Apple Inc. $AAPL Shares Sold by Foguth Wealth Management LLC.

Key Points

• Foguth Wealth Management cut its Apple stake by 7% in the third quarter, selling 2,426 shares and retaining 32,341 shares valued at approximately $11.1 million. Institutional investors collectively own 67.73% of Apple.
• Apple reported a quarterly earnings beat, with revenue of $114.48 billion and EPS of $2.10, driven by strong iPhone 18 Pro demand, record Mac and Services sales, and an expanding installed base.
• Despite the positive results, Apple faces concerns over weaker China, iPad, and Wearables sales, rising memory-chip costs, and limited visibility into its AI strategy. Analysts maintain a “Moderate Buy” consensus with an average price target of $340.49.

Foguth Wealth Management LLC. decreased its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 7.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,341 shares of the iPhone maker's stock after selling 2,426 shares during the quarter. Foguth Wealth Management LLC.'s holdings in Apple were worth $11,108,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Prospera Capital Management LLC boosted its holdings in Apple by 4.9% in the third quarter. Prospera Capital Management LLC now owns 7,314 shares of the iPhone maker's stock valued at $2,436,000 after purchasing an additional 339 shares during the last quarter. Blankinship & Foster LLC increased its holdings in Apple by 1.5% during the 3rd quarter. Blankinship & Foster LLC now owns 18,440 shares of the iPhone maker's stock worth $6,141,000 after purchasing an additional 281 shares during the last quarter. Miramontes Capital LLC increased its holdings in Apple by 0.8% during the 3rd quarter. Miramontes Capital LLC now owns 94,395 shares of the iPhone maker's stock worth $31,435,000 after purchasing an additional 733 shares during the last quarter. First Bank & Trust increased its holdings in Apple by 1.3% during the 3rd quarter. First Bank & Trust now owns 63,856 shares of the iPhone maker's stock worth $21,265,000 after purchasing an additional 792 shares during the last quarter. Finally, Clark Wealth Partners raised its position in shares of Apple by 9.9% in the 3rd quarter. Clark Wealth Partners now owns 5,126 shares of the iPhone maker's stock valued at $1,707,000 after purchasing an additional 462 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Stock Performance

Shares of NASDAQ AAPL opened at $338.32 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The firm's 50-day moving average price is $333.62 and its two-hundred day moving average price is $296.77. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $351.73. The stock has a market capitalization of $4.94 trillion, a P/E ratio of 38.80, a P/E/G ratio of 2.72 and a beta of 1.07.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, beating analysts' consensus estimates of $1.99 by $0.11. The company had revenue of $114.48 billion during the quarter, compared to the consensus estimate of $113.40 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%. Apple's quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.85 earnings per share. As a group, sell-side analysts forecast that Apple Inc. will post 8.75 earnings per share for the current year.

Insider Activity

In other news, SVP Deirdre O'brien sold 46,389 shares of the business's stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the completion of the transaction, the senior vice president directly owned 136,810 shares in the company, valued at approximately $45,615,190.20. The trade was a 25.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy D. Cook sold 191,753 shares of the business's stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $332.96, for a total value of $63,846,078.88. Following the transaction, the insider owned 3,264,168 shares of the company's stock, valued at approximately $1,086,837,377.28. This represents a 5.55% decrease in their ownership of the stock. 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. Insiders have sold a total of 289,252 shares of company stock worth $96,301,063 in the last quarter. Company insiders own 0.06% of the company's stock.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported fiscal fourth-quarter revenue of $114.48 billion, up 12% year over year and above the approximately $113.4 billion consensus estimate. Diluted EPS of $2.10 also exceeded expectations near $1.99. Apple results beat Wall Street expectations on strong iPhone sales
• Positive Sentiment: Growth was led by early demand for the iPhone 18 Pro lineup, with iPhone revenue reaching $57.6 billion, up 17%, while Mac sales and Services also set records. Apple’s active installed base reached an all-time high, supporting its ecosystem and recurring-revenue outlook. Apple Q4 earnings call: Ternus breaks down excellent quarter
• Positive Sentiment: Relatively light quarterly capital spending of $2.24 billion, below the expected $3.33 billion, reinforces Apple’s cash-generation and capital-discipline story as other technology companies spend heavily on AI infrastructure. Big quarterly beats after the close
• Neutral Sentiment: The report was the first under CEO John Ternus. His defense of Apple’s measured AI strategy may appeal to investors seeking profitable, product-focused AI development, but it leaves the company with less visible AI investment than major rivals.
• Negative Sentiment: China revenue fell short of projections, while iPad and Wearables, Home and Accessories sales missed estimates. These weaknesses offset the iPhone and Mac strength and raised concerns about regional and product-line momentum. New CEO John Ternus delivers an Apple earnings beat
• Negative Sentiment: Memory-chip inflation and component shortages threaten future gross margins. Apple’s inventory rose from $11.09 billion to $14.54 billion during the quarter, suggesting the company is stockpiling components but also tying up more cash. Apple inventory surges as memory chip costs climb
• Negative Sentiment: EPS benefited from a roughly $0.05-per-share tariff refund, and gross margin received an approximately one-percentage-point boost. Investors may therefore view part of the earnings beat as one-time rather than purely operational. Apple reports fourth quarter results

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft cut Apple from a "buy" rating to a "hold" rating in a research note on Monday, August 17th. Yorkville Ives assumed coverage on shares of Apple in a research note on Tuesday, October 6th. They issued an "outperform" rating and a $400.00 price target for the company. The Goldman Sachs Group started coverage on shares of Apple in a report on Monday, August 17th. They issued a "buy" rating on the stock. JPMorgan Chase & Co. increased their price objective on shares of Apple from $340.00 to $360.00 and gave the company an "overweight" rating in a research note on Monday, October 12th. Finally, Raymond James Financial reissued a "market perform" rating on shares of Apple in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $340.49.

About Apple

Apple Inc designs, develops and sells 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 applications that support its hardware ecosystem.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.

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