1,772 Apple Inc. $AAPL Shares Acquired by BTG Pactual Asset Management US LLC

Key Points

• BTG Pactual Asset Management increased its Apple stake by 17.5% in the second quarter, acquiring 1,772 additional shares for a total holding of 11,890 shares valued at approximately $3.44 million. Institutional investors collectively own 67.73% of Apple.
• Analyst sentiment remains favorable, with Apple receiving a “Moderate Buy” consensus rating and an average price target of $340.02. Recent product demand and ecosystem expansion support growth, though higher component costs, AI-related competitive risks, and a $5.7 billion patent verdict remain concerns.
• Apple reported quarterly revenue of $109.42 billion and earnings of $2.02 per share, exceeding analyst estimates, while revenue grew 16.4% year over year. Separately, SVP Jennifer Newstead sold 2,399 shares worth about $806,496, reducing her holdings by 5.4%.

BTG Pactual Asset Management US LLC increased its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 17.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,890 shares of the iPhone maker's stock after acquiring an additional 1,772 shares during the period. BTG Pactual Asset Management US LLC's holdings in Apple were worth $3,440,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Oarsman Capital Inc. grew its position in shares of Apple by 3.8% in the 2nd quarter. Oarsman Capital Inc. now owns 52,336 shares of the iPhone maker's stock worth $15,144,000 after buying an additional 1,939 shares during the last quarter. Camelot Portfolios LLC raised its holdings in shares of Apple by 53.9% during the second quarter. Camelot Portfolios LLC now owns 6,784 shares of the iPhone maker's stock valued at $1,963,000 after acquiring an additional 2,375 shares in the last quarter. Rothschild Capital Partners LLC lifted its stake in Apple by 0.4% in the second quarter. Rothschild Capital Partners LLC now owns 141,322 shares of the iPhone maker's stock worth $40,893,000 after acquiring an additional 496 shares during the period. RPg Family Wealth Advisory LLC lifted its stake in Apple by 30.0% in the second quarter. RPg Family Wealth Advisory LLC now owns 57,280 shares of the iPhone maker's stock worth $16,575,000 after acquiring an additional 13,206 shares during the period. Finally, GTS Securities LLC boosted its holdings in Apple by 4.5% in the second quarter. GTS Securities LLC now owns 184,076 shares of the iPhone maker's stock valued at $53,264,000 after acquiring an additional 7,874 shares in the last quarter. Institutional investors own 67.73% of the company's stock.

Insider Activity at Apple

In other news, SVP Jennifer Newstead sold 2,399 shares of the business's stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total value of $806,495.82. Following the sale, the senior vice president directly owned 41,992 shares of the company's stock, valued at $14,116,870.56. The trade was a 5.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last quarter, insiders sold 13,430 shares of company stock valued at $4,342,255. Insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Daiwa Securities Group upped their price objective on shares of Apple from $325.00 to $335.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. UBS Group reiterated a "buy" rating on shares of Apple in a research report on Thursday, September 17th. The Goldman Sachs Group started coverage on shares of Apple in a report on Monday, August 17th. They issued a "buy" rating for the company. 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. Finally, CICC Research upped their target price on Apple from $310.00 to $340.00 and gave the stock an "outperform" rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $340.02.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s new fall product cycle is supporting revenue expectations. Morgan Stanley modestly raised its revenue forecast following the product launches, while Counterpoint expects approximately 6 million units of Apple’s $1,999 iPhone Duo foldable to be sold this year. Strong early iPhone 18 Pro demand in China—up 12% year over year during launch week—also supports near-term sales momentum. Apple’s Fall Product Cycle Could Support Revenue Growth
• Positive Sentiment: Apple is expanding its ecosystem beyond the iPhone. Health-focused Apple Watch features, including a health-age metric and Readiness score, could help defend its wearables lead, while a planned October 13 smart-home event may introduce a new hub centered on Siri and Apple Intelligence. Apple Is Betting Improved Heart and Health Insights Will Boost Watch Sales
• Neutral Sentiment: Morgan Stanley lowered its Apple price target to $355 from $360 but retained an Overweight rating. Analysts cited higher memory and component costs and potential iPhone pricing pressure, which largely offset the benefit from stronger product revenue. Morgan Stanley Adjusts Price Target on Apple
• Negative Sentiment: A jury ordered Apple to pay $5.7 billion over Taptic Engine patent claims, raising concerns about additional royalties and pressure on hardware margins. The company also faces a UK marketplace class action. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
• Negative Sentiment: Investors remain concerned that AI agents such as Meta’s Muse could bypass Apple’s App Store and weaken its high-margin services ecosystem. Analysts said Apple’s product roadmap is attractive but lacks a clear catalyst after its recent rally. Apple Stock’s Upside May Be Limited as AI Agents Could Disrupt Business
• Negative Sentiment: Apple SVP Jennifer Newstead sold 2,399 shares worth approximately $806,496, reducing her holdings by 5.4%. The sale is relatively small compared with her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing

Apple Stock Down 0.8%

NASDAQ:AAPL opened at $330.32 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The firm's 50-day moving average price is $322.14 and its 200-day moving average price is $299.78. The company has a market capitalization of $4.82 trillion, a PE ratio of 37.88, a P/E/G ratio of 2.89 and a beta of 1.07. Apple Inc. has a 1-year low of $243.42 and a 1-year high of $345.34.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping the consensus estimate 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 net margin of 27.62% and a return on equity of 135.46%. Apple's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.57 earnings per share. On average, equities analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's dividend payout ratio (DPR) is presently 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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