Apple Inc. $AAPL Shares Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 2.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 419,485 shares of the iPhone maker’s stock after purchasing an additional 10,831 shares during the period. Apple comprises approximately 3.7% of Fideuram Intesa Sanpaolo Private Banking S.P.A.’s portfolio, making the stock its 3rd biggest position. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Apple were worth $106,461,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Blue Capital Inc. boosted its holdings in Apple by 9.5% during the 1st quarter. Blue Capital Inc. now owns 8,217 shares of the iPhone maker’s stock worth $2,085,000 after acquiring an additional 710 shares during the last quarter. Patten Group Inc. boosted its holdings in Apple by 1.6% during the first quarter. Patten Group Inc. now owns 66,406 shares of the iPhone maker’s stock worth $16,853,000 after purchasing an additional 1,036 shares during the last quarter. Axis Wealth Partners LLC grew its position in Apple by 2.6% in the 1st quarter. Axis Wealth Partners LLC now owns 15,356 shares of the iPhone maker’s stock worth $3,897,000 after purchasing an additional 384 shares in the last quarter. Livet Wealth LLC increased its stake in Apple by 29.8% in the 1st quarter. Livet Wealth LLC now owns 2,032 shares of the iPhone maker’s stock valued at $516,000 after buying an additional 467 shares during the last quarter. Finally, Stevens Capital Partners lifted its position in shares of Apple by 9.7% during the 1st quarter. Stevens Capital Partners now owns 19,723 shares of the iPhone maker’s stock worth $5,006,000 after buying an additional 1,744 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $317.31 on Tuesday. The company has a 50 day moving average of $300.47 and a 200 day moving average of $275.60. The stock has a market cap of $4.66 trillion, a P/E ratio of 38.37, a P/E/G ratio of 2.74 and a beta of 1.10. Apple Inc. has a 12 month low of $201.50 and a 12 month high of $323.45. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL) last announced 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. The business had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.65 EPS. As a group, sell-side analysts forecast that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. This is a boost from Apple’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. Apple’s payout ratio is 13.06%.

Insider Buying and Selling

In other Apple news, insider Ben Borders sold 116 shares of Apple stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the transaction, the insider directly owned 38,713 shares of the company’s stock, valued at $11,425,754.82. The trade was a 0.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,924 shares of company stock valued at $825,546. Company insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

AAPL has been the subject of a number of recent analyst reports. Tigress Financial restated a “strong-buy” rating and issued a $375.00 price objective (up from $305.00) on shares of Apple in a research note on Thursday, May 14th. DA Davidson restated a “neutral” rating and set a $270.00 price objective on shares of Apple in a report on Friday, May 1st. Monness Crespi & Hardt lifted their price objective on shares of Apple from $315.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Maxim Group reiterated a “buy” rating and issued a $350.00 target price (up from $310.00) on shares of Apple in a research note on Tuesday, June 9th. Finally, Citigroup reaffirmed a “buy” rating and issued a $365.00 price target (up from $315.00) on shares of Apple in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $316.32.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Citi raised its price target on Apple to $365 from $315 and kept a Buy rating, saying Apple should keep gaining market share and may benefit from premium iPhone demand, selective price increases, and an upcoming iPhone 18 launch as a catalyst. Article Title
• Positive Sentiment: Several reports highlighted Apple’s stock hitting record highs, with analysts arguing the company is benefiting from relative restraint on AI spending versus peers and that investors still see more upside after the recent rally. Article Title
• Positive Sentiment: Apple was also tied to a reported acquisition of open-source observability developer SigScalr, which could support its internal data and software tooling efforts. Article Title
• Neutral Sentiment: News that Apple sued OpenAI over alleged trade-secret theft is generating headlines and could help Apple strategically if it protects future AI hardware plans, but it also adds legal uncertainty and keeps pressure on the company’s AI narrative. Article Title
• Neutral Sentiment: Commentary around Apple’s AI strategy, including reports that it may accelerate chip releases, reflects investor focus on whether the company can keep up in AI-enabled hardware without ramping spending as aggressively as rivals. Article Title
• Negative Sentiment: The OpenAI lawsuit could intensify Apple’s legal battles, including renewed scrutiny of App Store fees and broader competitive risks, which may create headline volatility even if the core business remains strong. Article Title

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.