Apple Inc. (AAPL) Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN reduced its position in Apple Inc. (NASDAQ:AAPL) by 5.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 216,550 shares of the iPhone maker’s stock after selling 11,588 shares during the quarter. Apple makes up about 1.7% of OLD National Bancorp IN’s holdings, making the stock its 6th largest position. OLD National Bancorp IN’s holdings in Apple were worth $31,188,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. increased its position in Apple by 2.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 17,637,648 shares of the iPhone maker’s stock worth $2,533,825,000 after buying an additional 471,057 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Apple by 1.2% in the first quarter. Fisher Asset Management LLC now owns 11,638,395 shares of the iPhone maker’s stock valued at $1,671,972,000 after purchasing an additional 140,368 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of Apple by 23.2% in the first quarter. Canada Pension Plan Investment Board now owns 9,289,482 shares of the iPhone maker’s stock valued at $1,334,527,000 after purchasing an additional 1,749,797 shares in the last quarter. Sanders Capital LLC grew its position in shares of Apple by 1.2% in the first quarter. Sanders Capital LLC now owns 8,007,685 shares of the iPhone maker’s stock valued at $1,177,522,000 after purchasing an additional 91,860 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in shares of Apple by 1.2% in the first quarter. Clearbridge Investments LLC now owns 6,815,812 shares of the iPhone maker’s stock valued at $979,160,000 after purchasing an additional 82,453 shares in the last quarter. 60.33% of the stock is owned by institutional investors and hedge funds.

In related news, insider Johny Srouji sold 5,892 shares of the firm’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $161.00, for a total value of $948,612.00. Following the completion of the sale, the insider now owns 70,358 shares in the company, valued at $11,327,638. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Craig Federighi sold 63,163 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $158.07, for a total transaction of $9,984,175.41. Following the completion of the sale, the insider now owns 359,988 shares of the company’s stock, valued at approximately $56,903,303.16. The disclosure for this sale can be found here. Insiders sold 541,177 shares of company stock valued at $85,864,804 in the last quarter. Company insiders own 0.08% of the company’s stock.

Several equities analysts have recently weighed in on the company. KeyCorp upgraded Apple from a “sector weight” rating to an “overweight” rating and lifted their price target for the company from $173.75 to $187.00 in a research report on Monday. Pacific Crest upgraded Apple from a “sector weight” rating to an “overweight” rating and set a $187.00 price target for the company in a research report on Monday. Rosenblatt Securities reiterated a “hold” rating and issued a $150.00 price target on shares of Apple in a research report on Sunday. Barclays PLC lifted their price target on Apple to $161.00 and gave the company an “equal weight” rating in a research report on Friday, October 13th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $196.00 price target on shares of Apple in a research report on Wednesday, October 11th. Seven investment analysts have rated the stock with a hold rating and forty-seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $190.46.

Apple Inc. (NASDAQ AAPL) traded down 0.19% during mid-day trading on Wednesday, hitting $160.17. 8,601,767 shares of the stock were exchanged. The company has a 50-day moving average price of $157.58 and a 200-day moving average price of $151.69. Apple Inc. has a one year low of $104.08 and a one year high of $164.94. The company has a market cap of $827.31 billion, a P/E ratio of 18.18 and a beta of 1.27.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Tuesday, August 1st. The iPhone maker reported $1.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.10. Apple had a net margin of 20.87% and a return on equity of 35.40%. The firm had revenue of $45.41 billion during the quarter, compared to analysts’ expectations of $44.94 billion. During the same quarter last year, the business earned $1.42 earnings per share. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts forecast that Apple Inc. will post $9.01 earnings per share for the current fiscal year.

WARNING: “Apple Inc. (AAPL) Shares Sold by OLD National Bancorp IN” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another website, it was illegally copied and republished i

A number of other large investors have also recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. increased its position in Apple by 2.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 17,637,648 shares of the iPhone maker’s stock worth $2,533,825,000 after buying an additional 471,057 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Apple by 1.2% in the first quarter. Fisher Asset Management LLC now owns 11,638,395 shares of the iPhone maker’s stock valued at $1,671,972,000 after purchasing an additional 140,368 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of Apple by 23.2% in the first quarter. Canada Pension Plan Investment Board now owns 9,289,482 shares of the iPhone maker’s stock valued at $1,334,527,000 after purchasing an additional 1,749,797 shares in the last quarter. Sanders Capital LLC grew its position in shares of Apple by 1.2% in the first quarter. Sanders Capital LLC now owns 8,007,685 shares of the iPhone maker’s stock valued at $1,177,522,000 after purchasing an additional 91,860 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in shares of Apple by 1.2% in the first quarter. Clearbridge Investments LLC now owns 6,815,812 shares of the iPhone maker’s stock valued at $979,160,000 after purchasing an additional 82,453 shares in the last quarter. 60.33% of the stock is owned by institutional investors and hedge funds.

In related news, insider Johny Srouji sold 5,892 shares of the firm’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $161.00, for a total value of $948,612.00. Following the completion of the sale, the insider now owns 70,358 shares in the company, valued at $11,327,638. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Craig Federighi sold 63,163 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $158.07, for a total transaction of $9,984,175.41. Following the completion of the sale, the insider now owns 359,988 shares of the company’s stock, valued at approximately $56,903,303.16. The disclosure for this sale can be found here. Insiders sold 541,177 shares of company stock valued at $85,864,804 in the last quarter. Company insiders own 0.08% of the company’s stock.

Several equities analysts have recently weighed in on the company. KeyCorp upgraded Apple from a “sector weight” rating to an “overweight” rating and lifted their price target for the company from $173.75 to $187.00 in a research report on Monday. Pacific Crest upgraded Apple from a “sector weight” rating to an “overweight” rating and set a $187.00 price target for the company in a research report on Monday. Rosenblatt Securities reiterated a “hold” rating and issued a $150.00 price target on shares of Apple in a research report on Sunday. Barclays PLC lifted their price target on Apple to $161.00 and gave the company an “equal weight” rating in a research report on Friday, October 13th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $196.00 price target on shares of Apple in a research report on Wednesday, October 11th. Seven investment analysts have rated the stock with a hold rating and forty-seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $190.46.

Apple Inc. (NASDAQ AAPL) traded down 0.19% during mid-day trading on Wednesday, hitting $160.17. 8,601,767 shares of the stock were exchanged. The company has a 50-day moving average price of $157.58 and a 200-day moving average price of $151.69. Apple Inc. has a one year low of $104.08 and a one year high of $164.94. The company has a market cap of $827.31 billion, a P/E ratio of 18.18 and a beta of 1.27.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Tuesday, August 1st. The iPhone maker reported $1.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.10. Apple had a net margin of 20.87% and a return on equity of 35.40%. The firm had revenue of $45.41 billion during the quarter, compared to analysts’ expectations of $44.94 billion. During the same quarter last year, the business earned $1.42 earnings per share. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts forecast that Apple Inc. will post $9.01 earnings per share for the current fiscal year.

WARNING: “Apple Inc. (AAPL) Shares Sold by OLD National Bancorp IN” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another website, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The correct version of this report can be accessed at https://ledgergazette.com/2017/10/18/apple-inc-aapl-shares-sold-by-old-national-bancorp-in.html.

Apple Company Profile

Apple Inc (Apple) 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’s products and services 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.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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