Apple Inc. $AAPL Shares Purchased by Discipline Wealth Solutions LLC

Key Points

• Discipline Wealth Solutions LLC increased its Apple stake by 18.2% in the fourth quarter, buying 3,782 additional shares and bringing its total to 24,568 shares worth about $6.68 million.
• Apple continues to attract bullish attention from analysts, with Wedbush raising its price target to $400 and other firms citing AI-driven growth potential and upcoming WWDC software announcements as possible catalysts.
• The company reported strong quarterly results, beating earnings and revenue expectations, while also lifting its dividend to $0.27 per share; Apple shares recently traded near their 52-week high at $293.25.

Discipline Wealth Solutions LLC raised its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 18.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,568 shares of the iPhone maker's stock after purchasing an additional 3,782 shares during the quarter. Apple accounts for 1.2% of Discipline Wealth Solutions LLC's holdings, making the stock its 19th largest holding. Discipline Wealth Solutions LLC's holdings in Apple were worth $6,679,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AAPL. Sellwood Investment Partners LLC increased its position in shares of Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after acquiring an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC raised its stake in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares during the period. LSV Asset Management acquired a new position in shares of Apple in the 4th quarter worth approximately $65,000. PayPay Securities Corp lifted its holdings in shares of Apple by 52.1% in the 4th quarter. PayPay Securities Corp now owns 365 shares of the iPhone maker's stock worth $99,000 after acquiring an additional 125 shares during the last quarter. Finally, eCIO Inc. purchased a new position in shares of Apple during the 4th quarter worth approximately $112,000. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Wedbush lifted Apple’s price target to $400 and said AI could drive a major growth wave for AAPL. Apple price target boosted by Wedbush on AI monetization expectations
• Positive Sentiment: Reports that Apple reached a preliminary chip-making deal with Intel boosted confidence in Apple’s manufacturing strategy and supply chain flexibility. Apple, Intel Have Reached Preliminary Chip-Making Agreement
• Positive Sentiment: Analysts see WWDC as a potential inflection point, with upcoming AI-related software features seen as a possible catalyst for Apple’s next leg higher. Apple’s biggest bull is now calling for a 37% stock jump
• Neutral Sentiment: Apple remains near its recent highs after strong quarterly results, keeping investor expectations elevated ahead of the next catalyst. Dow Jones Futures: Market At Highs With Iran, Trump-Xi Summit In Focus; Apple, Nvidia, Boeing In Buy Areas
• Negative Sentiment: Apple also faces ongoing legal and regulatory noise, including a Siri settlement and App Store antitrust disputes, which could weigh on sentiment if they escalate. Apple promised a smarter Siri, but a lawsuit says it didn’t deliver—and you can get up to $95 back

Insider Transactions at Apple

In other Apple news, CFO Kevan Parekh sold 1,534 shares of the company's stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the sale, the chief financial officer directly owned 13,366 shares of the company's stock, valued at $3,675,650. This represents a 10.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $7,661,010.70. Following the sale, the senior vice president owned 136,810 shares of the company's stock, valued at $34,934,433.50. This trade represents a 17.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 96,485 shares of company stock worth $24,594,845. Company insiders own 0.06% of the company's stock.

Apple Stock Performance

NASDAQ:AAPL opened at $293.25 on Monday. Apple Inc. has a 12 month low of $193.46 and a 12 month high of $294.76. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. The firm has a market capitalization of $4.31 trillion, a PE ratio of 35.46, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The business's fifty day moving average price is $261.85 and its 200 day moving average price is $266.04.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The company had revenue of $111.18 billion for the quarter, compared to analysts' expectations of $109.46 billion. During the same quarter last year, the company earned $1.65 earnings per share. The firm's revenue for the quarter was up 16.6% on a year-over-year basis. On average, sell-side analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. This is a positive change from Apple's previous quarterly dividend of $0.26. The ex-dividend date is Monday, May 11th. Apple's payout ratio is currently 12.58%.

Analysts Set New Price Targets

AAPL has been the subject of a number of research reports. Evercore reaffirmed an "outperform" rating on shares of Apple in a research note on Monday, March 2nd. Scotiabank set a $330.00 target price on Apple in a research note on Monday, February 2nd. KeyCorp restated a "sector weight" rating on shares of Apple in a report on Thursday, March 12th. Monness Crespi & Hardt lifted their target price on Apple from $315.00 to $335.00 and gave the company a "buy" rating in a research report on Friday, May 1st. Finally, KGI Securities upgraded shares of Apple to an "outperform" rating and set a $306.00 price target on the stock in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $305.74.

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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