Apple Inc. (NASDAQ:AAPL) is Kanawha Capital Management LLC’s 6th Largest Position

  • Apple Inc. (NASDAQ:AAPL) is Kanawha Capital Management LLC’s 6th Largest Position

Apple Inc. (NASDAQ:AAPL) is Kanawha Capital Management LLC’s 6th Largest Position

Lesa Sroufe owns 2,485 shares for 0.43% of their portfolio. ARS Investment Partners LLC's holdings in Apple were worth $41,234,000 at the end of the most recent quarter. Welch Group Limited Liability has invested 0.53% in Apple Inc. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 23,803 shares of the iPhone maker's stock valued at $5,331,000 after buying an additional 439 shares during the period. Nuveen Asset Management LLC grew its stake in shares of Apple by 2,874.9% in the 2nd quarter. Avondale Wealth Management raised its holdings in shares of Apple by 25.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 20,240,790 shares of the iPhone maker's stock worth $4,006,058,000 after purchasing an additional 161,912 shares during the last quarter. The rating was maintained by Wedbush on Wednesday, July 31 with "Outperform". The fund owned 208,335 shares of the iPhone maker's stock after purchasing an additional 14,746 shares during the quarter. The stock increased 0.54% or $0.3 during the last trading session, reaching $56.34.

Last month, Apple rejoined Microsoft as the only USA companies to have a valuation of at least $1 trillion. About 28.96 million shares traded or 4.65% up from the average.

According to data provided from Barchart.com, the moving average for the company in the 100-day period was set at 204.80, with a change in the price noted at +47.00. The stock has a market capitalization of $1,067.48 billion, a P/E ratio of 19.83, a price-to-earnings-growth ratio of 1.97 and a beta of 1.24. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.50 and a quick ratio of 1.47. Apple Inc. has a 52 week low of $142.00 and a 52 week high of $229.93. (NASDAQ:AAPL). Bailard reported 2.1% of its portfolio in Apple Inc. The iPhone maker reported $2.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.10 by $0.08. The company had revenue of $53.81 billion for the quarter, compared to the consensus estimate of $53.39 billion. Apple had a return on equity of 52.13% and a net margin of 21.50%.

When it comes to year-to-date metrics, the company recorded performance in the market by 45.87%, having the revenues showcasing 13.18% on a quarterly basis in comparison for the same period the last year. During the same quarter in the previous year, the company earned $2.34 earnings per share.

It is a crucial time for Cupertino as it recently launched its trifecta of new smartphones with iPhone 11 strong out of the gates thus far and now looks to convert millions of Apple device users on to its streaming platform.

AAPL has been the topic of several research analyst reports. -China trade war. Wall Street has issued price upgrades for Apple in the past few weeks.

Shares of the tech giant crossed the $233.47 level after a Wall Street analyst raised his price target on Friday morning, eclipsing the previous record set on October 3, 2018. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: "Apple Learned Its Lesson - Seeking Alpha" on September 11, 2019, also Nasdaq.com with their article: "Why I'm Sticking With The Apple (AAPL) Bulls - Nasdaq" published on December 03, 2018, Finance.Yahoo.com published: "The Apple (NASDAQ:AAPL) Share Price Has Gained 117%, So Why Not Pay It Some Attention?"

It's the latest in a series of target boosts this week for Apple; shares areup 1.2%premarket. Finally, Canaccord Genuity reaffirmed a "buy" rating and issued a $260.00 price objective (up previously from $240.00) on shares of Apple in a research note on Wednesday.

On 8/1/2019 Chris Kondo, Insider, sold 4,376 with an average share price of $217.47 per share and the total transaction amounting to $951,648.72.

In other Apple news, Director Arthur D. Levinson sold 17,500 shares of the business's stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $201.69, for a total transaction of $3,529,575.00. The disclosure for this sale can be found here. Insiders sold a total of 433,749 shares of company stock valued at $91,773,322 over the last three months.

Provident Trust Co decreased its stake in Apple Computer Inc (AAPL) by 29.24% based on its latest 2019Q2 regulatory filing with the SEC. It also sells various related software, services, accessories, and third-party digital content and applications.