Cypress Point Wealth Management LLC decreased its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 27.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,357 shares of the iPhone maker’s stock after selling 2,075 shares during the quarter. Cypress Point Wealth Management LLC’s holdings in Apple were worth $1,364,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Baker Boyer National Bank grew its stake in shares of Apple by 0.3% in the 2nd quarter. Baker Boyer National Bank now owns 18,011 shares of the iPhone maker’s stock worth $3,695,000 after acquiring an additional 47 shares in the last quarter. Beddow Capital Management Inc. boosted its holdings in Apple by 1.8% during the second quarter. Beddow Capital Management Inc. now owns 2,597 shares of the iPhone maker’s stock worth $533,000 after purchasing an additional 47 shares during the last quarter. Red Tortoise LLC grew its position in Apple by 0.9% in the 2nd quarter. Red Tortoise LLC now owns 5,717 shares of the iPhone maker’s stock worth $1,173,000 after purchasing an additional 49 shares in the last quarter. SigFig Wealth Management LLC increased its stake in Apple by 2.8% in the 2nd quarter. SigFig Wealth Management LLC now owns 1,830 shares of the iPhone maker’s stock valued at $368,000 after buying an additional 50 shares during the last quarter. Finally, Shariaportfolio Inc. lifted its position in shares of Apple by 1.3% during the 2nd quarter. Shariaportfolio Inc. now owns 3,999 shares of the iPhone maker’s stock worth $820,000 after buying an additional 50 shares in the last quarter. 67.73% of the stock is owned by institutional investors.
Apple News Summary
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Analyst bullishness and price-target lifts are supporting momentum — Evercore ISI recently raised its price target, adding buy-side validation to Apple’s rally. Evercore ISI raises PT on Apple (AAPL) stock
- Positive Sentiment: Macro/strategy pieces argue 2026 could be a breakout year for Apple (AI roadmap + resilient iPhone sales), which supports longer-term investor demand and multiple expansion. Why 2026 May Be Apple’s Year
- Positive Sentiment: Large tech buybacks remain a market tailwind; Apple is part of the broader buyback-driven support in the sector that can buoy share price and EPS. These Techs Had The Biggest Stock Buybacks In Q3. What To Expect In 2026.
- Neutral Sentiment: Search and retail interest in AAPL is elevated (Zacks notes heavy investor searches), which can increase short-term liquidity and volatility but doesn’t guarantee direction. Investors Heavily Search Apple Inc. (AAPL): Here is What You Need to Know
- Neutral Sentiment: Political/private buying flows: a congressman’s continued purchases of Magnificent Seven names underscores retail/insider demand themes but is not a company-specific fundamental change. Congressman Can’t Stop Buying Magnificent 7 Stocks: These Are His Latest Picks
- Neutral Sentiment: Apple updated its developer agreement to allow recouping unpaid fees from in‑app transactions — that helps protect cash flows but may increase developer friction and headlines. Apple becomes a debt collector with its new developer agreement
- Negative Sentiment: Japan’s Mobile Software Competition Act forced Apple to allow alternative app stores and off‑platform payments there — a direct threat to App Store commission revenue and a regulatory precedent. Investors worry this could roll into other markets. Apple opens iPhone to alternative app stores in Japan
- Negative Sentiment: Regulatory pushback in Europe and criticism from apps groups over Apple’s DMA implementation add uncertainty and potential fee-reduction pressure beyond Japan. Apple stock (AAPL) slides as European apps group slams its DMA-dodging exorbitant fees
- Negative Sentiment: Prediction-market chatter that Alphabet could leapfrog Apple on market cap highlights competitive risk and can sap sentiment for mega-cap incumbents if sustained. Prediction market suggests Alphabet’s market cap can leapfrog Apple’s, Nvidia’s
Analysts Set New Price Targets
Read Our Latest Stock Report on AAPL
Apple Stock Performance
Shares of AAPL stock opened at $273.67 on Monday. The firm’s 50 day moving average is $270.16 and its 200 day moving average is $239.82. The stock has a market capitalization of $4.04 trillion, a P/E ratio of 36.64, a PEG ratio of 2.56 and a beta of 1.10. Apple Inc. has a 12 month low of $169.21 and a 12 month high of $288.62. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 1.06.
Apple (NASDAQ:AAPL – Get Free Report) last issued its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.11. The business had revenue of $102.47 billion for the quarter, compared to analysts’ expectations of $101.65 billion. Apple had a net margin of 26.92% and a return on equity of 164.05%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.64 EPS. On average, sell-side analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.
Apple Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, November 10th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple’s dividend payout ratio is 13.92%.
Insiders Place Their Bets
In other news, CEO Timothy D. Cook sold 129,963 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $256.81, for a total transaction of $33,375,798.03. Following the sale, the chief executive officer directly owned 3,280,295 shares in the company, valued at $842,412,558.95. This represents a 3.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Kevan Parekh sold 4,199 shares of the stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $247.39, for a total transaction of $1,038,790.61. Following the completion of the sale, the chief financial officer directly owned 8,765 shares in the company, valued at approximately $2,168,373.35. The trade was a 32.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 228,052 shares of company stock worth $58,604,588 over the last quarter. Insiders own 0.06% of the company’s stock.
About Apple
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.
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