99,152 Shares in Apple Inc. $AAPL Acquired by Trivium Point Advisory LLC

Key Points

• Trivium Point Advisory acquired 99,152 Apple shares worth approximately $28.7 million in the second quarter, making Apple its sixth-largest holding and representing about 2.6% of its portfolio.
• Analysts remain broadly bullish, with Apple holding a consensus “Moderate Buy” rating and an average price target of $338.80, supported by expectations for the iPhone 18 cycle, AI growth and a potential foldable iPhone.
• Apple’s strong valuation and premium trading multiple leave limited room for disappointment, while higher memory costs, mixed iPhone 18 Pro pre-order signals and intensifying AI-device competition pose risks.

Trivium Point Advisory LLC acquired a new stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 99,152 shares of the iPhone maker's stock, valued at approximately $28,691,000. Apple accounts for approximately 2.6% of Trivium Point Advisory LLC's investment portfolio, making the stock its 6th largest holding.

A number of other large investors have also bought and sold shares of AAPL. Longfellow Investment Management Co. LLC bought a new stake in Apple during the 2nd quarter valued at $30,000. Lifetime Wealth Management P.C. bought a new position in shares of Apple in the fourth quarter worth $41,000. Basso Capital Management L.P. bought a new position in Apple in the 4th quarter worth about $88,000. Bard Associates Inc. bought a new position in Apple in the 4th quarter worth about $109,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in Apple during the 4th quarter valued at about $187,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Analysts remain bullish on the iPhone cycle. Bank of America reaffirmed its Buy rating and $370 price target, citing encouraging iPhone 18 trends and potential artificial-intelligence upside. JPMorgan also maintained a Buy rating, pointing to the longer-term opportunity from the iPhone 18 cycle and foldable Duo. Apple Buy Rating Reaffirmed
• Positive Sentiment: The iPhone Duo is fueling growth expectations. Analysts and industry observers believe Apple’s first foldable iPhone could expand the premium smartphone market, strengthen the product cycle and create a new source of revenue and earnings growth. Can New iPhone Duo Power Apple's Stock Higher?
• Positive Sentiment: Apple’s antitrust exposure has eased. Elon Musk’s X Corp. and SpaceXAI moved to resolve or dismiss their antitrust claims against Apple related to its ChatGPT integration, reducing one legal overhang, although related claims against OpenAI continue. Musk's X Corp and SpaceXAI Resolve Antitrust Lawsuit
• Neutral Sentiment: iPhone 18 Pro pre-orders are sending mixed signals. Delivery estimates are generally shorter than during last year’s iPhone 17 launch, which could indicate softer demand, but may also reflect supply improvements or customers waiting for the iPhone Duo. Apple iPhone 18 Pro Pre-orders Point to Mixed Demand Signals
• Neutral Sentiment: Apple released iOS 27 with a redesigned Siri. The update expands Apple’s AI capabilities, but the initial waitlist and support for existing devices could limit near-term iPhone replacement demand. Apple Releases Redesigned Siri AI
• Negative Sentiment: Valuation and cost risks remain. With Apple trading near its 52-week high at a premium earnings multiple, investors may demand strong Duo adoption. Reports of sharply higher memory prices could pressure hardware margins or force price increases, while OpenAI’s acquisition of an AI-camera startup founded by former Apple employees highlights intensifying competition in AI-enabled devices. Apple CEO Warns of Memory Price Crisis

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AAPL. Morgan Stanley reaffirmed an "overweight" rating and issued a $360.00 price target on shares of Apple in a report on Wednesday, September 2nd. Citic Securities boosted their target price on Apple from $300.00 to $349.00 in a research report on Thursday, August 6th. Jefferies Financial Group restated an "underperform" rating on shares of Apple in a research note on Wednesday, September 9th. Evercore reissued an "outperform" rating on shares of Apple in a report on Monday. 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 investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $338.80.

Apple Trading Up 0.2%

Shares of AAPL opened at $333.08 on Tuesday. Apple Inc. has a fifty-two week low of $235.03 and a fifty-two week high of $344.57. The firm has a market cap of $4.86 trillion, a price-to-earnings ratio of 38.20, a PEG ratio of 2.89 and a beta of 1.08. The firm has a 50 day moving average price of $318.61 and a 200-day moving average price of $293.06. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00.

Apple (NASDAQ:AAPL - Get Free Report) last released 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 company 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 firm's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.57 EPS. As a group, equities research analysts forecast that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Announces Dividend

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

Insider Activity at Apple

In other news, SVP Jennifer Newstead sold 1,439 shares of the business's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $317.01, for a total value of $456,177.39. Following the completion of the sale, the senior vice president owned 35,790 shares of the company's stock, valued at approximately $11,345,787.90. The trade was a 3.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold a total of 7,194 shares of company stock valued at $2,245,142 in the last quarter. 0.06% of the stock is currently owned by insiders.

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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