Apple Inc. $AAPL Shares Sold by BetterWealth LLC

BetterWealth LLC cut its stake in shares of Apple Inc. (NASDAQ:AAPL) by 8.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 132,793 shares of the iPhone maker’s stock after selling 11,793 shares during the quarter. Apple accounts for about 8.1% of BetterWealth LLC’s investment portfolio, making the stock its 4th biggest holding. BetterWealth LLC’s holdings in Apple were worth $33,813,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AAPL. First National Bank Sioux Falls raised its position in Apple by 1.0% during the 3rd quarter. First National Bank Sioux Falls now owns 22,579 shares of the iPhone maker’s stock worth $5,749,000 after buying an additional 222 shares during the last quarter. Eagle Strategies LLC boosted its holdings in shares of Apple by 2.5% in the 3rd quarter. Eagle Strategies LLC now owns 38,105 shares of the iPhone maker’s stock valued at $9,703,000 after acquiring an additional 917 shares during the last quarter. Saxony Capital Management LLC increased its stake in shares of Apple by 5.1% in the third quarter. Saxony Capital Management LLC now owns 13,162 shares of the iPhone maker’s stock worth $3,351,000 after acquiring an additional 640 shares during the period. Christensen King & Associates Investment Services Inc. raised its holdings in shares of Apple by 11.0% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 12,675 shares of the iPhone maker’s stock worth $3,227,000 after purchasing an additional 1,255 shares during the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of Apple by 4.5% during the third quarter. Global Retirement Partners LLC now owns 472,772 shares of the iPhone maker’s stock worth $120,382,000 after purchasing an additional 20,495 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Activity at Apple

In related news, insider Chris Kondo sold 3,752 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 15,098 shares in the company, valued at approximately $4,095,030.54. This represents a 19.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.06% of the company’s stock.

Apple Stock Up 0.4%

NASDAQ AAPL opened at $247.65 on Thursday. The business has a fifty day moving average price of $270.43 and a 200 day moving average price of $249.54. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.86 and a current ratio of 0.89. The company has a market cap of $3.64 trillion, a P/E ratio of 33.15, a P/E/G ratio of 2.31 and a beta of 1.09. Apple Inc. has a one year low of $169.21 and a one year high of $288.62.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.11. The company had revenue of $102.47 billion during 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%. Apple’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.64 EPS. Research analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Announces Dividend

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

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Reports say Apple is developing a small AI wearable (a pin with cameras and microphones), highlighting a potential new hardware category and another touchpoint for on‑device AI integration. Read More.
• Positive Sentiment: Multiple outlets report Apple will revamp Siri into a full‑blown AI chatbot (targeted for iOS 27 and WWDC), which could materially boost Services stickiness and user engagement if execution matches expectations. Read More.
• Positive Sentiment: Apple is preparing to launch Apple Pay in India this year, a meaningful long‑term payments expansion into a large addressable market if regulatory talks succeed. Read More.
• Positive Sentiment: Analyst support remains strong: Evercore and other firms have reiterated bullish views and raised price targets (Evercore’s $330 and higher targets from peers), which underpins the buy‑the‑dip narrative. Read More.
• Positive Sentiment: A MarketBeat analysis argues the recent pullback looks stretched and technically oversold, framing earnings as a potential catalyst for a sharp rebound if Apple posts another beat. Read More.
• Neutral Sentiment: Earnings are a near‑term catalyst — Apple’s Q1 results (late January) are the primary event investors are positioning for; outcomes could drive volatility in either direction. Read More.
• Negative Sentiment: Macro/geopolitical risk and recent headlines (tariff threats and risk‑off flows) triggered a sharp sell‑off in recent sessions, which pressured shares despite upgrades — a reminder that external shocks can overwhelm company‑specific positives. Read More.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AAPL. Wedbush reaffirmed an “outperform” rating and set a $350.00 price target on shares of Apple in a research report on Monday, January 12th. Citigroup reissued a “buy” rating and issued a $315.00 price objective (down previously from $330.00) on shares of Apple in a report on Tuesday. JPMorgan Chase & Co. raised their target price on Apple from $290.00 to $305.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Bank of America lifted their price target on Apple from $270.00 to $320.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, DZ Bank raised Apple from a “hold” rating to a “buy” rating and set a $300.00 price target for the company in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $281.70.

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.