Apple Inc. $AAPL Shares Sold by Financial Avengers Inc.

Key Points

• Financial Avengers Inc. reduced its Apple position by 3.8% in the first quarter, selling 3,423 shares and retaining 86,019 shares valued at approximately $21.8 million. Apple remains the fund’s third-largest holding, representing about 10% of its portfolio.
• Institutional investors own approximately 67.73% of Apple, while company insiders own just 0.06%; senior vice president Jennifer Newstead recently sold 1,439 shares worth about $443,000.
• Apple reported stronger-than-expected quarterly results, with revenue up 16.4% year over year, while analysts maintain a “Moderate Buy” consensus and an average price target of $328.60. Investors are also weighing positive developments such as tariff refunds and expanded U.S. manufacturing against margin risks from rising component costs and concerns about AI momentum.

Financial Avengers Inc. lowered its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 86,019 shares of the iPhone maker's stock after selling 3,423 shares during the period. Apple makes up approximately 10.0% of Financial Avengers Inc.'s investment portfolio, making the stock its 3rd largest holding. Financial Avengers Inc.'s holdings in Apple were worth $21,831,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. JMG Financial Group Ltd. grew its position in Apple by 0.7% during the 1st 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. Reyes Financial Architecture Inc. boosted its stake in shares of Apple by 0.4% in 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 during the last quarter. Interactive Financial Advisors Inc. grew its holdings in Apple by 4.0% during the fourth quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker's stock worth $286,000 after acquiring an additional 40 shares during the period. Sugar Maple Asset Management LLC raised its position in Apple by 2.0% during the first quarter. Sugar Maple Asset Management LLC now owns 2,029 shares of the iPhone maker's stock valued at $515,000 after acquiring an additional 40 shares in the last quarter. Finally, Orion Investment Co raised its position in Apple by 0.3% during the fourth quarter. Orion Investment Co now owns 14,354 shares of the iPhone maker's stock valued at $3,902,000 after acquiring an additional 41 shares in the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Ben Borders sold 116 shares of Apple stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total transaction of $34,236.24. Following the sale, the insider owned 38,713 shares of the company's stock, valued at approximately $11,425,754.82. The trade was a 0.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 Apple stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $307.75, for a total value of $442,852.25. Following the completion of the sale, the senior vice president owned 40,107 shares in the company, valued at $12,342,929.25. This represents a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.06% of the stock is owned by company insiders.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reportedly received approximately $2.2 billion in tariff refunds, which could support near-term cash flow and earnings. More than 40 S&P 500 companies have reported receiving refunds from the broader tariff program. S&P 500 Companies Claim First Payouts From $100 Billion Tariff Refund Wave
• Positive Sentiment: Apple opened a 20,000-square-foot Advanced Manufacturing Center in Houston, where it plans to assemble Mac mini computers and co-locate advanced AI-server production. The facility strengthens Apple’s U.S. manufacturing narrative and may improve supplier capabilities. Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
• Positive Sentiment: Norway’s sovereign wealth fund disclosed Apple as its second-largest global holding, valued at roughly 522 billion Norwegian kroner. The position provides a signal of continued confidence from a major long-term investor. Apple Stock Rises While Norway Fund Reveals Huge Position
• Neutral Sentiment: Apple is negotiating performance-based licensing agreements with publishers to supply current content for an upgraded, AI-powered Siri. The deals could improve Siri’s usefulness, but the potential nine-figure expense would pressure services margins and monetization remains uncertain. Apple in Talks to Pay Publishers to Improve AI-Powered Siri
• Negative Sentiment: Jefferies reduced its Apple price target, questioning whether the company has enough product and artificial-intelligence momentum to justify its premium valuation. Google’s new Pixel 11 lineup also intensifies competition ahead of Apple’s expected Siri and iPhone updates. Apple Stock Falls After Jefferies Slashes Price Target
• Negative Sentiment: Rising memory and other component costs could erode Apple’s margins even if demand remains strong. Apple is testing Chinese supplier CXMT for DRAM, which could diversify supply but introduces geopolitical and quality-related risks. Apple Stock's Biggest Risk Is The Memory Bill, Not Demand
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 1,439 Apple shares for approximately $443,000, reducing her direct stake by 3.46%. The transaction is relatively small but may add modest insider-selling pressure. Apple SEC Form 4 Insider Sale

Wall Street Analyst Weigh In

Several equities research analysts have commented on AAPL shares. DA Davidson restated a "neutral" rating and issued a $270.00 price objective on shares of Apple in a research report on Friday, July 31st. TD Cowen lifted their price objective on shares of Apple from $350.00 to $400.00 and gave the company a "buy" rating in a report on Friday, July 31st. HSBC raised shares of Apple from a "hold" rating to a "buy" rating and increased their target price for the stock from $260.00 to $366.00 in a research note on Thursday, July 16th. Phillip Securities lowered Apple from a "hold" rating to a "moderate sell" rating in a research note on Monday, August 3rd. Finally, Citigroup reaffirmed a "buy" rating and issued a $365.00 price target (up from $315.00) on shares of Apple in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $328.60.

Apple Stock Performance

Shares of NASDAQ:AAPL opened at $305.26 on Friday. The business's 50 day moving average price is $309.00 and its 200-day moving average price is $285.04. Apple Inc. has a 1 year low of $223.78 and a 1 year high of $344.57. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The firm has a market capitalization of $4.46 trillion, a PE ratio of 35.01, a P/E/G ratio of 2.59 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same quarter last year, the firm posted $1.57 EPS. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. As a group, equities research analysts expect that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were given a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. Apple's dividend payout ratio is 12.39%.

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.

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.

Continue following MarketBeat

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

Add As Preferred Source