Finance

Stock Traders Buy High Volume of Call Options on Apple (AAPL)

Stock Traders Buy High Volume of Call Options on Apple (AAPL)

(NASDAQ:AAPL) earned "Hold" rating by Deutsche Bank on Tuesday, October 18. Lenox Wealth Advisors Inc. now owns 4,971 shares of the iPhone maker's stock valued at $716,000 after buying an additional 20 shares during the period. DnB Asset Management AS's holdings in Apple were worth $219,465,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legal & General Group Plc raised its position in Apple by 3.0% in the second quarter. Finally, Fisher Asset Management LLC raised its position in Apple by 1.2% in the first quarter. Norges Bank purchased a new stake in shares of Apple during the fourth quarter worth about $5,625,709,000.

Rail-Splitter Capital Management Llc decreased Apple Inc. Ltd. now owns 9,457,769 shares of the iPhone maker's stock worth $1,096,072,000 after buying an additional 8,571,027 shares during the last quarter. Washington-based Tradewinds Capital Mngmt Ltd Liability Co has invested 1.72% in Apple Inc. Investors acquired 139,415 put options on the company.

DnB Asset Management AS lowered its position in shares of Apple Inc. (NASDAQ:AAPL) opened at 155.32 on Friday. Volume was up 0.95% over the stocks average daily volume.

Macy's, Inc. (NYSE:M) share price decreased in the last trading session with a previous 52-week high of $45.41.

Chelsea boss Antonio Conte: I don't want Arsene Wenger's sympathy
It was a hard situation, I know: it was leaving a team that is my home and that is winning everything right now. Team-mate Ander Herrera is also desperate to hit the ground running against West Ham.

The P/E ratio is now 18.29 and the market cap is 832.65B. The 50 day moving average was up $11.75 or +7.87% and the 200 day average went up $17.14 or +11.91%. Apple also saw some unusual options trading on Tuesday. 11 told the investors of the company to "Hold" stock. This is an increase of approximately 119% compared to the typical daily volume of 63,733 put options. As of the last earnings report the EPS was $8.81 and is projected to be $9.02 for the current year with 5,169,782,000 shares outstanding.

Apple Inc. (AAPL) shows its Return on Assets (ROA) value of 14 percent, while the Return on Equity (ROE) value is 35.4 percent and Return on Investment (ROI) value stands at 20.6 percent. The company had revenue of $45.41 billion during the quarter, compared to analyst estimates of $44.94 billion. During the same period in the previous year, the business posted $1.42 EPS. Gfs Advisors Llc sold 704,465 shares as Apple Inc (AAPL)'s stock rose 12.78%. This repurchase authorization permits the iPhone maker to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued. Stockholders of record on Monday, August 14th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $2.52 annualized dividend and a dividend yield of 1.62%. Apple's payout ratio is presently 28.64%. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & worldwide copyright & trademark law. If you are reading this report on another domain, it was copied illegally and republished in violation of US and global copyright legislation.

Fiduciary Trust Company increased Apple Inc (AAPL) stake by 0.66% reported in 2016Q4 SEC filing. The firm earned "Buy" rating on Monday, February 13 by Goldman Sachs. Drexel Hamilton reaffirmed a "buy" rating and issued a $208.00 target price on shares of Apple in a report on Wednesday. Berenberg initiated the shares of ALLE in report on Thursday, October 6 with "Buy" rating. Wells Fargo & Company reiterated a "market perform" rating and set a $140.00 target price on shares of Apple in a research note on Saturday, July 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $176.00 target price (up from $168.00) on shares of Apple in a report on Wednesday, August 2nd.

August 2 investment analysts at UBS maintained a stock rating of "Buy" but moved up the price target from $127.00 to $180.00. But even with the stock hitting an all-time high of nearly $162 this week, at least one analyst on Wall Street sees a way for another big rally that would make Apple the first $1 trillion-dollar company. Needham maintained the stock with "Buy" rating in Friday, February 17 report. Also, insider Craig Federighi sold 64,500 shares of Apple stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $153.62, for a total transaction of $9,908,490.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. SEWELL D BRUCE also sold $10.04 million worth of Apple Inc. The shares were sold at an average price of $147.98, for a total transaction of $11,098,500.00. Following the transaction, the senior vice president now owns 112,430 shares of the company's stock, valued at $17,778,555.90. Luca Maestri, Sr VP disclosed the sale of 4,757 shares of AAPL stock. Over the last 90 days, insiders sold 299,911 shares of company stock valued at $46,557,634. Fmr Llc sold 284,900 shares as Proofpoint Inc (PFPT)'s stock rose 0.42%.

Apple CEO Tim Cook announced the quarterly results "very strong" and highlighted that 1.2 billion iPhones have now been sold since first being released in 2007. The Business's products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.


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