Apple Inc. $AAPL Shares Sold by Cache Advisors LLC

Cache Advisors LLC lowered its holdings in Apple Inc. (NASDAQ:AAPL) by 4.1% during the first quarter, HoldingsChannel reports. The fund owned 233,789 shares of the iPhone maker’s stock after selling 9,914 shares during the period. Apple accounts for about 6.9% of Cache Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Cache Advisors LLC’s holdings in Apple were worth $59,333,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AAPL. Isthmus Partners LLC lifted its position in shares of Apple by 6.4% during the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock worth $25,000 after buying an additional 5,808 shares during the last quarter. Lifetime Wealth Management P.C. purchased a new position in shares of Apple in the 4th quarter valued at $41,000. ROSS JOHNSON & Associates LLC raised its stake in Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after acquiring an additional 180 shares in the last quarter. LSV Asset Management acquired a new stake in Apple during the 4th quarter worth $65,000. Finally, Timmons Wealth Management LLC acquired a new stake in Apple during the 4th quarter worth $69,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple News Summary

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Wedbush restated an “outperform” rating and issued a $400.00 price objective on shares of Apple in a research note on Friday, June 5th. UBS Group reiterated a “buy” rating on shares of Apple in a research report on Tuesday, June 9th. Needham & Company LLC reissued a “hold” rating on shares of Apple in a report on Tuesday, June 9th. Stifel Nicolaus set a $330.00 target price on Apple in a report on Monday, March 2nd. Finally, Citigroup reissued a “buy” rating on shares of Apple in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $314.85.

Apple Trading Down 0.7%

Shares of Apple stock opened at $281.74 on Tuesday. The firm has a market cap of $4.14 trillion, a price-to-earnings ratio of 34.07, a price-to-earnings-growth ratio of 2.47 and a beta of 1.09. Apple Inc. has a 52-week low of $199.26 and a 52-week high of $317.40. The company’s 50-day simple moving average is $292.88 and its 200-day simple moving average is $273.20. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. The firm had revenue of $111.18 billion during the quarter, compared to the consensus estimate 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 last year, the firm earned $1.65 earnings per share. As a group, equities research analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

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

Insiders Place Their Bets

In other news, CFO Kevan Parekh sold 1,534 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value of $421,850.00. Following the completion of the transaction, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. This trade represents a 10.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ben Borders sold 116 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the sale, the insider owned 38,713 shares of the company’s stock, valued at $11,425,754.82. This trade represents a 0.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 97,875 shares of company stock worth $24,998,541 in the last ninety days. 0.06% of the stock is owned by insiders.

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.