North Star Investment Management Has Increased By $402,094 Its Apple Com (AAPL) Holding; Nve (NVEC) Has 1.25 Sentiment

January 4, 2018 - By Jerrie Dane

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that utilizes electron spin to acquire, store, and transmit information. The company has market cap of $435.30 million. The firm makes spintronic products, including sensors and couplers for use in acquiring and transmitting data. It has a 33.55 P/E ratio. The Company’s products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches.

North Star Investment Management Corp increased Apple Inc Com (AAPL) stake by 2.69% reported in 2017Q3 SEC filing. North Star Investment Management Corp acquired 2,611 shares as Apple Inc Com (AAPL)’s stock rose 12.78%. The North Star Investment Management Corp holds 99,612 shares with $15.35M value, up from 97,001 last quarter. Apple Inc Com now has $876.14 billion valuation. The stock decreased 0.02% or $0.03 during the last trading session, reaching $172.23. About 29.52 million shares traded or 12.29% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 4, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

The stock increased 2.39% or $2.1 during the last trading session, reaching $89.92. About 19,675 shares traded. NVE Corporation (NVEC) has risen 50.96% since January 4, 2017 and is uptrending. It has outperformed by 34.26% the S&P500.

Analysts await NVE Corporation (NASDAQ:NVEC) to report earnings on January, 17. They expect $0.63 EPS, down 12.50% or $0.09 from last year’s $0.72 per share. NVEC’s profit will be $3.05M for 35.68 P/E if the $0.63 EPS becomes a reality. After $0.65 actual EPS reported by NVE Corporation for the previous quarter, Wall Street now forecasts -3.08% negative EPS growth.

Conestoga Capital Advisors Llc holds 1.02% of its portfolio in NVE Corporation for 291,694 shares. Kayne Anderson Rudnick Investment Management Llc owns 680,022 shares or 0.48% of their US portfolio. Moreover, Mairs & Power Inc has 0.41% invested in the company for 432,219 shares. The Pennsylvania-based Connors Investor Services Inc has invested 0.39% in the stock. Dorsey & Whitney Trust Co Llc, a South Dakota-based fund reported 7,616 shares.

North Star Investment Management Corp decreased Orchids Paper Prods Co Del Com (NYSEMKT:TIS) stake by 41,399 shares to 94,340 valued at $1.33 million in 2017Q3. It also reduced Phillips 66 Com (NYSE:PSX) stake by 6,868 shares and now owns 12,612 shares. Acme Utd Corp Com (NYSEMKT:ACU) was reduced too.

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. Buckingham Capital reported 1.64% in Apple Inc. (NASDAQ:AAPL). Provise Management Gru Limited holds 0.97% or 43,571 shares. Cape Cod Five Cents Commercial Bank reported 79,353 shares. Boyd Watterson Asset Ltd Liability Oh has invested 1.59% in Apple Inc. (NASDAQ:AAPL). National Bank & Trust Of Mellon Corporation invested in 52.94M shares or 2.25% of the stock. 47,132 are held by Curbstone Mgmt Corporation. Oberweis Asset Management Incorporated accumulated 3,605 shares. Peconic Prns Limited Company stated it has 0.32% in Apple Inc. (NASDAQ:AAPL). Huntington Bankshares owns 722,979 shares or 1.88% of their US portfolio. United Kingdom-based Polar Capital Llp has invested 2.65% in Apple Inc. (NASDAQ:AAPL). Botty Limited Co accumulated 4,779 shares. Platinum Inv Mgmt Ltd invested 0.09% of its portfolio in Apple Inc. (NASDAQ:AAPL). Next Financial Inc holds 3.96% or 90,685 shares in its portfolio. Eagle Asset Mgmt reported 658,305 shares. Washington Tru reported 305,725 shares.

Since August 7, 2017, it had 0 buys, and 11 insider sales for $90.94 million activity. Srouji Johny had sold 5,892 shares worth $948,612. $1.01 million worth of Apple Inc. (NASDAQ:AAPL) was sold by KONDO CHRIS on Tuesday, August 15. Riccio Daniel J. also sold $2.42M worth of Apple Inc. (NASDAQ:AAPL) shares. The insider FEDERIGHI CRAIG sold 63,163 shares worth $9.98 million. $43.15 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by COOK TIMOTHY D. 63,388 shares valued at $9.78M were sold by AHRENDTS ANGELA J on Tuesday, October 3. 35,000 shares were sold by LEVINSON ARTHUR D, worth $5.52M.

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. Canaccord Genuity maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, January 8. Canaccord Genuity has “Buy” rating and $146.0 target. The stock of Apple Inc. (NASDAQ:AAPL) has “Overweight” rating given on Wednesday, January 27 by Morgan Stanley. The firm has “Buy” rating by BMO Capital Markets given on Friday, September 11. Credit Suisse maintained Apple Inc. (NASDAQ:AAPL) on Friday, September 11 with “Buy” rating. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, October 28 report. Guggenheim maintained the stock with “Buy” rating in Tuesday, July 18 report. Bernstein maintained it with “Buy” rating and $142 target in Friday, September 11 report. Nomura maintained the shares of AAPL in report on Wednesday, September 6 with “Buy” rating. The company was maintained on Monday, December 14 by Barclays Capital. The rating was downgraded by OTR Global on Thursday, January 19 to “Negative”.