5,240 Apple Inc. $AAPL Shares Bought by Decker Wealth Management LLC

Key Points

• Decker Wealth Management increased its Apple stake by 9.5% in the third quarter, purchasing 5,240 additional shares and bringing its holdings to 60,222 shares valued at approximately $19.96 million.
• Institutional investors and hedge funds own 67.73% of Apple’s outstanding shares, with major holders including State Street, Berkshire Hathaway, Bank of America, Legal & General, and Amundi.
• Apple has a Moderate Buy consensus rating and an average analyst price target of $340.62, though demand concerns, high valuation, and regulatory pressure remain potential risks.

Decker Wealth Management LLC boosted its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,222 shares of the iPhone maker's stock after buying an additional 5,240 shares during the quarter. Apple makes up approximately 4.1% of Decker Wealth Management LLC's investment portfolio, making the stock its 6th largest position. Decker Wealth Management LLC's holdings in Apple were worth $19,958,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp raised its stake in shares of Apple by 4.7% during the second quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker's stock valued at $182,897,769,000 after acquiring an additional 28,321,085 shares during the last quarter. Berkshire Hathaway Inc acquired a new position in shares of Apple during the second quarter worth $65,950,297,000. Bank of America Corp DE bought a new stake in shares of Apple in the second quarter worth $36,986,090,000. Legal & General Group Plc bought a new stake in shares of Apple in the second quarter worth $30,443,242,000. Finally, Amundi grew its stake in shares of Apple by 23.2% in the first quarter. Amundi now owns 73,082,616 shares of the iPhone maker's stock worth $18,547,637,000 after purchasing an additional 13,780,080 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand: Preorders for Apple’s $1,999 foldable iPhone reportedly sold out quickly, with delivery estimates extending into January 2027. The robust response supports near-term revenue expectations and strengthens the case for Apple’s foldable-device strategy. Apple’s iPhone Duo Demand Soars as Deliveries Stretch Into January 2027
• Positive Sentiment: New product event announced: Apple will host its “Pro and Tell” event on October 28. Analysts expect new Macs and potentially the company’s first touchscreen MacBook, which could provide a catalyst for Mac growth and investor sentiment. Apple announces product launch event for Oct. 28
• Positive Sentiment: Analyst support remains favorable: Bank of America reiterated a Buy rating with a $370 price target, while JPMorgan maintained its Overweight rating and $360 target, citing healthy demand trends and longer-term AI potential. Apple Maintained at Buy With Unchanged $370 Price Target
• Neutral Sentiment: Insider transactions: CFO Kevan Parekh and insider Ben Borders sold shares to cover tax withholding related to vested equity awards. The sales modestly reduced their holdings but do not appear to represent discretionary bearish bets.
• Negative Sentiment: Demand concerns and valuation risk: A KeyBanc survey indicated weaker consumer intentions to upgrade iPhones over the next year, despite better early iPhone 18 interest. With AAPL trading near its 52-week high at a premium earnings multiple, disappointment in future iPhone growth could pressure the stock. Apple Stock Escaped the AI Downturn
• Negative Sentiment: Regulatory pressure: UK regulators are reportedly preparing to push Apple to allow alternative default payment services on iPhones, potentially weakening Apple Pay’s ecosystem advantages and services revenue.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Maxim Group increased their price objective on Apple from $350.00 to $380.00 and gave the company a "buy" rating in a report on Friday, July 31st. Robert W. Baird lifted their target price on Apple from $310.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, July 24th. Arete Research lifted their target price on Apple from $305.00 to $335.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. Citigroup reiterated a "buy" rating on shares of Apple in a research report on Thursday, September 10th. Finally, Barclays reissued an "underweight" rating and issued a $245.00 price target (down from $253.00) on shares of Apple in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $340.62.

Apple Stock Down 0.2%

Shares of NASDAQ:AAPL opened at $342.94 on Tuesday. The business's 50-day moving average is $326.53 and its 200-day moving average is $307.21. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $348.15. The company has a market capitalization of $5.00 trillion, a price-to-earnings ratio of 39.33, a P/E/G ratio of 2.72 and a beta of 1.07. 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 quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (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 firm had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same period in the previous year, the firm earned $1.57 earnings per share. The company's revenue was up 16.4% compared to the same quarter last year. Equities research analysts predict that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Announces Dividend

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

Insider Transactions at Apple

In other news, CFO Kevan Parekh sold 1,392 shares of the stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $345.05, for a total transaction of $480,309.60. Following the transaction, the chief financial officer owned 17,539 shares of the company's stock, valued at $6,051,831.95. This represents a 7.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ben Borders sold 1,280 shares of the firm's stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $345.40, for a total value of $442,112.00. Following the completion of the sale, the insider owned 38,288 shares of the company's stock, valued at approximately $13,224,675.20. This represents a 3.23% 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. In the last quarter, insiders sold 284,454 shares of company stock valued at $94,662,594. 0.06% of the stock is owned by insiders.

Apple Company Profile

Apple Inc designs, develops and sells 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 applications that support its hardware ecosystem.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.

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