Miracle Mile Advisors LLC Decreases Position in Apple Inc. $AAPL

Miracle Mile Advisors LLC decreased its position in shares of Apple Inc. (NASDAQ:AAPL) by 0.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 748,550 shares of the iPhone maker’s stock after selling 2,688 shares during the period. Apple comprises 2.8% of Miracle Mile Advisors LLC’s portfolio, making the stock its 6th biggest position. Miracle Mile Advisors LLC’s holdings in Apple were worth $190,603,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Apple by 1.1% in the second quarter. Vanguard Group Inc. now owns 1,415,932,804 shares of the iPhone maker’s stock worth $290,506,933,000 after purchasing an additional 15,141,995 shares in the last quarter. State Street Corp increased its stake in shares of Apple by 0.9% in the second quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker’s stock valued at $123,358,461,000 after buying an additional 5,224,229 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Apple by 1.4% in the second quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker’s stock valued at $72,506,336,000 after buying an additional 4,942,638 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its position in Apple by 573,627.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 205,692,660 shares of the iPhone maker’s stock worth $39,065,374,000 after buying an additional 205,656,808 shares in the last quarter. Finally, Norges Bank acquired a new position in Apple during the 2nd quarter worth about $38,942,255,000. Institutional investors own 67.73% of the company’s stock.

Insider Buying and Selling at Apple

In related news, insider Chris Kondo sold 3,752 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $271.23, for a total value of $1,017,654.96. Following the sale, the insider directly owned 15,098 shares in the company, valued at $4,095,030.54. This trade represents a 19.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.06% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AAPL. Seaport Res Ptn upgraded shares of Apple to a “strong-buy” rating in a research report on Wednesday, October 1st. Morgan Stanley restated an “overweight” rating and issued a $315.00 price objective (up previously from $305.00) on shares of Apple in a research report on Wednesday, December 17th. Monness Crespi & Hardt upped their price objective on Apple from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 31st. UBS Group reiterated a “neutral” rating on shares of Apple in a research report on Tuesday, January 6th. Finally, Raymond James Financial restated a “market perform” rating on shares of Apple in a research report on Friday, January 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Apple currently has an average rating of “Moderate Buy” and an average target price of $284.07.

Apple Stock Performance

Shares of Apple stock opened at $258.21 on Friday. The firm has a fifty day moving average of $272.05 and a two-hundred day moving average of $248.13. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.86 and a current ratio of 0.89. The stock has a market capitalization of $3.80 trillion, a price-to-earnings ratio of 34.57, a PEG ratio of 2.43 and a beta of 1.09. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.11. The business had revenue of $102.47 billion during the quarter, compared to analysts’ expectations of $101.65 billion. Apple had a return on equity of 164.05% and a net margin of 26.92%.The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.64 earnings per share. As a group, equities research analysts predict that Apple Inc. will post 7.28 EPS for the current year.

Apple Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 13th. Stockholders of record on Monday, November 10th were paid a $0.26 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio is 13.92%.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s move to run Google’s Gemini models for Siri and Apple Intelligence is being framed as a major capability boost that should accelerate Apple’s AI roadmap and services monetization. Siri to Get Smarter With Gemini: The ETF Playbook for Investors
• Positive Sentiment: Apple launched Creator Studio — a $12.99/mo bundle for creators — which targets higher-margin recurring services revenue and competitive ground vs. Adobe. This supports the services-growth narrative. Apple bundles creative apps into $13-a-month subscription
• Positive Sentiment: Bullish analyst commentary persists (e.g., Dan Ives projecting material upside), which keeps conviction among growth-oriented investors despite recent pullbacks. How Apple Stock Could Add $100 Per Share in 2026 and Beyond
• Neutral Sentiment: Goldman Sachs’ move away from Apple Card highlights shifting dynamics in Apple’s financial-services partnership; it’s more a partner/earnings update for Goldman than an immediate earnings shock for Apple. Goldman Sachs Leans Into Post-Apple Card Strategy
• Negative Sentiment: India has issued a final warning and signaled it may proceed with an antitrust case — a development that raises regulatory and potential fines risk in a large growth market. India warns Apple it will proceed with antitrust case
• Negative Sentiment: Press reports flag a potential multi?billion fine scenario and ongoing antitrust scrutiny in India — headline risk that can weigh on sentiment even if outcomes are uncertain. Apple Stock Unfazed despite Potential $38 Billion Fine from India
• Negative Sentiment: Supply-chain pressures: soaring memory/storage prices and shortages of a chipboard material could raise component costs or constrain production for some products. That’s a margin and supply-risk headwind to watch. Apple and tech hardware stocks face ‘crisis’ as memory prices soar AI Demand Triggers Chip Material Shortage for Apple
• Negative Sentiment: Some investors/strategists view the Google Gemini deal as evidence of Apple’s reliance on external AI providers — a critique that raises questions about Apple’s competitive independence and long-term foundation-model strategy. Cathie Wood’s ARK: Apple’s reliance on Google for AI signals deeper trouble

Apple Profile

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.