Bernstein Reiterates Its Buy Rating on Apple (NASDAQ:AAPL) Shares Today

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Bernstein Reiterates Its Buy Rating on Apple (NASDAQ:AAPL) Shares Today

Investors sentiment decreased to 0.79 in Q4 2016. Its down 0.03, from 0.82 in 2016Q3. It fall, as 90 investors sold Apple Inc. shares while 975 reduced holdings. 123 funds opened positions while 723 raised stakes. 3.04 billion shares or 1.85% more from 2.98 billion shares in 2016Q3 were reported.

Crestwood Advsrs Ltd Liability Co holds 3.1% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 276,507 shares. New England Private Wealth Advisors Ltd invested in 27,463 shares or 1.11% of the stock. Glob Endowment Mgmt Ltd Partnership holds 3,070 shares or 0.06% of its portfolio. Adams Asset Advsrs Ltd Liability stated it has 65,100 shares or 0.99% of all its holdings. Cannell Peter B & invested in 471,536 shares or 1.98% of the stock. Hugh Johnson Ltd reported 2.38% of its portfolio in Apple Inc. (NASDAQ:AAPL). State Street has 219.74 million shares. 38,975 are held by Brick And Kyle Associate. Dodge And Cox reported 0% stake. Rathbone Brothers Public Limited Co holds 2.91% or 500,720 shares. Boston Common Asset Mngmt Llc has invested 3.03% of its portfolio in Apple Inc. (NASDAQ:AAPL). Barrow Hanley Mewhinney And Strauss Ltd Liability Co has 0.12% invested in Apple Inc. (NASDAQ:AAPL). Pinnacle Associates Limited, New York-based fund reported 460,618 shares. Joel Isaacson And Ltd Company reported 2.28% in Apple Inc. (NASDAQ:AAPL). The California-based Gould Asset Limited Liability Corp Ca has invested 0.46% in Apple Inc. (NASDAQ:AAPL).

Since December 27, 2016, it had 0 insider purchases, and 32 insider sales for $162.84 million activity. 75,000 Apple Inc. (NASDAQ:AAPL) shares with value of $11.10M were sold by AHRENDTS ANGELA J. 20,307 shares were sold by Maestri Luca, worth $2.95M on Wednesday, April 5. 40,000 Apple Inc. (NASDAQ:AAPL) shares with value of $4.98M were sold by COOK TIMOTHY D. On Thursday, February 2 the insider SEWELL D BRUCE sold $9.63M. On Wednesday, February 22 the insider GORE ALBERT JR sold $29.45 million. KONDO CHRIS had sold 2,649 shares worth $339,204.

This Morning, 12 June, Apple (NASDAQ:AAPL)‘s Buy rating was restate by Analysts at Bernstein in analysts note.

Investors sentiment decreased to 0.79 in Q4 2016. Its down 0.03, from 0.82 in 2016Q3. It fall, as 90 investors sold Apple Inc. shares while 975 reduced holdings. 123 funds opened positions while 723 raised stakes. 3.04 billion shares or 1.85% more from 2.98 billion shares in 2016Q3 were reported.

Crestwood Advsrs Ltd Liability Co holds 3.1% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 276,507 shares. New England Private Wealth Advisors Ltd invested in 27,463 shares or 1.11% of the stock. Glob Endowment Mgmt Ltd Partnership holds 3,070 shares or 0.06% of its portfolio. Adams Asset Advsrs Ltd Liability stated it has 65,100 shares or 0.99% of all its holdings. Cannell Peter B & invested in 471,536 shares or 1.98% of the stock. Hugh Johnson Ltd reported 2.38% of its portfolio in Apple Inc. (NASDAQ:AAPL). State Street has 219.74 million shares. 38,975 are held by Brick And Kyle Associate. Dodge And Cox reported 0% stake. Rathbone Brothers Public Limited Co holds 2.91% or 500,720 shares. Boston Common Asset Mngmt Llc has invested 3.03% of its portfolio in Apple Inc. (NASDAQ:AAPL). Barrow Hanley Mewhinney And Strauss Ltd Liability Co has 0.12% invested in Apple Inc. (NASDAQ:AAPL). Pinnacle Associates Limited, New York-based fund reported 460,618 shares. Joel Isaacson And Ltd Company reported 2.28% in Apple Inc. (NASDAQ:AAPL). The California-based Gould Asset Limited Liability Corp Ca has invested 0.46% in Apple Inc. (NASDAQ:AAPL).

Since December 27, 2016, it had 0 insider purchases, and 32 insider sales for $162.84 million activity. 75,000 Apple Inc. (NASDAQ:AAPL) shares with value of $11.10M were sold by AHRENDTS ANGELA J. 20,307 shares were sold by Maestri Luca, worth $2.95M on Wednesday, April 5. 40,000 Apple Inc. (NASDAQ:AAPL) shares with value of $4.98M were sold by COOK TIMOTHY D. On Thursday, February 2 the insider SEWELL D BRUCE sold $9.63M. On Wednesday, February 22 the insider GORE ALBERT JR sold $29.45 million. KONDO CHRIS had sold 2,649 shares worth $339,204.

Among 45 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 9 Hold. Therefore 78% are positive. Apple Inc. has $20200 highest and $11 lowest target. $139.34’s average target is -3.39% below currents $144.23 stock price. Apple Inc. had 214 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Friday, September 11. The rating was maintained by RBC Capital Markets on Wednesday, February 1 with “Outperform”. The firm has “Outperform” rating given on Wednesday, October 28 by RBC Capital Markets. The rating was upgraded by Pacific Crest to “Overweight” on Wednesday, October 28. The firm has “Outperform” rating by Raymond James given on Wednesday, July 27. Oppenheimer maintained Apple Inc. (NASDAQ:AAPL) on Monday, January 11 with “Outperform” rating. The firm has “Buy” rating given on Tuesday, January 31 by Maxim Group. The firm earned “Overweight” rating on Thursday, September 29 by Barclays Capital. The firm has “Buy” rating given on Wednesday, August 26 by Rosenblatt. S&P Research maintained Apple Inc. (NASDAQ:AAPL) on Thursday, September 24 with “Strong Buy” rating.

About 10.68M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since June 16, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on July, 25. They expect $1.57 EPS, up 10.56 % or $0.15 from last year’s $1.42 per share. AAPL’s profit will be $8.14 billion for 22.96 P/E if the $1.57 EPS becomes a reality. After $2.10 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -25.24 % negative EPS growth.

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The company has market cap of $747.49 billion. The Company’s services and products include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. It has a 16.87 P/E ratio. The Firm also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Investorplace.com which released: “Apple Inc. (AAPL) Stock Is Overvalued, Wait for a Pullback” on June 16, 2017, also Seekingalpha.com with their article: “Apple: ‘Single Product Company’… It’s Not The iPhone” published on June 15, 2017, Usnews.com published: “Apple Stock Selloff Continues After Downgrade” on June 12, 2017. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Fool.com and their article: “Apple Inc. Totally Undersells A10X Chip Capabilities” published on June 09, 2017 as well as Reuters.com‘s news article titled: “Apple issues $1 billion green bond after Trump’s Paris climate exit” with publication date: June 13, 2017.

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