Professional Advisory Services Inc Buys Arthur J. Gallagher, Microsoft Corp, Ventas Inc, Sells Nike Inc, Intel Corp

• New Purchases: AJG, TMO,
• Added Positions: MSFT, VTR, PG, UPS, DIS, FB, PEP, JNJ, CERN, ADI,
• Reduced Positions: NKE, INTC, BKNG, TJX, GOOG, BRK.B, RMD, ACN, PYPL, BBT,

For the details of PROFESSIONAL ADVISORY SERVICES INC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PROFESSIONAL+ADVISORY+SERVICES+INC

1. Booking Holdings Inc (BKNG) - 9,324 shares, 4.21% of the total portfolio. Shares reduced by 13.3%
2. Stryker Corp (SYK) - 117,809 shares, 4.11% of the total portfolio. Shares reduced by 4.21%
3. PepsiCo Inc (PEP) - 172,321 shares, 4.08% of the total portfolio. Shares added by 1.76%
4. TJX Companies Inc (TJX) - 225,997 shares, 4% of the total portfolio. Shares reduced by 10.15%
5. Berkshire Hathaway Inc (BRK.B) - 92,319 shares, 3.99% of the total portfolio. Shares reduced by 7.85%

Professional Advisory Services Inc initiated holding in Arthur J. Gallagher & Co. The purchase prices were between $62.17 and $72.63, with an estimated average price of $67.47. The stock is now traded at around $69.37. The impact to a portfolio due to this purchase was 3.06%. The holding were 205,411 shares as of 2018-03-31.

Professional Advisory Services Inc initiated holding in Thermo Fisher Scientific Inc. The purchase prices were between $192.98 and $224.11, with an estimated average price of $209.9. The stock is now traded at around $212.37. The impact to a portfolio due to this purchase was 0.04%. The holding were 1,000 shares as of 2018-03-31.

Professional Advisory Services Inc added to a holding in Microsoft Corp by 1584.83%. The purchase prices were between $85.01 and $96.77, with an estimated average price of $91.45. The stock is now traded at around $93.93. The impact to a portfolio due to this purchase was 2.36%. The holding were 126,868 shares as of 2018-03-31.

Professional Advisory Services Inc added to a holding in Ventas Inc by 34.43%. The purchase prices were between $48.11 and $60.12, with an estimated average price of $52.44. The stock is now traded at around $47.70. The impact to a portfolio due to this purchase was 0.94%. The holding were 340,479 shares as of 2018-03-31.

Professional Advisory Services Inc added to a holding in Procter & Gamble Co by 32.48%. The purchase prices were between $75.91 and $91.89, with an estimated average price of $83.37. The stock is now traded at around $72.63. The impact to a portfolio due to this purchase was 0.76%. The holding were 181,582 shares as of 2018-03-31.

Professional Advisory Services Inc reduced to a holding in Nike Inc by 96.54%. The sale prices were between $62.49 and $69.65, with an estimated average price of $65.99. The stock is now traded at around $67.00. The impact to a portfolio due to this sale was -2.97%. Professional Advisory Services Inc still held 8,050 shares as of 2018-03-31.

Professional Advisory Services Inc reduced to a holding in Intel Corp by 97.75%. The sale prices were between $42.5 and $52.48, with an estimated average price of $47.52. The stock is now traded at around $51.86. The impact to a portfolio due to this sale was -2.46%. Professional Advisory Services Inc still held 5,800 shares as of 2018-03-31.