Vantage Investment Advisors Has Lifted Amazon (AMZN) Position; Gentex (GNTX) Shorts Decreased By 7.04%

June 14, 2018 - By Vivian Currie

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

Gentex Corporation (NASDAQ:GNTX) had a decrease of 7.04% in short interest. GNTX’s SI was 9.11M shares in June as released by FINRA. Its down 7.04% from 9.81M shares previously. With 1.52 million avg volume, 6 days are for Gentex Corporation (NASDAQ:GNTX)’s short sellers to cover GNTX’s short positions. The SI to Gentex Corporation’s float is 3.28%. The stock increased 0.40% or $0.1 during the last trading session, reaching $25.21. About 611,601 shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 23.70% since June 14, 2017 and is uptrending. It has outperformed by 11.13% the S&P500. Some Historical GNTX News: ; 16/03/2018 – DEEP ECO: Gentex Revenue May Benefit, Industry Up This Quarter; 20/04/2018 – GENTEX 1Q EPS 40C, EST. 40C; 09/03/2018 – GENTEX – DIVIDEND INCREASE OF 10 PCT TO $.44 PER SHARE ANNUALLY IS NOW EFFECTIVE; 20/04/2018 – Gentex $GNTX and Caesarstone $CSTE and Mercury $MRCY are all the same scheme, focus on inventory and gross margins. We took a closer look into $MRCY and its inventory (and obligations) vs. NTM backlog; 20/04/2018 – Gentex 1Q Net $111.3M; 20/04/2018 – GENTEX CORP – LIGHT VEHICLE PRODUCTION FOR THE REMAINDER OF 2018 IS CURRENTLY FORECASTED TO IMPROVE, ESPECIALLY IN SECOND HALF OF THE YEAR; 08/05/2018 – Gentex at Wells Fargo Industrials Conference Tomorrow; 20/04/2018 – GENTEX CORP – QTRLY NET SALES $465.4 MLN VS $453.5 MLN; 09/03/2018 – Gentex Targeted Share Repurchase Authorization of Approximately $425 million for Calendar Year 2018; 09/03/2018 – GENTEX TARGETS SHARE BUYBACK OF ABOUT $425M FOR CALENDAR YEAR

Vantage Investment Advisors Llc increased Amazon (AMZN) stake by 58.03% reported in 2018Q1 SEC filing. Vantage Investment Advisors Llc acquired 1,482 shares as Amazon (AMZN)’s stock rose 5.80%. The Vantage Investment Advisors Llc holds 4,036 shares with $5.84M value, up from 2,554 last quarter. Amazon now has $834.58 billion valuation. The stock increased 0.89% or $15.11 during the last trading session, reaching $1719.97. About 2.37 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: ; 05/03/2018 – Sources tell the Journal that while a final product could include an Amazon-branded account, it would not involve Amazon becoming a bank; 02/05/2018 – Both sides of the American political spectrum now have their sights set on Amazon; 05/04/2018 – Patrick Howell O’Neill: Sources: at a private dinner with Trump last night, Oracle CEO criticized the bidding process for a big; 22/03/2018 – Whole Foods Is Losing Executives Under New Owner Amazon; 31/05/2018 – Amazon cuts Australia from its US site to avoid sales import tax; 13/03/2018 – Amazon will be a ‘major disruptive force’ to live sports rights in the next few years; 19/04/2018 – Amazon is expected to make a big leap in the apparel market this year, surpassing Walmart; 30/04/2018 – Jeff Bezos won’t call a meeting or even go to a meeting if 2 pizzas wouldn’t feed the entire group; 05/03/2018 – Business Insider: These are the top 5 contenders for Amazon’s HQ2, according to Bank of America; 25/04/2018 – Mint: Flipkart-Walmart deal on track, but Amazon remains a contender

Since January 29, 2018, it had 0 buys, and 9 insider sales for $24.82 million activity. Ryan Scott P sold $170,823 worth of stock. 26,000 Gentex Corporation (NASDAQ:GNTX) shares with value of $611,341 were sold by MULDER JOHN A. $22.07M worth of Gentex Corporation (NASDAQ:GNTX) was sold by BAUER FRED. Wallace James H had sold 12,000 shares worth $280,776 on Tuesday, January 30. Hoekstra Peter had sold 47,000 shares worth $1.11 million on Monday, January 29. Nash Kevin C sold 7,874 shares worth $184,282. $91,665 worth of Gentex Corporation (NASDAQ:GNTX) was sold by SOTOK FREDERICK A.

Among 8 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Gentex Corp had 26 analyst reports since October 20, 2015 according to SRatingsIntel. Susquehanna maintained the shares of GNTX in report on Wednesday, March 14 with “Hold” rating. Robert W. Baird downgraded the stock to “Neutral” rating in Wednesday, January 27 report. The stock of Gentex Corporation (NASDAQ:GNTX) has “Buy” rating given on Thursday, February 22 by FBR Capital. On Monday, December 19 the stock rating was initiated by Susquehanna with “Neutral”. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Buy” rating by KeyBanc Capital Markets on Thursday, October 12. The company was downgraded on Tuesday, January 23 by Robert W. Baird. As per Monday, July 24, the company rating was downgraded by Craig Hallum. The firm has “Buy” rating by FBR Capital given on Wednesday, July 19. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, November 13. As per Sunday, April 22, the company rating was maintained by Susquehanna.

Gentex Corporation designs, develops, makes, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide. The company has market cap of $6.90 billion. It offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers. It has a 17.88 P/E ratio. The firm also provides photoelectric smoke detectors and alarms, audible and visual signaling alarms, photoelectric smoke detectors and electrochemical carbon monoxide alarms, electrochemical carbon monoxide detectors and alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial and residential establishments.

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.05, from 0.88 in 2017Q4. It dived, as 30 investors sold Gentex Corporation shares while 154 reduced holdings. 52 funds opened positions while 100 raised stakes. 219.99 million shares or 0.26% more from 219.42 million shares in 2017Q4 were reported. Cipher Limited Partnership has invested 0.07% in Gentex Corporation (NASDAQ:GNTX). Point72 Asia (Hong Kong) Ltd invested in 2,994 shares. Hsbc Pcl holds 0.01% or 227,480 shares. Laurion Capital Mngmt Ltd Partnership owns 44,930 shares. Keybank National Association Oh has 0% invested in Gentex Corporation (NASDAQ:GNTX) for 14,307 shares. Comerica Financial Bank stated it has 261,190 shares. Teacher Retirement Of Texas reported 62,846 shares. Blackrock reported 24.03M shares. Artisan Prns L P stated it has 6.43M shares. Riverbridge Lc invested in 2.14% or 5.08M shares. Etrade Management Lc owns 31,591 shares. California State Teachers Retirement Sys holds 437,534 shares or 0.02% of its portfolio. Aperio Gp holds 0.01% or 84,014 shares. Ubs Asset Management Americas stated it has 366,662 shares or 0% of all its holdings. Qs Invsts Ltd reported 10,372 shares stake.

Another recent and important Gentex Corporation (NASDAQ:GNTX) news was published by Globenewswire.com which published an article titled: “Jaguar Land Rover Honors Gentex for Supplier Excellence” on June 14, 2018.

Since February 15, 2018, it had 0 buys, and 21 insider sales for $63.19 million activity. $1.01 million worth of stock was sold by ALBERG TOM A on Wednesday, February 21. Jassy Andrew R also sold $2.72 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. 250 shares were sold by WILKE JEFFREY A, worth $387,475. The insider Blackburn Jeffrey M sold 12,666 shares worth $18.50 million. Shares for $3.42 million were sold by Olsavsky Brian T. The insider Reynolds Shelley sold $686,439. Shares for $2.17 million were sold by STONESIFER PATRICIA Q.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 304 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Wednesday, November 11 with “Overweight”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, October 27 by Monness. As per Friday, February 2, the company rating was maintained by SunTrust. The rating was maintained by J.P. Morgan with “Buy” on Wednesday, May 31. The firm earned “Buy” rating on Thursday, September 21 by Argus Research. RBC Capital Markets maintained it with “Outperform” rating and $705 target in Friday, September 11 report. The company was maintained on Tuesday, December 1 by Barclays Capital. As per Friday, February 3, the company rating was maintained by RBC Capital Markets. The rating was maintained by Deutsche Bank on Friday, April 27 with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Thursday, December 7.

Vantage Investment Advisors Llc decreased Walt Disney (NYSE:DIS) stake by 5,695 shares to 61,913 valued at $6.22M in 2018Q1. It also reduced Ishares Tips Bond Etf (TIP) stake by 96,530 shares and now owns 1,851 shares. Visa (NYSE:V) was reduced too.

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. First Republic Investment Mgmt owns 118,933 shares for 1.36% of their portfolio. New Mexico Educational Retirement Board, New Mexico-based fund reported 38,165 shares. Family Corporation owns 4.11% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 3,781 shares. Vigilant Cap Ltd Liability Company holds 2.64% or 12,800 shares. Btim has 931 shares for 0.02% of their portfolio. Moreover, Chilton Llc has 2.33% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 16,133 shares. Holt Cap Ltd Liability Corp Dba Holt Cap Prtnrs Limited Partnership accumulated 0.24% or 544 shares. Blume Capital Inc stated it has 0.6% in Amazon.com, Inc. (NASDAQ:AMZN). King Luther Capital holds 3.27% or 270,264 shares. Macquarie Gp Ltd has invested 0.26% in Amazon.com, Inc. (NASDAQ:AMZN). Wall Street Access Asset accumulated 553 shares. Laurion Cap Mgmt Ltd Partnership invested in 2,151 shares or 0.03% of the stock. The California-based Partner Fund Management Lp has invested 0.91% in Amazon.com, Inc. (NASDAQ:AMZN). 1,029 were reported by Chilton Inv Ltd. Bbr Prtn Ltd Llc reported 2,163 shares stake.

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: “Amazon makes a beauty move in Brazil” published on June 14, 2018, Seekingalpha.com published: “Seattle council repeals ‘head tax'” 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: “Microsoft Corporation and Cloud Kings Become Chip Giants” with publication date: June 13, 2018.

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

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