Apple Inc. $AAPL Shares Sold by Fiduciary Alliance LLC

Key Points

• Fiduciary Alliance LLC trimmed its AAPL stake by 1.5%, selling 3,810 shares to hold 242,232 shares (about 4.3% of its portfolio) valued at roughly $65.85 million, remaining its largest holding.
• Apple beat quarterly expectations, reporting $2.84 EPS versus $2.67 expected and revenue of $143.76 billion (up 15.7% year‑over‑year), supporting a consensus analyst view of a "Moderate Buy" and an average price target near $301.83.
• Notable insider selling: CEO Tim Cook sold 64,949 shares (~$16.5 million) and CFO Kevan Parekh sold 1,534 shares, with insiders selling 96,485 shares worth $24.59 million over the past 90 days.

Fiduciary Alliance LLC decreased its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 242,232 shares of the iPhone maker's stock after selling 3,810 shares during the quarter. Apple accounts for about 4.3% of Fiduciary Alliance LLC's investment portfolio, making the stock its largest holding. Fiduciary Alliance LLC's holdings in Apple were worth $65,853,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AAPL. Reyes Financial Architecture Inc. grew its position in shares of Apple by 0.4% during the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker's stock worth $2,520,000 after buying an additional 37 shares in the last quarter. WESPAC Advisors LLC grew its position in shares of Apple by 0.3% during the fourth quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker's stock worth $3,351,000 after buying an additional 39 shares in the last quarter. American Alpha Advisors LLC grew its position in shares of Apple by 3.7% during the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock worth $293,000 after buying an additional 41 shares in the last quarter. Seven Springs Wealth Group LLC grew its position in shares of Apple by 0.3% during the third quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker's stock worth $3,934,000 after buying an additional 42 shares in the last quarter. Finally, Avant Capital LLC grew its position in shares of Apple by 0.9% during the third quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker's stock worth $1,226,000 after buying an additional 43 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Stock Performance

Shares of AAPL opened at $270.71 on Wednesday. The business's fifty day moving average price is $260.40 and its 200 day moving average price is $264.94. Apple Inc. has a 12-month low of $193.25 and a 12-month high of $288.62. The stock has a market capitalization of $3.97 trillion, a PE ratio of 34.22, a price-to-earnings-growth ratio of 2.44 and a beta of 1.11. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. During the same period last year, the business posted $2.40 earnings per share. The firm's revenue for the quarter was up 15.7% on a year-over-year basis. Equities research analysts forecast that Apple Inc. will post 8.52 EPS for the current year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were paid a dividend of $0.26 per share. The ex-dividend date was Monday, February 9th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple's dividend payout ratio (DPR) is 13.15%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AAPL. KeyCorp reissued a "sector weight" rating on shares of Apple in a research report on Thursday, March 12th. Evercore reissued an "outperform" rating on shares of Apple in a research report on Monday, March 2nd. Sanford C. Bernstein reissued an "outperform" rating on shares of Apple in a research report on Wednesday, March 4th. Stephens set a $315.00 target price on shares of Apple in a research report on Monday, January 26th. Finally, BNP Paribas Exane raised shares of Apple from a "neutral" rating to an "outperform" rating and set a $300.00 target price for the company in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $301.83.

Insider Buying and Selling

In related news, CFO Kevan Parekh sold 1,534 shares of the firm's stock in a transaction 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 transaction, the chief financial officer directly owned 13,366 shares in the company, valued at $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Timothy D. Cook sold 64,949 shares of the firm's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at $833,980,668.14. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 96,485 shares of company stock worth $24,594,845 over the last ninety days. 0.06% of the stock is owned by insiders.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Wall Street is nudging expectations up: UBS and other firms have raised targets and flagged the potential for a slight beat and stronger guidance into Q2, supporting near-term upside. UBS Lifts Apple Stock
• Positive Sentiment: Positive bullish notes and models (e.g., 24/7 Wall St.) argue AAPL is undervalued into the earnings print, implying material upside for patient investors if Apple reiterates growth and margin trajectory. Apple Stock Poised for 21% Surge
• Positive Sentiment: Product and services catalyst set: Apple launched a cheaper App Store subscription structure (monthly with 12‑month commitment) and is rolling out AI photo-editing tools and new MacBook Pro silicon praise — both help services revenue and device differentiation. Apple introduces a cheaper option for App Store subscriptions MacBook Pro M5 review Apple to Launch AI Photo Editing Tool
• Positive Sentiment: Supply-chain and margin edge: reports note Apple is benefiting from memory pricing and silicon allocations, which can widen iPhone margins versus rivals and support services penetration. Apple turns a memory crisis into an opportunity
• Positive Sentiment: iPhone momentum: market-share reports show Apple reached the top global smartphone spot in the March quarter — a tangible signal that device sales could drive revenue upside into the print. Apple is defying a global smartphone slump
• Neutral Sentiment: Leadership transition is now on investors’ radars: John Ternus is set to become CEO in September — a product/engineering–focused pick that reduces surprise risk long term but creates short-term execution scrutiny. John Ternus, Apple’s new CEO
• Neutral Sentiment: Earnings cadence and elevated expectations: the Magnificent Seven earnings week concentrates sentiment — Apple faces a higher bar on revenue, services growth and AI messaging; that raises volatility but not an immediate directional verdict. Big Tech faces key earnings test on AI spending and cloud growth
• Neutral Sentiment: Insider activity: CFO Kevan Parekh disclosed a sale of shares (filed), which is a routine liquidity event but worth noting for timing-sensitive traders. SEC Form 4
• Negative Sentiment: Competitive threat from Qualcomm/OpenAI tie-up: reports that OpenAI is working with Qualcomm/MediaTek on AI-native phone chips triggered rotation into chipmakers and raised investor concern that Apple could lose on-device AI leadership if it doesn’t accelerate. Did Qualcomm Just Put Apple in Check? Could This New AI Smartphone Compete With Apple?
• Negative Sentiment: Perception Apple is behind on AI: multiple pieces warn that Apple needs a clear AI breakthrough; if the company fails to show credible on‑device AI progress or monetization at earnings, sentiment could flip quickly. Apple Is Falling Behind in AI

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.

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