486,688 Apple Inc. $AAPL Shares Acquired by Three Seasons Wealth LLC

Key Points

• Three Seasons Wealth LLC increased its Apple stake by 3,614.5% in the second quarter, acquiring 486,688 shares to hold 500,153 shares valued at approximately $144.7 million. Apple now represents 13.2% of the firm’s portfolio.
• Several other institutions also initiated or expanded Apple positions, while institutional investors collectively own 67.73% of the stock. Apple recently reported better-than-expected quarterly earnings of $2.02 per share and $109.42 billion in revenue, up 16.4% year over year.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $340.02, although Apple trades at a relatively high price-to-earnings ratio of 38.26. Insiders have sold shares recently, primarily to cover tax obligations related to vested equity awards.

Three Seasons Wealth LLC increased its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 3,614.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 500,153 shares of the iPhone maker's stock after acquiring an additional 486,688 shares during the period. Apple makes up 13.2% of Three Seasons Wealth LLC's portfolio, making the stock its 3rd biggest position. Three Seasons Wealth LLC's holdings in Apple were worth $144,724,000 at the end of the most recent quarter.

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

Apple Stock Performance

NASDAQ:AAPL opened at $333.63 on Wednesday. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $345.34. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average of $321.95 and a 200-day moving average of $301.49. The firm has a market cap of $4.87 trillion, a price-to-earnings ratio of 38.26, a price-to-earnings-growth ratio of 2.65 and a beta of 1.07.

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. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company had revenue of $109.42 billion for the quarter, compared to analysts' expectations of $109.04 billion. During the same quarter in the previous year, the company posted $1.57 EPS. The business's revenue was up 16.4% compared to the same quarter last year. Analysts forecast that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Apple Dividend Announcement

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

Insider Buying and Selling at Apple

In other Apple news, SVP Deirdre O'brien sold 46,389 shares of the company's stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the transaction, the senior vice president owned 136,810 shares of the company's stock, valued at approximately $45,615,190.20. This represents a 25.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction on Tuesday, September 29th. The shares were 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 of the company's stock, valued at $14,116,870.56. This trade represents a 5.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 276,984 shares of company stock worth $92,116,025. 0.06% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AAPL has been the subject of a number of recent analyst reports. BTIG Research assumed coverage on shares of Apple in a research report on Monday, August 17th. They issued a "neutral" rating for the company. Rothschild & Co Redburn set a $400.00 price target on shares of Apple and gave the stock a "buy" rating in a research report on Monday, August 17th. Maxim Group upped their price target on shares of Apple from $350.00 to $380.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. DA Davidson reiterated a "neutral" rating and issued a $270.00 price objective on shares of Apple in a report on Wednesday, September 2nd. Finally, Citigroup reiterated a "buy" rating on shares of Apple in a research note on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $340.02.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly partnering with LG to develop smart-home products including a smart lock, thermostat and doorbell. Expanding into connected-home hardware could deepen the Apple ecosystem and create additional long-term revenue opportunities. Apple smart home partnership
• Positive Sentiment: App Store revenue growth rebounded to approximately 5% in September after a weaker August, suggesting improving momentum for Apple’s high-margin Services business. The recovery is supportive, although UBS remains cautious about the durability of the growth. App Store growth rebounds
• Positive Sentiment: Apple’s latest reported quarter remains a fundamental support: revenue rose 16.4% year over year to $109.42 billion and earnings exceeded analyst expectations. Investor optimism is also tied to a potential Siri overhaul and stronger AI capabilities.
• Neutral Sentiment: Apple is trading above many analyst price targets, while its roughly 38-times earnings valuation leaves limited room for execution disappointments. Investors are watching whether a possible $1,999 foldable iPhone can justify premium pricing and sustain the current market multiple. Apple valuation and memory costs
• Neutral Sentiment: Apple’s weighting in major index and technology ETFs remains substantial as Apple, Microsoft and Nvidia together account for about 21% of the S&P 500. This supports demand through passive investing but also increases concentration and valuation risk. Apple ETF exposure
• Negative Sentiment: Memory-cost inflation could pressure gross margins, while analysts expect earnings growth to slow to roughly 8.5% in 2027. Concerns that Apple remains behind rivals in AI monetization make the premium valuation more difficult to defend. Apple earnings multiple concerns
• Negative Sentiment: CEO John Ternus, Timothy Cook and SVP Deirdre O’Brien sold shares worth roughly $87.8 million in total. The filings cited tax withholding related to vested equity awards, reducing the signal of bearish intent, but the insider selling may still create short-term headline pressure. Apple insider sales

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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