Apple Inc. $AAPL Shares Newly Purchased by Invst LLC

Key Points

• Invst LLC bought 40,749 Apple shares during the second quarter, worth approximately $11.8 million and representing about 1.1% of its portfolio. Institutional investors collectively own 67.73% of Apple.
• Apple reported quarterly revenue of $109.42 billion and earnings of $2.02 per share, both ahead of analyst expectations, while revenue increased 16.4% year over year.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $340.14, although elevated valuation, rising component costs, AI competition and Apple Pay litigation remain risks.

Invst LLC bought a new stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 40,749 shares of the iPhone maker's stock, valued at approximately $11,791,000. Apple accounts for about 1.1% of Invst LLC's investment portfolio, making the stock its 12th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Legal & General Group Plc acquired a new stake in shares of Apple during the second quarter worth $30,443,242,000. Deutsche Bank AG acquired a new position in Apple in the second quarter valued at $13,658,359,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Apple in the second quarter valued at $10,588,946,000. Diamant Asset Management Inc. boosted its position in Apple by 24,974.3% during the first quarter. Diamant Asset Management Inc. now owns 26,614,323 shares of the iPhone maker's stock valued at $6,754,449,000 after acquiring an additional 26,508,181 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in Apple during the second quarter valued at $7,665,140,000. Institutional investors own 67.73% of the company's stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: iPhone 18 demand remains encouraging. Long lines in India and strong interest in the iPhone 18 Pro and Pro Max suggest Apple’s premium pricing is holding up in an important growth market. Evercore ISI raised its price target to $380 from $365 while maintaining an outperform rating. Apple iPhone demand in India
• Positive Sentiment: Momentum and technical positioning remain supportive. AAPL has gained roughly 10% over the past month and is approaching a potential buy point, helping sustain investor interest. Bank of America and JPMorgan have reiterated bullish ratings, while several analysts maintain targets above the current trading range. Apple stock approaches buy point
• Neutral Sentiment: Apple is expanding its product ecosystem. The company plans a refreshed HomePod mini, while reports suggest it may develop its own AI server chips. These initiatives could support future ecosystem engagement and infrastructure efficiency, but they are not yet material earnings drivers. Apple to release new HomePod mini
• Negative Sentiment: Rising component costs could pressure margins. Bernstein warned that surging memory and other smartphone component costs may weigh on gross margins and earnings in the December quarter, particularly as Apple introduces more expensive iPhones. Apple’s expensive new iPhones and margins
• Negative Sentiment: Valuation and AI execution remain key risks. At nearly $5 trillion in market value and about 38–39 times earnings, Apple requires continued earnings growth to justify its valuation. Analysts argue Alphabet’s Gemini ecosystem and monetization progress currently give it an edge in consumer AI, while Meta’s AI devices add competitive pressure. Alphabet versus Apple in consumer AI
• Negative Sentiment: Legal and product issues add uncertainty. A judge certified a class of payment card issuers in an Apple Pay antitrust lawsuit alleging improper fees. Separately, Apple is preparing a software fix for an iPhone 18 Pro reboot problem. Apple Pay class-action lawsuit

Apple Stock Performance

NASDAQ AAPL opened at $341.07 on Friday. The company has a fifty day moving average price of $321.56 and a 200-day moving average price of $297.37. The firm has a market cap of $4.98 trillion, a price-to-earnings ratio of 39.11, a PEG ratio of 2.96 and a beta of 1.08. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $345.34.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.13. The business had revenue of $109.42 billion for the quarter, compared to analysts' expectations of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.57 earnings per share. As a group, equities research analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a $0.27 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple's payout ratio is currently 12.39%.

Insider Transactions at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the company's stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $340.06, for a total value of $815,803.94. Following the completion of the transaction, the senior vice president owned 44,391 shares in the company, valued at $15,095,603.46. This represents a 5.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 11,031 shares of company stock valued at $3,535,759. 0.06% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AAPL shares. Citic Securities boosted their price objective on Apple from $300.00 to $349.00 in a research note on Thursday, August 6th. Loop Capital set a $380.00 target price on Apple in a research note on Friday, September 18th. Rothschild & Co Redburn set a $400.00 price target on Apple and gave the company a "buy" rating in a research note on Monday, August 17th. TD Cowen restated a "buy" rating and set a $400.00 price target on shares of Apple in a report on Thursday, September 10th. Finally, Arete Research raised their price objective on shares of Apple from $305.00 to $335.00 and gave the stock a "buy" rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $340.14.

About Apple

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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