Apple, Citi, JPMorgan, BofA are Against Bitcoin Purchases

Apple, Citi, JPMorgan, BofA are Against Bitcoin Purchases … Also, Gemini cryptocurrency exchange only accepts clients to fund their accounts via …
Aug 10, 2019 at 12:26 // News
Author

Coin Idol

 Apple rolled out a new card providing customers 3% cash-back (discount) on products and services bought directly from Apple.

Several credit card firms have started forbidding Bitcoin and cryptocurrency purchases with various decent reasons. This very week, Apple Inc. in collaboration with two American multinationals financial services firms Mastercard Incorporated and Goldman Sachs Group, officially rolled out a new card providing customers 3% cash-back (discount) on products and services bought directly from Apple, and 2% discount on any products bought using Apple Pay – Apple’s electronic wallet service – and 1% on other related transactions.

Even though Apple Card has no yearly fees or other related transaction fees, it carries some fine print. Particularly, Apple’s credit card may not be in any way applied for cash advances or equivalents, and this ban takes account of cryptocurrencies such as Bitcoin (BTC), as revealed by the customer agreement published on Goldman Sachs’ official website.

Security First

In banning card purchases of digital currencies, Apple is being supported by other issuers and providers of credit cards including Citigroup Inc. based in New York City, JPMorgan Chase & Co. with its headquarters in NY, Bank of America (BofA) based in North Carolina and Capital One Financial Corporation based in Virginia. Credit card issuers seemingly don’t view cryptocurrencies including Bitcoin as digital gold, or a durable investment, just as a wide number of cryptoasset collectors do.

From February last year, all these four multinational financial services giants have prohibited their clients from purchasing cryptocurrencies including BTC using their cards on major virtual asset exchanges such as Coinbase. Another American financial services firm based in California Wells Fargo & Company, also barred its customers from buying digital assets using their credit cards since June last year. Also, Gemini cryptocurrency exchange only accepts clients to fund their accounts via bank, wire transfers or digital currency deposits.

The attempt of financial institutions to ban customers from making purchases using cryptocurrency may be attributed to security matters and the volatile nature of Bitcoin. Credit cards further have the risk of default. In addition, several credit card firms have tried to stop customers from participating in gambling and buying stocks in order to prevent compulsive behaviors that could cause financial disintegration.

Related Posts:

  • No Related Posts

Wedgewood Partners Cut Its Apple (AAPL) Position by $29.10 Million; Stock Rose; As Taiwan …

N SAYS IT ORDERS MACHINERY EQUIPMENT WORTH T$29.4 BLN; 01/05/2018 – Cadence Collaborates With TSMC to Advance 5nm and 7nm+ …

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Investec Asset Management Ltd decreased its stake in Taiwan Semiconductor Manufactu (TSM) by 5.32% based on its latest 2019Q1 regulatory filing with the SEC. Investec Asset Management Ltd sold 124,472 shares as the company’s stock declined 2.72% . The institutional investor held 2.22M shares of the semiconductors company at the end of 2019Q1, valued at $90.79M, down from 2.34M at the end of the previous reported quarter. Investec Asset Management Ltd who had been investing in Taiwan Semiconductor Manufactu for a number of months, seems to be less bullish one the $212.61 billion market cap company. The stock decreased 1.10% or $0.46 during the last trading session, reaching $41.44. About 453,493 shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 3.75% since August 9, 2018 and is uptrending. It has outperformed by 3.75% the S&P500. Some Historical TSM News: 19/04/2018 – Taiwan Semiconductor Manufacturing (TMSC) said Thursday it expects second-quarter revenue to range between $7.8 billion and $7.9 billion, well below expectations; 02/04/2018 – TSMC 2330.TW TSM.N SAYS IT ORDERS MACHINERY EQUIPMENT WORTH T$29.4 BLN; 01/05/2018 – Cadence Collaborates With TSMC to Advance 5nm and 7nm+ Mobile and HPC Design Innovation; 07/03/2018 – Exclusive TAIPEI — GlobalFoundries, the second largest contract chipmaker in the world, has asked Chinese regulators to probe market leader Taiwan Semiconductor Manufacturing Co. (TSMC) for violating anti-trust laws, said two industry sources familiar with the matter; 19/04/2018 – TSMC SAYS IT ORDERS EQUIPMENT FOR T$8.2 BLN; 30/04/2018 – TSMC Certifies Synopsys Design Platform for High-performance 7-nm FinFET Plus Technology; 22/03/2018 – Australian Gov: US Patent Issued to TAIWAN SEMICONDUCTOR MANUFACTURING on March 20 for “Source and drain process for FinFET”; 27/04/2018 – TSMC to invest $14 billion in R&D at Hsinchu facility; 15/05/2018 – Jay Huang on Investing in Chinese Chipmaking Industry, TSMC and Foxconn Expansion in China (Video); 15/05/2018 – SAMSUNG ELEC 005930.KS IN TALKS WITH ZTE 0763.HK , OTHER SMARTPHONE MAKERS TO SUPPLY EXYNOS CHIPS – EXEC

Wedgewood Partners Inc decreased its stake in Apple (AAPL) by 19.25% based on its latest 2019Q1 regulatory filing with the SEC. Wedgewood Partners Inc sold 153,967 shares as the company’s stock rose 1.20% . The institutional investor held 645,699 shares of the computer manufacturing company at the end of 2019Q1, valued at $122.65M, down from 799,666 at the end of the previous reported quarter. Wedgewood Partners Inc who had been investing in Apple for a number of months, seems to be less bullish one the $938.41 billion market cap company. The stock decreased 0.47% or $0.96 during the last trading session, reaching $201.71. About 3.60 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 12.18% since August 9, 2018 and is uptrending. It has outperformed by 12.18% the S&P500. Some Historical AAPL News: 23/05/2018 – S&PGR Affirms Apple Inc. ‘AA+’ Rating; Outlook Stable; 02/05/2018 – Five charts that show Apple is returning more cash than any company ever; 01/05/2018 – Apple 2Q Other Products Rev $3.95B; 30/03/2018 – Japan Display to raise $500m to supply key customer Apple; 09/05/2018 – “The hit machine is better than any other consumer product that I’ve seen other than Apple,” Cramer argues; 25/04/2018 – Apple’s Cook Meets With Trump in Oval Office Amid Trade Tensions; 30/04/2018 – New York Post: Apple is rumored to be interested in Condé Nast; 01/05/2018 – $AAPL +4% after hours on earnings; 26/04/2018 – EU moves to regulate tech giants’ business practices; 15/05/2018 – Apple CEO Tim Cook believes trade between the U.S. and China is beneficial to both countries

Investors sentiment decreased to 0.96 in 2019 Q1. Its down 0.01, from 0.97 in 2018Q4. It dived, as 79 investors sold AAPL shares while 847 reduced holdings. 150 funds opened positions while 735 raised stakes. 2.60 billion shares or 8.28% less from 2.83 billion shares in 2018Q4 were reported. Nelson Roberts Investment has invested 0.91% in Apple Inc. (NASDAQ:AAPL). Td Capital Management Ltd Liability stated it has 5,089 shares. 1 are held by Maplelane Ltd Liability Corporation. Grand Jean Cap Mgmt has invested 4.56% in Apple Inc. (NASDAQ:AAPL). Lau Associate Limited Liability stated it has 6.94% of its portfolio in Apple Inc. (NASDAQ:AAPL). Moreover, East Coast Asset Limited Co has 5.92% invested in Apple Inc. (NASDAQ:AAPL) for 125,543 shares. Estabrook has 80,520 shares. Forte Capital Ltd Limited Liability Company Adv has invested 6.22% in Apple Inc. (NASDAQ:AAPL). Cidel Asset Management holds 0.05% or 4,545 shares. Bkd Wealth Advisors Llc reported 49,410 shares or 0.78% of all its holdings. Hills Natl Bank & has 2.07% invested in Apple Inc. (NASDAQ:AAPL) for 40,593 shares. Redwood Invs Limited Liability has invested 0.16% in Apple Inc. (NASDAQ:AAPL). Legal And General Grp Public Ltd Co owns 28.01 million shares. Moreover, Callan has 0.19% invested in Apple Inc. (NASDAQ:AAPL). Diversified reported 0.65% stake.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “AAPL Stock: Apple Software Becomes Lifestyle – Nasdaq” on July 18, 2019, also Nasdaq.com with their article: “Technology Sector Update for 07/11/2019: RVLT, FRSX, EXFO, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” published on July 11, 2019, Nasdaq.com published: “Apple Makes a Bizarre Move in India – Nasdaq” on July 15, 2019. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Benzinga.com and their article: “Analysts Share Their View On FANG Stocks And Apple – Benzinga” published on August 02, 2019 as well as Benzinga.com‘s news article titled: “‘Fast Money’ Picks For July 29 – Benzinga” with publication date: July 28, 2019.

Wedgewood Partners Inc, which manages about $5.30B and $1.37 billion US Long portfolio, upped its stake in C.H. Robinson Worldwide (NASDAQ:CHRW) by 37,009 shares to 657,830 shares, valued at $57.22 million in 2019Q1, according to the filing.

More notable recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Fool.com which released: “Another Semiconductor Bellwether Points to Chip Strength in the Second Half – Motley Fool” on July 26, 2019, also Fool.com with their article: “Why ASML Holding Rose 10.4% in July – Motley Fool” published on August 04, 2019, Seekingalpha.com published: “Why Many Global Investors Fail – Seeking Alpha” on July 22, 2019. More interesting news about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) were released by: Fool.com and their article: “Intel Gives Chip Stocks Their Third Boost in a Week – Motley Fool” published on August 01, 2019 as well as Benzinga.com‘s news article titled: “It Could Be An Epic Day For These Chip ETFs – Benzinga” with publication date: July 18, 2019.

Investec Asset Management Ltd, which manages about $25.24 billion US Long portfolio, upped its stake in Tyson Foods Inc (NYSE:TSN) by 32,481 shares to 701,872 shares, valued at $48.73 million in 2019Q1, according to the filing. It also increased its holding in Yamana Gold Inc (NYSE:AUY) by 3.84M shares in the quarter, for a total of 14.22M shares, and has risen its stake in Dxc Technology Co.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts

Russia investigates Apple over Kaspersky kids app block

BACK IN APRIL, Apple was in hot water over claims it was taking a strange new interest in rivals’ kid protection apps after its own Screen Time …

BACK IN APRIL, Apple was in hot water over claims it was taking a strange new interest in rivals’ kid protection apps after its own Screen Time software launched on iPhone. Apple initially denied that it was hobbling others to promote its own app, but eventually softened its absolute ban on Mobile Device Management (MDM) being used in parental-control apps. It was still frowned upon, but accepted in some circumstances.

That, it turns out, isn’t the end of the story. While previously Apple was just dealing with some ticked off app developers, now it has Russia’s anti-monopoly watchdog – the FAS – on its tail.

The FAS says it is looking into why the latest version of Kaspersky Lab’s Safe Kids app has been blocked from the App Store, noting that version 12 of Screen Time seems to offer plenty of feature overlap with Kaspersky’s product.

For its part, Kaspersky noted that the official guidelines allow limited use of MDM, but couldn’t find a way to get the go-ahead from Apple’s app guardians.

When Reutersapproached Apple for comment, the company pointed the news agency back to its statement from April. The one that says certain apps were removed because “they put users’ privacy and security at risk.”

At the end of that post, it’s worth remembering that Apple categorically denied the removal of apps had anything to do with them sharing functionality with home-grown products. “In this app category, and in every category, we are committed to providing a competitive, innovative app ecosystem,” the statement read.

“There are many tremendously successful apps that offer functions and services similar to Apple’s in categories like messaging, maps, email, music, web browsers, photos, note-taking apps, contact managers and payment systems, just to name a few. We are committed to offering a place for these apps to thrive as they improve the user experience for everyone.”

We’ll have to wait and see as to whether the FSA reaches the same conclusion. µ

Further reading

Related Posts:

  • No Related Posts

Nvidia Stock: Patience, Grasshopper

Nvidia’s troubles are mainly down to Bitcoin. Miners bought rigs filled with NVDA gaming boards to create “money” out of math. When that stopped, so …

Nvidia (NASDAQ:NVDA) does not have a happy stock chart.

Source: Shutterstock

Since hitting a low in December, the stock has tried to break out twice. Both times it failed. Nvidia stock price was due to open Aug. 7 at around $153.50. Last October it traded as high as $292.

The company has also had a weak 2019. Its last two fiscal quarters brought in revenue of about $4.4 billion. In fiscal 2019 it had sales of $11.6 billion.

But analysts like Jim Kelleher of Argus Research keep pounding the table for it. Even small investors like me have picked it off the floor (I’m about even on 100 shares bought in May).

What’s going on? Traders will tell you to watch the Aug. 15 earnings release, where analysts expect $1.14 per share, and hope for $1.18, on sales of $2.55 billion.

I’m more patient.

NVDA is the Future

Nvidia’s troubles are mainly down to Bitcoin. Miners bought rigs filled with NVDA gaming boards to create “money” out of math. When that stopped, so did a lot of sales. There’s still market uncertainty, especially in China, and this is a near-term problem for both sales and the stock.

But Nvidia represents nothing less than the future of computing.

During the 2020s, artificial intelligence will be applied to machines all around you to create self-driving cars, appliances that call the repairman, homes that run themselves, diagnostic tools connecting your wrist to the hospital, and virtual worlds that feel like real ones.

That’s just for starters.

The idea of typing on a computer, or even looking at one, will seem quaint. Clouds and devices will truly become one. Millions of jobs will become obsolete. Cities will become more resilient, easier to manage.

Nvidia chips will be at the heart of all of this. Cloud gaming is just a step toward what I can only call cloud living. It’s made possible by data centers with the speed of video game machines, 5G wireless networks delivering gaming-level latency to the home, and home devices adapting to this new speed.

As with everything, it’s going to be a bumpy ride. There’s uncertainty in the near-term outlook. But Intel (NASDAQ:INTC) isn’t about to catch up to Nvidia’s design lead. If anything, it’s falling further behind. Advanced Micro Devices (NASDAQ:AMD) lacks the depth of software NVDA has created to build applications.

Nvidia’s only real competitors by 2022 will be the Cloud Czars themselves. Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) are all working on chips, or have chips, that could deliver some of Nvidia’s promises to their clouds. But that just opens the device market wider. So far Apple (NASDAQ:AAPL) is refusing to work with Nvidia drivers. That will change.

The Bottom Line on Nvidia Stock Price

At its current market cap of $92.3 billion, Nvidia is trading at close to 10 times what I expect for 2020 revenues, and almost 29 times earnings. The dividend, just 16 cents per share, is minuscule.

Don’t sell your cow to buy Nvidia stock. Don’t call your dog NVDA and expect to ride it straight up. Don’t buy it if you need income from your investment.

But NVDA deserves to be in your portfolio, especially if you’re in your 30s or 40s. I’ve got some as back-up for when I’m in my 70s and may need some profit to keep me going.

Nvidia isn’t a trade. It’s an investment. It’s something you buy near its lows, where it is now. Then hang on to for at least three, maybe five, hopefully 10 years into the future.

There aren’t many stocks you can say that about in today’s market. Insurers may blow up, oil may disappear, banks are threatened by fintech, fads come and go. The only thing certain in today’s world is change, accelerating, revolutionary change.

Nvidia chips will be at the heart of it.

Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O’Flynn and the Bear, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.comor follow him on Twitter at @danablankenhorn. As of this writing he owned shares in NVDA, AMZN, MSFT and AAPL.

Related Posts:

  • No Related Posts

Apple (AAPL) Shareholder Northwest Investment Counselors Has Increased Its Stake by $472689 …

Some Historical INTC News: 08/05/2018 – Intel Capital Announces $72M of New Investments in 12 Tech Startups; 17/05/2018 – Intel Corporation’s …

Apple Inc. (NASDAQ:AAPL) Logo

Northwest Investment Counselors Llc increased its stake in Apple Inc (AAPL) by 12.38% based on its latest 2019Q1 regulatory filing with the SEC. Northwest Investment Counselors Llc bought 2,501 shares as the company’s stock rose 1.20% . The institutional investor held 22,695 shares of the computer manufacturing company at the end of 2019Q1, valued at $4.31 million, up from 20,194 at the end of the previous reported quarter. Northwest Investment Counselors Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $890.63 billion market cap company. The stock increased 1.93% or $3.74 during the last trading session, reaching $197.08. About 9.93 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 12.18% since August 6, 2018 and is uptrending. It has outperformed by 12.18% the S&P500. Some Historical AAPL News: 12/03/2018 – Apple to Acquire Magazine-Subscription Service Texture–Update; 26/03/2018 – Apple Cobalt Supplier Seeking Ethical Supply With Industry Pilot; 05/03/2018 – Apple may release a cheaper MacBook Air; 13/03/2018 – Apple will unveil the next generation of iOS and macOS on June 4th. via @verge; 09/05/2018 – U.S. sends rules on drone regulation to White House for review; 01/05/2018 – Charles Brown: Apple’s efforts to line up a second supplier for its high-end smartphone screens–and reduce its dependence on; 09/03/2018 – Nitro Games Oyj: New version of Medals of War featured by Apple; 05/04/2018 – SAMSUNG SEES 100M OLED PANEL SUPPLY TO APPLE THIS YR: THE BELL; 07/05/2018 – BUFFETT SAYS IPHONE, ELMER’S GLUE, COSTCO ARE EXAMPLES OF MOATS; 09/04/2018 – New York Post: Tech startup sues Apple over Apple Watch’s heart rate sensor

S&T Bank decreased its stake in Intel Corp (INTC) by 7.63% based on its latest 2019Q1 regulatory filing with the SEC. S&T Bank sold 11,314 shares as the company’s stock declined 0.41% . The institutional investor held 136,872 shares of the semiconductors company at the end of 2019Q1, valued at $7.35 million, down from 148,186 at the end of the previous reported quarter. S&T Bank who had been investing in Intel Corp for a number of months, seems to be less bullish one the $209.74 billion market cap company. The stock increased 1.48% or $0.69 during the last trading session, reaching $47.34. About 3.90 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 6.00% since August 6, 2018 and is uptrending. It has outperformed by 6.00% the S&P500. Some Historical INTC News: 08/05/2018 – Intel Capital Announces $72M of New Investments in 12 Tech Startups; 17/05/2018 – Intel Corporation’s (INTC) CEO Brian Krzanich Hosts 2018 Stockholders’ Meeting (Transcript); 12/03/2018 – Intel-Sponsored Study: Smart Cities Technologies Give Back 125 Hours to Citizens Every Year; 26/04/2018 – Intel Sees 2018 Tax Rate 13%; 26/04/2018 – INTEL CORP – KELLER WILL OFFICIALLY START IN HIS NEW ROLE AT CO ON APRIL 30; 11/05/2018 – AT&T’s Quest for Trump Intel on High-Stakes Merger Led to Blowup; 27/04/2018 – Intel beat on both the top and bottom lines in the first quarter; 20/03/2018 – Global Hyperscale Data Centers Markets Report 2018: Major Players are Brocade Communications Systems, DataCore Software, Hitachi Data Systems, Intel, Neustar and Pure Storage – ResearchAndMarkets.com; 08/05/2018 – SiFive Announces Investment from Intel Capital; 09/05/2018 – Major technology and aerospace companies including Amazon.com, Apple, Intel, Qualcomm and Airbus are vying to take part in a new slate of drone tests the United States is set to announce on Wednesday

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Benzinga.com which released: “How Option Traders Are Playing Apple As Trade War Ramps Up – Benzinga” on August 05, 2019, also Nasdaq.com with their article: “This Analyst Has an Opinion on Apple (AAPL): Ignore It – Nasdaq” published on July 09, 2019, Nasdaq.com published: “Notable Monday Option Activity: GOOGL, AAPL, AZO – Nasdaq” on July 22, 2019. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Nasdaq.com and their article: “Buy Apple (AAPL) Stock Before Earnings on Services & China Growth? – Nasdaq” published on July 25, 2019 as well as Seekingalpha.com‘s news article titled: “Apple Earnings Preview: Time To Launch – Seeking Alpha” with publication date: July 30, 2019.

Investors sentiment decreased to 0.96 in 2019 Q1. Its down 0.01, from 0.97 in 2018Q4. It dived, as 79 investors sold AAPL shares while 847 reduced holdings. 150 funds opened positions while 735 raised stakes. 2.60 billion shares or 8.28% less from 2.83 billion shares in 2018Q4 were reported. Bonness Ent Inc has invested 1.69% in Apple Inc. (NASDAQ:AAPL). Wells Fargo & Comm Mn invested 1.41% of its portfolio in Apple Inc. (NASDAQ:AAPL). Korea Invest Corporation invested 3.03% in Apple Inc. (NASDAQ:AAPL). 131,243 are owned by Zwj Invest Counsel. 6,803 are held by Addison. Fcg Advsrs Limited Liability Com invested in 1.64% or 26,043 shares. Grandfield Dodd Ltd Liability Company reported 27,634 shares or 0.55% of all its holdings. North Star Investment Management Corp invested in 2.2% or 99,105 shares. Baldwin Brothers Incorporated Ma accumulated 126,625 shares. Pittenger And Anderson Inc holds 0.94% or 62,943 shares in its portfolio. Marble Harbor Counsel Limited Liability Corporation has 96,827 shares. Baker Ellis Asset Limited Liability Com stated it has 16,568 shares. Moreover, Agf Invests has 0.28% invested in Apple Inc. (NASDAQ:AAPL) for 130,151 shares. Schroder Invest Mgmt Gru stated it has 0.97% of its portfolio in Apple Inc. (NASDAQ:AAPL). Ogorek Anthony Joseph Adv has invested 0.68% in Apple Inc. (NASDAQ:AAPL).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Nasdaq.com which released: “Dow Movers: INTC, GS – Nasdaq” on July 16, 2019, also Nasdaq.com with their article: “Notable Monday Option Activity: PZZA, VAC, INTC – Nasdaq” published on August 05, 2019, 247Wallst.com published: “Intel Overtakes Pfizer as Most Shorted Dow Stock – 24/7 Wall St.” on July 25, 2019. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Buy MU Stock on Any Weakness Because Micron Has Turned the Corner – Nasdaq” published on July 30, 2019 as well as Benzinga.com‘s news article titled: “Analyst: Google Cloud Could Drop Intel For AMD – Benzinga” with publication date: July 30, 2019.

Investors sentiment decreased to 0.86 in 2019 Q1. Its down 0.14, from 1 in 2018Q4. It worsened, as 61 investors sold INTC shares while 733 reduced holdings. 139 funds opened positions while 541 raised stakes. 2.84 billion shares or 4.15% less from 2.96 billion shares in 2018Q4 were reported. Sfe Investment Counsel invested 1.37% in Intel Corporation (NASDAQ:INTC). Tiverton Asset Mgmt Limited Liability invested in 1.09% or 468,510 shares. Global Endowment LP reported 0.59% in Intel Corporation (NASDAQ:INTC). Utah Retirement has invested 0.91% of its portfolio in Intel Corporation (NASDAQ:INTC). 37,721 were accumulated by Citizens And Northern. 248,086 were accumulated by Winslow Asset Inc. Moreover, Perigon Wealth Limited Liability Corporation has 0.32% invested in Intel Corporation (NASDAQ:INTC) for 23,665 shares. 26,915 were accumulated by Whalerock Point Ptnrs Ltd Liability Company. Savant Cap Limited Company invested in 53,819 shares or 0.54% of the stock. Matarin Cap Management Ltd Llc holds 0.45% or 115,651 shares. Regent Investment Mngmt Limited Liability Com stated it has 30,721 shares. Wellington Shields Capital Lc accumulated 0.17% or 18,410 shares. Price Michael F holds 13.51% of its portfolio in Intel Corporation (NASDAQ:INTC) for 2.03 million shares. Harbour Mgmt Ltd Co reported 63,575 shares. First Citizens Bancorp And Trust Comm holds 1.15% or 192,777 shares in its portfolio.

S&T Bank, which manages about $444.26 million US Long portfolio, upped its stake in Flex Ltd (NASDAQ:FLEX) by 46,183 shares to 639,643 shares, valued at $6.40 million in 2019Q1, according to the filing. It also increased its holding in Diplomat Pharmacy Inc (NYSE:DPLO) by 105,332 shares in the quarter, for a total of 551,620 shares, and has risen its stake in Western Digital Corp (NASDAQ:WDC).

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on October, 24. They expect $1.18 earnings per share, down 15.71% or $0.22 from last year’s $1.4 per share. INTC’s profit will be $5.23 billion for 10.03 P/E if the $1.18 EPS becomes a reality. After $1.06 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts 11.32% EPS growth.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Related Posts:

  • No Related Posts