306,732 Shares in Apple Inc. $AAPL Bought by 71 West Capital Partners

71 West Capital Partners purchased a new stake in Apple Inc. (NASDAQ:AAPL) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 306,732 shares of the iPhone maker’s stock, valued at approximately $83,388,000. Apple accounts for approximately 3.8% of 71 West Capital Partners’ investment portfolio, making the stock its 7th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Harborfront Financial Group LLC acquired a new stake in Apple during the fourth quarter worth about $953,000. Alberta Investment Management Corp lifted its holdings in shares of Apple by 84.0% during the 4th quarter. Alberta Investment Management Corp now owns 392,200 shares of the iPhone maker’s stock worth $106,623,000 after acquiring an additional 179,100 shares during the period. Faithward Advisors LLC boosted its position in shares of Apple by 11.3% during the 4th quarter. Faithward Advisors LLC now owns 48,472 shares of the iPhone maker’s stock worth $13,178,000 after acquiring an additional 4,903 shares in the last quarter. Capital Financial Group Inc. Co. ADV acquired a new stake in shares of Apple during the 4th quarter worth approximately $5,097,000. Finally, University of Texas Texas AM Investment Management Co. increased its stake in Apple by 2,219.2% in the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 108,908 shares of the iPhone maker’s stock valued at $29,608,000 after acquiring an additional 104,212 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple Stock Performance

Shares of AAPL stock opened at $299.24 on Wednesday. The firm has a market capitalization of $4.40 trillion, a price-to-earnings ratio of 36.18, a PEG ratio of 2.58 and a beta of 1.09. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The business’s 50-day moving average price is $287.32 and its 200-day moving average price is $272.54. Apple Inc. has a 12 month low of $195.07 and a 12 month high of $317.40.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.06. The company had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.65 earnings per share. Equities research analysts forecast that Apple Inc. will post 8.75 EPS for the current year.

Apple Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a $0.27 dividend. This is a positive change from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. Apple’s payout ratio is presently 13.06%.

Insider Buying and Selling

In related news, SVP Deirdre O’brien sold 30,002 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of the sale, the senior vice president directly owned 136,810 shares in the company, valued at $34,934,433.50. This represents a 17.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $290.00, for a total value of $369,460.00. Following the completion of the sale, the insider directly owned 38,713 shares of the company’s stock, valued at approximately $11,226,770. The trade was a 3.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 97,759 shares of company stock valued at $24,964,305. Company insiders own 0.06% of the company’s stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly preparing a major 2027 product push featuring camera-equipped AirPods, AI sunglasses, a foldable iPhone, and a 20th-anniversary iPhone, which could reignite hardware growth. Apple (AAPL) Plans Camera AirPods and a Foldable iPhone for 2027 in Major Product Push
• Positive Sentiment: Wall Street remains upbeat after WWDC, with TD Cowen and Maxim reiterating bullish views and raising the price target, arguing Apple’s AI rollout is still in the early stages. Qualcomm Is Eyeing a Massive AI Pivot. Why Wall Street Is Still Cautious.
• Positive Sentiment: Investors are also encouraged by commentary that AI could strengthen Apple’s long-term bull case, since the company controls the device, operating system, and ecosystem where AI features will be delivered. AI Strengthens Apple (AAPL) Stock’s Bull Case
• Neutral Sentiment: Apple’s supplier Tata Electronics said India’s pollution board dropped scrutiny of its iPhone parts plant after contamination concerns were addressed, removing a near-term operational distraction. Tata says India pollution board drops scrutiny of Apple iPhone parts plant
• Neutral Sentiment: Apple is also facing a new Italy antitrust probe over cloud interoperability under the Digital Markets Act, which adds regulatory noise but is not yet a quantified financial hit. Italy’s antitrust regulator probes Apple over cloud services under Digital Market rules
• Negative Sentiment: Some reports say Apple was not fully able to meet investor expectations on AI at WWDC, and skepticism around near-term execution is weighing on sentiment. Here’s Why Apple Inc (AAPL) Is Falling Despite AI Advancements at WWDC 2026
• Negative Sentiment: Apple is reportedly planning changes to its Hide My Email privacy feature, which could make anonymous sign-ups easier to block and may be viewed as a privacy tradeoff. Apple plans to change its Hide My Email privacy feature that could make it less effective

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Apple in a report on Monday, March 2nd. KeyCorp reissued a “sector weight” rating on shares of Apple in a report on Tuesday, June 9th. Barclays restated an “underweight” rating on shares of Apple in a research report on Tuesday, June 9th. Morgan Stanley set a $325.00 target price on Apple in a research report on Tuesday, June 9th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $310.00 target price (up from $300.00) on shares of Apple in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $314.59.

Apple Company 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.