Everett Harris & Company Boosted Apple (AAPL) Position By $321,090; Litespeed Management Has Cut By $11.16 Million Its Depomed Ord (DEPO) Position

Everett Harris & Company increased Apple Inc. (AAPL) stake by 0.17% reported in 2017Q3 SEC filing. Everett Harris & Company acquired 2,085 shares as Apple Inc. (AAPL)’s stock rose 12.78%. The Everett Harris & Company holds 1.20 million shares with $184.77 million value, up from 1.20M last quarter. Apple Inc. now has $860.88B valuation. The stock decreased 1.08% or $1.85 during the last trading session, reaching $169.23. About 26.00 million shares traded or 0.12% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since December 31, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Litespeed Management Llc decreased Depomed Ord (DEPO) stake by 97.36% reported in 2017Q3 SEC filing. Litespeed Management Llc sold 2.23M shares as Depomed Ord (DEPO)’s stock declined 38.37%. The Litespeed Management Llc holds 60,514 shares with $350,000 value, down from 2.29M last quarter. Depomed Ord now has $507.26M valuation. The stock decreased 3.13% or $0.26 during the last trading session, reaching $8.05. About 1.15M shares traded. Depomed, Inc. (NASDAQ:DEPO) has declined 46.86% since December 31, 2016 and is downtrending. It has underperformed by 63.56% the S&P500.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It increased, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. American National Insurance Company Tx reported 444,205 shares or 3.61% of all its holdings. Live Your Vision Ltd Liability Company reported 0.44% stake. Catalyst Capital Advisors Ltd stated it has 110,337 shares. Redwood Invs Ltd Com has invested 2.73% of its portfolio in Apple Inc. (NASDAQ:AAPL). Griffin Asset Inc holds 88,684 shares. 15,296 were accumulated by Basswood Capital Management Lc. Mackenzie Fincl stated it has 538,578 shares. Ensemble Mgmt holds 165,007 shares. Somerset Tru invested 2.6% in Apple Inc. (NASDAQ:AAPL). Towercrest Cap Mgmt invested in 6,871 shares or 0.81% of the stock. Rampart Investment Mngmt Co Ltd Liability Corporation, Massachusetts-based fund reported 70,648 shares. Hemenway Communication Lc invested in 123,346 shares. Amp Invsts Limited accumulated 2.69M shares or 2.34% of the stock. Seabridge Inv Advsr accumulated 43,366 shares. California-based Dowling And Yahnke Lc has invested 2.09% in Apple Inc. (NASDAQ:AAPL).

Since August 7, 2017, it had 0 insider purchases, and 11 sales for $90.94 million activity. Riccio Daniel J. also sold $2.65M worth of Apple Inc. (NASDAQ:AAPL) on Thursday, December 7. 31,625 shares valued at $5.00M were sold by SEWELL D BRUCE on Monday, August 7. $948,612 worth of Apple Inc. (NASDAQ:AAPL) shares were sold by Srouji Johny. $8.79M worth of Apple Inc. (NASDAQ:AAPL) was sold by SCHILLER PHILIP W. LEVINSON ARTHUR D sold $5.52M worth of stock or 35,000 shares. $9.78M worth of stock was sold by AHRENDTS ANGELA J on Tuesday, October 3. 268,623 shares were sold by COOK TIMOTHY D, worth $43.15M on Thursday, August 24.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 342 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Maxim Group given on Friday, September 22. Drexel Hamilton maintained the shares of AAPL in report on Monday, July 31 with “Buy” rating. Needham downgraded the shares of AAPL in report on Friday, March 24 to “Buy” rating. The stock has “Buy” rating by Nomura on Friday, September 11. The rating was downgraded by Gabelli to “Hold” on Friday, December 1. The rating was maintained by Pacific Crest on Friday, September 11 with “Equal Weight”. Barclays Capital maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, January 27. Barclays Capital has “Overweight” rating and $142 target. As per Tuesday, December 19, the company rating was downgraded by Instinet. The rating was downgraded by OTR Global on Thursday, January 19 to “Negative”. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Piper Jaffray on Monday, August 31.

Everett Harris & Company decreased International Business Machine (NYSE:IBM) stake by 6,951 shares to 24,951 valued at $3.62M in 2017Q3. It also reduced Abbott Laboratories (NYSE:ABT) stake by 14,269 shares and now owns 1.64M shares. China Mobile Hk. Ltd. Adr F (NYSE:CHL) was reduced too.

Since December 14, 2017, it had 1 insider buy, and 0 selling transactions for $612,000 activity. On Thursday, December 14 the insider HIGGINS ARTHUR J bought $612,000.

Among 14 analysts covering Depomed Inc (NASDAQ:DEPO), 6 have Buy rating, 2 Sell and 6 Hold. Therefore 43% are positive. Depomed Inc had 50 analyst reports since July 30, 2015 according to SRatingsIntel. Mizuho upgraded Depomed, Inc. (NASDAQ:DEPO) on Monday, May 9 to “Buy” rating. The rating was downgraded by TheStreet on Friday, October 16 to “Hold”. The firm has “Underweight” rating by Morgan Stanley given on Tuesday, August 8. The firm earned “Neutral” rating on Tuesday, August 8 by Janney Capital. The company was maintained on Tuesday, August 8 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, October 21. As per Friday, May 27, the company rating was maintained by Mizuho. The firm has “Hold” rating by Piper Jaffray given on Tuesday, December 5. The firm has “Underweight” rating by PiperJaffray given on Monday, December 12. The stock has “Neutral” rating by UBS on Monday, October 3.

Analysts await Depomed, Inc. (NASDAQ:DEPO) to report earnings on February, 20. They expect $-0.22 EPS, up 69.44% or $0.50 from last year’s $-0.72 per share. After $-0.25 actual EPS reported by Depomed, Inc. for the previous quarter, Wall Street now forecasts -12.00% EPS growth.

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