Apple Inc. $AAPL is Red Lighthouse Investment Management LLC's 5th Largest Position

Red Lighthouse Investment Management LLC cut its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,629 shares of the iPhone maker's stock after selling 7,729 shares during the quarter. Apple accounts for about 7.8% of Red Lighthouse Investment Management LLC's portfolio, making the stock its 5th biggest position. Red Lighthouse Investment Management LLC's holdings in Apple were worth $21,920,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sellwood Investment Partners LLC lifted its position in shares of Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after buying an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC lifted its position in shares of 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 buying an additional 180 shares in the last quarter. LSV Asset Management bought a new position in shares of Apple during the 4th quarter worth approximately $65,000. HFM Investment Advisors LLC bought a new position in shares of Apple during the 1st quarter worth approximately $99,000. Finally, Miller Global Investments LLC bought a new position in shares of Apple during the 4th quarter worth approximately $127,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Deirdre O'brien sold 30,002 shares of Apple stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of the transaction, the senior vice president directly owned 136,810 shares in the company, valued at approximately $34,934,433.50. The trade was a 17.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the transaction, the chief executive officer owned 3,280,418 shares of the company's stock, valued at $833,980,668.14. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.06% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Stifel Nicolaus set a $330.00 target price on shares of Apple in a research report on Monday, March 2nd. Royal Bank Of Canada set a $325.00 target price on shares of Apple in a research report on Monday, February 2nd. DA Davidson reissued a "neutral" rating and set a $270.00 target price on shares of Apple in a research report on Friday, January 30th. Moffett Nathanson lifted their target price on shares of Apple from $241.00 to $270.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 25th. Finally, KGI Securities raised shares of Apple to an "outperform" rating and set a $306.00 target price on the stock in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $301.37.

Apple Trading Up 2.9%

NASDAQ:AAPL opened at $266.43 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $3.91 trillion, a PE ratio of 33.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.11. The firm's 50 day moving average is $260.12 and its 200 day moving average is $263.94. Apple Inc. has a 12 month low of $189.81 and a 12 month high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts' consensus estimates of $2.67 by $0.17. The company had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. Apple's revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.40 EPS. Sell-side analysts expect that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

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 $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, February 9th. Apple's payout ratio is currently 13.15%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America raised its price target and reiterated a bullish outlook ahead of Q2, citing strong iPhone and Services momentum — a clear analyst catalyst supporting upside expectations. Apple price target raised ahead of earnings
• Positive Sentiment: Unusually large call buying: traders purchased ~1.03M Apple calls (≈24% above typical daily call volume), signaling short‑term bullish positioning that can amplify intraday gains.
• Positive Sentiment: Product catalysts — reports on Apple’s imminent foldable iPhone and recent product announcements keep a tangible growth story intact (new hardware can lift ASPs and Services engagement). Apple's Foldable iPhone Foray
• Neutral Sentiment: Amazon’s acquisition of Globalstar reshapes Apple’s satellite dependence — it creates near‑term uncertainty (a critical vendor now controlled by a competitor) but also a potential catalyst if Apple elects to accelerate its own satellite strategy or strike new partnerships. Apple Sends an SOS
• Neutral Sentiment: AI narrative and positioning: multiple pieces flag rising investor focus on Apple’s AI approach versus peers — positive long‑term but execution and timing remain uncertain, so this is more of a watch‑item than an immediate earnings lever. Apple: More Attention On AI Strategy
• Negative Sentiment: App‑store security incident: a fake Ledger app that stole ~$9.5M highlighted review gaps and raises regulatory/PR risk around App Store oversight (Apple removed the app, but incidents like this can drive scrutiny). Apple removes fake Ledger app
• Negative Sentiment: Store closures including a unionized location drew criticism and union‑busting claims — reputational and workforce risks are remote to revenue but could attract regulatory or headline pressure. Apple closing 3 stores

About Apple

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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