Bonness Enterprises Trimmed By $440,000 Its Applied Matls (AMAT) Stake; Gyroscope Capital Management Group Has Decreased Its Apple (AAPL) Holding

June 21, 2018 - By Peter Erickson

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Bonness Enterprises Inc decreased Applied Matls Inc (AMAT) stake by 14.04% reported in 2018Q1 SEC filing. Bonness Enterprises Inc sold 8,000 shares as Applied Matls Inc (AMAT)’s stock declined 13.54%. The Bonness Enterprises Inc holds 49,000 shares with $2.73 million value, down from 57,000 last quarter. Applied Matls Inc now has $48.97B valuation. The stock increased 0.06% or $0.03 during the last trading session, reaching $48.58. About 8.10M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 12.95% since June 21, 2017 and is uptrending. It has outperformed by 0.38% the S&P500. Some Historical AMAT News: ; 17/05/2018 – Applied Materials Predicts Sales Short of Rally’s Expectations; 17/05/2018 – APPLIED MATERIALS INC AMAT.O QUARTERLY GAAP SHR $1.09; 17/05/2018 – APPLIED MATERIALS CEO SPEAKING ON CONFERENCE CALL; 26/03/2018 – APPLIED MATERIALS INC AMAT.O : INSTINET RAISES TARGET PRICE TO $70 FROM $65; 23/04/2018 – DJ Applied Materials Inc, Inst Holders, 1Q 2018 (AMAT); 17/05/2018 – Applied Materials 2Q Gross Margin 45.8%; 17/05/2018 – Applied Materials Delivers Strong Year-On-Year Growth in Quarterly Revenue and Earnings Per Share; 17/05/2018 – APPLIED MATERIALS MAINTAINS ANNUAL WFE TARGETS FOR 2018-19; 15/05/2018 – APPALOOSA ADDED LRCX, WFC, UBS, AMAT, KNX IN 1Q: 13F; 29/05/2018 – Applied Materials at AllianceBernstein Conference Tomorrow

Gyroscope Capital Management Group Llc decreased Apple Inc (AAPL) stake by 25.99% reported in 2018Q1 SEC filing. Gyroscope Capital Management Group Llc sold 10,698 shares as Apple Inc (AAPL)’s stock rose 5.37%. The Gyroscope Capital Management Group Llc holds 30,468 shares with $5.11M value, down from 41,166 last quarter. Apple Inc now has $916.67B valuation. The stock increased 0.44% or $0.81 during the last trading session, reaching $186.5. About 17.22M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 21, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: ; 01/05/2018 – Apple’s services revenue topped $9 billion in the March quarter; 02/05/2018 – Apple posted some of its strongest growth in one of its toughest geographic regions: China; 22/05/2018 – HEARING DATE SET IN PARKERVISION’S PATENT INFRINGEMENT CASE AGAINST QUALCOMM AND APPLE; 05/03/2018 HoustonChronicle: Apple to turn up audio ambition with high-end headphones; 12/03/2018 – Apple earlier Monday announced it was buying magazine subscription service Texture, and company SVP Eddy Cue said at SXSW that a Netflix or Disney tie-up was unlikely; 16/04/2018 – Apple planned to release a gold iPhone X but scrapped it; 26/03/2018 – Mediagazer: Since October, Apple has signed 12 TV projects, nine of them “straight-to-series”; sources say the company aims to; 27/03/2018 – Apple’s new iPad will start at $299 for schools. (So, the same $329 for everyone else?) It’s available to order today, and will start shipping and arriving this week. #AppleEDUchat; 21/05/2018 – @robotodd asked Apple’s Siri to tell him about #WWDC18, Apple’s developer conference that starts on June 4, and it told him it’s going to get an upgrade; 11/04/2018 – New York Post: Apple ordered to pay half a billion dollars in damages to patent troll

Investors sentiment increased to 0.95 in 2018 Q1. Its up 0.09, from 0.86 in 2017Q4. It improved, as 50 investors sold AMAT shares while 356 reduced holdings. 109 funds opened positions while 278 raised stakes. 762.68 million shares or 4.33% less from 797.20 million shares in 2017Q4 were reported. Pitcairn holds 0.12% or 20,751 shares. Rnc Capital Mngmt Ltd Liability Com has invested 0.11% in Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Commonwealth Bancshares Of Australia has 0.05% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 76,238 shares. Moreover, Utd Capital Advisers Ltd Limited Liability Company has 0.03% invested in Applied Materials, Inc. (NASDAQ:AMAT). Zacks reported 106,470 shares. Los Angeles & Equity Research owns 0.78% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 2.48M shares. Tocqueville Asset LP reported 0.47% stake. 5,281 are held by Thompson Davis & Com Inc. Sentinel Tru Co Lba reported 45,615 shares stake. Riverhead Lc stated it has 0.72% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Fort Point Cap Prns Lc holds 0.07% in Applied Materials, Inc. (NASDAQ:AMAT) or 4,564 shares. Wealthtrust Axiom Limited Liability has 0.08% invested in Applied Materials, Inc. (NASDAQ:AMAT). Mathes reported 68,110 shares or 1.77% of all its holdings. Dubuque Retail Bank Trust Communications reported 4,529 shares. Old Mutual Customised Solutions (Proprietary) Limited owns 61,500 shares.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on August, 16. They expect $1.16 earnings per share, up 34.88% or $0.30 from last year’s $0.86 per share. AMAT’s profit will be $1.17 billion for 10.47 P/E if the $1.16 EPS becomes a reality. After $1.22 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts -4.92% negative EPS growth.

Since December 29, 2017, it had 0 insider buys, and 4 sales for $10.41 million activity. Iannotti Thomas J sold $922,050 worth of stock. $214,680 worth of stock was sold by Forrest Stephen R on Wednesday, January 3. $6.44M worth of Applied Materials, Inc. (NASDAQ:AMAT) was sold by Salehpour Ali on Friday, December 29. Another trade for 53,466 shares valued at $2.83 million was sold by Nalamasu Omkaram.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Seekingalpha.com which released: “Applied Materials Is Cheap But Not Undervalued” on June 20, 2018, also Globenewswire.com with their article: “Applied Materials Announces Cash Dividend” published on June 07, 2018, Seekingalpha.com published: “Applied Materials Looks Undervalued” on May 29, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Streetinsider.com and their article: “Nomura Expects Micron Technology (MU) to Guide Ahead of Consensus Tonight” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Buy Alibaba – Cramer’s Lightning Round (6/12/18)” with publication date: June 13, 2018.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 24 have Buy rating, 0 Sell and 4 Hold. Therefore 86% are positive. Applied Materials Inc. has $76.0 highest and $12 lowest target. $58.42’s average target is 20.26% above currents $48.58 stock price. Applied Materials Inc. had 125 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, January 30. Credit Agricole upgraded Applied Materials, Inc. (NASDAQ:AMAT) on Friday, September 25 to “Buy” rating. The firm has “Outperform” rating given on Friday, August 19 by Cowen & Co. The stock has “Buy” rating by B. Riley & Co on Monday, August 14. The firm has “Buy” rating given on Monday, November 20 by Citigroup. The firm has “Outperform” rating by BNP Paribas given on Thursday, March 31. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Overweight” rating by Pacific Crest on Thursday, March 10. DA Davidson downgraded the stock to “Neutral” rating in Wednesday, April 6 report. The stock has “Buy” rating by Citigroup on Wednesday, May 25. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Friday, November 17 report.

Since January 5, 2018, it had 0 insider buys, and 13 sales for $52.34 million activity. $6.83M worth of stock was sold by Maestri Luca on Thursday, April 12. The insider Riccio Daniel J. sold $3.26M. 6,568 Apple Inc. (NASDAQ:AAPL) shares with value of $1.24M were sold by AHRENDTS ANGELA J. On Wednesday, May 23 the insider Srouji Johny sold $2.81 million. KONDO CHRIS sold $910,129 worth of stock. LEVINSON ARTHUR D sold $6.51 million worth of Apple Inc. (NASDAQ:AAPL) on Wednesday, May 9. SCHILLER PHILIP W also sold $11.56 million worth of Apple Inc. (NASDAQ:AAPL) shares.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Finance.Yahoo.com which released: “Get Apple Stock at a Trade-War Discount” on June 20, 2018, also Seekingalpha.com with their article: “My #1 Stock In The World: Apple” published on June 19, 2018, Seekingalpha.com published: “Apple: Conservative Price Target Of $240 (Mark Hibben)” on June 18, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Nasdaq.com and their article: “Don’t Throw Out Starbucks Stock Based on One Bad Serving of News” published on June 20, 2018 as well as Nasdaq.com‘s news article titled: “Friday Apple Rumors: Leak May Reveal 2018 iPhone Display Sizes” with publication date: June 15, 2018.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 earnings per share, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76B for 21.29 P/E if the $2.19 EPS becomes a reality. After $2.73 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It dropped, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Redwood Invs Lc owns 12,272 shares or 0.15% of their US portfolio. Omers Administration Corp stated it has 0.63% in Apple Inc. (NASDAQ:AAPL). Virginia-based Old Dominion Capital Mgmt has invested 0.19% in Apple Inc. (NASDAQ:AAPL). Fund Evaluation Gru Ltd Liability Company has 0.3% invested in Apple Inc. (NASDAQ:AAPL) for 16,305 shares. Milestone Gru invested in 0.38% or 13,778 shares. Cypress Asset Mngmt Tx has 3.76% invested in Apple Inc. (NASDAQ:AAPL) for 76,610 shares. Financial Architects has 45,236 shares for 1.48% of their portfolio. Northstar Invest Advsrs Limited reported 19,894 shares stake. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment invested in 245,300 shares. Kentucky-based Regent Invest Mgmt Lc has invested 3.55% in Apple Inc. (NASDAQ:AAPL). Wilbanks Smith And Thomas Asset Mgmt Limited Co holds 1.54% or 114,149 shares. Signalpoint Asset Ltd Liability reported 49,907 shares. Nwq Invest Mngmt Llc holds 2,916 shares. Moreover, Asset Advsrs has 0.13% invested in Apple Inc. (NASDAQ:AAPL). 27,685 were reported by Diligent Investors Lc.

Applied Materials, Inc. (NASDAQ:AMAT) Institutional Positions Chart

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