apps from brands and developers to deliver on the hype, they need tools like Jargon to say the right thing at the right time,” he said. “Having led the seed round of Auth0, another Seattle-based developer tool that is on its way to being a unicorn, I understand the power of well-designed developer tools to accelerate an ecosystem. Jargon is the linchpin to unlock the potential of this industry by helping voice app developers move more quickly.”

Pulse Labs CEO Abhishek Suthan; Jargon co-founders Jonathan Burstein and Milkana Brace; and Sunil Nagaraj, managing partner of Bay Area-based Ubiquity Ventures, at the Alexa Accelerator Demo Night this past October. (GeekWire Photo / Taylor Soper)

Amazon’s Alexa Fund, which invests in voice startups, also participated in the round, as did Curious Capital, iRobot and others.

“Jargon delivers an important service for the growing community of developers and brands building with Alexa, helping them produce richer and more localized, personalized content for customers,” Paul Bernard, director of the Alexa Fund, said in a statement. “We’ve been fortunate to support Jargon through its involvement in the 2018 Alexa Accelerator, and we’re excited to continue to back them as they expand their service.”

Alexa Accelerator: Jargon graduated as part of the most recent class at Alexa Accelerator, a Seattle-based program co-led by Techstars and Amazon. Other graduates that are based in Seattle include Novel Effect, Pulse Labs, Roby, and others.

Jargon actually pivoted its business after joining the Alexa Accelerator. The original idea was to create an on-demand interpretation service, but feedback from Amazon mentors who lamented about taking Alexa to international markets helped Jargon switch gears.

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