Apple Inc. $AAPL Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. lowered its position in shares of Apple Inc. (NASDAQ:AAPL) by 68.4% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 21,110 shares of the iPhone maker’s stock after selling 45,617 shares during the quarter. Edgestream Partners L.P.’s holdings in Apple were worth $5,358,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AAPL. Norges Bank acquired a new stake in shares of Apple in the fourth quarter worth $52,266,468,000. Nuveen LLC acquired a new position in shares of Apple during the 1st quarter valued at $17,472,482,000. Cardano Risk Management B.V. boosted its position in Apple by 890.7% during the 4th quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock worth $11,413,990,000 after purchasing an additional 37,746,784 shares during the period. Laurel Wealth Advisors LLC boosted its position in Apple by 20,464.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock worth $5,553,753,000 after purchasing an additional 26,937,401 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Apple by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock valued at $387,749,545,000 after purchasing an additional 26,856,752 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. TD Cowen raised their price objective on Apple from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, July 31st. HSBC upgraded Apple from a “hold” rating to a “buy” rating and increased their target price for the company from $260.00 to $366.00 in a research note on Thursday, July 16th. Monness Crespi & Hardt raised their target price on Apple from $315.00 to $335.00 and gave the company a “buy” rating in a report on Friday, May 1st. Rosenblatt Securities boosted their price target on Apple from $276.00 to $300.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Phillip Securities lowered Apple from a “hold” rating to a “moderate sell” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and an average target price of $328.60.

Apple Stock Performance

Shares of AAPL stock opened at $305.26 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The company’s fifty day moving average price is $309.00 and its two-hundred day moving average price is $285.04. The firm has a market capitalization of $4.46 trillion, a P/E ratio of 35.01, a P/E/G ratio of 2.59 and a beta of 1.09. Apple Inc. has a 12 month low of $223.78 and a 12 month high of $344.57.

Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same period last year, the firm earned $1.57 earnings per share. The company’s revenue was up 16.4% on a year-over-year basis. On average, research analysts anticipate that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were issued a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.4%. Apple’s payout ratio is currently 12.39%.

Insider Activity at Apple

In other Apple news, insider Ben Borders sold 116 shares of the company’s 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. This represents a 0.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $307.75, for a total value of $442,852.25. Following the transaction, the senior vice president owned 40,107 shares of the company’s stock, valued at approximately $12,342,929.25. This trade represents a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.06% of the stock is owned by insiders.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reportedly received approximately $2.2 billion in tariff refunds, which could support near-term cash flow and earnings. More than 40 S&P 500 companies have reported receiving refunds from the broader tariff program. S&P 500 Companies Claim First Payouts From $100 Billion Tariff Refund Wave
• Positive Sentiment: Apple opened a 20,000-square-foot Advanced Manufacturing Center in Houston, where it plans to assemble Mac mini computers and co-locate advanced AI-server production. The facility strengthens Apple’s U.S. manufacturing narrative and may improve supplier capabilities. Apple’s Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
• Positive Sentiment: Norway’s sovereign wealth fund disclosed Apple as its second-largest global holding, valued at roughly 522 billion Norwegian kroner. The position provides a signal of continued confidence from a major long-term investor. Apple Stock Rises While Norway Fund Reveals Huge Position
• Neutral Sentiment: Apple is negotiating performance-based licensing agreements with publishers to supply current content for an upgraded, AI-powered Siri. The deals could improve Siri’s usefulness, but the potential nine-figure expense would pressure services margins and monetization remains uncertain. Apple in Talks to Pay Publishers to Improve AI-Powered Siri
• Negative Sentiment: Jefferies reduced its Apple price target, questioning whether the company has enough product and artificial-intelligence momentum to justify its premium valuation. Google’s new Pixel 11 lineup also intensifies competition ahead of Apple’s expected Siri and iPhone updates. Apple Stock Falls After Jefferies Slashes Price Target
• Negative Sentiment: Rising memory and other component costs could erode Apple’s margins even if demand remains strong. Apple is testing Chinese supplier CXMT for DRAM, which could diversify supply but introduces geopolitical and quality-related risks. Apple Stock’s Biggest Risk Is The Memory Bill, Not Demand
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 1,439 Apple shares for approximately $443,000, reducing her direct stake by 3.46%. The transaction is relatively small but may add modest insider-selling pressure. Apple SEC Form 4 Insider Sale

Apple Company 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.