Friess Associates LLC Takes Position in Apple Inc. (AAPL)

Jay Anderson
May 19, 2017

It has by 0.00% the S&P500.

Adams Express Company decreased Apple Inc (AAPL) stake by 17.33% reported in 2016Q4 SEC filing. Muhlenkamp & Co Inc bought 147,281 shares as the company's stock 0.00%. The Artemis Investment Management Llp holds 199,883 shares with $14.24M value, down from 925,063 last quarter.

By historical standards, Apple Inc. remains a cheap stock. The stock declined 0.02% or $0.01 reaching $59.97 per share. About 64,157 shares traded. Following the transaction, the insider now directly owns 98,012 shares in the company, valued at approximately $13,365,896.44. It also reduced its holding in Ingersoll (NYSE:IR) by 333,507 shares in the quarter, leaving it with 21,463 shares, and cut its stake in Kansas City Southern (NYSE:KSU). Past 5 years growth of Apple Inc (NASDAQ:AAPL) observed at 11.36%, looking forward for the next 5 years it has a strong prediction of 11.07% over growth.

Investors sentiment increased to 0.95 in Q4 2016.

The firm believes if this year's cycle could be half as good as the iPhone 6 in terms of incremental units, it would mean an additional $0.50 of FY2018 EPS versus its model. 123 funds opened positions while 723 raised stakes. Bollard Group Limited Com owns 23,516 shares or 0.18% of their United States portfolio. Gabelli Funds Lc stated it has 477,210 shares. Vision Mngmt holds 6.19% of its portfolio in Apple Inc. (AAPL) is its Earnings per Share or EPS. Another trade for 30,000 shares valued at $3.60M was made by COOK TIMOTHY D on Friday, January 20. Ithaka Group Ltd Liability Com has 0.08% invested in Apple Inc. Finally, Waratah Capital Advisors Ltd. bought a new stake in shares of Apple during the fourth quarter valued at about $8,304,000. Bridgecreek Invest Mngmt Ltd Liability Company owns 97,934 shares or 3.2% of their U.S. portfolio. Prudential Public Ltd Company has invested 1.65% in Apple Inc. Waddell Reed Financial holds 0.66% in Apple Inc. (NASDAQ:AAPL). Keystone Fincl Planning reported 12,126 shares. Delta Lloyd Nv invested in 664,041 shares. Cullen Frost Bankers has 2.43% invested in Apple Inc. Diamond Hill Cap reported 2.60 million shares. Chickasaw Mngmt has 0.29% invested in Apple Inc.

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Since December 9, 2016, it had 0 insider buys, and 27 selling transactions for $140.37 million activity. $3.60 million worth of Apple Inc. 2,649 shares were sold by KONDO CHRIS, worth $339,204 on Thursday, February 2. Riccio Daniel J. sold $1.31 million worth of stock.

Apple Inc. has a 12-month low of $91.50 and a 12-month high of $156.65. (NASDAQ:AAPL) on Tuesday, May 9. $237,860 worth of stock was sold by CHAZEN STEPHEN I on Tuesday, May 2. (NASDAQ:AAPL) shares were sold by Srouji Johny. Equities research analysts anticipate that Apple Inc. will post $8.94 EPS for the current year. Nine research analysts have rated the stock with a hold rating, forty-one have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 84% are positive. Microsoft Corporation had 75 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has "Overweight" rating by CapitalOne given on Wednesday, January 25.

Kingfisher Capital Llc decreased Apple Inc. As per Friday, September 11, the company rating was maintained by Wells Fargo. The rating was downgraded by Daiwa Securities to "Outperform" on Tuesday, August 2. Finally, Cowen and Company reissued an "outperform" rating and issued a $155.00 target price (up previously from $135.00) on shares of Apple in a research note on Thursday, March 16th. RBC Capital Markets maintained the stock with "Buy" rating in Friday, September 4 report. The original version of this news story can be read at The stock of Apple Inc. (NASDAQ:AAPL). At the time of writing, the First Call consensus price target for the company is $152.96. The stock has "Neutral" rating by Bank of America on Wednesday, August 5. (NASDAQ:AAPL) for 5.57 million shares. S&Co Inc sold 40,617 shares as Citigroup Inc (New) (C)'s stock 0.00%. AAPL's profit will be $8.19 billion for 24.29 P/E if the $1.57 EPS becomes a reality. Its down 0.03, from 0.82 in 2016Q3. It is positive, as 4 investors sold Seneca Foods Corp shares while 27 reduced holdings. Ltd. boosted its stake in shares of Apple by 0.5% in the third quarter. Metropolitan Life Insur holds 2.39% or 2.87M shares. Thompson Siegel & Walmsley Limited holds 158,774 shares or 0.24% of its portfolio. Icon Advisers holds 108,710 shares. They expect $1.57 EPS, up 10.56% or $0.15 from last year's $1.42 per share.

Mig Capital Llc increased Chipotle Mexican Grill Inc (NYSE:CMG) stake by 35,100 shares to 99,100 valued at $37.39M in 2016Q4. Strs Ohio has 0% invested in Seneca Foods Corp (NASDAQ:SENEA). Shareholders of record on Monday, May 15th will be issued a dividend of $0.63 per share. Amica Mutual Insurance Co holds 274,725 shares or 2.84% of its portfolio.

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