Patriot National Bancorp, Inc. (PNBK) Forms $19.85 Double Top; Alkeon Capital Management Cut Amazon Com (Call) (AMZN) Stake

Patriot National Bancorp, Inc. (NASDAQ:PNBK) Logo

Alkeon Capital Management Llc decreased Amazon Com Inc (Call) (AMZN) stake by 55.93% reported in 2018Q1 SEC filing. Alkeon Capital Management Llc sold 126,917 shares as Amazon Com Inc (Call) (AMZN)’s stock rose 5.80%. The Alkeon Capital Management Llc holds 100,000 shares with $144.73 million value, down from 226,917 last quarter. Amazon Com Inc (Call) now has $827.24 billion valuation. The stock increased 0.36% or $6.11 during the last trading session, reaching $1704.86. About 3.09 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 14, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: ; 01/05/2018 – AMAZON REPORTS PLANS TO EXPAND BOSTON TECH HUB & CREATE AN; 19/04/2018 – Cramer tracks the ‘very close’ race to $1 trillion between Apple, Amazon, Alphabet and Microsoft; 26/04/2018 – Bezos Pads Fortune by $12 Billion in a Day as Amazon Sales Surge; 03/04/2018 – A year later, the attack on Amazon coupled with the tense trade relationship with China has many of us asking, “Is this any way to grow the economy?”; 07/05/2018 – MICROSOFT, AMAZON SHOWING CORTANA, ALEXA WORKING TOGETHER; 19/04/2018 – AMAZON ASSIGNED FIRST TIME IDR RATING OF A+ BY FITCH; 23/05/2018 – lnnerScope Hearing Technologies, Inc. Announces its Personal Sound Amplifier Products Are Now Offered to Amazon Prime Subscribers; 17/04/2018 – Amazon Launches the International Shopping Experience in the Amazon Shopping App; 07/04/2018 – About 45 percent are open to the idea of using Amazon as their primary bank account; 18/04/2018 – Amazon doesn’t need to acquire Best Buy – because Best Buy keeps cozying up anyway

Patriot National Bancorp, Inc. (PNBK) formed double top with $21.24 target or 7.00% above today’s $19.85 share price. Patriot National Bancorp, Inc. (PNBK) has $77.49M valuation. The stock increased 0.25% or $0.05 during the last trading session, reaching $19.85. About 101 shares traded. Patriot National Bancorp, Inc. (NASDAQ:PNBK) has risen 55.41% since June 14, 2017 and is uptrending. It has outperformed by 42.84% the S&P500. Some Historical PNBK News: ; 04/05/2018 – Patriot National Bancorp Names Kevin Ferryman Director of SBA Lending; 08/05/2018 – Patriot National Receives Court Approval for Reorganization Plan; 04/05/2018 – PATRIOT NATIONAL BANCORP CONTINUES EARNINGS MOMENTUM, FIRST QUARTER 2018 NET INCOME INCREASES TO $1.1 MILLION; TOTAL ASSETS UP 12%; ANNOUNCES KEY ADDITIONS TO MANAGEMENT TEAM; DECLARES QUARTERLY; 11/05/2018 – Patriot Completes Acquisition Of Prime Bank; 12/04/2018 Regulators Approve Patriot Bank Acquisition Of Prime Bank; 12/04/2018 – PATRIOT NATIONAL BANCORP INC – PATRIOT BANK ACQUISITION OF PRIME BANK IS SCHEDULED FOR CLOSING IN LATE APRIL 2018; 04/05/2018 – Patriot National Bancorp Names David W. Christiansen Senior Credit Officer; 04/05/2018 – Patriot National Bancorp Continues Earnings Momentum, First Quarter 2018 Net Income Increases to $1.1 Million; Total Assets up; 04/05/2018 – PATRIOT NATIONAL BANCORP CONTINUES EARNINGS MOMENTUM, FIRST QUARTER 2018 NET INCOME INCREASES TO $1.1 MILLION; TOTAL ASSETS UP 12%; ANNOUNCES KEY ADDITIONS TO MANAGEMENT TEAM; DECLARES QUARTERLY…; 04/05/2018 – Patriot National Bancorp 1Q EPS 27c

Among 2 analysts covering Patriot National (NASDAQ:PNBK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Patriot National had 10 analyst reports since December 4, 2015 according to SRatingsIntel. Brean Capital maintained the shares of PNBK in report on Thursday, May 3 with “Buy” rating. The rating was maintained by Brean Capital with “Buy” on Monday, May 21. The firm earned “Buy” rating on Monday, April 23 by Brean Capital. Compass Point maintained the stock with “Buy” rating in Thursday, December 17 report. The stock of Patriot National Bancorp, Inc. (NASDAQ:PNBK) earned “Buy” rating by Brean Capital on Tuesday, March 27. The firm has “Buy” rating by Compass Point given on Friday, December 4. Brean Capital maintained Patriot National Bancorp, Inc. (NASDAQ:PNBK) on Monday, June 11 with “Buy” rating. The company was maintained on Monday, April 16 by Brean Capital. The rating was maintained by Brean Capital with “Buy” on Thursday, April 5. Brean Capital maintained the shares of PNBK in report on Friday, May 11 with “Buy” rating.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.52 EPS, up 530.00% or $2.12 from last year’s $0.4 per share. AMZN’s profit will be $1.22 billion for 169.13 P/E if the $2.52 EPS becomes a reality. After $3.27 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -22.94% negative EPS growth.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Microsoft takes aim at Amazon Go” on June 14, 2018, also Seekingalpha.com with their article: “Seattle council repeals ‘head tax'” published on June 13, 2018, Nasdaq.com published: “Microsoft Corporation and Cloud Kings Become Chip Giants” on June 13, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: 247Wallst.com and their article: “6 Most Important Things In Business Today” published on June 14, 2018 as well as Nasdaq.com‘s news article titled: “Why the AT&T Inc. Court Win Does Not Guarantee Domination” with publication date: June 13, 2018.

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It dived, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. Lvw Advsrs Limited Liability Company stated it has 0.38% in Amazon.com, Inc. (NASDAQ:AMZN). Wendell David Associate Inc invested 0.49% in Amazon.com, Inc. (NASDAQ:AMZN). Commerzbank Aktiengesellschaft Fi reported 466,307 shares or 7.52% of all its holdings. Moreover, Monroe Bank & Trust Mi has 0.22% invested in Amazon.com, Inc. (NASDAQ:AMZN). Whittier Trust stated it has 33,931 shares. Telos Cap Management reported 1,704 shares. B And T Management Dba Alpha Management reported 2,964 shares. First Interstate National Bank & Trust stated it has 0.92% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Ing Groep Nv holds 153,784 shares. Miracle Mile Advsrs Limited Liability holds 1.04% or 6,801 shares in its portfolio. Confluence Wealth Management Ltd Limited Liability Company owns 756 shares or 0.56% of their US portfolio. New York State Teachers Retirement Systems has 2.38% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 674,825 shares. Svcs Corp reported 424 shares. 1,664 were reported by Chickasaw Capital Limited. State Treasurer State Of Michigan owns 159,102 shares.

Since February 15, 2018, it had 0 insider buys, and 21 insider sales for $63.19 million activity. On Thursday, February 15 Zapolsky David sold $3.24M worth of Amazon.com, Inc. (NASDAQ:AMZN) or 2,216 shares. Shares for $686,439 were sold by Reynolds Shelley. The insider Jassy Andrew R sold $2.90 million. WILKE JEFFREY A sold $387,475 worth of stock. The insider STONESIFER PATRICIA Q sold 1,375 shares worth $2.17 million. Shares for $3.23 million were sold by Blackburn Jeffrey M on Tuesday, May 15. ALBERG TOM A had sold 670 shares worth $1.01M on Wednesday, February 21.

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