Apple Inc. $AAPL Stock Sold by Investment House LLC

Investment House LLC trimmed its position in shares of Apple Inc. (NASDAQ:AAPL) by 38.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,278 shares of the iPhone maker’s stock after selling 197,481 shares during the quarter. Apple makes up about 4.6% of Investment House LLC’s portfolio, making the stock its 2nd biggest holding. Investment House LLC’s holdings in Apple were worth $104,661,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Avenir Tech Ltd purchased a new position in Apple in the second quarter valued at $29,000. Longfellow Investment Management Co. LLC purchased a new stake in shares of Apple during the 2nd quarter worth about $30,000. Ironwood Wealth Management Inc. acquired a new stake in shares of Apple during the 3rd quarter valued at about $34,000. Ascentis Wealth Management LLC grew its position 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 valued at $85,000 after acquiring an additional 260,792 shares during the period. Finally, Bamco Inc. NY acquired a new stake in shares of Apple during the 2nd quarter valued at about $118,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Apple

In other Apple news, CEO John Ternus sold 25,412 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the transaction, the chief executive officer owned 59,567 shares of the company’s stock, valued at $19,832,236.98. This represents a 29.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy Cook sold 191,753 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $332.96, for a total value of $63,846,078.88. Following the completion of the transaction, the insider owned 3,264,168 shares in the company, valued at approximately $1,086,837,377.28. This trade represents a 5.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 290,212 shares of company stock worth $96,639,685 over the last three months. 0.06% of the stock is owned by insiders.

Apple Stock Down 0.6%

AAPL stock opened at $348.56 on Wednesday. The stock has a market capitalization of $5.07 trillion, a P/E ratio of 38.86, a P/E/G ratio of 3.38 and a beta of 1.07. The firm has a 50-day simple moving average of $337.27 and a 200-day simple moving average of $299.52. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 0.61. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $355.38.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Monday, November 2nd. The iPhone maker reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $0.11. The firm had revenue of $114.48 billion for the quarter, compared to analyst estimates of $113.40 billion. Apple had a net margin of 27.60% and a return on equity of 125.35%. Apple’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period last year, the company posted $1.85 EPS. Equities analysts forecast that Apple Inc. will post 9.44 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Thursday, November 12th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, November 12th. Apple’s payout ratio is 12.04%.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple has held up better than many Big Tech peers and recently reached record territory, with investors appearing to favor its restrained AI infrastructure spending compared with peers’ heavy investment. That approach may help preserve cash and margins, though it also raises questions about its AI competitiveness. Apple Is Holding Strong While Big Tech Sells Off. Is It Next?
• Positive Sentiment: Apple Intelligence cleared a regulatory step for use on tablets and laptops in China, potentially expanding the service’s reach in a key market. Apple Intelligence registers with Chinese regulator
• Neutral Sentiment: Apple is reportedly holding capital spending steady while rivals accelerate AI infrastructure investment. This could support cash generation, but investors may also question whether the company is investing enough to keep pace in AI. Apple holds capex steady as peers accelerate AI infrastructure buildout
• Negative Sentiment: Binance warned that an iOS vulnerability could allow malicious apps to access data from other apps, potentially exposing crypto-wallet keys and credentials. Uncertainty over affected versions and whether updates resolve the flaw could create security and reputational concerns. Binance warns iOS flaw could expose crypto wallet keys
• Negative Sentiment: Reports of worker deaths at an Indian supplier and an ensuing investigation raise potential supply-chain, operational and reputational risks as Apple expands manufacturing in India. Apple faces major supplier investigation after 3 worker deaths
• Negative Sentiment: Valuation concerns and a reported memory-cost squeeze could pressure expectations. KeyCorp also cut its fiscal 2027 EPS forecast to $8.34 from $9.08 and maintains an Underweight rating with a $250 price target, well below the consensus forecast cited in the report. Apple Is Above $5 Trillion After Its First-Ever Close Above $350

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. TD Cowen reduced their price target on Apple from $400.00 to $390.00 and set a “buy” rating for the company in a report on Tuesday, November 3rd. Argus raised their price objective on Apple from $375.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, November 3rd. CICC Research boosted their price objective on Apple from $310.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Bank of America reaffirmed a “buy” rating and set a $370.00 target price on shares of Apple in a research note on Wednesday, September 23rd. Finally, Daiwa Securities Group upped their target price on Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $343.74.

Apple Company Profile

Apple Inc. designs, manufactures and markets consumer electronics, software and digital services. Its products include the iPhone, Mac computers, iPad, Apple Watch and AirPods, along with operating systems and applications such as iOS, macOS and iPadOS. The company also offers services including the App Store, Apple Music, Apple TV+, iCloud and Apple Pay. These products and services are integrated across Apple’s devices and are sold to consumers, businesses and institutions around the world. Founded in 1976 and headquartered in Cupertino, California, Apple serves customers globally through online and retail stores, wireless carriers and other resellers.