An Insider Kevin Yeaman Unloaded 68548 shares of Dolby Laboratories, Inc. (DLB); Cs Mckee LP Has Decreased Its Apple (AAPL) Holding

February 14, 2018 - By Adrian Erickson

Cs Mckee Lp decreased Apple (AAPL) stake by 6.75% reported in 2017Q3 SEC filing. Cs Mckee Lp sold 25,385 shares as Apple (AAPL)’s stock rose 12.78%. The Cs Mckee Lp holds 350,830 shares with $54.07M value, down from 376,215 last quarter. Apple now has $833.86B valuation. The stock increased 1.00% or $1.63 during the last trading session, reaching $164.34. About 32.55 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Dolby Laboratories Inc President and CEO and an insider Kevin Yeaman in the last few days sold 68,548 company shares amounting to $4,089,752 at an average price per share of $59.7. He also sold 100,000 shares worth about $6,232,929 USD in the last 30 days. Currently, Mr. Kevin, has 177,723 shares, which accounts for 0.17% of the company’s market capitalization.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It improved, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Hudock Capital Ltd Liability holds 0.79% or 10,978 shares. Auxier Asset Mgmt invested in 0.24% or 7,755 shares. Sterling Investment reported 5.15% stake. Wharton Business Ltd Liability Co reported 2.58% in Apple Inc. (NASDAQ:AAPL). Tributary Capital Management Lc has invested 0.2% of its portfolio in Apple Inc. (NASDAQ:AAPL). Vantage Invest Advsr Llc holds 86,722 shares or 3.44% of its portfolio. Freestone Capital Holdings Ltd Llc accumulated 1.9% or 172,842 shares. 33,246 are owned by Cognios Cap Ltd Liability Corporation. Riverhead Mgmt Llc stated it has 1.28% of its portfolio in Apple Inc. (NASDAQ:AAPL). Orca Investment Mngmt Ltd Limited Liability Company accumulated 23,556 shares. Thompson Siegel & Walmsley Ltd Liability holds 141,332 shares or 0.26% of its portfolio. Hartwell J M Limited Partnership has 82,550 shares for 2.49% of their portfolio. Waverton reported 7.14% in Apple Inc. (NASDAQ:AAPL). Hardman Johnston Global Lc has 1.68% invested in Apple Inc. (NASDAQ:AAPL) for 256,084 shares. Numeric Invsts Lc invested in 1.54% or 1.30M shares.

Since August 15, 2017, it had 0 buys, and 7 sales for $70.47 million activity. The insider Riccio Daniel J. sold $2.42 million. $9.78 million worth of stock was sold by AHRENDTS ANGELA J on Tuesday, October 3. Srouji Johny sold 10,469 shares worth $1.70M. 56,808 shares were sold by SCHILLER PHILIP W, worth $8.79M. COOK TIMOTHY D also sold $43.15 million worth of Apple Inc. (NASDAQ:AAPL) on Thursday, August 24. On Tuesday, August 15 KONDO CHRIS sold $1.01M worth of Apple Inc. (NASDAQ:AAPL) or 6,209 shares.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 17 Hold. Therefore 66% are positive. Apple Inc. had 377 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Friday, January 20 by Macquarie Research. The firm has “Neutral” rating given on Wednesday, January 6 by Rosenblatt. As per Thursday, December 17, the company rating was maintained by RBC Capital Markets. The rating was maintained by Bank of America on Thursday, January 19 with “Buy”. The firm earned “Buy” rating on Wednesday, August 2 by UBS. BTIG Research maintained Apple Inc. (NASDAQ:AAPL) rating on Tuesday, February 13. BTIG Research has “Buy” rating and $198.0 target. The stock has “Buy” rating by UBS on Wednesday, October 12. Barclays Capital maintained Apple Inc. (NASDAQ:AAPL) on Friday, October 13 with “Equal-Weight” rating. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by FBR Capital on Friday, August 7. Hilliard Lyons downgraded the shares of AAPL in report on Thursday, October 27 to “Long-Term Buy” rating.

Among 6 analysts covering Dolby Laboratories (NYSE:DLB), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Dolby Laboratories has $70 highest and $38 lowest target. $62.42’s average target is -0.16% below currents $62.52 stock price. Dolby Laboratories had 17 analyst reports since October 22, 2015 according to SRatingsIntel. B. Riley & Co maintained Dolby Laboratories, Inc. (NYSE:DLB) rating on Friday, August 18. B. Riley & Co has “Buy” rating and $61.5 target. B. Riley & Co maintained it with “Neutral” rating and $41 target in Thursday, October 22 report. Piper Jaffray maintained the shares of DLB in report on Monday, January 22 with “Hold” rating. B. Riley & Co maintained the stock with “Buy” rating in Thursday, October 26 report. The rating was maintained by Piper Jaffray on Friday, July 14 with “Hold”. The rating was maintained by B. Riley & Co with “Buy” on Thursday, October 19. As per Thursday, January 28, the company rating was upgraded by Dougherty & Company. The stock of Dolby Laboratories, Inc. (NYSE:DLB) has “Hold” rating given on Thursday, January 25 by FBR Capital. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Neutral” rating by JP Morgan on Friday, April 8. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Hold” rating by Piper Jaffray on Wednesday, July 26.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.43, from 1.47 in 2017Q2. It turned negative, as 28 investors sold Dolby Laboratories, Inc. shares while 71 reduced holdings. 33 funds opened positions while 70 raised stakes. 52.63 million shares or 2.95% more from 51.12 million shares in 2017Q2 were reported. Clearbridge Invests Lc stated it has 0.35% in Dolby Laboratories, Inc. (NYSE:DLB). Conestoga Cap Limited Liability Corporation owns 6,293 shares for 0.02% of their portfolio. 101,623 are owned by Eagle Asset Mngmt. Amalgamated National Bank accumulated 9,896 shares. Polar Asset Ptnrs accumulated 416,317 shares. Ubs Asset Mngmt Americas Inc reported 57,442 shares. Marshall Wace Ltd Liability Partnership has invested 0.02% in Dolby Laboratories, Inc. (NYSE:DLB). First Manhattan Com reported 27 shares or 0% of all its holdings. Alliancebernstein Limited Partnership, New York-based fund reported 1.23 million shares. Gabelli Funds Ltd Liability Corporation holds 79,000 shares. San Francisco Sentry Grp Incorporated (Ca) holds 120 shares. Timucuan Asset Management Incorporated Fl reported 1.21M shares. Highbridge Cap Limited Liability Com reported 0% stake. Moreover, Diversified Strategies Ltd Co has 3.65% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 65,725 shares. Moreover, California Employees Retirement Sys has 0.02% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 189,521 shares.

The stock increased 0.13% or $0.08 during the last trading session, reaching $62.52. About 462,133 shares traded or 25.43% up from the average. Dolby Laboratories, Inc. (NYSE:DLB) has risen 14.35% since February 14, 2017 and is uptrending. It has underperformed by 2.35% the S&P500.

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices. The company has market cap of $6.47 billion. The firm develops and licenses its audio technologies, including Dolby Digital Plus for digital television, mobile, and Internet services; Dolby Digital, a digital audio coding technology that provides multichannel sound in the home; and AAC & HE-AAC, an audio coding technologies used to broadcast, download, and streaming content. It has a 96.93 P/E ratio. The Company’s audio technologies also comprise Dolby TrueHD, an audio coding technology for content providers; Dolby Atmos, an object-oriented audio technology for home theaters, device speakers, and headphones; Dolby AC-4, a digital audio coding system that addresses the current and future needs of broadcast and streaming entertainment services; Dolby Voice, an audio conferencing technology; and Dolby Vision, an imaging technology for cinema, digital television, and other consumer devices, as well as HEVC, a digital video codec with higher bandwidth efficiency used in a range of media devices.

Since August 15, 2017, it had 0 insider purchases, and 21 selling transactions for $46.03 million activity. 5,233 shares valued at $325,024 were sold by JASPER N WILLIAM JR on Tuesday, February 6. On Wednesday, September 13 the insider YEAMAN KEVIN J sold $2.54 million. SHERMAN MARK ANDREW also sold $5.10M worth of Dolby Laboratories, Inc. (NYSE:DLB) on Wednesday, February 7. 100,000 Dolby Laboratories, Inc. (NYSE:DLB) shares with value of $4.88 million were sold by Dolby Dagmar. 5,233 shares were sold by GOTCHER PETER C, worth $325,049. $162,256 worth of Dolby Laboratories, Inc. (NYSE:DLB) shares were sold by DONATIELLO NICHOLAS JR. TEVANIAN AVADIS sold 2,617 shares worth $162,344.

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