46,099 Shares of Apple Inc. $AAPL Bought by Investor s Fiduciary Advisor Network LLC

Key Points

• Investor’s Fiduciary Advisor Network LLC bought 46,099 Apple shares worth approximately $13.3 million, making Apple its fourth-largest holding and about 4.5% of its portfolio. Institutional investors collectively own 67.73% of Apple.
• Apple reported quarterly earnings of $2.02 per share on $109.42 billion in revenue, exceeding analyst expectations, while revenue rose 16.4% year over year. The company also paid a quarterly dividend of $0.27 per share, yielding approximately 0.3%.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $340.14 price target, but Apple faces risks from its high valuation, rising component costs, AI competition, and legal and product issues.

Investor s Fiduciary Advisor Network LLC purchased a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,099 shares of the iPhone maker's stock, valued at approximately $13,339,000. Apple accounts for about 4.5% of Investor s Fiduciary Advisor Network LLC's investment portfolio, making the stock its 4th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Longfellow Investment Management Co. LLC purchased a new position in Apple in the 2nd quarter valued at approximately $30,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Apple during the fourth quarter worth $41,000. Ascentis Wealth Management LLC raised its stake in shares of Apple by 822.7% in the second quarter. Ascentis Wealth Management LLC now owns 292,493 shares of the iPhone maker's stock valued at $85,000 after acquiring an additional 260,792 shares in the last quarter. Basso Capital Management L.P. purchased a new position in Apple in the fourth quarter valued at $88,000. Finally, Bard Associates Inc. purchased a new position in Apple in the fourth quarter valued at $109,000. Hedge funds and other institutional investors own 67.73% of the company's stock.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $341.07 on Friday. The company has a 50-day simple moving average of $321.56 and a 200-day simple moving average of $297.37. Apple Inc. has a one year low of $243.42 and a one year high of $345.34. 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 $4.98 trillion, a price-to-earnings ratio of 39.11, a PEG ratio of 2.92 and a beta of 1.08.

Apple (NASDAQ:AAPL - Get Free Report) last announced its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share 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 business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.57 earnings per share. On average, analysts predict that Apple Inc. will post 8.74 EPS for the current year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple's dividend payout ratio (DPR) is presently 12.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Moffett Nathanson restated a "neutral" rating and set a $304.00 price target (up from $270.00) on shares of Apple in a report on Tuesday, September 8th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Apple in a research note on Monday, September 21st. Citigroup reissued a "buy" rating on shares of Apple in a research report on Thursday, September 10th. BTIG Research assumed coverage on shares of Apple in a research note on Monday, August 17th. They set a "neutral" rating on the stock. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Apple in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Apple has an average rating of "Moderate Buy" and a consensus price target of $340.14.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: iPhone 18 demand remains encouraging. Long lines in India and strong interest in the iPhone 18 Pro and Pro Max suggest Apple’s premium pricing is holding up in an important growth market. Evercore ISI raised its price target to $380 from $365 while maintaining an outperform rating. Apple iPhone demand in India
• Positive Sentiment: Momentum and technical positioning remain supportive. AAPL has gained roughly 10% over the past month and is approaching a potential buy point, helping sustain investor interest. Bank of America and JPMorgan have reiterated bullish ratings, while several analysts maintain targets above the current trading range. Apple stock approaches buy point
• Neutral Sentiment: Apple is expanding its product ecosystem. The company plans a refreshed HomePod mini, while reports suggest it may develop its own AI server chips. These initiatives could support future ecosystem engagement and infrastructure efficiency, but they are not yet material earnings drivers. Apple to release new HomePod mini
• Negative Sentiment: Rising component costs could pressure margins. Bernstein warned that surging memory and other smartphone component costs may weigh on gross margins and earnings in the December quarter, particularly as Apple introduces more expensive iPhones. Apple’s expensive new iPhones and margins
• Negative Sentiment: Valuation and AI execution remain key risks. At nearly $5 trillion in market value and about 38–39 times earnings, Apple requires continued earnings growth to justify its valuation. Analysts argue Alphabet’s Gemini ecosystem and monetization progress currently give it an edge in consumer AI, while Meta’s AI devices add competitive pressure. Alphabet versus Apple in consumer AI
• Negative Sentiment: Legal and product issues add uncertainty. A judge certified a class of payment card issuers in an Apple Pay antitrust lawsuit alleging improper fees. Separately, Apple is preparing a software fix for an iPhone 18 Pro reboot problem. Apple Pay class-action lawsuit

Insider Buying and Selling at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $340.06, for a total value of $815,803.94. Following the transaction, the senior vice president directly owned 44,391 shares in the company, valued at approximately $15,095,603.46. This trade represents a 5.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 11,031 shares of company stock valued at $3,535,759. Company insiders own 0.06% of the company's stock.

Apple Company Profile

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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