Apple Inc. $AAPL Shares Purchased by Keystone Wealth Services LLC

Keystone Wealth Services LLC grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,774 shares of the iPhone maker’s stock after acquiring an additional 5,406 shares during the period. Apple accounts for 4.5% of Keystone Wealth Services LLC’s holdings, making the stock its 4th largest position. Keystone Wealth Services LLC’s holdings in Apple were worth $21,687,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of AAPL. First National Bank of Hutchinson lifted its position in Apple by 24.6% during the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock worth $8,845,000 after acquiring an additional 6,982 shares during the last quarter. Eagle Capital Management LLC raised its position in shares of Apple by 0.5% in the fourth quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock valued at $13,544,000 after buying an additional 272 shares in the last quarter. Brighton Jones LLC raised its position in shares of Apple by 14.8% in the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock valued at $134,554,000 after buying an additional 69,207 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Apple by 4.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock valued at $16,742,000 after buying an additional 2,695 shares in the last quarter. Finally, Highview Capital Management LLC DE raised its position in shares of Apple by 2.4% in the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker’s stock valued at $12,587,000 after buying an additional 1,155 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Apple Stock Performance

NASDAQ AAPL opened at $294.80 on Wednesday. The firm’s fifty day moving average price is $263.24 and its two-hundred day moving average price is $266.73. The stock has a market cap of $4.33 trillion, a PE ratio of 35.65, a PEG ratio of 2.55 and a beta of 1.06. Apple Inc. has a fifty-two week low of $193.46 and a fifty-two week high of $295.27. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. During the same quarter in the previous year, the firm posted $1.65 earnings per share. The company’s revenue was up 16.6% on a year-over-year basis. On average, equities analysts expect that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Monday, May 11th will be issued a $0.27 dividend. The ex-dividend date is Monday, May 11th. This is a positive change from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a yield of 0.4%. Apple’s dividend payout ratio (DPR) is presently 13.06%.

Insider Activity

In other news, CEO Timothy D. Cook sold 64,949 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O’brien sold 30,002 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the transaction, the senior vice president owned 136,810 shares in the company, valued at $34,934,433.50. This represents a 17.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 97,759 shares of company stock worth $24,964,305 in the last three months. Corporate insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

AAPL has been the subject of a number of analyst reports. Robert W. Baird set a $310.00 price target on shares of Apple in a research report on Friday, May 1st. Bank of America lifted their price target on shares of Apple from $320.00 to $325.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Evercore reiterated an “outperform” rating on shares of Apple in a research report on Monday, March 2nd. Monness Crespi & Hardt lifted their price target on shares of Apple from $315.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Scotiabank set a $330.00 price target on shares of Apple in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $305.74.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s upcoming WWDC is seen as a major catalyst that could reset investor expectations around its AI roadmap and support another leg higher if management delivers a stronger vision for Siri, iOS, and future devices. The Event That Could Redefine Apple’s Summer Rally
• Positive Sentiment: Apple is also being viewed more favorably after reports highlighted strong supply-chain execution, continued AI-services potential, and a growing case for the stock as a momentum name. Apple (AAPL) Gains Wall Street Confidence on Supply Chain Strength and AI Services Potential
• Positive Sentiment: Apple and Google are rolling out end-to-end encrypted RCS messaging between iPhone and Android users, which should improve the messaging experience and support the ecosystem value proposition. Apple And Google Finally Close SMS Security Gap…
• Neutral Sentiment: Reports say Apple is planning customizable camera controls and Siri design changes in iOS 27, which could help future product appeal but are still early-stage software rumors. Apple Plans Customizable Camera for Pros, Siri Design Changes in iOS 27
• Neutral Sentiment: Apple’s director and an insider both sold shares recently, which can create some caution, but the sales appear modest relative to Apple’s overall size and recent record earnings. Apple Board Veteran Sells $71 Million in Stock After Record Earnings
• Negative Sentiment: A new federal appeals-court decision temporarily keeping Trump’s 10% global tariffs in place could preserve cost pressure on imported consumer electronics, including Apple products. Appeals Court Temporarily Reinstates Trump’s 10% Global Tariffs
• Negative Sentiment: Apple’s insider Ben Borders sold 1,274 shares, a small signal that may slightly dampen sentiment, though it is not large enough on its own to change the broader bullish narrative. SEC insider filing

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.