Algert Global Has Boosted Intricon (IIN) Stake by $1.03 Million; Amazon Com (AMZN) Position Upped by Essex Financial Services Inc

May 19, 2018 - By Peter Kolinski

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Peter Algert increased its stake in Intricon Corp (IIN) by 165.75% based on its latest 2017Q4 regulatory filing with the SEC. Algert Global Llc bought 54,299 shares as the company’s stock declined 0.25% with the market. The hedge fund run by Peter Algert held 87,059 shares of the electrical products company at the end of 2017Q4, valued at $1.72M, up from 32,760 at the end of the previous reported quarter. Algert Global Llc who had been investing in Intricon Corp for a number of months, seems to be bullish on the $217.99M market cap company. The stock increased 1.46% or $0.45 during the last trading session, reaching $31.3. About 70,751 shares traded. IntriCon Corporation (NASDAQ:IIN) has risen 136.90% since May 19, 2017 and is uptrending. It has outperformed by 125.35% the S&P500.

Essex Financial Services Inc increased its stake in Amazon Com Inc (AMZN) by 8.92% based on its latest 2017Q4 regulatory filing with the SEC. Essex Financial Services Inc bought 386 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 4,714 shares of the consumer services company at the end of 2017Q4, valued at $5.51M, up from 4,328 at the end of the previous reported quarter. Essex Financial Services Inc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $763.93 billion market cap company. The stock decreased 0.47% or $7.39 during the last trading session, reaching $1574.37. About 2.18M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 19, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Since December 7, 2017, it had 0 insider buys, and 15 insider sales for $49.01 million activity. 500 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $788,924 were sold by WILKE JEFFREY A. $3.35M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by ALBERG TOM A. STONESIFER PATRICIA Q sold $2.17 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, May 2. Blackburn Jeffrey M had sold 12,666 shares worth $18.50 million. The insider Jassy Andrew R sold 1,985 shares worth $2.90 million. Shares for $3.42M were sold by Olsavsky Brian T on Thursday, February 15.

Essex Financial Services Inc, which manages about $2.52B and $420.71M US Long portfolio, decreased its stake in Procter & Gamble Co (NYSE:PG) by 4,319 shares to 79,793 shares, valued at $7.33M in 2017Q4, according to the filing.

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 firm has “Buy” rating by Guggenheim given on Tuesday, January 30. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, June 21 report. On Friday, October 23 the stock rating was maintained by JMP Securities with “Market Outperform”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, April 27 by Susquehanna. RBC Capital Markets maintained the shares of AMZN in report on Thursday, August 10 with “Buy” rating. Piper Jaffray maintained it with “Buy” rating and $120000 target in Monday, June 12 report. The stock has “Buy” rating by Citigroup on Monday, November 28. As per Monday, January 8, the company rating was maintained by Credit Suisse. The company was maintained on Friday, January 5 by Citigroup. The firm has “Buy” rating by UBS given on Monday, July 17.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Nasdaq.com which released: “Macy’s Inc Still Has Room To Run Higher After Strong Quarter” on May 18, 2018, also Seekingalpha.com with their article: “Seattle scales back tax on Amazon” published on May 15, 2018, Seekingalpha.com published: “Amazon Go: Stores Worth Less Than Tech” on May 18, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Pentagon explains single winner for cloud contract” published on May 14, 2018 as well as 247Wallst.com‘s news article titled: “How Amazon Is Saving Sears” with publication date: May 09, 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. Altimeter Capital Mgmt Lp owns 50,780 shares. Wafra Investment Advisory Grp Incorporated Incorporated invested in 0.68% or 12,703 shares. Pillar Pacific Capital Mgmt Limited Liability has 1.57% invested in Amazon.com, Inc. (NASDAQ:AMZN). Jones Collombin Investment Counsel Incorporated invested 1.2% in Amazon.com, Inc. (NASDAQ:AMZN). 1,654 are owned by Redmond Asset Mngmt Ltd. Fincl Advisory Grp Inc has 365 shares. Putnam Fl Investment Comm has 13,368 shares. Sequoia Advisors Lc stated it has 654 shares. Umb Comml Bank N A Mo accumulated 22,189 shares. Stevens First Principles Invest has invested 0.01% in Amazon.com, Inc. (NASDAQ:AMZN). Burt Wealth Advsrs invested in 0.46% or 633 shares. Rothschild Asset Mngmt invested in 0.48% or 39,122 shares. Bell Bancorp invested 0.24% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Impax Asset Ltd Liability invested in 1.74% or 25,939 shares. 406 are owned by Weybosset Research & Ltd Com.

Among 5 analysts covering IntriCon (NASDAQ:IIN), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. IntriCon had 6 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Tuesday, September 22 to “Sell”. The firm has “Buy” rating by FBR Capital given on Wednesday, May 9. The stock of IntriCon Corporation (NASDAQ:IIN) earned “Buy” rating by Dougherty & Company on Friday, February 17. As per Wednesday, April 11, the company rating was initiated by FBR Capital. The stock has “Neutral” rating by Longbow on Friday, August 25.

More notable recent IntriCon Corporation (NASDAQ:IIN) news were published by: Benzinga.com which released: “53 Biggest Movers From Yesterday” on May 09, 2018, also Benzinga.com with their article: “36 Stocks Moving In Tuesday’s Mid-Day Session” published on May 08, 2018, Seekingalpha.com published: “IntriCon Corp’s (IIN) CEO Mark Gorder on Q1 2018 Results – Earnings Call Transcript” on May 08, 2018. More interesting news about IntriCon Corporation (NASDAQ:IIN) were released by: Businesswire.com and their article: “IntriCon Reports 2018 First-Quarter Results” published on May 07, 2018 as well as Investorplace.com‘s news article titled: “Intricon Corp Is a Small Company Rising Quickly” with publication date: May 09, 2018.

Algert Global Llc, which manages about $1.01B and $423.60M US Long portfolio, decreased its stake in Lhc Group Inc (NASDAQ:LHCG) by 15,408 shares to 33,135 shares, valued at $2.03M in 2017Q4, according to the filing. It also reduced its holding in Tronox Ltd (NYSE:TROX) by 40,999 shares in the quarter, leaving it with 61,141 shares, and cut its stake in Primoris Svcs Corp (NASDAQ:PRIM).

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