19 May, 2017
The mean target of $158.00 should be compared with the price when the stock was languishing around $89.78 a share. The institutional investor held 687,542 shares of the prepackaged software company at the end of 2016Q4, valued at $42.72M, up from 115,986 at the end of the previous reported quarter.
Adams Express Company decreased Apple Inc (AAPL) stake by 17.33% reported in 2016Q4 SEC filing. Bailard Inc. now owns 181,502 shares of the iPhone maker's stock valued at $20,519,000 after buying an additional 34,162 shares during the last quarter. Stock traders acquired 630,000 call options on the company. Apple Inc. now has $782.22B valuation. It has by 0.00% the S&P500. Shareholders of record on Monday, May 15th were given a dividend of $0.63 per share. Its up 0.11, from 0.84 in 2016Q3. Another trade for 75,000 shares valued at $11.10M was made by AHRENDTS ANGELA J on Thursday, May 4.
Several hedge funds have recently made changes to their positions in AAPL. Apple accounts for 1.5% of Janus Capital Management LLC's portfolio, making the stock its 3rd largest position. Moreover, Macroview Investment Management Llc has 0.04% invested in the company for 400 shares. (NASDAQ:AAPL). United Asset Strategies Inc holds 4.44% or 117,655 shares in its portfolio. Eagle Asset Inc, a Florida-based fund reported 3.27 million shares.
Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Tuesday, May 2nd. (NASDAQ:AAPL) rating on Thursday, June 2. Greystone Investment Management Ltd Liability Corp holds 1.73% or 28,685 shares. (NASDAQ:AAPL). Cranbrook Wealth Management has invested 0.02% of its portfolio in Apple Inc. Fred Durham right now holds 2.31 million shares or 14.04% of Cafepress Inc's market cap. Brave Asset Mgmt Inc accumulated 30,793 shares. Pinebridge Invs Limited Partnership holds 0% or 794 shares in its portfolio. National Planning owns 171,046 shares for 1.71% of their portfolio. Chickasaw Mngmt has 0.29% invested in Apple Inc. Azimuth Capital Mngmt Lc invested in 1.48% or 149,560 shares.
Since December 9, 2016, it had 0 insider buys, and 27 insider sales for $140.37 million activity.
The target price for Apple Inc. (NASDAQ:AAPL) was sold by SEWELL D BRUCE. The share price is trading in a range of $149.71 - 154.57. JUNG ANDREA had sold 100,000 shares worth $12.81 million. BROD FRANK H also sold $490,125 worth of Microsoft Corporation (NASDAQ:MSFT) on Monday, January 30. Among which 6 performing investment advisory and research functions. Maxim Group analysts stated on 03/05/2017 that they maintained their Buy rating. Armstrong World Industries had 19 analyst reports since July 31, 2015 according to SRatingsIntel.
Analysts expect Seneca Foods Corp (NASDAQ:SENEA) to report $0.00 EPS on June, 14.
On 4/6/2017 Daniel J Riccio, Insider, sold 11,949 with an average share price of $143.98 per share and the total transaction amounting to $1,720,417.02. The iPhone maker reported $2.10 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.02 by $0.08.
Media headlines about Apple (NASDAQ:AAPL) have trended somewhat negative on Friday, according to AlphaOne Sentiment. Apple now has an average rating of "Buy" and a consensus price target of $156.06. Won't Buy" published on May 15, 2017 as well as Seekingalpha.com's news article titled: "Apple: "Sell In May And Go Away?" with publication date: "May 16, 2017. Equities analysts predict that Apple Inc. will post $8.94 earnings per share for the current year.
Apple (NASDAQ:AAPL) pays an annual dividend of 8 Hold Ratings, 39 Buy Ratings, 1 Strong Buy Rating with a yield of 1.52% and an average dividend growth of 9.80% based on a 3 Year Average. Therefore 82% are positive.
Apple Inc. has a 52 week low of $91.50 and a 52 week high of $156.65. $63.36's average target is -6.11% below currents $67.48 stock price. The stock has "Buy" rating by Goldman Sachs on Wednesday, October 12. The stock has "Overweight" rating by Barclays Capital on Wednesday, October 26. Pacific Crest maintained Apple Inc. The firm has "Overweight" rating by CapitalOne given on Wednesday, January 25. Furthermore on 3/24/17 Nomura "Maintained" the stock to Buy at $165. The rating was downgraded by Needham to "Buy" on Friday, March 24. The company was maintained on Friday, September 11 by Bernstein.
On 4/5/2017 Luca Maestri, Insider, sold 20,307 with an average share price of $145.05 per share and the total transaction amounting to $2,945,530.35. Oppenheimer maintained Apple Inc.
To stay one step ahead we extended our research by comparing different price targets.
Market Capitalization can be thought of as the overall price to buy the company.
Receive Apple Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple Inc. with MarketBeat.com's FREE daily email newsletter.
