Empirical Financial Services Has Raised Its Amazon Com (AMZN) Position by $1.75 Million; As Analog Devices (ADI) Share Value Rose, Papp L Roy & Associates Has Increased Holding by $722,057

May 27, 2018 - By Hazel Jackson

Analog Devices, Inc. (NASDAQ:ADI) Logo

Papp L Roy & Associates increased its stake in Analog Devices Inc (ADI) by 26.31% based on its latest 2017Q4 regulatory filing with the SEC. Papp L Roy & Associates bought 8,113 shares as the company’s stock rose 2.48% while stock markets declined. The institutional investor held 38,948 shares of the technology company at the end of 2017Q4, valued at $3.47M, up from 30,835 at the end of the previous reported quarter. Papp L Roy & Associates who had been investing in Analog Devices Inc for a number of months, seems to be bullish on the $35.30 billion market cap company. The stock increased 0.43% or $0.41 during the last trading session, reaching $95.45. About 1.12M shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 11.86% since May 27, 2017 and is uptrending. It has outperformed by 0.31% the S&P500.

Empirical Financial Services Llc increased its stake in Amazon Com Inc (AMZN) by 120.02% based on its latest 2017Q4 regulatory filing with the SEC. Empirical Financial Services Llc bought 1,499 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 2,748 shares of the consumer services company at the end of 2017Q4, valued at $3.21 million, up from 1,249 at the end of the previous reported quarter. Empirical Financial Services Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $781.29B market cap company. The stock increased 0.44% or $7.08 during the last trading session, reaching $1610.15. About 2.48 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 27, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Monday, November 28. On Tuesday, January 3 the stock rating was reinitiated by Piper Jaffray with “Overweight”. Credit Suisse maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 24 with “Outperform” rating. The company was maintained on Tuesday, January 19 by Credit Suisse. Stifel Nicolaus maintained it with “Buy” rating and $912 target in Friday, February 3 report. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, October 18. RBC Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, September 11. RBC Capital Markets has “Outperform” rating and $705 target. Benchmark maintained the shares of AMZN in report on Friday, July 29 with “Buy” rating. The firm earned “Buy” rating on Wednesday, September 28 by Nomura. The firm has “Buy” rating by DA Davidson given on Thursday, September 7.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “The Proof That Amazon Is Undervalued” on May 23, 2018, also Seekingalpha.com with their article: “VP of Alexa leaves Amazon” published on May 17, 2018, Seekingalpha.com published: “Amazon explains that recorded Echo conversation” on May 25, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Benzinga.com and their article: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” published on May 24, 2018 as well as Livetradingnews.com‘s news article titled: “Amazon.com, Inc. (NASDAQ:AMZN) Stock Consolidating” with publication date: May 22, 2018.

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.03, from 1.26 in 2017Q3. It increased, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Gardner Lewis Asset Management Ltd Partnership stated it has 10,068 shares. Sigma Inv Counselors owns 7,867 shares. Kornitzer Cap Mngmt Ks, a Kansas-based fund reported 34,658 shares. Clarkston Ptnrs Lc stated it has 0.01% in Amazon.com, Inc. (NASDAQ:AMZN). Highstreet Asset Mgmt Inc has 0.25% invested in Amazon.com, Inc. (NASDAQ:AMZN). Lucus Advsrs Limited Com reported 424 shares stake. Edgewood Limited Com holds 1.22 million shares. Blume Mgmt, California-based fund reported 750 shares. Arcadia Invest Mgmt Mi, a Michigan-based fund reported 2,314 shares. Clearbridge Invs Limited Liability Corp reported 1.05M shares. Fiduciary Fincl Service Of The Southwest Tx has 1.65% invested in Amazon.com, Inc. (NASDAQ:AMZN). Bell State Bank accumulated 716 shares. Sand Hill Glob Advsr Llc reported 1.04% stake. Criterion Management Limited Liability Corporation invested 4.84% in Amazon.com, Inc. (NASDAQ:AMZN). Cwm Lc stated it has 0.08% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN).

Empirical Financial Services Llc, which manages about $933.31M and $466.32M US Long portfolio, decreased its stake in Vanguard Bd Index Fd Inc (BSV) by 19,950 shares to 6,987 shares, valued at $553,000 in 2017Q4, according to the filing.

Since December 7, 2017, it had 0 buys, and 21 sales for $64.49 million activity. Shares for $795,502 were sold by Reynolds Shelley. $387,475 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by WILKE JEFFREY A. Shares for $18.50 million were sold by Blackburn Jeffrey M on Thursday, February 15. 670 shares were sold by ALBERG TOM A, worth $1.01M on Wednesday, February 21. 2,333 shares valued at $3.42 million were sold by Olsavsky Brian T on Thursday, February 15. On Wednesday, May 2 STONESIFER PATRICIA Q sold $2.17M worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,375 shares.

Since December 14, 2017, it had 0 buys, and 20 selling transactions for $13.66 million activity. $619,500 worth of stock was sold by SEIF MARGARET K on Monday, February 5. 2,455 shares were sold by CHAMPY JAMES, worth $226,292. Shares for $359,329 were sold by Cotter Martin on Friday, April 13. Shares for $921,300 were sold by STATA RAY on Friday, January 12. Wynne Eileen sold 5,209 shares worth $494,136. $1.57M worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by Hassett Joseph.

Papp L Roy & Associates, which manages about $782.06M and $505.78 million US Long portfolio, decreased its stake in Price T Rowe Group Inc (NASDAQ:TROW) by 4,309 shares to 132,458 shares, valued at $13.90M in 2017Q4, according to the filing.

Among 33 analysts covering Analog Devices (NASDAQ:ADI), 23 have Buy rating, 0 Sell and 10 Hold. Therefore 70% are positive. Analog Devices had 131 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Monday, May 29. Morgan Stanley maintained the shares of ADI in report on Wednesday, November 22 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, November 25 by M Partners. On Monday, September 14 the stock rating was upgraded by Evercore to “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Friday, December 29. The company was maintained on Monday, October 2 by RBC Capital Markets. On Thursday, August 20 the stock rating was downgraded by Nomura to “Reduce”. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Buy” rating by SunTrust on Wednesday, October 11. On Thursday, July 23 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was maintained on Thursday, August 24 by B. Riley & Co.

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

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