Apple Inc. $AAPL Shares Acquired by Plan A Wealth LLC

Plan A Wealth LLC lifted its position in Apple Inc. (NASDAQ:AAPL) by 426.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,846 shares of the iPhone maker’s stock after purchasing an additional 44,431 shares during the quarter. Apple comprises 6.2% of Plan A Wealth LLC’s holdings, making the stock its 3rd largest position. Plan A Wealth LLC’s holdings in Apple were worth $18,179,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AAPL. New Covenant Trust Company N.A. grew its holdings in Apple by 10.4% during the third quarter. New Covenant Trust Company N.A. now owns 21,378 shares of the iPhone maker’s stock worth $7,119,000 after acquiring an additional 2,006 shares during the period. Kaydan Wealth Management Inc. lifted its holdings in Apple by 35.4% in the third quarter. Kaydan Wealth Management Inc. now owns 14,230 shares of the iPhone maker’s stock valued at $4,505,000 after acquiring an additional 3,719 shares during the period. Toth Financial Advisory Corp lifted its holdings in Apple by 52.9% in the third quarter. Toth Financial Advisory Corp now owns 138,578 shares of the iPhone maker’s stock valued at $43,342,000 after acquiring an additional 47,921 shares during the period. Whalen Wealth Management Inc. boosted its position in Apple by 0.3% in the 3rd quarter. Whalen Wealth Management Inc. now owns 21,628 shares of the iPhone maker’s stock worth $7,202,000 after purchasing an additional 56 shares in the last quarter. Finally, City Center Advisors LLC boosted its position in Apple by 6.1% in the 3rd quarter. City Center Advisors LLC now owns 7,551 shares of the iPhone maker’s stock worth $2,515,000 after purchasing an additional 434 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Buying and Selling

In other news, SVP Jennifer Newstead sold 2,399 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total transaction of $806,495.82. Following the transaction, the senior vice president directly owned 41,992 shares in the company, valued at $14,116,870.56. The trade was a 5.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John Ternus sold 25,412 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total value of $8,460,671.28. Following the completion of the sale, the chief executive officer owned 59,567 shares of the company’s stock, valued at $19,832,236.98. This trade represents a 29.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 281,782 shares of company stock valued at $93,740,172. 0.06% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AAPL shares. Morgan Stanley set a $355.00 price objective on shares of Apple and gave the stock an “overweight” rating in a research note on Thursday, October 1st. CICC Research boosted their target price on shares of Apple from $310.00 to $340.00 and gave the company an “outperform” rating in a research note on Tuesday, August 4th. Robert W. Baird increased their price target on shares of Apple from $310.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Rosenblatt Securities restated a “neutral” rating and set a $303.00 price target on shares of Apple in a research report on Thursday, September 10th. Finally, Evercore set a $380.00 price target on shares of Apple and gave the company an “outperform” rating in a research report on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $340.39.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s $1,999 iPhone Duo reportedly sold out within minutes of preorders opening, with delivery estimates pushed into 2027. The response suggests strong pricing power and could establish a significant new premium product category. Apple blames extraordinary demand as foldable iPhones sell out
• Positive Sentiment: Evercore ISI said the iPhone Duo’s extended lead times support its Buy rating and $380 price target. Investors view the launch as a potential catalyst for higher average selling prices and iPhone revenue. Apple early iPhone demand supports Buy rating
• Positive Sentiment: Apple and Meta are collaborating to run Meta’s 816-billion-parameter Muse Spark Open AI model locally on high-end Macs. The partnership may strengthen Mac demand for AI workloads and improve Apple’s AI positioning without requiring a competing mega-scale model. Apple and Meta team up on AI
• Neutral Sentiment: UBS cautioned that iPhone demand could weaken, highlighting the risk that strong initial foldable-phone interest may not translate into sustained volume. Apple’s roughly $5 trillion valuation also leaves the stock dependent on continued execution.
• Negative Sentiment: UK regulators are preparing a legal fight that could require Apple to give competing payment providers access to technology behind Apple Pay’s tap-to-pay functionality. A forced opening could weaken the payments ecosystem and create compliance costs. Apple set for UK legal fight over tap-to-pay rules
• Negative Sentiment: Apple faces ongoing concerns about lagging rivals in AI infrastructure and advanced assistants. Reports that some iPhone 18 Pro component orders were reduced add to questions about future handset demand.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares worth approximately $828,000. The transaction is small relative to Apple’s size but represents another insider sale and may have modest signaling value.

Apple Price Performance

Apple stock traded up $1.46 during trading on Friday, reaching $343.46. The company had a trading volume of 59,879,121 shares, compared to its average volume of 38,324,512. The firm has a market capitalization of $5.01 trillion, a PE ratio of 39.39, a price-to-earnings-growth ratio of 2.71 and a beta of 1.07. The firm’s 50-day simple moving average is $325.83 and its 200 day simple moving average is $306.16. 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 Inc. has a 1-year low of $243.42 and a 1-year high of $348.15.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 EPS 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 firm had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same period in the prior year, the company earned $1.57 EPS. The firm’s revenue was up 16.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis 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%.

Apple Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple’s services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.