Apple Inc. $AAPL Shares Acquired by Tema ETFs LLC

Key Points

• Tema ETFs LLC increased its Apple position by 10.7% in the second quarter, holding 109,937 shares valued at approximately $31.8 million. Institutional investors collectively own 67.73% of Apple.
• Apple reported quarterly earnings and revenue above analyst expectations, with revenue up 16.4% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $330.53.
• Apple faces both potential catalysts and risks, including its upcoming iPhone event and possible foldable device, alongside concerns about its premium valuation, AI execution and recent insider selling.

Tema ETFs LLC lifted its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 10.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 109,937 shares of the iPhone maker's stock after purchasing an additional 10,585 shares during the quarter. Apple comprises approximately 1.0% of Tema ETFs LLC's holdings, making the stock its 26th largest holding. Tema ETFs LLC's holdings in Apple were worth $31,811,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Lifetime Wealth Management P.C. acquired a new stake in shares of Apple during the fourth quarter valued at about $41,000. ROSS JOHNSON & Associates LLC lifted its stake in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after acquiring an additional 180 shares in the last quarter. LSV Asset Management purchased a new position in Apple in the fourth quarter valued at about $65,000. Timmons Wealth Management LLC acquired a new stake in Apple during the 4th quarter valued at approximately $69,000. Finally, 49 Wealth Management LLC grew its stake in Apple by 15.7% during 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. Hedge funds and other institutional investors own 67.73% of the company's stock.

Insider Buying and Selling

In other news, insider Ben Borders sold 116 shares of the business's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the transaction, the insider directly owned 38,713 shares in the company, valued at approximately $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $310.95, for a total value of $447,457.05. Following the completion of the transaction, the senior vice president directly owned 37,229 shares of the company's stock, valued at $11,576,357.55. This trade represents a 3.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 4,433 shares of company stock worth $1,367,024. Corporate insiders own 0.06% of the company's stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s September 9 product event will be the first major launch under incoming CEO John Ternus. Investors expect the iPhone 18 lineup, Apple Watch updates and potentially Apple’s first foldable iPhone. IDC reportedly expects more than 10 million foldable iPhone shipments in the first year, creating a potential new growth category. Apple sets Sept. 9 date for next iPhone launch event
• Positive Sentiment: New Mac mini and Mac Studio models using M6 and M5 Ultra chips are being positioned for demanding AI workloads. Improved on-device AI performance could support Mac upgrades and strengthen Apple’s appeal among developers, potentially expanding hardware and services revenue. Apple’s AI Mac Push Could Spark New Opportunities
• Positive Sentiment: Recent iPhone momentum remains constructive: global shipments reportedly rose 13% in the second quarter, aided by iPhone 17 demand and stable pricing. Apple’s latest earnings beat and strong profitability also provide fundamental support for the stock. iPhone Buyers Rush in Before Potential Apple Price Increases
• Neutral Sentiment: The CEO transition is now an immediate catalyst and risk. Ternus’s product-design background may reassure investors, but the rapid succession from leadership change to a major iPhone launch leaves little time to establish credibility.
• Negative Sentiment: Apple is cutting roughly 147–150 positions across Siri, machine-learning and Vision Pro teams while reorganizing around AI. Management may view the reductions as strategic pruning, but investors could interpret them as evidence that Apple’s AI effort and Siri reliability remain behind expectations. Apple’s rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shake-up
• Negative Sentiment: Apple’s valuation leaves less room for disappointment, with a reported price-to-earnings ratio above 36. Analysts and commentators continue to question whether AI growth and future products justify the premium after the stock’s substantial rally.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 1,439 shares worth approximately $447,000, reducing her direct holdings by 3.72%. The transaction is small relative to Apple’s market capitalization and may be routine, but insider selling can weigh modestly on sentiment. SEC Form 4 filing

Apple Price Performance

AAPL opened at $314.58 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The company's 50-day moving average price is $311.80 and its 200 day moving average price is $288.21. Apple Inc. has a fifty-two week low of $225.95 and a fifty-two week high of $344.57. The firm has a market cap of $4.59 trillion, a price-to-earnings ratio of 36.08, a price-to-earnings-growth ratio of 2.69 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. The company had revenue of $109.42 billion during 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%.Apple's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.57 earnings per share. As a group, sell-side analysts expect that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were issued 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 payout ratio is 12.39%.

Analyst Ratings Changes

Several brokerages have weighed in on AAPL. Wedbush reissued an "outperform" rating and set a $400.00 price objective on shares of Apple in a report on Friday, June 5th. Rothschild & Co Redburn set a $400.00 target price on shares of Apple and gave the company a "buy" rating in a research note on Monday, August 17th. Piper Sandler began coverage on Apple in a research note on Monday, August 17th. They issued an "overweight" rating for the company. Needham & Company LLC reissued a "hold" rating on shares of Apple in a report on Friday, July 31st. Finally, Morgan Stanley cut their price objective on Apple from $364.00 to $360.00 and set an "overweight" rating on the stock in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $330.53.

Apple 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source