25 LLC Acquires 2,075 Shares of Apple Inc. (NASDAQ:AAPL)

25 LLC boosted its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 15.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,331 shares of the iPhone maker’s stock after acquiring an additional 2,075 shares during the period. Apple makes up approximately 1.5% of 25 LLC’s investment portfolio, making the stock its 12th largest holding. 25 LLC’s holdings in Apple were worth $2,952,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AAPL. Conservest Capital Advisors Inc. lifted its stake in Apple by 0.3% during the third quarter. Conservest Capital Advisors Inc. now owns 16,802 shares of the iPhone maker’s stock worth $2,877,000 after purchasing an additional 55 shares during the last quarter. High Pines Wealth Management LLC lifted its stake in shares of Apple by 0.7% in the 4th quarter. High Pines Wealth Management LLC now owns 8,506 shares of the iPhone maker’s stock valued at $1,638,000 after acquiring an additional 58 shares during the last quarter. Kraft Davis & Associates LLC lifted its stake in shares of Apple by 0.9% in the 3rd quarter. Kraft Davis & Associates LLC now owns 6,716 shares of the iPhone maker’s stock valued at $1,155,000 after acquiring an additional 59 shares during the last quarter. MKT Advisors LLC lifted its stake in shares of Apple by 0.5% in the 2nd quarter. MKT Advisors LLC now owns 12,269 shares of the iPhone maker’s stock valued at $1,777,000 after acquiring an additional 60 shares during the last quarter. Finally, Cassia Capital Partners LLC lifted its stake in shares of Apple by 1.2% in the 3rd quarter. Cassia Capital Partners LLC now owns 5,209 shares of the iPhone maker’s stock valued at $892,000 after acquiring an additional 60 shares during the last quarter. 60.41% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AAPL shares. Bank of America upgraded Apple from a “neutral” rating to a “buy” rating and increased their price target for the company from $208.00 to $225.00 in a research note on Thursday, January 18th. Citigroup reiterated a “buy” rating and issued a $225.00 price target on shares of Apple in a research note on Friday, February 16th. Piper Sandler dropped their price target on Apple from $205.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, February 2nd. Piper Sandler Companies downgraded Apple to a “neutral” rating and cut their target price for the stock from $220.00 to $205.00 in a report on Thursday, January 4th. Finally, Redburn Atlantic downgraded Apple from a “buy” rating to a “neutral” rating and set a $200.00 target price on the stock. in a report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $204.23.

Apple Trading Down 1.1 %

Shares of AAPL stock opened at $167.78 on Thursday. The company’s fifty day simple moving average is $177.12 and its two-hundred day simple moving average is $182.20. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.07 and a quick ratio of 1.02. Apple Inc. has a 1 year low of $159.78 and a 1 year high of $199.62. The stock has a market capitalization of $2.59 trillion, a price-to-earnings ratio of 26.13, a PEG ratio of 2.03 and a beta of 1.27.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, February 1st. The iPhone maker reported $2.18 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.09. The company had revenue of $119.60 billion during the quarter, compared to analyst estimates of $117.99 billion. Apple had a net margin of 26.16% and a return on equity of 156.04%. Apple’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.88 earnings per share. As a group, analysts anticipate that Apple Inc. will post 6.55 earnings per share for the current year.

Apple Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Monday, February 12th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date was Friday, February 9th. Apple’s payout ratio is currently 14.95%.

Insider Buying and Selling

In other Apple news, SVP Deirdre O’brien sold 54,732 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $168.91, for a total transaction of $9,244,782.12. Following the completion of the transaction, the senior vice president now owns 136,572 shares of the company’s stock, valued at $23,068,376.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Timothy D. Cook sold 99,183 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $170.03, for a total transaction of $16,864,085.49. Following the completion of the sale, the chief executive officer now owns 3,377,407 shares of the company’s stock, valued at $574,260,512.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Deirdre O’brien sold 54,732 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $168.91, for a total transaction of $9,244,782.12. Following the sale, the senior vice president now directly owns 136,572 shares of the company’s stock, valued at approximately $23,068,376.52. The disclosure for this sale can be found here. Insiders sold a total of 253,915 shares of company stock valued at $44,202,868 over the last three months. Corporate insiders own 0.06% of the company’s stock.

Apple Profile

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.