6,197 Shares in Apple Inc. $AAPL Purchased by Lee Johnson Capital Management LLC

Key Points

• Lee Johnson Capital Management acquired 6,197 Apple shares during the second quarter, valued at approximately $1.79 million. Other funds also increased or initiated positions, with institutional investors and hedge funds collectively owning 67.73% of Apple.
• Apple reported quarterly earnings of $2.02 per share and revenue of $109.42 billion, exceeding analyst estimates, while revenue grew 16.4% year over year. The company also paid a quarterly dividend of $0.27 per share, equivalent to a 0.3% yield.
• Apple shares opened at $332.41, near their 52-week high, and analysts maintain a consensus “Moderate Buy” rating with an average price target of $338.80. Growth catalysts include new iPhone products and AI initiatives, though weaker Pro demand, margin pressure, and regulatory scrutiny remain risks.

Lee Johnson Capital Management LLC acquired a new stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,197 shares of the iPhone maker's stock, valued at approximately $1,793,000.

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 second quarter worth approximately $146,370,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Apple in the 2nd quarter valued at $168,646,000. Baron Silver Stevens Financial Advisors LLC grew its stake in shares of Apple by 65.6% during the 2nd quarter. Baron Silver Stevens Financial Advisors LLC now owns 66,717 shares of the iPhone maker's stock valued at $19,305,000 after buying an additional 26,418 shares during the period. Rainier Family Wealth Inc. grew its stake in shares of Apple by 14.1% during the 1st quarter. Rainier Family Wealth Inc. now owns 24,386 shares of the iPhone maker's stock valued at $6,189,000 after buying an additional 3,014 shares during the period. Finally, Eaton Cambridge Inc. increased its holdings in shares of Apple by 21.3% during the 1st quarter. Eaton Cambridge Inc. now owns 13,968 shares of the iPhone maker's stock worth $3,545,000 after buying an additional 2,450 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Price Performance

Shares of NASDAQ AAPL opened at $332.41 on Thursday. Apple Inc. has a 1-year low of $236.65 and a 1-year high of $344.57. The business has a 50-day moving average of $319.40 and a 200-day moving average of $293.88. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The company has a market capitalization of $4.85 trillion, a price-to-earnings ratio of 38.12, a PEG ratio of 2.88 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 EPS for the quarter, beating the consensus estimate of $1.89 by $0.13. The business had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company's revenue was up 16.4% on a year-over-year basis. During the same period last year, the business posted $1.57 EPS. On average, equities analysts anticipate that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Announces Dividend

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

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 1,439 shares of the firm's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $317.01, for a total transaction of $456,177.39. Following the completion of the sale, the senior vice president directly owned 35,790 shares of the company's stock, valued at approximately $11,345,787.90. This trade represents a 3.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 7,194 shares of company stock valued at $2,245,142 in the last ninety days. 0.06% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Reports say Apple is developing enterprise AI servers using its upcoming M8 Ultra chips and is discussing NVIDIA’s NVLink networking technology. The project, potentially launching around 2029, could create a new hardware market, reduce reliance on third-party cloud providers, and help protect Services margins as AI usage grows. Apple Talks to Nvidia About NVLink for Its Own AI Server
• Positive Sentiment: The foldable iPhone Duo and higher-priced Pro models remain major catalysts for revenue and upgrade activity. TD Cowen reportedly set a $400 price target, while Citi survey data points to shorter smartphone replacement cycles and possible Apple market-share gains. Apple Stock Surges After Its Biggest Product Launch in Years
• Positive Sentiment: Analyst support remains favorable: JPMorgan reiterated its Buy rating, and Morgan Stanley is reportedly bullish on Apple’s new offerings. Apple’s Emmy success and continued ecosystem expansion also reinforce the long-term Services and brand story. Apple's Buy Rating Reiterated at JPMorgan
• Neutral Sentiment: The redesigned Siri and iOS 27 introduce broader AI capabilities, but the rollout is initially limited by beta labeling, language and regional restrictions, waitlists, and reports of slow response times. This makes the AI opportunity meaningful but its near-term financial impact uncertain. Apple Falls as Siri AI Arrives Behind a Beta Label
• Negative Sentiment: Analysts describe early iPhone 18 Pro and Pro Max preorders as lukewarm, potentially indicating that customers are delaying purchases for the foldable Duo. Weak Pro demand could pressure the current iPhone cycle if Duo demand does not offset it. iPhone 18 Pro Demand Is Already a Problem for Apple Stock
• Negative Sentiment: Investors are also monitoring slipping margins and an Indian consumer-regulator investigation into Apple’s software warranty and repair practices. Regulatory costs or changes to repair policies could weigh on cash flow and profitability. Indian Consumer Regulator Escalates Probe Into Apple’s Software Warranty Terms

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AAPL shares. DZ Bank cut Apple from a "buy" rating to a "hold" rating and set a $310.00 target price on the stock. in a report on Tuesday, August 4th. Citigroup restated a "buy" rating on shares of Apple in a research note on Thursday, September 10th. Citic Securities lifted their price objective on Apple from $300.00 to $349.00 in a research note on Thursday, August 6th. Rosenblatt Securities reiterated a "neutral" rating and set a $303.00 target price on shares of Apple in a report on Thursday, September 10th. Finally, Piper Sandler began coverage on shares of Apple in a research report on Monday, August 17th. They set an "overweight" rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Apple presently has a consensus rating of "Moderate Buy" and an average price target of $338.80.

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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