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Tributary Capital Management Cut Its Apple (AAPL) Stake; Veritex Holdings (VBTX) Shorts Down By 5.87%

Veritex Holdings, Inc. (NASDAQ:VBTX) Logo

Tributary Capital Management Llc decreased Apple Inc (AAPL) stake by 13.28% reported in 2018Q1 SEC filing. Tributary Capital Management Llc sold 1,900 shares as Apple Inc (AAPL)’s stock rose 5.37%. The Tributary Capital Management Llc holds 12,410 shares with $2.08 million value, down from 14,310 last quarter. Apple Inc now has $928.18 billion valuation. The stock decreased 1.03% or $1.96 during the last trading session, reaching $188.84. About 33.10 million shares traded or 10.09% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 18, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: ; 02/04/2018 – New York Post: Authorities used Apple Watch data to identify a murder suspect; 26/03/2018 – Document Security: Decision Allows DSS Patent Infringement Claims Against Apple to Proceed in Court; 12/03/2018 – Apple purchased a service named Texture on Monday; 13/03/2018 – JUST IN: Apple announces that its Worldwide Developer Conference will take place on June 4 in San Jose, Calif; 23/04/2018 – EU Opens In-Depth Probe Into Apple’s Purchase of Shazam; 20/04/2018 – The decline in Apple offset a 4.3 percent gain in General Electric. The industrial giant reported quarterly earnings and revenue that beat analyst expectations; 22/04/2018 – There was apparently an Apple iPhone X color that was never put on the market; 24/03/2018 – Apple’s Cook to Trump: Embrace Open Trade; 29/05/2018 – Pegatron ships prototype MacBooks powered by Apple processors, supply chain sources say; 23/05/2018 – OpenX Taps Former Google, Apple Executive Jacqueline Berg to Lead North America Publisher Partnerships

Veritex Holdings Inc (NASDAQ:VBTX) had a decrease of 5.87% in short interest. VBTX’s SI was 498,500 shares in June as released by FINRA. Its down 5.87% from 529,600 shares previously. With 80,400 avg volume, 6 days are for Veritex Holdings Inc (NASDAQ:VBTX)’s short sellers to cover VBTX’s short positions. The stock increased 1.72% or $0.55 during the last trading session, reaching $32.54. About 681,225 shares traded or 397.47% up from the average. Veritex Holdings, Inc. (NASDAQ:VBTX) has risen 17.50% since June 18, 2017 and is uptrending. It has outperformed by 4.93% the S&P500. Some Historical VBTX News: ; 23/04/2018 – Veritex Holdings 1Q EPS 42c; 23/04/2018 – VERITEX HOLDINGS INC – QTRLY NON-GAAP SHR $0.37; 11/05/2018 – Frost National Bank Buys New 2.8% Position in Veritex Holdings; 24/04/2018 – Veritex Holdings Closes Above 50-Day Moving Average: Technicals; 02/04/2018 – Veritex Holdings Closes Below 200-Day Moving Average; 22/03/2018 Veritex Holdings Closes Below 50-Day Moving Average: Technicals; 23/04/2018 – Veritex Holdings 1Q Adj EPS 37c; 22/04/2018 – DJ Veritex Holdings Inc, Inst Holders, 1Q 2018 (VBTX); 23/04/2018 – VERITEX HOLDINGS INC – QTRLY SHR $0.42

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. Drexel Hamilton maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, June 2. Drexel Hamilton has “Buy” rating and $20200 target. The firm has “Overweight” rating given on Thursday, May 24 by Morgan Stanley. The company was maintained on Wednesday, January 27 by FBR Capital. The firm earned “Market Perform” rating on Friday, September 11 by Cowen & Co. On Wednesday, January 27 the stock rating was maintained by Maxim Group with “Buy”. Goldman Sachs maintained the shares of AAPL in report on Monday, February 13 with “Buy” rating. Citigroup maintained it with “Buy” rating and $115 target in Wednesday, April 27 report. The firm earned “Overweight” rating on Friday, November 3 by Morgan Stanley. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, February 2 by Needham. Macquarie Research maintained it with “Outperform” rating and $140 target in Tuesday, August 11 report.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Friday Apple Rumors: Leak May Reveal 2018 iPhone Display Sizes” on June 15, 2018, also Seekingalpha.com with their article: “Apple: Can Shares Double Again In 2 Years?” published on June 13, 2018, Seekingalpha.com published: “How Microsoft Beat Apple (Capital Market Laboratories)” on June 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple: Too Big To Miss” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “Apple Inc. Takes Aim At Hollywood With First Feature Film” with publication date: June 15, 2018.

Tributary Capital Management Llc increased Selective Ins Group (NASDAQ:SIGI) stake by 31,693 shares to 466,429 valued at $28.31 million in 2018Q1. It also upped Cooper Cos Inc (NYSE:COO) stake by 2,400 shares and now owns 8,000 shares. Dorman Products Inc (NASDAQ:DORM) was raised too.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It worsened, 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. Rosenbaum Jay D stated it has 9,379 shares or 3.18% of all its holdings. Equitec Specialists invested in 0.06% or 1,900 shares. Blackrock Inc holds 2.57% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 320.27M shares. Natixis invested in 1.98% or 1.93M shares. Seabridge Investment Advisors Ltd Liability holds 42,353 shares. Verition Fund Management has invested 0.1% in Apple Inc. (NASDAQ:AAPL). Azimuth Cap Mngmt Lc holds 122,671 shares or 1.51% of its portfolio. Moreover, Heritage Mgmt has 3.21% invested in Apple Inc. (NASDAQ:AAPL) for 307,089 shares. Fuller And Thaler Asset Mngmt holds 73,653 shares or 0.14% of its portfolio. Hm Payson invested 3.32% in Apple Inc. (NASDAQ:AAPL). Investment Counselors Of Maryland Lc stated it has 25,988 shares. Aspen Inv Management Incorporated reported 4,977 shares. Principal owns 10.23 million shares for 1.65% of their portfolio. Winfield Inc reported 4.06% stake. Farmers National Bank stated it has 1.2% of its portfolio in Apple Inc. (NASDAQ:AAPL).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 EPS, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76B for 21.56 P/E if the $2.19 EPS becomes a reality. After $2.73 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Since January 5, 2018, it had 0 insider purchases, and 12 sales for $51.10 million activity. On Wednesday, May 23 the insider Srouji Johny sold $2.81 million. $6.51 million worth of Apple Inc. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D on Wednesday, May 9. Maestri Luca sold 4,769 shares worth $903,928. On Thursday, May 17 the insider Riccio Daniel J. sold $3.26 million. WILLIAMS JEFFREY E sold $2.90M worth of stock. AHRENDTS ANGELA J sold $6.75M worth of stock or 38,228 shares. SCHILLER PHILIP W had sold 69,491 shares worth $11.56 million.

Another recent and important Veritex Holdings, Inc. (NASDAQ:VBTX) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Ducommun, Redfin, Hemisphere Media Group, General Electric, Snap …” on May 30, 2018.

Veritex Holdings, Inc. operates as the holding firm for Veritex Community Bank that provides various commercial banking services and products to small and medium-sized businesses, and professionals. The company has market cap of $785.80 million. The companyÂ’s deposit products include checking, demand, savings, money market, and time accounts, as well as commercial deposit and financial institution money market accounts. It has a 40.67 P/E ratio. The Company’s loan portfolio consists of commercial real estate and general commercial loans, residential real estate loans, and consumer loans.

Among 7 analysts covering Veritex Holdings (NASDAQ:VBTX), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Veritex Holdings had 10 analyst reports since October 28, 2015 according to SRatingsIntel. As per Tuesday, October 24, the company rating was maintained by Piper Jaffray. The rating was initiated by Keefe Bruyette & Woods with “Buy” on Tuesday, January 16. PiperJaffray upgraded the shares of VBTX in report on Thursday, February 1 to “Overweight” rating. The stock of Veritex Holdings, Inc. (NASDAQ:VBTX) earned “Buy” rating by Piper Jaffray on Tuesday, April 24. Stephens maintained it with “Overweight” rating and $20 target in Wednesday, October 28 report. Sandler O’Neill maintained Veritex Holdings, Inc. (NASDAQ:VBTX) rating on Tuesday, April 24. Sandler O’Neill has “Buy” rating and $3300 target. Stephens maintained it with “Buy” rating and $3200 target in Thursday, July 20 report.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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