1,946 Apple Inc. $AAPL Shares Sold by DWR Wealth Management LLC

Key Points

• DWR Wealth Management reduced its Apple stake by 7.1% in the third quarter, selling 1,946 shares and retaining 25,457 shares valued at approximately $8.4 million. Apple represented about 5.8% of the firm’s portfolio.
• Institutional ownership remains substantial at 67.73%, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $340.12.
• Apple reported quarterly earnings and revenue above analyst expectations, with revenue up 16.4% year over year. Shares opened at $343.99, near their 52-week high, and the company continues to pay a $0.27 quarterly dividend.

DWR Wealth Management LLC trimmed its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 7.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,457 shares of the iPhone maker's stock after selling 1,946 shares during the period. Apple accounts for approximately 5.8% of DWR Wealth Management LLC's holdings, making the stock its 7th largest position. DWR Wealth Management LLC's holdings in Apple were worth $8,386,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Haven Capital Group Inc. raised its position in shares of Apple by 0.4% during the third quarter. Haven Capital Group Inc. now owns 41,123 shares of the iPhone maker's stock valued at $13,695,000 after buying an additional 147 shares during the last quarter. JGP Wealth Management LLC lifted its holdings in shares of Apple by 0.3% in the third quarter. JGP Wealth Management LLC now owns 233,607 shares of the iPhone maker's stock worth $77,796,000 after buying an additional 789 shares in the last quarter. Sacks & Associates LLC purchased a new position in shares of Apple in the third quarter worth $448,000. HF Advisory Group LLC boosted its position in shares of Apple by 7.3% during the third quarter. HF Advisory Group LLC now owns 11,290 shares of the iPhone maker's stock worth $3,660,000 after acquiring an additional 765 shares during the last quarter. Finally, Adirondack Capital Advisors LLC boosted its position in shares of Apple by 2.3% during the third quarter. Adirondack Capital Advisors LLC now owns 9,590 shares of the iPhone maker's stock worth $3,194,000 after acquiring an additional 213 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Morgan Stanley reaffirmed an "overweight" rating on shares of Apple in a research note on Wednesday. Oppenheimer reiterated a "market perform" rating on shares of Apple in a research note on Thursday, September 10th. HSBC reissued a "buy" rating and set a $366.00 price objective on shares of Apple in a report on Tuesday, September 8th. Maxim Group raised their price objective on Apple from $350.00 to $380.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Finally, Needham & Company LLC restated a "hold" rating on shares of Apple in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Apple presently has an average rating of "Moderate Buy" and a consensus price target of $340.12.

Apple Stock Performance

Shares of Apple stock opened at $343.99 on Thursday. The company has a market capitalization of $5.02 trillion, a PE ratio of 39.45, a price-to-earnings-growth ratio of 2.69 and a beta of 1.07. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $348.15. The stock's fifty day moving average is $328.05 and its two-hundred day moving average is $308.42. 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 (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS 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 net margin of 27.62% and a return on equity of 135.46%. The company's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period last year, the company posted $1.57 earnings per share. As a group, analysts expect that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Announces Dividend

The company also recently disclosed 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. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's dividend payout ratio (DPR) is presently 12.39%.

Insider Transactions at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction on Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total transaction of $806,495.82. Following the completion of 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 at this hyperlink. Also, CEO John Ternus sold 25,412 shares of Apple stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total value of $8,460,671.28. Following the sale, the chief executive officer directly owned 59,567 shares of the company's stock, valued at approximately $19,832,236.98. This trade represents a 29.90% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 284,454 shares of company stock valued at $94,662,594. Company insiders own 0.06% of the company's stock.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand: Apple said only limited quantities of its $1,999 foldable iPhone Duo will be available for walk-in customers when it launches October 23. Online orders reportedly sold out within minutes, with some delivery estimates extending into January 2027. The demand signals support premium pricing and could make the new product a meaningful revenue catalyst. Apple will have limited iPhone Duo units available in stores
• Positive Sentiment: Upcoming product catalyst: Apple’s October 28 event is expected to feature new Pro Macs, potentially including a touchscreen MacBook Pro and M6-powered systems. A successful launch could strengthen expectations for renewed Mac growth and broaden Apple’s hardware lineup. Apple product event scheduled for October 28
• Positive Sentiment: Expansion and ecosystem support: Apple’s India business reportedly delivered 31% revenue growth and 66% profit growth in fiscal 2026. Separately, Apple Wallet car-key support is expanding to selected General Motors vehicles, extending the reach of Apple’s services ecosystem.
• Neutral Sentiment: Supply-chain investment: Apple plans to commit up to $100 million to a U.S. titanium supplier over three years. The move may improve domestic sourcing and support iPhone Duo production, but it also highlights manufacturing constraints and does not immediately change earnings expectations. Apple commits to U.S. titanium manufacturing
• Neutral Sentiment: Insider selling: Two Apple insiders sold shares, with at least one transaction identified as covering tax withholding on vested equity awards. The sales are relatively small and do not clearly indicate weakening confidence.
• Negative Sentiment: Downgrade and valuation concerns: Loop Capital cut AAPL to Hold and lowered its price target to $330, citing weaker iPhone shipment expectations. UBS also warned that rising memory and component costs could pressure gross margins ahead of the November 2 earnings report. With Apple trading at roughly 39 times earnings and near its annual high, investors may demand stronger growth to justify the premium valuation. Loop Capital downgrades Apple on iPhone concerns
• Negative Sentiment: Regulatory risk: UK competition regulators are proposing easier access for rival contactless payment services on the iPhone, which could increase competition for Apple Pay and modestly weaken the services ecosystem.

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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