Apple Inc. $AAPL Stock Holdings Reduced by Kovack Advisors Inc.

Kovack Advisors Inc. lowered its stake in shares of Apple Inc. (NASDAQ:AAPL) by 4.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 221,999 shares of the iPhone maker’s stock after selling 11,286 shares during the quarter. Apple makes up about 3.1% of Kovack Advisors Inc.’s holdings, making the stock its 4th biggest position. Kovack Advisors Inc.’s holdings in Apple were worth $64,856,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of AAPL. Lifetime Wealth Management P.C. acquired a new position in Apple in the fourth quarter valued at $41,000. ROSS JOHNSON & Associates LLC increased its position in shares of Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after purchasing an additional 180 shares in the last quarter. Timmons Wealth Management LLC acquired a new stake in shares of Apple during the fourth quarter worth about $69,000. LSV Asset Management purchased a new stake in shares of Apple in the 4th quarter valued at about $65,000. Finally, Inspire Investing LLC acquired a new stake in shares of Apple in the 4th quarter valued at about $76,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insiders Place Their Bets

In other Apple news, SVP Jennifer Newstead sold 1,439 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $310.95, for a total value of $447,457.05. Following the sale, the senior vice president directly owned 37,229 shares of the company’s stock, valued at approximately $11,576,357.55. This trade represents a 3.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ben Borders sold 116 shares of Apple stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider owned 38,713 shares in the company, valued at $11,425,754.82. The trade was a 0.30% 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. In the last three months, insiders have sold 4,433 shares of company stock worth $1,367,024. Corporate insiders own 0.06% of the company’s stock.

Apple Stock Down 0.1%

AAPL stock opened at $324.96 on Thursday. Apple Inc. has a one year low of $225.95 and a one year high of $344.57. The company has a fifty day moving average of $313.87 and a 200-day moving average of $289.62. The stock has a market capitalization of $4.74 trillion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 2.81 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00.

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

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple’s dividend payout ratio is 12.39%.

Wall Street Analysts Forecast Growth

AAPL has been the topic of several research analyst reports. Royal Bank Of Canada set a $365.00 price target on Apple in a research report on Wednesday, July 15th. Weiss Ratings raised Apple from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 3rd. Piper Sandler initiated coverage on shares of Apple in a research report on Monday, August 17th. They set an “overweight” rating on the stock. BTIG Research started coverage on shares of Apple in a report on Monday, August 17th. They issued a “neutral” rating on the stock. Finally, Rothschild & Co Redburn set a $400.00 price target on shares of Apple and gave the company a “buy” rating in a research report on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Apple has an average rating of “Moderate Buy” and an average price target of $330.61.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: CEO transition initially welcomed: John Ternus officially became CEO on Sept. 1 after 25 years at Apple, while Tim Cook remains executive chairman. Investors view Ternus’s hardware expertise as providing continuity, and Apple shares rose sharply during his first day in the role. Apple shares rise as John Ternus takes over as CEO
• Positive Sentiment: Constructive analyst outlook: Morgan Stanley reaffirmed its overweight rating and set a $360 price target, while Bank of America reiterated Buy with a $380 target. Analysts see potential for Apple to strengthen its position in the AI era through hardware, services and a new product cycle.
• Positive Sentiment: Foldable iPhone could add significant revenue: Morgan Stanley estimates Apple’s anticipated foldable iPhone could contribute approximately $14 billion in December-quarter revenue, creating a potential new growth engine. Apple foldable iPhone revenue estimate
• Neutral Sentiment: Sept. 9 launch is the key near-term catalyst: Wall Street considers the upcoming iPhone event an important test of pricing power, consumer demand, AI capabilities and whether Apple can sustain growth beyond its mature smartphone franchise. Ternus has described the launch as “phenomenal.” Why the next iPhone launch matters
• Neutral Sentiment: Leadership incentives align with shareholders: Ternus’s approximately $55 million–$58 million compensation package is heavily tied to Apple’s performance relative to the S&P 500. Cook will receive about $47 million as executive chairman, supporting continuity but underscoring his continued influence.
• Negative Sentiment: Valuation and growth concerns remain: DA Davidson maintained a Neutral rating with a $270 target, and Rosenblatt kept Neutral despite raising its target to $303. Analysts warn that Apple may need the foldable iPhone and stronger AI execution to avoid a revenue slowdown next year, while its premium valuation leaves limited room for disappointment.
• Negative Sentiment: AI, memory costs and legal risks weigh on sentiment: Apple trails some rivals in AI, faces elevated memory-chip costs that could pressure margins, and is engaged in a contentious trade-secrets lawsuit with OpenAI. OpenAI denies Apple’s allegations, increasing uncertainty around the dispute.

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.