Apple Inc. $AAPL Shares Sold by BCS Wealth Management

BCS Wealth Management cut its stake in shares of Apple Inc. (NASDAQ:AAPL) by 50.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,621 shares of the iPhone maker’s stock after selling 18,969 shares during the quarter. BCS Wealth Management’s holdings in Apple were worth $4,726,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Isthmus Partners LLC raised its holdings in shares of Apple by 6.4% during the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock worth $25,000 after purchasing an additional 5,808 shares during the last quarter. Lifetime Wealth Management P.C. purchased a new stake in Apple in the fourth quarter valued at $41,000. ROSS JOHNSON & Associates LLC boosted its holdings in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares during the last quarter. LSV Asset Management acquired a new stake in Apple during the 4th quarter worth about $65,000. Finally, Timmons Wealth Management LLC acquired a new stake in Apple during the 4th quarter worth about $69,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is accelerating software security updates to respond faster to AI-driven hacking threats, which could reassure users and enterprises that the company is proactively protecting its ecosystem. Reuters: Apple says it is releasing updates early in response to AI cybersecurity concerns
• Positive Sentiment: Counterpoint-related reports suggest Apple could reach record market share in smartphones, laptops, and tablets in 2026, reinforcing the company’s competitive position and long-term device demand. Seeking Alpha: Apple to hit record market share in smartphones, laptops, tablets in 2026: Counterpoint
• Positive Sentiment: Some analysts argue Apple’s recent price increases may not hurt earnings as much as feared because of the company’s pricing power and loyal customer base. TipRanks: Apple Raising Device Prices May Not Hurt Earnings as Much as Investors Fear
• Neutral Sentiment: Reports that Apple wants approval to buy memory chips from China’s CXMT highlight efforts to secure supply, but also underscore how the AI-driven memory crunch is pressuring margins and creating geopolitical risk. Invezz: Apple wants to buy memory chips from CXMT
• Negative Sentiment: Apple is facing intensified scrutiny over recent price hikes, with multiple reports warning that higher component costs could slow revenue growth and pressure consumer demand. Barchart: Price Hikes Could Create a Major Problem for AAPL Stock
• Negative Sentiment: Apple’s dispute with India’s antitrust regulator adds legal uncertainty, with the company accusing the watchdog of copying rivals’ claims and potentially raising the risk of tougher App Store remedies. Reuters: Apple iPhone 18 Pro supplier list… exposed in Tata data leak
• Negative Sentiment: A Reuters report that iPhone 18 Pro supplier and component details were exposed in a Tata Electronics data leak adds another supply-chain and product-secrecy concern for Apple. Yahoo Finance video: Apple says India ‘copy-pasted’ rivals’ claims in antitrust probe

Insider Activity at Apple

In related news, CEO Timothy D. Cook sold 64,949 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. This represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevan Parekh sold 1,534 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at $3,675,650. This represents a 10.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 97,875 shares of company stock worth $24,998,541 over the last three months. Company insiders own 0.06% of the company’s stock.

Apple Trading Down 0.7%

Shares of AAPL stock opened at $281.74 on Tuesday. The stock has a 50 day simple moving average of $292.88 and a 200-day simple moving average of $273.20. Apple Inc. has a 1-year low of $199.26 and a 1-year high of $317.40. The company has a market cap of $4.14 trillion, a price-to-earnings ratio of 34.07, a PEG ratio of 2.47 and a beta of 1.09. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.95 by $0.06. The company had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.65 EPS. On average, equities research analysts expect that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a dividend of $0.27 per share. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s dividend payout ratio is presently 13.06%.

Analyst Ratings Changes

AAPL has been the subject of a number of recent research reports. Robert W. Baird set a $310.00 price objective on Apple in a research note on Friday, May 1st. Tigress Financial reaffirmed a “strong-buy” rating and set a $375.00 target price (up from $305.00) on shares of Apple in a report on Thursday, May 14th. BNP Paribas Exane upgraded Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price target for the company in a research report on Friday, April 17th. Stifel Nicolaus set a $330.00 price target on Apple in a report on Monday, March 2nd. Finally, Needham & Company LLC reissued a “hold” rating on shares of Apple in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $314.85.

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.