As Apple INC (AAPL) Shares Declined, Shareholder Calamos Advisors LLC Decreased Stake by $31.37 Million

April 20, 2018 - By Andre Harris

Apple Inc. (NASDAQ:AAPL) Corporate LogoDuring Q4 2017 the big money sentiment increased to 0.73. That’s change of 0.03, from 2017Q3’s 0.7. 50 investors sold all, 1023 reduced holdings as AAPL ratio increased. 637 increased stakes while 151 funds bought stakes. Funds hold 2.98 billion shares thus 0.18% more from 2017Q3’s 2.97 billion shares. Daiwa Sb Investments Ltd has 32,260 shs. Appleton Partners Ma owns 145,303 shs or 3.81% of their US capital. Ubs Oconnor Lc reported 24,713 shs. Mitsubishi Ufj Tru owns 10.61 million shs. Prentiss Smith Inc holds 7,115 shs. Lazard Asset Mgmt Limited Liability Company invested 1.21% in Apple Inc. (NASDAQ:AAPL). Ssi Investment holds 0.17% of its capital in Apple Inc. (NASDAQ:AAPL) for 11,817 shs. 593,023 were accumulated by Welch & Forbes Ltd Liability Corporation. Somerset Tru invested in 29,389 shs or 2.48% of the stock. Marathon Trading Investment Management Ltd invested in 5.97% or 1.27M shs. Marshwinds Advisory has 1,790 shs. Fjarde Ap accumulated 1.45 million shs. Salem Cap Management Inc invested in 1,575 shs. Sterneck Management Limited Company has 6.45% invested in Apple Inc. (NASDAQ:AAPL) for 63,714 shs. Mastrapasqua Asset Management holds 99,837 shs.

AAPL had 4 insider sales and 0 insider buys since December 7, 2017. This’s net activity of $19.89 million. On Tuesday, April 3 the insider SCHILLER PHILIP W sold $11.56M.

In Apple Inc (AAPL) was reduced the stake held by Calamos Advisors Llc. The reduction is 6.73% according to 2017Q4 Securities and Exchange filling. The company’s stock declined 3.81% with the market as Calamos Advisors Llc sold 185,611 shares. At the end of 2017Q4, the 2.57 million shares of the computer manufacturing company held by the institutional investor were valued at $435.50 million, down from 2.76M at the end of the previous reported quarter. Apple Inc has $876.79B market cap. Ticker’s shares touched $172.8 during the last trading session after 2.83% change.Apple Inc. has volume of 31.52 million shares. Since April 20, 2017 AAPL has risen 19.49% and is uptrending. AAPL outperformed by 7.94% the S&P500.

About $26.54B and $19.62 billion US Long portfolio the Calamos Advisors Llc manages. Its stake in Dowdupont Inc was upped by 322,023 shares to 1.28M shares valued at $91.14M in 2017Q4, according to the filing. For a total of 29.51M shares it increased its holding in Advanced Micro Devices Inc (Prn) by 9.51M shares in the quarter, and has risen its stake in Alexion Pharmaceuticals Inc (NASDAQ:ALXN).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1 after the close. They expect $2.71 EPS, up 29.05 % or $0.61 from last year’s $2.1 per share. AAPL’s profit will be $13.75 billion for 15.94 P/E if the $2.71 EPS becomes a reality. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33 % negative EPS growth.

Apple Inc. (NASDAQ:AAPL) Ratings Coverage

In total 37 analysts cover Apple (NASDAQ:AAPL). “Buy” rating has 22, “Sell” are 0, while 15 are “Hold”. (NASDAQ:AAPL) has 59% bullish analysts. With $235 highest and $161 lowest [Target], Apple has $195.54 average [Target] or 13.16% above the current ($172.8) price. 87 are the (NASDAQ:AAPL)’s ratings reports on Apr 20, 2018 according to StockzIntelligence Inc. The company rating was maintained by Morgan Stanley on Friday, November 3. On Friday, October 27 the firm has “Buy” rating by Maxim Group given. On Wednesday, March 21 the stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given by RBC Capital Markets. On Tuesday, April 3 the rating was initiated by Gabelli with “Hold”. On Friday, December 1 the company was downgraded by Gabelli. On Friday, November 3 Robert W. Baird maintained the shares of AAPL in report with “Outperform” rating. On Wednesday, November 1 the company was maintained by HSBC. On Tuesday, January 30 Guggenheim maintained Apple Inc. (NASDAQ:AAPL) with “Buy” rating. On Friday, February 2 KeyBanc Capital Markets downgraded Apple Inc. (NASDAQ:AAPL) to “Sector Weight” rating. On Thursday, November 2 the stock has “Buy” rating by Maxim Group.

Apple Inc. (NASDAQ:AAPL) Institutional Investors Chart

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