4,589 Apple Inc. $AAPL Shares Sold by Barlow Wealth Partners LLC

Key Points

• Barlow Wealth Partners reduced its Apple stake by 3.8%, selling 4,589 shares and retaining 117,646 shares valued at approximately $36.9 million. Apple remains the firm’s sixth-largest holding and represents 3.8% of its portfolio.
• Other institutional investors made significant purchases, including Wealthfront Advisers’ approximately $482.4 million investment, while institutional ownership reached 67.73% of Apple’s outstanding shares.
• Apple reported quarterly EPS of $2.02 and revenue of $109.42 billion, exceeding analyst estimates, while analysts maintain a “Moderate Buy” consensus with an average price target of $340.02. The company also paid a quarterly dividend of $0.27 per share.

Barlow Wealth Partners LLC lessened its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,646 shares of the iPhone maker's stock after selling 4,589 shares during the quarter. Apple accounts for approximately 3.8% of Barlow Wealth Partners LLC's holdings, making the stock its 6th biggest position. Barlow Wealth Partners LLC's holdings in Apple were worth $36,869,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Prospect Hill Management LLC bought a new stake in Apple in the 2nd quarter valued at $146,370,000. Focus Partners Advisor Solutions LLC bought a new position in shares of Apple during the 2nd quarter valued at about $168,646,000. Wealthfront Advisers LLC purchased a new position in shares of Apple during the second quarter valued at about $482,388,000. Satovsky Asset Management LLC bought a new stake in shares of Apple in the second quarter worth about $16,064,000. Finally, Saranac Partners Ltd purchased a new stake in shares of Apple in the second quarter worth about $9,513,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Price Performance

AAPL stock opened at $332.89 on Tuesday. The stock has a market cap of $4.86 trillion, a PE ratio of 38.18, a P/E/G ratio of 2.66 and a beta of 1.07. Apple Inc. has a 12 month low of $243.42 and a 12 month high of $345.34. The company has a 50-day moving average price of $322.08 and a 200 day moving average price of $300.90. 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 announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. The business had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.57 earnings per share. Equities research analysts anticipate that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors 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 dividend on an annualized basis and a yield of 0.3%. Apple's payout ratio is presently 12.39%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s planned Siri overhaul could help restore investor confidence in its AI capabilities. The bullish case also rests on record Services revenue, a strong iPhone cycle and recent fiscal third-quarter revenue of $109.4 billion, up 16% year over year, with EPS rising 29%. Will Siri Overhaul Help Apple Restore Its AI Credibility?
• Positive Sentiment: Apple is tightening Mac full-disk access controls to make AI-agent data requests more visible to users. The move may strengthen the company’s privacy differentiation as concerns grow about autonomous AI tools accessing personal information. Apple Makes It Tougher for AI Agents to Access Macs
• Neutral Sentiment: CEO John Ternus, SVP Deirdre O’Brien and insider Timothy Cook collectively sold approximately $87.8 million of AAPL shares. Each filing said the transactions covered tax-withholding obligations tied to vested equity awards, making them less indicative of a negative outlook, although the sales may add short-term headline pressure. Apple Insider Filing
• Neutral Sentiment: Counterpoint expects roughly 6 million sales of Apple’s high-priced iPhone Duo this year, potentially representing at least $12 billion in hardware revenue. However, the late launch window and limited volume are not expected to materially change the broader AAPL investment case. Analyst Sees 6 Million iPhone Duo Sales
• Negative Sentiment: Investors remain concerned that Apple is behind rivals in AI monetization and execution. Comparisons suggesting Microsoft could surpass Apple in market value by 2027 reinforce worries that AAPL’s premium valuation requires substantial AI progress. Microsoft Could Become More Valuable Than Apple
• Negative Sentiment: More restrictive Mac permissions could reduce the usefulness of AI agents or create friction for developers, potentially complicating Apple’s effort to make its ecosystem a leading AI platform. With AAPL trading at a relatively high earnings multiple, execution concerns may weigh more heavily on the stock.

Insiders Place Their Bets

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction 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 owned 41,992 shares in the company, valued at $14,116,870.56. This trade represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John Ternus sold 25,412 shares of the business's stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the sale, the chief executive officer directly owned 59,567 shares of the company's stock, valued at $19,832,236.98. This represents a 29.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 276,984 shares of company stock worth $92,116,025. Insiders own 0.06% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Raymond James Financial restated a "market perform" rating on shares of Apple in a report on Friday, July 31st. Barclays restated an "underweight" rating and issued a $245.00 price target (down from $253.00) on shares of Apple in a research report on Friday, July 31st. Weiss Ratings lowered shares of Apple from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, September 18th. KGI Securities downgraded shares of Apple from an "outperform" rating to a "hold" rating and set a $315.00 target price on the stock. in a report on Monday, June 22nd. Finally, DZ Bank downgraded shares of Apple from a "buy" rating to a "hold" rating and set a $310.00 price target for the company. in a report on Tuesday, August 4th. One investment 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 stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $340.02.

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.

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.