121,484 Shares of Apple Inc. $AAPL Bought by Old Mission Investment Co LLC

Key Points

• Old Mission Investment Co. LLC purchased 121,484 Apple shares worth approximately $35.2 million in the second quarter, making Apple its fifth-largest holding at 7.3% of the portfolio.
• Institutional investors and hedge funds own 67.73% of Apple, with several other firms also establishing new positions during the quarter.
• Apple insiders sold about $92.1 million of stock over the past 90 days, primarily to cover tax obligations from vested equity awards. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $340.02, while citing valuation and margin risks.

Old Mission Investment Co LLC purchased a new stake in Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 121,484 shares of the iPhone maker's stock, valued at approximately $35,153,000. Apple accounts for approximately 7.3% of Old Mission Investment Co LLC's holdings, making the stock its 5th largest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Prospect Hill Management LLC purchased a new stake in Apple in the 2nd quarter valued at about $146,370,000. Focus Partners Advisor Solutions LLC acquired a new position in Apple in the second quarter valued at about $168,646,000. Wealthfront Advisers LLC purchased a new position in Apple during the second quarter worth about $482,388,000. Satovsky Asset Management LLC purchased a new stake in shares of Apple in the 2nd quarter valued at approximately $16,064,000. Finally, Saranac Partners Ltd purchased a new stake in shares of Apple in the 2nd quarter valued at approximately $9,513,000. Institutional investors and hedge funds own 67.73% of the company's stock.

Insider Buying and Selling

In other news, SVP Deirdre O'brien sold 46,389 shares of Apple stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the transaction, the senior vice president owned 136,810 shares in the company, valued at approximately $45,615,190.20. This trade represents a 25.32% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy Cook sold 191,753 shares of the business's stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.96, for a total value of $63,846,078.88. Following the transaction, the insider directly owned 3,264,168 shares of the company's stock, valued at approximately $1,086,837,377.28. This represents a 5.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 276,984 shares of company stock worth $92,116,025 over the last 90 days. 0.06% of the stock is currently owned by company insiders.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly partnering with LG to develop smart-home products including a smart lock, thermostat and doorbell. Expanding into connected-home hardware could deepen the Apple ecosystem and create additional long-term revenue opportunities. Apple smart home partnership
• Positive Sentiment: App Store revenue growth rebounded to approximately 5% in September after a weaker August, suggesting improving momentum for Apple’s high-margin Services business. The recovery is supportive, although UBS remains cautious about the durability of the growth. App Store growth rebounds
• Positive Sentiment: Apple’s latest reported quarter remains a fundamental support: revenue rose 16.4% year over year to $109.42 billion and earnings exceeded analyst expectations. Investor optimism is also tied to a potential Siri overhaul and stronger AI capabilities.
• Neutral Sentiment: Apple is trading above many analyst price targets, while its roughly 38-times earnings valuation leaves limited room for execution disappointments. Investors are watching whether a possible $1,999 foldable iPhone can justify premium pricing and sustain the current market multiple. Apple valuation and memory costs
• Neutral Sentiment: Apple’s weighting in major index and technology ETFs remains substantial as Apple, Microsoft and Nvidia together account for about 21% of the S&P 500. This supports demand through passive investing but also increases concentration and valuation risk. Apple ETF exposure
• Negative Sentiment: Memory-cost inflation could pressure gross margins, while analysts expect earnings growth to slow to roughly 8.5% in 2027. Concerns that Apple remains behind rivals in AI monetization make the premium valuation more difficult to defend. Apple earnings multiple concerns
• Negative Sentiment: CEO John Ternus, Timothy Cook and SVP Deirdre O’Brien sold shares worth roughly $87.8 million in total. The filings cited tax withholding related to vested equity awards, reducing the signal of bearish intent, but the insider selling may still create short-term headline pressure. Apple insider sales

Analysts Set New Price Targets

A number of research firms recently weighed in on AAPL. Barclays reaffirmed an "underweight" rating and set a $245.00 price objective (down from $253.00) on shares of Apple in a research report on Friday, July 31st. Royal Bank Of Canada set a $365.00 target price on Apple in a research report on Wednesday, July 15th. Weiss Ratings cut Apple from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft lowered Apple from a "buy" rating to a "hold" rating in a research report on Monday, August 17th. Finally, DZ Bank cut Apple from a "buy" rating to a "hold" rating and set a $310.00 price objective for the company. in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $340.02.

Apple Price Performance

Apple stock opened at $333.63 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $345.34. The firm has a market cap of $4.87 trillion, a PE ratio of 38.26, a price-to-earnings-growth ratio of 2.65 and a beta of 1.07. The company's 50 day moving average is $321.95 and its two-hundred day moving average is $301.49.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.13. The business had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.57 earnings per share. On average, research analysts expect that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were issued a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple's dividend payout ratio is 12.39%.

Apple Company Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple's services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.

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