180 Wealth Advisors LLC Trims Stock Position in Apple Inc. $AAPL

Key Points

• 180 Wealth Advisors trimmed its Apple position by 3.2% in the second quarter, selling 3,234 shares and retaining 96,456 shares valued at approximately $27.9 million. Apple remains the firm’s third-largest holding and represents 2.8% of its portfolio.
• Analyst sentiment remains broadly positive, with Apple carrying a consensus rating of “Moderate Buy” and an average price target of $330.53, despite some hold and sell ratings.
• Apple reported quarterly earnings of $2.02 per share and revenue of $109.42 billion, beating estimates and growing revenue 16.4% year over year. Shares opened at $311.30, while the company also declared a quarterly dividend of $0.27 per share.

180 Wealth Advisors LLC trimmed its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 96,456 shares of the iPhone maker's stock after selling 3,234 shares during the period. Apple comprises about 2.8% of 180 Wealth Advisors LLC's investment portfolio, making the stock its 3rd largest holding. 180 Wealth Advisors LLC's holdings in Apple were worth $27,911,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Lifetime Wealth Management P.C. bought a new stake in shares of Apple during the fourth quarter worth $41,000. ROSS JOHNSON & Associates LLC lifted its position in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares in the last quarter. LSV Asset Management bought a new stake in Apple in the 4th quarter valued at $65,000. Timmons Wealth Management LLC acquired a new position in Apple in the 4th quarter worth $69,000. Finally, Inspire Investing LLC acquired a new position in Apple in the 4th quarter worth $76,000. 67.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AAPL has been the topic of several recent research reports. Needham & Company LLC reissued a "hold" rating on shares of Apple in a research note on Friday, July 31st. Robert W. Baird upped their price objective on Apple from $310.00 to $330.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Oppenheimer reiterated a "market perform" rating on shares of Apple in a report on Friday, July 31st. Weiss Ratings raised Apple from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, August 3rd. Finally, Phillip Securities cut Apple from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $330.53.

Apple Stock Performance

Shares of NASDAQ AAPL opened at $311.30 on Friday. The stock has a 50 day moving average price of $310.26 and a 200 day moving average price of $286.89. Apple Inc. has a 52 week low of $223.78 and a 52 week high of $344.57. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The stock has a market capitalization of $4.54 trillion, a PE ratio of 35.70, a price-to-earnings-growth ratio of 2.71 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly 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. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same period last year, the company earned $1.57 earnings per share. The business's revenue was up 16.4% compared to the same quarter last year. Analysts predict that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date 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%.

Insiders Place Their Bets

In other news, insider Ben Borders sold 116 shares of Apple stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $307.49, for a total value of $442,478.11. Following the transaction, the senior vice president directly owned 38,668 shares in the company, valued at approximately $11,890,023.32. This trade represents a 3.59% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,994 shares of company stock valued at $919,567. Corporate insiders own 0.06% of the company's stock.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is increasingly viewed as a defensive Big Tech holding because it relies less on massive AI infrastructure spending than peers. Analysts also describe the company as an underappreciated AI beneficiary, supporting demand for the stock during technology-sector volatility. Apple Holds Firm as Investors Seek Big Tech's Defensive Outlier
• Positive Sentiment: Upcoming product catalysts—including a potential foldable iPhone, camera-equipped AI AirPods targeted for 2027, new Apple silicon and expanded Siri AI capabilities—could support a stronger product cycle. One analyst estimates foldable iPhone sales could reach 14 million units by 2027. Apple’s Foldable iPhone Opportunity
• Positive Sentiment: Bank of America reiterated a Buy rating ahead of incoming CEO John Ternus’s September 1 transition, while Redburn upgraded Apple. The bullish case centers on renewed innovation and stronger AI investment under new leadership. Apple Must Relearn How to Surprise Under New CEO Ternus
• Positive Sentiment: Apple and Samsung are gaining share in India as higher chip costs pressure lower-priced Chinese smartphone competitors, potentially improving Apple’s premium-market opportunity. Chip Squeeze Hits Chinese Smartphones in India
• Neutral Sentiment: Senior Vice President Jennifer Newstead sold 1,439 shares for approximately $442,000, reducing her holdings by 3.59%. The transaction was disclosed in an SEC filing but is relatively small compared with her remaining stake.
• Negative Sentiment: Investors remain concerned that Apple has become predictable and dependent on incremental improvements. The CEO transition creates execution risk, with Ternus expected to decide whether to materially increase spending to compete in AI. Apple Has Gotten Too Predictable
• Negative Sentiment: Reports that App Store commission revenue declined 18%, alongside continuing legal and regulatory challenges, raise questions about the durability of Apple’s high-margin Services growth. Apple’s App Store Commission Revenue Reportedly Drops

Apple 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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