Apple Inc. $AAPL Holdings Trimmed by Inspirion Wealth Advisors LLC

Key Points

• Inspirion Wealth Advisors trimmed its Apple position by 2.8% in the third quarter, selling 1,547 shares and retaining 53,017 shares valued at approximately $17.7 million. Apple represented 2.0% of the firm’s portfolio.
• Institutional investors own 67.73% of Apple, while insiders sold roughly $93.7 million worth of shares over the past three months—sales described as covering tax obligations tied to vested equity awards.
• Apple reported quarterly revenue of $109.42 billion and EPS of $2.02, beating analyst estimates, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $340.39.

Inspirion Wealth Advisors LLC reduced its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 2.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,017 shares of the iPhone maker's stock after selling 1,547 shares during the quarter. Apple accounts for 2.0% of Inspirion Wealth Advisors LLC's investment portfolio, making the stock its 14th biggest holding. Inspirion Wealth Advisors LLC's holdings in Apple were worth $17,656,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. LifeGoal Investments LLC boosted its stake in shares of Apple by 76.6% during the 3rd quarter. LifeGoal Investments LLC now owns 30,440 shares of the iPhone maker's stock valued at $10,137,000 after buying an additional 13,204 shares during the period. MKD Wealth Coaches LLC grew its holdings in shares of Apple by 13.5% during the 3rd quarter. MKD Wealth Coaches LLC now owns 1,333 shares of the iPhone maker's stock valued at $444,000 after acquiring an additional 159 shares in the last quarter. Market Street Wealth Management Advisors LLC grew its holdings in shares of Apple by 4.3% during the 3rd quarter. Market Street Wealth Management Advisors LLC now owns 18,906 shares of the iPhone maker's stock valued at $6,296,000 after acquiring an additional 785 shares in the last quarter. Monument Capital Management increased its stake in shares of Apple by 0.8% in the third quarter. Monument Capital Management now owns 34,342 shares of the iPhone maker's stock worth $11,437,000 after acquiring an additional 270 shares during the last quarter. Finally, Emergent Wealth Advisors LLC increased its stake in shares of Apple by 2.0% in the third quarter. Emergent Wealth Advisors LLC now owns 4,914 shares of the iPhone maker's stock worth $1,636,000 after acquiring an additional 98 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock.

Insider Buying and Selling

In other news, CEO John Ternus sold 25,412 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the transaction, the chief executive officer owned 59,567 shares of the company's stock, valued at approximately $19,832,236.98. This represents a 29.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy D. Cook sold 191,753 shares of the firm's stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $332.96, for a total value of $63,846,078.88. Following the completion of the transaction, the insider directly owned 3,264,168 shares in the company, valued at $1,086,837,377.28. The trade was a 5.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 281,782 shares of company stock valued at $93,740,172 in the last three months. 0.06% of the stock is currently owned by corporate insiders.

Apple Stock Performance

Shares of AAPL opened at $343.46 on Monday. The firm has a market cap of $5.01 trillion, a price-to-earnings ratio of 39.39, a price-to-earnings-growth ratio of 2.72 and a beta of 1.07. The company's fifty day moving average is $325.83 and its 200-day moving average is $306.58. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. Apple Inc. has a 12 month low of $243.42 and a 12 month high of $348.15.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings data 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 net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same quarter in the previous year, the business earned $1.57 EPS. Apple's quarterly revenue was up 16.4% compared to the same quarter last year. Equities analysts expect that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. 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 dividend payout ratio is presently 12.39%.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s $1,999 iPhone Duo reportedly sold out within minutes of preorders opening, with delivery estimates pushed into 2027. The response suggests strong pricing power and could establish a significant new premium product category. Apple blames extraordinary demand as foldable iPhones sell out
• Positive Sentiment: Evercore ISI said the iPhone Duo’s extended lead times support its Buy rating and $380 price target. Investors view the launch as a potential catalyst for higher average selling prices and iPhone revenue. Apple early iPhone demand supports Buy rating
• Positive Sentiment: Apple and Meta are collaborating to run Meta’s 816-billion-parameter Muse Spark Open AI model locally on high-end Macs. The partnership may strengthen Mac demand for AI workloads and improve Apple’s AI positioning without requiring a competing mega-scale model. Apple and Meta team up on AI
• Neutral Sentiment: UBS cautioned that iPhone demand could weaken, highlighting the risk that strong initial foldable-phone interest may not translate into sustained volume. Apple’s roughly $5 trillion valuation also leaves the stock dependent on continued execution.
• Negative Sentiment: UK regulators are preparing a legal fight that could require Apple to give competing payment providers access to technology behind Apple Pay’s tap-to-pay functionality. A forced opening could weaken the payments ecosystem and create compliance costs. Apple set for UK legal fight over tap-to-pay rules
• Negative Sentiment: Apple faces ongoing concerns about lagging rivals in AI infrastructure and advanced assistants. Reports that some iPhone 18 Pro component orders were reduced add to questions about future handset demand.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares worth approximately $828,000. The transaction is small relative to Apple’s size but represents another insider sale and may have modest signaling value.

Analyst Ratings Changes

Several brokerages recently issued reports on AAPL. DA Davidson reiterated a "neutral" rating and set a $270.00 price objective on shares of Apple in a report on Wednesday, September 2nd. Barclays restated an "underweight" rating and issued a $245.00 target price (down from $253.00) on shares of Apple in a research note on Friday, July 31st. Loop Capital set a $380.00 target price on Apple in a research report on Friday, September 18th. Daiwa Securities Group upped their target price on Apple from $325.00 to $335.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 11th. Finally, HSBC reaffirmed a "buy" rating and set a $366.00 price target on shares of Apple in a research note on Tuesday, September 8th. One research 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $340.39.

About Apple

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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