Apple Inc. $AAPL Shares Purchased by Sapient Capital LLC

Key Points

• Sapient Capital increased its Apple stake by 4.6% in the second quarter, adding 50,641 shares to own 1.16 million shares valued at approximately $334.4 million. Institutional investors collectively own 67.73% of Apple.
• Apple insiders sold shares worth roughly $92.1 million over the past 90 days, including sales by Tim Cook and Deirdre O’Brien to cover tax obligations tied to vested equity awards.
• Apple reported strong quarterly results, with revenue up 16.4% year over year to $109.42 billion and EPS of $2.02, while analysts maintain a “Moderate Buy” consensus rating and an average price target of $340.02.

Sapient Capital LLC grew its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 4.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,155,718 shares of the iPhone maker's stock after purchasing an additional 50,641 shares during the quarter. Apple comprises approximately 3.8% of Sapient Capital LLC's portfolio, making the stock its 4th largest holding. Sapient Capital LLC's holdings in Apple were worth $334,419,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Evansbrook LLC raised its holdings in shares of Apple by 0.4% during the 1st quarter. Evansbrook LLC now owns 8,095 shares of the iPhone maker's stock worth $2,054,000 after acquiring an additional 34 shares during the period. JMG Financial Group Ltd. raised its stake in Apple by 0.7% during the first quarter. JMG Financial Group Ltd. now owns 5,102 shares of the iPhone maker's stock worth $1,295,000 after purchasing an additional 35 shares during the period. Interactive Financial Advisors Inc. boosted its holdings in Apple by 4.0% in the 4th quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker's stock valued at $286,000 after purchasing an additional 40 shares during the last quarter. Sugar Maple Asset Management LLC boosted its holdings in Apple by 2.0% in the 1st quarter. Sugar Maple Asset Management LLC now owns 2,029 shares of the iPhone maker's stock valued at $515,000 after purchasing an additional 40 shares during the last quarter. Finally, Sfam LLC increased its position in shares of Apple by 1.0% during the 1st quarter. Sfam LLC now owns 4,709 shares of the iPhone maker's stock worth $1,195,000 after purchasing an additional 46 shares during the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Apple news, insider Timothy Cook sold 191,753 shares of the company's stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.96, for a total transaction of $63,846,078.88. Following the sale, the insider owned 3,264,168 shares in the company, valued at $1,086,837,377.28. This represents a 5.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Deirdre O'brien sold 46,389 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the sale, the senior vice president directly owned 136,810 shares in the company, valued at $45,615,190.20. This represents a 25.32% decrease in their position. 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. Over the last 90 days, insiders sold 276,984 shares of company stock valued at $92,116,025. Company insiders own 0.06% of the company's stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s planned Siri overhaul could help restore investor confidence in its AI capabilities. The bullish case also rests on record Services revenue, a strong iPhone cycle and recent fiscal third-quarter revenue of $109.4 billion, up 16% year over year, with EPS rising 29%. Will Siri Overhaul Help Apple Restore Its AI Credibility?
• Positive Sentiment: Apple is tightening Mac full-disk access controls to make AI-agent data requests more visible to users. The move may strengthen the company’s privacy differentiation as concerns grow about autonomous AI tools accessing personal information. Apple Makes It Tougher for AI Agents to Access Macs
• Neutral Sentiment: CEO John Ternus, SVP Deirdre O’Brien and insider Timothy Cook collectively sold approximately $87.8 million of AAPL shares. Each filing said the transactions covered tax-withholding obligations tied to vested equity awards, making them less indicative of a negative outlook, although the sales may add short-term headline pressure. Apple Insider Filing
• Neutral Sentiment: Counterpoint expects roughly 6 million sales of Apple’s high-priced iPhone Duo this year, potentially representing at least $12 billion in hardware revenue. However, the late launch window and limited volume are not expected to materially change the broader AAPL investment case. Analyst Sees 6 Million iPhone Duo Sales
• Negative Sentiment: Investors remain concerned that Apple is behind rivals in AI monetization and execution. Comparisons suggesting Microsoft could surpass Apple in market value by 2027 reinforce worries that AAPL’s premium valuation requires substantial AI progress. Microsoft Could Become More Valuable Than Apple
• Negative Sentiment: More restrictive Mac permissions could reduce the usefulness of AI agents or create friction for developers, potentially complicating Apple’s effort to make its ecosystem a leading AI platform. With AAPL trading at a relatively high earnings multiple, execution concerns may weigh more heavily on the stock.

Apple Trading Down 0.2%

Shares of AAPL stock opened at $332.89 on Tuesday. Apple Inc. has a fifty-two week low of $243.42 and a fifty-two week high of $345.34. The company has a 50 day moving average price of $322.08 and a 200 day moving average price of $300.90. The stock has a market capitalization of $4.86 trillion, a P/E ratio of 38.18, a price-to-earnings-growth ratio of 2.66 and a beta of 1.07. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same period in the prior year, the business earned $1.57 EPS. The firm's quarterly revenue was up 16.4% on a year-over-year basis. Equities research analysts predict that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were issued a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple's dividend payout ratio (DPR) is 12.39%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of several research analyst reports. UBS Group reaffirmed a "buy" rating on shares of Apple in a research note on Thursday, September 17th. Arete Research upped their price objective on shares of Apple from $305.00 to $335.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. DZ Bank cut shares of Apple from a "buy" rating to a "hold" rating and set a $310.00 price objective for the company. in a research report on Tuesday, August 4th. Jefferies Financial Group reiterated an "underperform" rating on shares of Apple in a report on Wednesday, September 9th. Finally, Royal Bank Of Canada set a $365.00 target price on Apple in a research report on Wednesday, July 15th. 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 company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $340.02.

About Apple

Apple Inc is a technology company that designs, develops and markets 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 software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple's services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.

Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL - Free Report).

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.