Arete Wealth Advisors Upped Stake in Apple (AAPL) as Stock Price Rose; As Adobe Sys (ADBE) Stock Rose, Holder Triangle Securities Wealth Management Boosted Its Stake

January 14, 2018 - By Ellis Scott

Arete Wealth Advisors Llc increased its stake in Apple Inc (AAPL) by 19.96% based on its latest 2017Q3 regulatory filing with the SEC. Arete Wealth Advisors Llc bought 6,151 shares as the company’s stock rose 12.78% with the market. The institutional investor held 36,968 shares of the computer manufacturing company at the end of 2017Q3, valued at $5.70 million, up from 30,817 at the end of the previous reported quarter. Arete Wealth Advisors Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $900.87 billion market cap company. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Triangle Securities Wealth Management increased its stake in Adobe Sys Inc (ADBE) by 79.29% based on its latest 2017Q3 regulatory filing with the SEC. Triangle Securities Wealth Management bought 3,029 shares as the company’s stock rose 14.01% with the market. The institutional investor held 6,849 shares of the prepackaged software company at the end of 2017Q3, valued at $1.02M, up from 3,820 at the end of the previous reported quarter. Triangle Securities Wealth Management who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $96.15 billion market cap company. The stock increased 3.24% or $6.13 during the last trading session, reaching $195.05. About 4.25M shares traded or 46.48% up from the average. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 14, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Mizuho on Monday, January 11. The stock has “Buy” rating by Goldman Sachs on Monday, February 13. The rating was initiated by Needham on Wednesday, April 6 with “Strong Buy”. The firm earned “Outperform” rating on Friday, November 3 by BMO Capital Markets. As per Friday, September 4, the company rating was maintained by RBC Capital Markets. The company was maintained on Wednesday, April 27 by Macquarie Research. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Tuesday, October 18 by Stifel Nicolaus. The stock of Apple Inc. (NASDAQ:AAPL) has “Market Perform” rating given on Monday, October 26 by Cowen & Co. The stock has “Hold” rating by Nomura on Tuesday, December 19. The stock of Apple Inc. (NASDAQ:AAPL) has “Overweight” rating given on Friday, August 14 by Piper Jaffray.

Since August 7, 2017, it had 0 insider buys, and 12 sales for $93.68 million activity. KONDO CHRIS had sold 6,209 shares worth $1.01M on Tuesday, August 15. The insider Riccio Daniel J. sold 15,642 shares worth $2.42M. 56,808 Apple Inc. (NASDAQ:AAPL) shares with value of $8.79 million were sold by SCHILLER PHILIP W. $43.15 million worth of Apple Inc. (NASDAQ:AAPL) was sold by COOK TIMOTHY D on Thursday, August 24. AHRENDTS ANGELA J sold $9.78M worth of stock or 63,388 shares. Another trade for 10,469 shares valued at $1.70 million was sold by Srouji Johny.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It improved, 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. Parsec Fin Mgmt reported 3.27% stake. Lockheed Martin Invest Mgmt reported 177,740 shares stake. Aperio Ltd Limited Liability Company reported 3.10 million shares. Boyd Watterson Asset Limited Co Oh reported 20,868 shares. Engineers Gate Manager Lp reported 3,093 shares. Midwest Mgmt Ltd Limited Liability Company reported 2.83% in Apple Inc. (NASDAQ:AAPL). The Massachusetts-based Boston Family Office Ltd Company has invested 2.79% in Apple Inc. (NASDAQ:AAPL). Beech Hill Advisors accumulated 6% or 73,816 shares. Schwartz Investment Counsel owns 3,330 shares for 0.03% of their portfolio. Symons Capital Mgmt has 2,100 shares for 0.08% of their portfolio. Palisade Asset Management Ltd Limited Liability Company invested in 2.48% or 86,499 shares. Salient Trust Co Lta stated it has 117,325 shares. Albion Financial Gru Ut reported 90,709 shares. Amer Economic Planning Gru Adv reported 8,198 shares. Foster And Motley reported 93,397 shares.

Arete Wealth Advisors Llc, which manages about $501.94 million and $250.89M US Long portfolio, decreased its stake in Wells Fargo & Co New (NYSE:WFC) by 9,154 shares to 10,488 shares, valued at $578,000 in 2017Q3, according to the filing. It also reduced its holding in General Electric Co (NYSE:GE) by 30,879 shares in the quarter, leaving it with 26,417 shares, and cut its stake in Fifth Str Sr Floatng Rate Co (NASDAQ:FSFR).

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 135 analyst reports since August 11, 2015 according to SRatingsIntel. On Tuesday, August 22 the stock rating was maintained by Canaccord Genuity with “Buy”. S&P Research maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Monday, September 21. S&P Research has “Hold” rating and $82 target. The stock has “Hold” rating by Pivotal Research on Thursday, October 19. The stock has “Buy” rating by UBS on Wednesday, September 21. The firm has “Buy” rating by Cowen & Co given on Thursday, July 27. Goldman Sachs maintained the shares of ADBE in report on Wednesday, March 9 with “Neutral” rating. Guggenheim maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, January 10 with “Buy” rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Mkt Perform” rating given on Friday, December 11 by FBR Capital. The stock has “Buy” rating by Cowen & Co on Wednesday, August 30. The firm has “Outperform” rating given on Friday, December 11 by RBC Capital Markets.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.01, from 1.1 in 2017Q2. It increased, as 42 investors sold ADBE shares while 327 reduced holdings. 97 funds opened positions while 312 raised stakes. 414.95 million shares or 0.84% less from 418.45 million shares in 2017Q2 were reported. West Oak Capital Ltd Llc invested in 300 shares. 729,427 were accumulated by State Board Of Administration Of Florida Retirement Systems. Covington Cap Mgmt accumulated 9,474 shares. Mackenzie Fin Corp holds 26,000 shares or 0.02% of its portfolio. Virtus Invest Advisers accumulated 25,018 shares or 0.39% of the stock. 3,869 were reported by Integral Derivatives Limited Company. Park Avenue Secs Ltd Llc, New York-based fund reported 3,400 shares. Credit Agricole S A owns 204,463 shares. California-based Schwab Charles Inv Mngmt has invested 0.21% in Adobe Systems Incorporated (NASDAQ:ADBE). Pictet Asset Mgmt Limited has invested 0.11% in Adobe Systems Incorporated (NASDAQ:ADBE). Kepos Capital Ltd Partnership owns 7,837 shares. Savant Capital Ltd Llc reported 3,374 shares stake. Grandfield Dodd Limited Liability Corp owns 11,880 shares or 0.2% of their US portfolio. Ameriprise Fincl reported 0.39% stake. Dynamic Solutions Llc has invested 0.22% in Adobe Systems Incorporated (NASDAQ:ADBE).

Since August 9, 2017, it had 1 buy, and 7 sales for $6.56 million activity. Shares for $379,784 were sold by THOMPSON MATTHEW on Monday, October 23. On Monday, December 18 the insider Banse Amy bought $199,520. Another trade for 6,800 shares valued at $1.18M was sold by WARNOCK JOHN E. GESCHKE CHARLES M sold 21,276 shares worth $3.97M.

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