Dorsal Capital Management Has Lowered Amazon Com (AMZN) Holding By $9.61 Million; Yum Brands (YUM) Shorts Raised By 3.74%

February 24, 2018 - By Vivian Currie

Dorsal Capital Management Llc decreased Amazon Com Inc (AMZN) stake by 10.53% reported in 2017Q3 SEC filing. Dorsal Capital Management Llc sold 10,000 shares as Amazon Com Inc (AMZN)’s stock rose 13.58%. The Dorsal Capital Management Llc holds 85,000 shares with $81.72 million value, down from 95,000 last quarter. Amazon Com Inc now has $726.16B valuation. The stock increased 0.99% or $14.66 during the last trading session, reaching $1500. About 4.42M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 24, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Yum Brands Inc (NYSE:YUM) had an increase of 3.74% in short interest. YUM’s SI was 6.39 million shares in February as released by FINRA. Its up 3.74% from 6.16M shares previously. With 1.58 million avg volume, 4 days are for Yum Brands Inc (NYSE:YUM)’s short sellers to cover YUM’s short positions. The SI to Yum Brands Inc’s float is 1.9%. The stock increased 1.89% or $1.48 during the last trading session, reaching $79.8. About 2.33M shares traded or 18.95% up from the average. YUM! Brands, Inc. (NYSE:YUM) has risen 21.70% since February 24, 2017 and is uptrending. It has outperformed by 5.00% the S&P500.

Among 29 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 17 Hold. Therefore 38% are positive. YUM! Brands had 99 analyst reports since July 1, 2015 according to SRatingsIntel. RBC Capital Markets maintained YUM! Brands, Inc. (NYSE:YUM) rating on Thursday, June 22. RBC Capital Markets has “Buy” rating and $8300 target. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, November 2 report. Morgan Stanley maintained YUM! Brands, Inc. (NYSE:YUM) rating on Friday, November 3. Morgan Stanley has “Equal-Weight” rating and $82 target. The firm has “Buy” rating given on Thursday, June 15 by RBC Capital Markets. As per Tuesday, April 5, the company rating was initiated by Evercore. The firm has “Neutral” rating by Credit Suisse given on Wednesday, September 28. The firm earned “Neutral” rating on Thursday, October 8 by Credit Suisse. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Buy” rating by RBC Capital Markets on Thursday, August 3. The stock of YUM! Brands, Inc. (NYSE:YUM) earned “Overweight” rating by JP Morgan on Thursday, April 21. The stock of YUM! Brands, Inc. (NYSE:YUM) has “Hold” rating given on Tuesday, January 2 by Robert W. Baird.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.22, from 0.77 in 2017Q2. It is positive, as 50 investors sold YUM! Brands, Inc. shares while 238 reduced holdings. 67 funds opened positions while 219 raised stakes. 239.50 million shares or 0.41% less from 240.48 million shares in 2017Q2 were reported. Alexandria Limited Com holds 600 shares. Daiwa Securities Group reported 0.01% stake. Pittenger Anderson has invested 0.18% in YUM! Brands, Inc. (NYSE:YUM). Moreover, Comerica National Bank & Trust has 0.06% invested in YUM! Brands, Inc. (NYSE:YUM). First Interstate Bank & Trust has 5,452 shares. Exxonmobil Inv Tx reported 62,960 shares. Da Davidson Company invested in 0.1% or 71,231 shares. San Francisco Sentry Investment Group (Ca) reported 0.16% stake. Moreover, Motco has 0% invested in YUM! Brands, Inc. (NYSE:YUM) for 188 shares. Freshford Cap holds 3.6% or 236,396 shares. Balyasny Asset Mgmt Limited Liability Corporation stated it has 14,157 shares or 0% of all its holdings. Mitchell Mcleod Pugh & Williams Inc has 1.03% invested in YUM! Brands, Inc. (NYSE:YUM) for 18,977 shares. Old Mutual Customised Solutions (Proprietary) Ltd has 0.07% invested in YUM! Brands, Inc. (NYSE:YUM) for 7,390 shares. Sumitomo Mitsui Asset Mgmt Company Limited stated it has 25,849 shares. Georgia-based Invesco Ltd has invested 0.04% in YUM! Brands, Inc. (NYSE:YUM).

Since January 22, 2018, it had 0 insider purchases, and 1 sale for $194,761 activity. 2,294 shares were sold by Niccol Brian R, worth $194,761.

YUM! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company has market cap of $26.49 billion. It operates in three divisions: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. It has a 21.17 P/E ratio. The firm operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

Dorsal Capital Management Llc increased Arris Intl Inc stake by 50,000 shares to 3.20M valued at $91.17M in 2017Q3. It also upped Altaba Inc stake by 200,000 shares and now owns 2.20 million shares. Palo Alto Networks Inc (NYSE:PANW) was raised too.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 51 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 275 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by SunTrust given on Wednesday, October 5. The rating was upgraded by Wolfe Research on Friday, February 23 to “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Aegis Capital on Friday, July 28. On Friday, April 29 the stock rating was maintained by Mizuho with “Buy”. The rating was maintained by UBS with “Buy” on Friday, April 29. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Positive” rating given on Friday, January 15 by Susquehanna. The firm has “Hold” rating by Vetr given on Friday, August 21. The company was maintained on Tuesday, August 2 by M Partners. The company was maintained on Friday, July 29 by Axiom Capital. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Jefferies on Wednesday, May 31.

Since December 7, 2017, it had 0 insider buys, and 8 selling transactions for $38.37 million activity. On Thursday, February 15 the insider ALBERG TOM A sold $3.35M. WILKE JEFFREY A sold 2,800 shares worth $3.25M. Olsavsky Brian T sold $3.42M worth of stock. Jassy Andrew R sold $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. On Thursday, February 15 the insider Reynolds Shelley sold $795,502. 12,666 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $18.50 million were sold by Blackburn Jeffrey M. 2,216 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $3.24M were sold by Zapolsky David.

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 $576.09 million for 315.13 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.