Whale Rock Capital Management Cut Amazon Com (AMZN) Stake, Pinnacle Associates LTD Has Raised Valero Energy New (VLO) Position By $558,076

July 7, 2017 - By Adrian Mccoy

Pinnacle Associates Ltd increased Valero Energy Corp New (VLO) stake by 9.84% reported in 2016Q4 SEC filing. Pinnacle Associates Ltd acquired 8,207 shares as Valero Energy Corp New (VLO)’s stock declined 2.47%. The Pinnacle Associates Ltd holds 91,602 shares with $6.26 million value, up from 83,395 last quarter. Valero Energy Corp New now has $30.21B valuation. The stock declined 0.12% or $0.08 reaching $68.1 on the news. About 5.02M shares traded or 17.56% up from the average. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since July 7, 2016 and is uptrending. It has underperformed by 1.41% the S&P500.

Whale Rock Capital Management Llc decreased Amazon Com Inc (AMZN) stake by 7.87% reported in 2016Q4 SEC filing. Whale Rock Capital Management Llc sold 14,818 shares as Amazon Com Inc (AMZN)’s stock rose 13.58%. The Whale Rock Capital Management Llc holds 173,355 shares with $129.99M value, down from 188,173 last quarter. Amazon Com Inc now has $464.81 billion valuation. The stock declined 0.01% or $0.06 reaching $978.7 per share. About 2.58 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since July 7, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Investors sentiment increased to 1.06 in Q4 2016. Its up 0.05, from 1.01 in 2016Q3. It increased, as 56 investors sold VLO shares while 309 reduced holdings. 120 funds opened positions while 268 raised stakes. 341.48 million shares or 0.17% less from 342.05 million shares in 2016Q3 were reported. Automobile Association owns 285,129 shares. The Massachusetts-based Martingale Asset Lp has invested 0.05% in Valero Energy Corporation (NYSE:VLO). Loomis Sayles & Com LP reported 9,819 shares or 0% of all its holdings. Centurylink Management has invested 0.37% in Valero Energy Corporation (NYSE:VLO). Andra Ap owns 0.13% invested in Valero Energy Corporation (NYSE:VLO) for 67,600 shares. Ngam Advsrs LP accumulated 0.02% or 24,585 shares. Eads Heald Investment Counsel holds 0.28% in Valero Energy Corporation (NYSE:VLO) or 6,008 shares. Mufg Americas Holdings accumulated 0.02% or 7,908 shares. Shufro Rose & Limited Liability reported 13,900 shares. Personal Capital Advsr accumulated 398,667 shares or 0.81% of the stock. Moors & Cabot reported 3,690 shares stake. Northern Capital Mngmt Limited Liability Corp invested in 1.32% or 46,385 shares. Dt Invest Prtnrs Limited Liability Company stated it has 0.35% of its portfolio in Valero Energy Corporation (NYSE:VLO). Pnc Fincl Services Grp has 1.85M shares for 0.14% of their portfolio. Janney Montgomery Scott holds 0.04% of its portfolio in Valero Energy Corporation (NYSE:VLO) for 34,629 shares.

Pinnacle Associates Ltd decreased Ishares Tr (LQD) stake by 6,413 shares to 35,439 valued at $4.15M in 2016Q4. It also reduced Cognex Corp (NASDAQ:CGNX) stake by 62,503 shares and now owns 1.11M shares. Lam Research Corp (NASDAQ:LRCX) was reduced too.

Among 19 analysts covering Valero Energy Corporation (NYSE:VLO), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Valero Energy Corporation had 40 analyst reports since July 24, 2015 according to SRatingsIntel. Goldman Sachs downgraded the shares of VLO in report on Tuesday, May 16 to “Neutral” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, April 26. UBS initiated the shares of VLO in report on Thursday, May 19 with “Neutral” rating. RBC Capital Markets maintained the shares of VLO in report on Thursday, June 15 with “Buy” rating. Argus Research upgraded Valero Energy Corporation (NYSE:VLO) on Wednesday, December 16 to “Buy” rating. The firm has “Outperform” rating given on Friday, July 31 by RBC Capital Markets. The rating was maintained by Citigroup on Wednesday, October 19 with “Buy”. Credit Suisse maintained it with “Outperform” rating and $85 target in Tuesday, January 26 report. Bank of America downgraded the shares of VLO in report on Monday, August 24 to “Neutral” rating. As per Tuesday, August 11, the company rating was downgraded by Vetr.

Since January 26, 2017, it had 0 insider buys, and 3 sales for $4.77 million activity. Waters Stephen M also sold $66,194 worth of Valero Energy Corporation (NYSE:VLO) shares. Riggs R. Lane had sold 31,522 shares worth $2.05 million. Another trade for 39,057 shares valued at $2.65 million was made by Gorder Joseph W on Thursday, January 26.

Investors sentiment decreased to 1.26 in Q4 2016. Its down 0.03, from 1.29 in 2016Q3. It dropped, as 126 investors sold AMZN shares while 478 reduced holdings. 157 funds opened positions while 606 raised stakes. 293.60 million shares or 2.70% less from 301.74 million shares in 2016Q3 were reported. Oakbrook Investments Limited invested in 0.94% or 19,079 shares. Mathes Com Incorporated invested 5.02% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Confluence Wealth Management Limited Com has invested 0.1% in Amazon.com, Inc. (NASDAQ:AMZN). Lourd Limited Com holds 2,362 shares. Ckw Financial Gp stated it has 1 shares. Financial Bank Of The West invested 0.47% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Hallmark Cap accumulated 225 shares or 0.02% of the stock. Asset Mngmt holds 0.64% or 51,425 shares. Eagle Asset Mngmt has 0.04% invested in Amazon.com, Inc. (NASDAQ:AMZN). Intersect Capital Ltd Llc has invested 0.79% in Amazon.com, Inc. (NASDAQ:AMZN). Blackrock Japan Ltd holds 1.34% or 543,143 shares in its portfolio. Moors And Cabot Inc invested in 0.34% or 2,792 shares. Reilly Herbert Faulkner Iii owns 6,458 shares or 3.42% of their US portfolio. Athena Capital Advsrs invested 0.08% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Lmr Prtn Llp has 0.6% invested in Amazon.com, Inc. (NASDAQ:AMZN).

Among 42 analysts covering Amazon.com (NASDAQ:AMZN), 38 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Amazon.com had 162 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, July 29. JP Morgan has “Overweight” rating and $925 target. The rating was maintained by Stifel Nicolaus on Friday, October 23 with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Positive” rating by Susquehanna on Friday, January 15. The firm has “Outperform” rating by RBC Capital Markets given on Friday, September 11. RBC Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, September 16 with “Outperform” rating. The company was maintained on Friday, June 16 by Oppenheimer. The firm earned “Buy” rating on Friday, July 29 by Axiom Capital. Jefferies maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, May 31. Jefferies has “Buy” rating and $115000 target. The rating was maintained by Monness Crespi & Hardt on Friday, July 24 with “Buy”. JP Morgan maintained the stock with “Overweight” rating in Friday, October 23 report.

Since February 15, 2017, it had 0 insider buys, and 22 sales for $977.75 million activity. Blackburn Jeffrey M sold $1.99M worth of stock. 544 shares valued at $521,627 were sold by Reynolds Shelley on Monday, May 15. WILKE JEFFREY A had sold 2,000 shares worth $1.90 million on Wednesday, May 10. BEZOS JEFFREY P sold 1.00M shares worth $940.74M. Another trade for 2,333 shares valued at $2.24 million was sold by Olsavsky Brian T. 503 shares were sold by Zapolsky David, worth $427,550 on Tuesday, February 21. ALBERG TOM A sold $700,308 worth of stock or 735 shares.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 27. They expect $1.41 EPS, down 20.79% or $0.37 from last year’s $1.78 per share. AMZN’s profit will be $669.65M for 173.53 P/E if the $1.41 EPS becomes a reality. After $1.48 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -4.73% negative EPS growth.