Wells Fargo Company (WFC) Holder Meritage Portfolio Management Has Lifted Its Holding; As Amazon Com (AMZN) Valuation Rose, Financial Architects Has Raised Stake by $524,198

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Financial Architects Inc increased its stake in Amazon Com Inc (AMZN) by 43.63% based on its latest 2018Q4 regulatory filing with the SEC. Financial Architects Inc bought 349 shares as the company’s stock rose 1.10% with the market. The institutional investor held 1,149 shares of the consumer services company at the end of 2018Q4, valued at $1.73M, up from 800 at the end of the previous reported quarter. Financial Architects Inc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $833.41 billion market cap company. The stock increased 0.35% or $5.87 during the last trading session, reaching $1696.68. About 1.58M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 13.57% since March 14, 2018 and is uptrending. It has outperformed by 9.20% the S&P500. Some Historical AMZN News: 24/05/2018 – The homebuilder’s new homes are Wi-Fi certified, making them perfect showrooms for Amazon’s smart home devices; 15/05/2018 – VIKING REDUCED AMZN, ECA, NTES, NFLX, V IN 1Q: 13F; 07/03/2018 – Amazon Signs Exclusive 2-year Deal With Oscar-winning Filmmaker Kenneth Lonergan — MarketWatch; 14/05/2018 – Amazon adopts new policy to promote board diversity; 08/05/2018 – lnnerScope Hearing Technologies, Inc. Launches eCommerce Store on Amazon.com for its Personal Sound Amplifier Products for the Millions of Amazon Shoppers; 12/03/2018 – Buying IBM, Amazon, Selling DowDuPont, AT&T — Barrons.com; 09/05/2018 – Amazon Sells Alexa’s Smart-Home Technology in Lennar Model Homes; 07/03/2018 – Amazon is showing its commitment to growing its grocery business, accounting experts say; 22/03/2018 – A secret gathering in the desert-hosted by Amazon CEO Jeff Bezos-features geniuses and sci-fi tech; 23/05/2018 – A former ‘Shark Tank’ contestant wants to use Amazon’s Alexa to make interactive children’s books. Via @pkafka:

Meritage Portfolio Management increased its stake in Wells Fargo Company (WFC) by 1221.53% based on its latest 2018Q4 regulatory filing with the SEC. Meritage Portfolio Management bought 58,792 shares as the company’s stock declined 7.80% while stock markets rallied. The institutional investor held 63,605 shares of the major banks company at the end of 2018Q4, valued at $2.93 million, up from 4,813 at the end of the previous reported quarter. Meritage Portfolio Management who had been investing in Wells Fargo Company for a number of months, seems to be bullish on the $230.06B market cap company. The stock increased 1.30% or $0.65 during the last trading session, reaching $50.57. About 7.43 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 12.56% since March 14, 2018 and is downtrending. It has underperformed by 16.93% the S&P500. Some Historical WFC News: 09/05/2018 – Moody’s Assigns Aa1/Vmig 1 To Tender Option Bond Trust (Wells Fargo Liq.) Floater Certificates, Series 2018-XM0638; 20/04/2018 – CFPB’s Wells Fargo Fine is Largest Against a Bank So Far in Trump Administration; 26/03/2018 – Hartford Value Opportunities Cuts Wells Fargo; 11/04/2018 – Wells Fargo Names Dawson Her Many Horses to Serve American Indian/Alaska Native Communities; 27/04/2018 – Norway Oil Fund: Nestle, Facebook and Wells Fargo Made Biggest Negative Contribution; 17/05/2018 – MANTECH INTERNATIONAL CORP MANT.O : WELLS FARGO RAISES TO OUTPERFORM FROM MARKET PERFORM; 08/05/2018 – Goldman, Wells Fargo Looking to Credit Cards for Bigger Returns; 20/04/2018 – FinSrvcsMinority: Waters Statement on Regulators’ Enforcement Action Against Wells Fargo; 26/03/2018 – Wells Fargo thinks it’s time to buy into the sell-off, even with fears over trade wars and rate hikes; 04/05/2018 – Golf-Woods makes cut at Wells Fargo despite putting woes

Meritage Portfolio Management, which manages about $1.31B and $876.42 million US Long portfolio, decreased its stake in Alphabet Inc Cl A by 1,709 shares to 19,150 shares, valued at $20.01 million in 2018Q4, according to the filing. It also reduced its holding in Ishares Russell 1000 Value (IWD) by 64,050 shares in the quarter, leaving it with 33,830 shares, and cut its stake in Amazon Inc (NASDAQ:AMZN).

Investors sentiment decreased to 0.53 in Q4 2018. Its down 0.25, from 0.78 in 2018Q3. It is negative, as 101 investors sold WFC shares while 748 reduced holdings. 113 funds opened positions while 337 raised stakes. 3.41 billion shares or 1.32% less from 3.46 billion shares in 2018Q3 were reported. Palo Inc owns 40,543 shares. Leisure Mgmt holds 0.57% or 13,261 shares in its portfolio. Moreover, Kayne Anderson Rudnick Investment Management Ltd Company has 0% invested in Wells Fargo & Company (NYSE:WFC). Murphy Pohlad Asset Mngmt Limited Liability Company has invested 1.26% of its portfolio in Wells Fargo & Company (NYSE:WFC). Whittier Tru Comm Of Nevada Inc has 301,892 shares for 1.15% of their portfolio. Ipswich Invest Management owns 15,052 shares for 0.25% of their portfolio. 20,948 were reported by Lau Limited Liability. Capital Guardian holds 0.79% or 1.07 million shares in its portfolio. Amp Investors Limited invested in 0.84% or 2.90M shares. North Star Asset Management, Wisconsin-based fund reported 30,323 shares. Forte Lc Adv invested in 0.44% or 22,741 shares. Halsey Assoc Inc Ct accumulated 9,401 shares. Mondrian Inv Prtnrs stated it has 2.54% of its portfolio in Wells Fargo & Company (NYSE:WFC). Gilman Hill Asset Management Ltd invested 0.21% in Wells Fargo & Company (NYSE:WFC). Raab And Moskowitz Asset Mngmt Limited Liability Com owns 5,319 shares.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Investorplace.com which released: “There Still Are so Many Great Reasons to Buy Bank of America Stock – Investorplace.com” on March 13, 2019, also Seekingalpha.com with their article: “Buying Season For A Wells Fargo Preferred – Seeking Alpha” published on December 17, 2018, Seekingalpha.com published: “Banking On Wells Fargo – Seeking Alpha” on January 17, 2019. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Streetinsider.com and their article: “UPDATE: Power Financial is Said to Pursue Wells Fargo (WFC) Retirement Unit – Bloomberg – StreetInsider.com” published on February 12, 2019 as well as Seekingalpha.com‘s news article titled: “Czech Investor’s Diary: Adding Wells Fargo – Seeking Alpha” with publication date: February 11, 2019.

Investors sentiment increased to 1.55 in 2018 Q4. Its up 0.37, from 1.18 in 2018Q3. It is positive, as 93 investors sold AMZN shares while 536 reduced holdings. 184 funds opened positions while 793 raised stakes. 371.97 million shares or 42.70% more from 260.67 million shares in 2018Q3 were reported. Transamerica holds 1 shares. Moreover, Mckinley Mngmt Lc Delaware has 3.48% invested in Amazon.com, Inc. (NASDAQ:AMZN). Blackrock Inc owns 1.96% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 25.81 million shares. Commerzbank Aktiengesellschaft Fi owns 670,083 shares for 10.96% of their portfolio. Miles accumulated 777 shares. Wealth Planning Ltd stated it has 0.16% in Amazon.com, Inc. (NASDAQ:AMZN). Ledyard Financial Bank stated it has 1.42% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Harvest Capital accumulated 0.19% or 345 shares. Shamrock Asset Mgmt Ltd Com invested in 69 shares. Motley Fool Asset Mngmt Ltd Com reported 4.54% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Badgley Phelps & Bell Inc has 23,563 shares. Meritage Management holds 2.74% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 15,989 shares. Woodstock holds 0.04% or 145 shares. First Midwest Bancorporation Division reported 0.47% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Friess Associates Lc, Wyoming-based fund reported 18,121 shares.

Since October 29, 2018, it had 0 insider buys, and 10 insider sales for $50.29 million activity. 1,929 shares valued at $3.02M were sold by Zapolsky David on Thursday, November 15. 1,230 shares were sold by WILKE JEFFREY A, worth $1.85 million. BEZOS JEFFREY P sold $5.31M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Monday, October 29. Shares for $3.22M were sold by Blackburn Jeffrey M. The insider Jassy Andrew R sold $2.70M. On Thursday, November 15 the insider Reynolds Shelley sold $687,447.

Financial Architects Inc, which manages about $521.82M US Long portfolio, decreased its stake in Netflix Inc (NASDAQ:NFLX) by 1,548 shares to 1,452 shares, valued at $389,000 in 2018Q4, according to the filing. It also reduced its holding in Illumina Inc (NASDAQ:ILMN) by 1,358 shares in the quarter, leaving it with 142 shares, and cut its stake in Schwab Strategic Tr (FNDC).

Wells Fargo & Company (NYSE:WFC) Institutional Positions Chart