13,204 Apple Inc. $AAPL Shares Bought by LifeGoal Investments LLC

Key Points

• LifeGoal Investments increased its Apple stake by 76.6% in the third quarter, purchasing 13,204 additional shares. Apple now represents about 3.1% of the firm’s portfolio, while institutional investors collectively own 67.73% of the stock.
• Apple recently exceeded quarterly earnings expectations, reporting $2.02 in earnings per share and $109.42 billion in revenue, with revenue up 16.4% year over year. Analysts maintain a consensus “Moderate Buy” rating and an average price target of $340.39.
• Apple insiders sold shares largely to cover tax obligations from vested equity awards, including sales by senior executive Deirdre O’Brien and CEO John Ternus. Insiders sold 281,782 shares worth approximately $93.7 million over the past 90 days.

LifeGoal Investments LLC boosted its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 76.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,440 shares of the iPhone maker's stock after buying an additional 13,204 shares during the quarter. Apple makes up about 3.1% of LifeGoal Investments LLC's investment portfolio, making the stock its 7th largest holding. LifeGoal Investments LLC's holdings in Apple were worth $10,137,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. State Street Corp grew its position in shares of Apple by 4.7% during the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker's stock valued at $182,897,769,000 after acquiring an additional 28,321,085 shares during the period. Berkshire Hathaway Inc purchased a new stake in shares of Apple in the 2nd quarter worth $65,950,297,000. Bank of America Corp DE purchased a new stake in shares of Apple in the 2nd quarter worth $36,986,090,000. Legal & General Group Plc purchased a new stake in shares of Apple in the 2nd quarter worth $30,443,242,000. Finally, Amundi raised its holdings in Apple by 23.2% in the 1st quarter. Amundi now owns 73,082,616 shares of the iPhone maker's stock worth $18,547,637,000 after purchasing an additional 13,780,080 shares during the period. 67.73% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Deirdre O'brien sold 46,389 shares of the company's 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 of the company's stock, valued at $45,615,190.20. This represents a 25.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the sale, the chief executive officer owned 59,567 shares of the company's stock, valued at $19,832,236.98. This represents a 29.90% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 281,782 shares of company stock valued at $93,740,172 in the last ninety days. Insiders own 0.06% of the company's stock.

Apple Price Performance

Shares of AAPL stock opened at $343.46 on Monday. The company has a market capitalization of $5.01 trillion, a price-to-earnings ratio of 39.39, a PEG ratio of 2.72 and a beta of 1.07. Apple Inc. has a one year low of $243.42 and a one year high of $348.15. The company's fifty day moving average price is $325.83 and its 200-day moving average price is $306.58. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93.

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

Apple Announces Dividend

The firm 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 of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple's dividend payout ratio (DPR) is currently 12.39%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Rothschild & Co Redburn set a $400.00 target price on Apple and gave the company a "buy" rating in a research report on Monday, August 17th. JPMorgan Chase & Co. boosted their price target on Apple from $340.00 to $360.00 and gave the company an "overweight" rating in a report on Monday, October 12th. Jefferies Financial Group restated an "underperform" rating on shares of Apple in a research report on Wednesday, September 9th. CICC Research raised their price objective on Apple from $310.00 to $340.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 4th. Finally, KeyCorp reaffirmed an "underweight" rating on shares of Apple in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Apple presently has a consensus rating of "Moderate Buy" and a consensus target price of $340.39.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s $1,999 iPhone Duo reportedly sold out within minutes of preorders opening, with delivery estimates pushed into 2027. The response suggests strong pricing power and could establish a significant new premium product category. Apple blames extraordinary demand as foldable iPhones sell out
• Positive Sentiment: Evercore ISI said the iPhone Duo’s extended lead times support its Buy rating and $380 price target. Investors view the launch as a potential catalyst for higher average selling prices and iPhone revenue. Apple early iPhone demand supports Buy rating
• Positive Sentiment: Apple and Meta are collaborating to run Meta’s 816-billion-parameter Muse Spark Open AI model locally on high-end Macs. The partnership may strengthen Mac demand for AI workloads and improve Apple’s AI positioning without requiring a competing mega-scale model. Apple and Meta team up on AI
• Neutral Sentiment: UBS cautioned that iPhone demand could weaken, highlighting the risk that strong initial foldable-phone interest may not translate into sustained volume. Apple’s roughly $5 trillion valuation also leaves the stock dependent on continued execution.
• Negative Sentiment: UK regulators are preparing a legal fight that could require Apple to give competing payment providers access to technology behind Apple Pay’s tap-to-pay functionality. A forced opening could weaken the payments ecosystem and create compliance costs. Apple set for UK legal fight over tap-to-pay rules
• Negative Sentiment: Apple faces ongoing concerns about lagging rivals in AI infrastructure and advanced assistants. Reports that some iPhone 18 Pro component orders were reduced add to questions about future handset demand.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares worth approximately $828,000. The transaction is small relative to Apple’s size but represents another insider sale and may have modest signaling value.

About Apple

Apple Inc designs, develops and sells 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 applications that support its hardware ecosystem.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.

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