Wedgewood Partners INC Has Lowered Its Apple (AAPL) Stake as Stock Rose

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29 August, 2017

Td Asset Management Inc acquired 18,875 shares as Apple Inc (AAPL)'s stock rose 12.78%. The hedge fund run by Michael Thompson held 50,000 shares of the consumer services company at the end of 2016Q4, valued at $1.01 million, down from 137,650 at the end of the previous reported quarter. Wedgewood Partners Inc who had been investing in Apple for a number of months, seems to be less bullish one the $831.23 billion market cap company. About 820 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since August 29, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Knightsbridge Asset Management Llc increased Apple Inc (AAPL) stake by 5.12% reported in 2016Q4 SEC filing. Grisanti Capital Management Llc sold 12,020 shares as Apple Inc (AAPL)'s stock rose 12.78%. The Corda Investment Management Llc holds 31,429 shares with $3.64M value, up from 15,973 last quarter.

The stock decreased 1.16% or $0.78 during the last trading session, reaching $66.71. About 228,197 shares traded. $11.10M worth of Apple Inc. (NASDAQ:AAPL) for 235,768 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 1.87 million shares. 4,757 shares were sold by Maestri Luca, worth $735,898 on Friday, June 2. (NYSE:JPM) by 29,165 shares to 264,206 shares, valued at $22.80M in 2016Q4, according to the filing. Moreover, Rbo & Ltd Liability has 2.97% invested in Apple Inc. (NASDAQ:AAPL) for 65,700 shares.

Investors sentiment increased to 0.68 in 2016 Q4. Its down 0.03, from 0.82 in 2016Q3.

The most recent non open market insider trade was completed by KONDO CHRIS on 08/15/2017, and was a disposition of 340 shares with a final price of $161.6. 36,627 were accumulated by Guardian Investment Mgmt. Fourpoints Investment Managers S.A.S., a New York-based fund reported 35,000 shares. Orca Investment Lc owns 14,047 shares or 1.59% of their United States portfolio. On Monday, May 22 Srouji Johny sold $1.53M worth of Apple Inc. (NASDAQ:AAPL) for 8,470 shares. Sol Capital Management owns 34,816 shares. 22,647 were reported by Cap Impact Ltd Limited Liability Company. Newfocus Financial Grp Inc Lc accumulated 82,216 shares. Vista Capital Prtnrs holds 4,587 shares or 0.14% of its portfolio. Grimes And Inc reported 120,178 shares or 1.61% of all its holdings. (NASDAQ:AAPL) earned "Buy" rating by Macquarie Research on Tuesday, September 1. Northstar Asset Mgmt Ltd invested 3.66% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 207,275 shares.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 342.2 million shares, BLACKROCK INC. with 313.37 million shares, STATE STREET CORP with 212.36 million shares, FMR LLC with 157.17 million shares, and BERKSHIRE HATHAWAY INC with 130.19 million shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest holds 506,300 shares. (NASDAQ:AAPL). Next holds 0% or 137,366 shares in its portfolio. Potash Corp Sask Inc Com (NYSE:POT) was reduced too.

Insider Trading Activity for Apple Inc. Therefore 77% are positive. W.R. Berkley had 12 analyst reports since July 28, 2015 according to SRatingsIntel. More interesting news about Apple Inc. The firm earned "Buy" rating on Friday, August 7 by FBR Capital. The rating was maintained by UBS on Wednesday, January 27 with "Buy". RBC Capital Markets has "Outperform" rating and $140 target. On Tuesday, October 27 the stock rating was downgraded by Sandler O'Neill to "Hold". Below is a list of Apple Inc. The rating was maintained by FBN Securities with "Buy" on Wednesday, August 2. The rating was maintained by Barclays Capital on Thursday, June 15 with "Hold". The rating was initiated by Longbow on Wednesday, July 6 with "Buy". The firm has "Strong Buy" rating given on Thursday, September 24 by S&P Research.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $6.91 million activity. Riccio Daniel J. sold $1.86 million worth of stock. 75,000 shares were sold by AHRENDTS ANGELA J, worth $11.10 million on Thursday, May 4. $6.85M worth of Apple Inc. (NASDAQ:AAPL) or 64,500 shares. Franklin Res has 1.50M shares. (NASDAQ:AAPL). Pioneer Mngmt holds 3.82% of its portfolio in Apple Inc. Bokf Na holds 1.35% or 353,351 shares. Hsbc Holding Public Limited Company invested in 7.34 million shares. The Oregon-based Becker has invested 2.35% in Apple Inc. The Hawaii-based Retail Bank Of Hawaii has invested 1.3% in Apple Inc. (NASDAQ:AAPL). Deroy Devereaux Private Inv Counsel has 2.22% invested in Apple Inc. Wealthtrust Fairport Ltd Liability Corporation stated it has 0.97% of its portfolio in Apple Inc. It is positive, as 90 investors sold Apple Inc. shares while 975 reduced holdings. Intrust Bank & Trust Na reported 42,822 shares. Goldman Sachs maintained it with "Buy" rating and $124 target in Wednesday, October 26 report. Credit Suisse has "Outperform" rating and $150 target. The company was maintained on Monday, October 26 by Cowen & Co. The rating was maintained by Nomura with "Buy" on Wednesday, August 2. SunTrust downgraded the stock to "Neutral" rating in Monday, September 26 report. The rating was maintained by Drexel Hamilton with "Buy" on Wednesday, August 23. (NASDAQ:AAPL) earned "Outperform" rating by Credit Suisse on Monday, April 4.

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