Apple INC (AAPL) Share Price Rose While Penn Davis Mcfarland INC Has Lowered by $5.93 Million Its Position

September 16, 2018 - By Dolores Ford

Apple Inc. (NASDAQ:AAPL) LogoInvestors sentiment increased to 0.71 in 2018 Q2. Its up 0.02, from 0.69 in 2018Q1. It increased, as 57 investors sold AAPL shares while 1002 reduced holdings. 132 funds opened positions while 622 raised stakes. 2.77 billion shares or 3.26% less from 2.86 billion shares in 2018Q1 were reported. Timessquare Limited Co has invested 0.1% of its portfolio in Apple Inc. (NASDAQ:AAPL). Boys Arnold & Co invested in 212,491 shares. Halbert Hargrove Russell Ltd Liability has invested 0.74% in Apple Inc. (NASDAQ:AAPL). First Natl Bank owns 63,657 shares. Aristotle Mgmt Ltd Liability Co stated it has 2,800 shares. Harris Lp reported 3.71 million shares. State Of Wisconsin Board stated it has 5.89M shares or 3.13% of all its holdings. 14,984 are owned by Sawgrass Asset Management Llc. Tompkins Financial Corporation holds 2.7% or 67,656 shares. Avenir reported 1.84% stake. Sprott reported 2.6% in Apple Inc. (NASDAQ:AAPL). Burt Wealth Advisors holds 0.71% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 7,957 shares. Nelson Van Denburg Campbell Wealth Mgmt Grp Ltd Liability Corp invested in 29,681 shares or 1.23% of the stock. Peconic has 0.32% invested in Apple Inc. (NASDAQ:AAPL) for 9,550 shares. Horrell Capital has invested 0.22% in Apple Inc. (NASDAQ:AAPL).

Since April 3, 2018, it had 0 buys, and 13 insider sales for $52.58 million activity. The insider KONDO CHRIS sold $910,129. Shares for $6.83M were sold by Maestri Luca on Thursday, April 12. 15,653 shares were sold by WILLIAMS JEFFREY E, worth $2.90M. Riccio Daniel J. sold $3.26 million worth of stock or 17,372 shares. SCHILLER PHILIP W sold $11.56M worth of stock or 69,491 shares. The insider Srouji Johny sold $2.81M.

Penn Davis Mcfarland Inc decreased its stake in Apple Inc. (AAPL) by 29.63% based on its latest 2018Q2 regulatory filing with the SEC. Penn Davis Mcfarland Inc sold 32,074 shares as the company’s stock rose 15.93% with the market. The institutional investor held 76,164 shares of the computer manufacturing company at the end of 2018Q2, valued at $14.10 million, down from 108,238 at the end of the previous reported quarter. Penn Davis Mcfarland Inc who had been investing in Apple Inc. for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 1.14% or $2.57 during the last trading session, reaching $223.84. About 32.00M shares traded or 20.57% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 37.43% since September 16, 2017 and is uptrending. It has outperformed by 21.81% the S&P500.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on November, 1. They expect $2.75 EPS, up 32.85 % or $0.68 from last year’s $2.07 per share. After $2.34 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 17.52 % EPS growth.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Techcrunch.com which released: “Here’s how Apple’s stock fared during today’s big hardware event” on September 12, 2018, also Nasdaq.com with their article: “Apple (AAPL) Gains As Market Dips: What You Should Know” published on August 23, 2018, Seekingalpha.com published: “Stocks To Watch: Oracle Looks To Lift Tech Sector” on September 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Benzinga.com and their article: “IRhythm Still Kicking After Shock Of Apple Competition” published on September 13, 2018 as well as Nasdaq.com‘s news article titled: “Friday Apple Rumors: iPhone XS Max Shipping Times Are Falling Behind” with publication date: September 15, 2018.

Apple Inc. (NASDAQ:AAPL) Ratings Coverage

Among 23 analysts covering Apple Inc (NASDAQ:AAPL), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Apple Inc had 50 analyst reports since March 21, 2018 according to SRatingsIntel. Bank of America maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, May 23 with “Buy” rating. Bank of America maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, April 3 with “Buy” rating. The firm earned “Market Perform” rating on Wednesday, May 2 by BMO Capital Markets. The rating was maintained by UBS with “Buy” on Wednesday, May 2. The firm has “Buy” rating given on Thursday, April 5 by Citigroup. Guggenheim maintained Apple Inc. (NASDAQ:AAPL) rating on Tuesday, June 5. Guggenheim has “Buy” rating and $21500 target. As per Wednesday, May 2, the company rating was maintained by Robert W. Baird. Argus Research maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, June 8. Argus Research has “Buy” rating and $225 target. The firm has “Equal-Weight” rating given on Monday, April 30 by Barclays Capital. The firm has “Hold” rating given on Wednesday, May 2 by KeyBanc Capital Markets.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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