30,918 Shares in Apple Inc. $AAPL Bought by Alaska Wealth Advisors LLC

Key Points

• Alaska Wealth Advisors initiated a 30,918-share Apple position valued at approximately $8.95 million, making Apple its 15th-largest holding and about 1% of its portfolio. Institutional investors collectively own 67.73% of Apple.
• Analyst sentiment remains favorable, with Apple carrying a “Moderate Buy” consensus rating and an average price target of $340.14; individual targets range from $300 to $370.
• Apple recently exceeded quarterly earnings and revenue estimates, reporting $2.02 in EPS and $109.42 billion in revenue, while insiders sold 8,632 shares worth about $2.72 million during the last quarter.

Alaska Wealth Advisors LLC bought a new position in Apple Inc. (NASDAQ:AAPL - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,918 shares of the iPhone maker's stock, valued at approximately $8,946,000. Apple makes up about 1.0% of Alaska Wealth Advisors LLC's investment portfolio, making the stock its 15th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Deutsche Bank AG acquired a new position in Apple in the 2nd quarter valued at approximately $13,658,359,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Apple in the second quarter worth $10,588,946,000. Vanguard Group Inc. increased its holdings in Apple by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker's stock valued at $387,749,545,000 after purchasing an additional 26,856,752 shares during the period. Diamant Asset Management Inc. raised its position in Apple by 24,974.3% during the 1st quarter. Diamant Asset Management Inc. now owns 26,614,323 shares of the iPhone maker's stock worth $6,754,449,000 after purchasing an additional 26,508,181 shares during the last quarter. Finally, Amundi lifted its holdings in Apple by 23.2% during the 1st quarter. Amundi now owns 73,082,616 shares of the iPhone maker's stock worth $18,547,637,000 after buying an additional 13,780,080 shares during the period. 67.73% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 1,439 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $317.01, for a total value of $456,177.39. Following the transaction, the senior vice president directly owned 35,790 shares in the company, valued at $11,345,787.90. This trade represents a 3.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 8,632 shares of company stock worth $2,719,955 over the last quarter. 0.06% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on AAPL. Rosenblatt Securities reiterated a "neutral" rating and issued a $303.00 price target on shares of Apple in a research report on Thursday, September 10th. Phillip Securities lifted their price objective on Apple from $290.00 to $300.00 and gave the stock a "neutral" rating in a research note on Monday, September 14th. Bank of America reissued a "buy" rating and set a $370.00 target price on shares of Apple in a research report on Thursday, September 17th. BTIG Research started coverage on shares of Apple in a research report on Monday, August 17th. They issued a "neutral" rating on the stock. Finally, Oppenheimer reaffirmed a "market perform" rating on shares of Apple in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $340.14.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 18 Pro demand: JPMorgan said average delivery times increased to 23 days in the second preorder week from seven days in the first, suggesting demand may be stronger than expected. Analyst Gene Munster said current iPhone 18 estimates could be too conservative, while Evercore ISI raised its price target to $380. JPMorgan sees stronger iPhone 18 Pro demand
• Positive Sentiment: Foldable iPhone creates a potential premium-growth opportunity: Apple’s new iPhone Duo, priced at $1,999 and scheduled for an October 23 release, represents the company’s largest iPhone design change in years. Investors view the product as a possible catalyst for higher average selling prices and a new upgrade cycle under CEO John Ternus. Apple’s new CEO bets big on a foldable iPhone
• Positive Sentiment: AI and capital returns support the bullish case: Coverage highlighted the successful rollout of upgraded Siri AI, Apple’s reported interest in building AI inference servers, and its shrinking share count from buybacks. Apple’s large cash position, history of earnings beats and long-term shareholder returns are also reinforcing investor confidence. Apple’s shrinking share count
• Neutral Sentiment: Broader strategic opportunities: Apple and Google are hiring digital-asset specialists, potentially signaling future initiatives involving payments, stablecoins or tokenization. The company could also benefit if U.S.-China trade discussions reduce tariff pressure on technology companies. Google and Apple digital-asset hiring
• Negative Sentiment: Valuation and execution risks are rising: Commentators described AAPL as relatively expensive near its highs, while the $1,999 Duo could limit adoption and expose Apple to foldable-screen execution risks. Google’s AI-powered laptops and Meta’s Muse app also highlight intensifying competition in AI and consumer technology.
• Negative Sentiment: Legal overhang: Apple has begun a 90-day claims period tied to a $250 million settlement over allegations that it falsely advertised Apple Intelligence and Siri capabilities. The financial cost is manageable for Apple, but the dispute could weigh on trust in its AI strategy. $250 million Apple AI settlement claims period

Apple Trading Up 0.8%

AAPL opened at $338.98 on Tuesday. The company has a fifty day moving average price of $320.67 and a two-hundred day moving average price of $295.43. Apple Inc. has a 1-year low of $243.42 and a 1-year high of $344.57. The company has a market cap of $4.95 trillion, a P/E ratio of 38.87, a price-to-earnings-growth ratio of 2.92 and a beta of 1.08. The company has a current ratio of 1.00, a quick ratio of 0.93 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, beating the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company 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 business posted $1.57 EPS. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. Analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

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

About Apple

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company's ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.

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