Contravisory Investment Management Inc. Sells 5,017 Shares of Apple Inc. $AAPL

Contravisory Investment Management Inc. trimmed its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 10.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 41,434 shares of the iPhone maker’s stock after selling 5,017 shares during the quarter. Apple accounts for approximately 2.0% of Contravisory Investment Management Inc.’s investment portfolio, making the stock its 13th biggest position. Contravisory Investment Management Inc.’s holdings in Apple were worth $10,550,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in Apple by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,415,932,804 shares of the iPhone maker’s stock worth $290,506,933,000 after buying an additional 15,141,995 shares during the last quarter. State Street Corp grew its stake in shares of Apple by 0.9% in the second quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker’s stock worth $123,358,461,000 after acquiring an additional 5,224,229 shares during the period. Geode Capital Management LLC grew its stake in shares of Apple by 1.4% in the second quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker’s stock worth $72,506,336,000 after acquiring an additional 4,942,638 shares during the period. Kingstone Capital Partners Texas LLC raised its holdings in shares of Apple by 573,627.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 205,692,660 shares of the iPhone maker’s stock valued at $39,065,374,000 after purchasing an additional 205,656,808 shares during the last quarter. Finally, Norges Bank bought a new position in Apple during the second quarter valued at approximately $38,942,255,000. Institutional investors own 67.73% of the company’s stock.

Insider Activity at Apple

In related news, SVP Katherine L. Adams sold 47,125 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $256.79, for a total value of $12,101,228.75. Following the completion of the transaction, the senior vice president owned 179,158 shares of the company’s stock, valued at approximately $46,005,982.82. This represents a 20.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Chris Kondo sold 3,752 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $271.23, for a total value of $1,017,654.96. Following the completion of the sale, the insider owned 15,098 shares of the company’s stock, valued at $4,095,030.54. The trade was a 19.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 228,052 shares of company stock worth $58,604,588 in the last 90 days. Company insiders own 0.06% of the company’s stock.

Apple Trading Up 0.5%

Shares of NASDAQ:AAPL opened at $272.36 on Wednesday. The stock has a 50 day moving average of $271.11 and a 200 day moving average of $240.79. The company has a market cap of $4.02 trillion, a PE ratio of 36.46, a price-to-earnings-growth ratio of 2.54 and a beta of 1.10. 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 Inc. has a 12-month low of $169.21 and a 12-month high of $288.62.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.11. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company had revenue of $102.47 billion for the quarter, compared to analysts’ expectations of $101.65 billion. During the same quarter last year, the business earned $1.64 EPS. The firm’s revenue was up 8.7% compared to the same quarter last year. As a group, equities research analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, November 10th were paid a dividend of $0.26 per share. The ex-dividend date was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s payout ratio is 13.92%.

Analyst Ratings Changes

A number of research firms have commented on AAPL. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Apple in a research report on Monday. DZ Bank upgraded Apple from a “hold” rating to a “buy” rating and set a $300.00 price target on the stock in a research note on Tuesday, November 4th. Wells Fargo & Company set a $300.00 price objective on Apple and gave the stock an “overweight” rating in a report on Friday, October 31st. HSBC set a $220.00 target price on Apple and gave the company a “hold” rating in a report on Monday, September 8th. Finally, UBS Group restated a “neutral” rating on shares of Apple in a research note on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $283.92.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Morgan Stanley and other Wall Street analysts lifted targets and reiterated bullish views on Apple based on iPhone strength and expected AI-driven earnings upside; those upgrades help justify higher valuations and buying interest. Morgan Stanley Lifts Apple Inc. (AAPL) Price Target
• Positive Sentiment: Apple released a new AI model and market commentary points to growing confidence that Apple’s AI roadmap (including Siri enhancements) could become a revenue/engagement driver in 2026 — a potential catalyst for multiple expansion. Apple Just Released a New AI Model
• Positive Sentiment: Several bullish research notes and price-target raises (including a high-profile $350 call) and coverage arguing material upside as Apple executes on hardware + AI have lifted investor sentiment. Analysts’ momentum supports flows into AAPL. Wall Street Analysts See Major Upside as AI Plans Unfold
• Neutral Sentiment: Apple spent 2025 restructuring and positioning for future growth with moves beyond pure AI hype; that strategic pacing may comfort long-term investors but delays near-term AI monetization. Apple spent 2025 setting itself up for the future
• Neutral Sentiment: Reports that Apple is targeting 2026 launches for AI smart glasses and camera-equipped AirPods are encouraging for product-cycle upside but represent forward-looking expectations rather than immediate revenue. Apple Targets 2026 Launch For AI Smart Glasses
• Negative Sentiment: Italy’s competition authority fined Apple ~98.6M euros (~$115M) for alleged abuse tied to an App Store privacy feature — a regulatory cost and reputational headwind that can increase scrutiny and compliance expenses in Europe. Italy fines Apple for alleged App Store abuse
• Negative Sentiment: Apple agreed to allow third‑party app stores on iOS in Brazil to settle a multi‑year regulatory case — this reduces App Store exclusivity and could pressure App Store revenues if similar rules spread to other jurisdictions. Apple to allow third-party app stores in Brazil
• Negative Sentiment: Reports that Berkshire Hathaway sold portions of its Apple stake continue to be cited by media and may stoke short-term selling or narrative risk, even as some analysts view the moves as portfolio-sizing rather than a long-term vote of no confidence. Buffett’s $24 Billion Selling Spree
• Neutral Sentiment: China’s vice commerce minister met Apple’s COO to discuss operations — a potentially constructive development for supply chains and market access, but its impact is contingent on follow-up actions. China official met Apple COO

Apple 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.