Insider Selling: Apple (NASDAQ:AAPL) SVP Sells 1,438 Shares of Stock

Apple Inc. (NASDAQ:AAPL) SVP Jennifer Newstead sold 1,438 shares of Apple stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $330.19, for a total transaction of $474,813.22. Following the transaction, the senior vice president directly owned 32,914 shares of the company’s stock, valued at approximately $10,867,873.66. This represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Jennifer Newstead also recently made the following trade(s):

• On Tuesday, September 8th, Jennifer Newstead sold 1,438 shares of Apple stock. The shares were sold at an average price of $317.23, for a total value of $456,176.74.
• On Tuesday, September 1st, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $317.01, for a total value of $456,177.39.
• On Tuesday, August 25th, Jennifer Newstead sold 1,439 shares of Apple stock. The stock was sold at an average price of $310.95, for a total value of $447,457.05.
• On Tuesday, August 18th, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $307.49, for a total value of $442,478.11.
• On Tuesday, August 11th, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $307.75, for a total value of $442,852.25.

Apple Trading Up 1.4%

AAPL stock traded up $4.59 during trading on Thursday, hitting $337.00. The company had a trading volume of 36,611,178 shares, compared to its average volume of 49,716,938. The firm has a market capitalization of $4.92 trillion, a P/E ratio of 38.65, a PEG ratio of 2.88 and a beta of 1.08. The company has a 50 day simple moving average of $319.40 and a 200-day simple moving average of $293.88. Apple Inc. has a 52-week low of $236.65 and a 52-week high of $344.57. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same quarter in the previous year, the business earned $1.57 earnings per share. Apple’s quarterly revenue was up 16.4% on a year-over-year basis. As a group, research analysts forecast that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple’s dividend payout ratio (DPR) is 12.39%.

Institutional Trading of Apple

Several institutional investors have recently bought and sold shares of AAPL. Avenir Tech Ltd acquired a new stake in shares of Apple in the second quarter worth approximately $29,000. Longfellow Investment Management Co. LLC acquired a new stake in Apple in the 2nd quarter valued at about $30,000. Lifetime Wealth Management P.C. purchased a new position in Apple in the 4th quarter worth approximately $41,000. Ascentis Wealth Management LLC boosted its holdings in shares of Apple by 822.7% during the 2nd quarter. Ascentis Wealth Management LLC now owns 292,493 shares of the iPhone maker’s stock worth $85,000 after purchasing an additional 260,792 shares during the last quarter. Finally, Basso Capital Management L.P. purchased a new stake in shares of Apple in the fourth quarter valued at approximately $88,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America reaffirmed its Buy rating and set a $370 price target, citing strong carrier trade-in incentives of up to $1,200 and the potential for AI features to accelerate iPhone upgrades. Apple’s iPhone Upgrade Cycle Looks Strong As Carrier Incentives Hit $1,200
• Positive Sentiment: Fresh smartphone data showed Apple gaining market share despite an overall industry shipment decline, supporting expectations for demand during the iPhone 18 cycle. Carrier promotions may help offset concerns about premium pricing.
• Positive Sentiment: Reports that Apple is developing M8 Ultra-powered AI servers, potentially using NVIDIA networking technology, boosted the long-term growth narrative. The project could reduce reliance on outside cloud providers, protect Services margins and create a new enterprise hardware opportunity, although deployment is not expected until around 2029. Apple Is Quietly Building an AI Advantage Few Expected
• Neutral Sentiment: Investor reaction to Apple’s foldable iPhone was mixed. The product generated strong interest, but observers questioned whether its steep price will limit adoption. Samsung-related criticism and uncertainty about sustained demand remain risks.
• Neutral Sentiment: Apple agreed to modify tracking-consent requirements for apps in the European Union following regulatory scrutiny. The changes may reduce legal risk but could add compliance complexity.
• Negative Sentiment: Apple faces a reported $2.7 billion lawsuit in the United Kingdom over App Tracking Transparency rules, while a separate dispute concerns possible government access to encrypted customer data. These matters create potential financial, privacy and regulatory risks.
• Negative Sentiment: Some reports described iPhone 18 Pro preorders as lukewarm, and investors remain concerned that Apple’s delayed Siri AI rollout could trail competing AI agents. With the stock trading at a premium valuation, weaker-than-expected product demand could pressure the shares.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AAPL shares. CICC Research increased their target price on shares of Apple from $310.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. KGI Securities downgraded shares of Apple from an “outperform” rating to a “hold” rating and set a $315.00 target price on the stock. in a research report on Monday, June 22nd. UBS Group reaffirmed a “buy” rating on shares of Apple in a research report on Thursday. Needham & Company LLC reissued a “hold” rating on shares of Apple in a report on Tuesday, September 8th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $350.00 price objective (up from $310.00) on shares of Apple in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $338.80.

About Apple

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company’s ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.