Bollard Group Continues to Hold Stake in Amazon.Com (AMZN); Harber Asset Management Increased Shoretel (SHOR) Position by $327,740 as Share Value Declined

November 14, 2017 - By Marie Mckinney

Raymond J. Harbert increased its stake in Shoretel Inc (SHOR) by 15.99% based on its latest 2017Q2 regulatory filing with the SEC. Harber Asset Management Llc bought 65,548 shares as the company’s stock declined 11.68% while stock markets rallied. The hedge fund run by Raymond J. Harbert held 475,539 shares of the public utilities company at the end of 2017Q2, valued at $2.76 million, up from 409,991 at the end of the previous reported quarter. Harber Asset Management Llc who had been investing in Shoretel Inc for a number of months, seems to be bullish on the $518.65M market cap company. It is 0.00% or $0 reaching $7.5 per share. It is down 1.14% since November 14, 2016 and is downtrending. It has underperformed by 17.84% the S&P500.

Bollard Group Llc increased its stake in Amazon.Com Inc (AMZN) by 6.38% based on its latest 2017Q2 regulatory filing with the SEC. Bollard Group Llc bought 1,809 shares as the company’s stock rose 13.58% with the market. The hedge fund held 30,155 shares of the consumer services company at the end of 2017Q2, valued at $29.19 million, up from 28,346 at the end of the previous reported quarter. Bollard Group Llc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $544.73B market cap company. The stock rose 0.11% or $1.27 reaching $1130.44 per share. About 795,415 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since November 14, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Since May 15, 2017, it had 0 buys, and 3 sales for $7.38 million activity. $2.24 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Olsavsky Brian T on Monday, May 15. Shares for $1.99M were sold by Blackburn Jeffrey M. 1,985 shares were sold by Jassy Andrew R, worth $1.90 million on Monday, May 15. 800 shares were sold by ALBERG TOM A, worth $800,000. Zapolsky David also sold $2.24M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. Reynolds Shelley sold $521,627 worth of stock or 544 shares.

Among 48 analysts covering Amazon.com (NASDAQ:AMZN), 45 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 232 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $1000 target in Friday, September 16 report. On Friday, June 10 the stock rating was initiated by William Blair with “Outperform”. The company was maintained on Monday, October 24 by Goldman Sachs. Maxim Group maintained Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, September 28 with “Buy” rating. The rating was maintained by UBS on Friday, January 29 with “Buy”. The company was maintained on Friday, January 29 by RBC Capital Markets. The rating was maintained by Piper Jaffray on Monday, June 12 with “Buy”. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 4 with “Overweight” rating. The rating was maintained by KeyBanc Capital Markets on Thursday, June 15 with “Hold”. Piper Jaffray maintained the shares of AMZN in report on Friday, October 27 with “Buy” rating.

Investors sentiment decreased to 1.36 in 2017 Q2. Its down 0.34, from 1.7 in 2017Q1. It is negative, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. Hightower Llc invested 0.49% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). 566,451 are held by Swedbank. Diamond Hill Management has invested 0% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). 25,021 were reported by Private Advisor Limited Liability Company. Inverness Counsel Ltd Liability Corp New York owns 1,940 shares for 0.13% of their portfolio. Goldman Sachs Grp Incorporated owns 0.92% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 3.66M shares. Hanseatic Management Serv has 7,441 shares for 3.67% of their portfolio. Arrowstreet Partnership has 2.41% invested in Amazon.com, Inc. (NASDAQ:AMZN). 4,126 are owned by Fiduciary Svcs Of The Southwest Tx. Gofen Glossberg Limited Liability Corp Il stated it has 0.28% in Amazon.com, Inc. (NASDAQ:AMZN). Bbr Prtn Lc accumulated 510 shares. Ckw Fincl Grp Inc holds 0% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 1 shares. Trb L P, New York-based fund reported 12,500 shares. Grimes & Comm Inc owns 0.08% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 744 shares. Selkirk Mngmt Limited owns 14,415 shares.

Bollard Group Llc, which manages about $2.78B and $1.85 billion US Long portfolio, decreased its stake in Valero Energy Corp (NYSE:VLO) by 19,128 shares to 81,179 shares, valued at $5.48M in 2017Q2, according to the filing. It also reduced its holding in Enbridge Inc (NYSE:ENB) by 42,224 shares in the quarter, leaving it with 146,772 shares, and cut its stake in Boston Scientific Corp (NYSE:BSX).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon selling Chinese cloud business” on November 14, 2017, also Investorplace.com with their article: “4 Reasons Amazon.com, Inc. Stock Will Win Big This Holiday Season” published on November 10, 2017, Finance.Yahoo.com published: “Where to Buy Amazon.com, Inc. After Huge Earnings Breakout” on November 06, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Investorplace.com and their article: “Is Ikea the Next Victim in Amazon.com, Inc.’s Headhunt?” published on November 09, 2017 as well as Seekingalpha.com‘s news article titled: “The Amazon Advantage” with publication date: November 14, 2017.

Among 5 analysts covering Shoretel Inc. (NASDAQ:SHOR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Shoretel Inc. had 14 analyst reports since August 6, 2015 according to SRatingsIntel. Lake Street downgraded ShoreTel Inc (NASDAQ:SHOR) on Monday, July 31 to “Hold” rating. Northland Capital maintained the stock with “Hold” rating in Monday, September 11 report. The firm earned “Buy” rating on Wednesday, August 12 by Canaccord Genuity. As per Monday, August 10, the company rating was initiated by Canaccord Genuity. As per Friday, November 13, the company rating was maintained by Lake Street. Northland Capital downgraded ShoreTel Inc (NASDAQ:SHOR) rating on Friday, July 28. Northland Capital has “Hold” rating and $7.5000 target. William Blair downgraded ShoreTel Inc (NASDAQ:SHOR) on Thursday, July 27 to “Hold” rating. The firm earned “Hold” rating on Saturday, August 29 by TheStreet. The firm has “Buy” rating by Northland Capital given on Monday, July 3.

More notable recent ShoreTel Inc (NASDAQ:SHOR) news were published by: Seekingalpha.com which released: “ShoreTel’s (SHOR) CEO Don Joos on Q3 2017 Results – Earnings Call Transcript” on April 27, 2017, also Bloomberg.com with their article: “Elliott-Backed Mitel Hunts for Smaller Purchases After ShoreTel” published on November 08, 2017, Bizjournals.com published: “Canadian telecom giant Mitel snaps up longtime Sunnyvale rival ShoreTel for $430M” on July 27, 2017. More interesting news about ShoreTel Inc (NASDAQ:SHOR) were released by: Prnewswire.com and their article: “SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of …” published on July 31, 2017 as well as Seekingalpha.com‘s news article titled: “Filing shows RGM approaching ShoreTel to discuss boosting value” with publication date: June 01, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: