4,665 Apple Inc. $AAPL Shares Acquired by Greenspring Advisors LLC

Key Points

• Greenspring Advisors increased its Apple stake by 7.5% in the second quarter, acquiring 4,665 shares and bringing its total holdings to 66,729 shares valued at approximately $19.3 million.
• Institutional investors and hedge funds own 67.73% of Apple, with major firms including Berkshire Hathaway, Bank of America and Legal & General also reporting significant second-quarter positions.
• Analysts maintain a generally positive outlook, with Apple carrying a “Moderate Buy” consensus rating and an average price target of $340.02, though concerns include elevated valuation, rising component costs, AI competition and a $5.7 billion patent verdict.

Greenspring Advisors LLC boosted its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 7.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,729 shares of the iPhone maker's stock after acquiring an additional 4,665 shares during the period. Apple accounts for about 1.1% of Greenspring Advisors LLC's portfolio, making the stock its 13th biggest position. Greenspring Advisors LLC's holdings in Apple were worth $19,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AAPL. Berkshire Hathaway Inc acquired a new position in Apple in the second quarter valued at about $65,950,297,000. Bank of America Corp DE acquired a new stake in Apple during the second quarter worth about $36,986,090,000. Legal & General Group Plc acquired a new stake in Apple during the second quarter worth about $30,443,242,000. Deutsche Bank AG bought a new position in Apple in the 2nd quarter valued at about $13,658,359,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Apple in the 2nd quarter valued at about $10,588,946,000. 67.73% of the stock is owned by institutional investors and hedge funds.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is launching new safeguards designed to protect its devices from probing AI agents. The move may strengthen user trust and help preserve Apple’s security-focused ecosystem as agentic AI becomes more prominent. Apple Launches New Safeguards Against AI Agents
• Positive Sentiment: The fall product cycle remains a near-term tailwind. Morgan Stanley modestly raised its revenue forecast after Apple’s launches, while Counterpoint reportedly expects about 6 million sales of the $1,999 foldable iPhone Duo this year. New Apple Watch health features and potential smart-home products could also broaden the company’s ecosystem. Apple’s Fall Product Cycle Could Support Revenue Growth
• Neutral Sentiment: Morgan Stanley maintained an Overweight rating but lowered its price target to $355 from $360. Higher memory and component costs, along with possible iPhone pricing pressure, are offsetting much of the expected product-revenue benefit. Morgan Stanley Adjusts Price Target on Apple
• Negative Sentiment: A jury’s $5.7 billion patent verdict against Apple has raised concerns about potential ongoing royalties and pressure on hardware margins. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
• Negative Sentiment: Investors remain worried that AI agents from rivals such as Meta could bypass the App Store and weaken Apple’s high-margin services business. Analysts also see limited upside after Apple’s strong run and its relatively rich valuation.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares valued at approximately $806,496, reducing her direct holdings by 5.4%. The transaction is small relative to her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the business's 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 sale, the senior vice president owned 41,992 shares in the company, valued at $14,116,870.56. The trade was a 5.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 13,430 shares of company stock worth $4,342,255. Company insiders own 0.06% of the company's stock.

Wall Street Analysts Forecast Growth

AAPL has been the subject of a number of recent analyst reports. Bank of America reaffirmed a "buy" rating and set a $370.00 price target on shares of Apple in a report on Wednesday, September 23rd. Barclays reissued an "underweight" rating and issued a $245.00 price objective (down from $253.00) on shares of Apple in a research note on Friday, July 31st. Needham & Company LLC restated a "hold" rating on shares of Apple in a research report on Thursday. Weiss Ratings cut Apple from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, September 18th. Finally, Seaport Research Partners downgraded Apple from a "buy" rating to a "neutral" rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Apple has a consensus rating of "Moderate Buy" and a consensus target price of $340.02.

Apple Price Performance

AAPL stock opened at $333.69 on Monday. The company has a 50 day simple moving average of $322.16 and a 200 day simple moving average of $300.35. The stock has a market cap of $4.87 trillion, a price-to-earnings ratio of 38.27, a P/E/G ratio of 2.66 and a beta of 1.07. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $345.34. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93.

Apple (NASDAQ:AAPL - Get Free Report) last issued its 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. The firm 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% on a year-over-year basis. During the same quarter last year, the business posted $1.57 earnings per share. Research analysts anticipate that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's dividend payout ratio is presently 12.39%.

About Apple

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.

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