Albion Financial Group UT Sells 11,173 Shares of Apple Inc. $AAPL

Key Points

• Albion Financial Group UT trimmed its Apple stake by 3.3%, selling 11,173 shares in Q4 and leaving 328,607 shares valued at $89.34 million, with Apple representing 5.6% of the fund and its second-largest holding.
• Insider sales: SVP Deirdre O'Brien sold 30,002 shares and CEO Tim Cook sold 64,949 shares on April 2 under pre-arranged Rule 10b5-1 plans, reducing their ownerships by ~17.99% and ~1.94%, respectively.
• Analyst and financial snapshot: Apple has a consensus rating of Moderate Buy with an average target of $303.06, and recently beat quarterly estimates (EPS $2.84 vs. $2.67) with revenue of $143.76 billion, while sporting a ~$4.01 trillion market cap.

Albion Financial Group UT cut its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 328,607 shares of the iPhone maker's stock after selling 11,173 shares during the quarter. Apple accounts for 5.6% of Albion Financial Group UT's portfolio, making the stock its 2nd largest position. Albion Financial Group UT's holdings in Apple were worth $89,335,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Isthmus Partners LLC increased its position in shares of Apple by 6.4% during the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock worth $25,000 after acquiring an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC grew its stake in Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after purchasing an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC increased its holdings in Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after purchasing an additional 180 shares during the last quarter. LSV Asset Management acquired a new position in shares of Apple in the 4th quarter valued at approximately $65,000. Finally, 49 Wealth Management LLC raised its position in shares of Apple by 15.7% in the 3rd quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker's stock valued at $76,000 after purchasing an additional 40,543 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Deirdre O'brien sold 30,002 shares of the company's stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the completion of the transaction, the senior vice president directly owned 136,810 shares of the company's stock, valued at approximately $34,934,433.50. This represents a 17.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the sale, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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. Citigroup reissued a "buy" rating on shares of Apple in a research report on Tuesday. KeyCorp reaffirmed a "sector weight" rating on shares of Apple in a report on Thursday, March 12th. Moffett Nathanson increased their price objective on shares of Apple from $241.00 to $270.00 and gave the company a "neutral" rating in a research note on Wednesday, February 25th. Bank of America raised their price objective on shares of Apple from $320.00 to $325.00 and gave the stock a "buy" rating in a report on Tuesday, April 14th. Finally, Stifel Nicolaus set a $330.00 target price on shares of Apple in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $303.06.

Apple Stock Performance

Apple stock opened at $273.43 on Friday. The company has a market cap of $4.01 trillion, a PE ratio of 34.57, a P/E/G ratio of 2.49 and a beta of 1.11. The company has a fifty day moving average price of $259.72 and a two-hundred day moving average price of $264.46. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. Apple Inc. has a 12 month low of $193.25 and a 12 month high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, topping analysts' consensus estimates of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. During the same period in the prior year, the company earned $2.40 earnings per share. The firm's revenue was up 15.7% compared to the same quarter last year. Research analysts expect that Apple Inc. will post 8.5 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were paid a dividend of $0.26 per share. The ex-dividend date was Monday, February 9th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple's dividend payout ratio is 13.15%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Market reaction to Apple naming John Ternus as CEO has been upbeat — investors and some analysts view his hardware pedigree as a credible path to accelerate device‑level AI and product innovation, supporting near‑term confidence in AAPL. Ternus the Page: Apple's Engineering Prodigy Takes the Reins
• Positive Sentiment: Apple patched a high‑profile iPhone notification bug that exposed deleted messages; the security fix lifted sentiment around privacy and product quality and coincided with an intraday stock bounce. Apple (AAPL) Stock Climbs as iPhone Notification Bug Gets Patched
• Positive Sentiment: Channel and shipment data show strong iPhone demand (notably China) and some broker notes (e.g., Bank of America commentary) expect iPhone 17 demand to support upcoming results — a fundamental tailwind ahead of earnings. Apple gets a stunning boost as smartphone rivals stumble
• Neutral Sentiment: April 30 earnings are the next major catalyst — previews and options activity show investors positioning for a beat/miss outcome; that event could swing AAPL materially in either direction. Apple Q2 Earnings Preview: Is AAPL Stock a Buy, Sell, or Hold?
• Neutral Sentiment: Mixed analyst notes: some firms reaffirm positive ratings while others flag valuation/AI execution risks — the street is split, so analyst chatter is supporting volume but not a clear directional consensus. Wedbush Reaffirms Outperform Rating for Apple
• Negative Sentiment: Reports of a broader leadership exodus and that chip chief Johny Srouji is “seriously considering” leaving pose execution risk — losing senior hardware/AI talent could undermine product roadmaps during an AI pivot. Apple rocked by executive departures, with chip chief at risk of leaving next
• Negative Sentiment: Regulatory risk surfaces in India where an accelerated antitrust probe into App Store rules could lead to structural changes or multibillion penalties — a material long‑term profit and policy risk for Apple’s services franchise. Indian Antitrust Push Tests Apple App Store Model And Valuation Narrative

Apple Company Profile

Apple Inc NASDAQ: AAPL is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple's principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

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