Jaffetilchin Investment Partners LLC trimmed its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 340,107 shares of the iPhone maker's stock after selling 5,374 shares during the quarter. Apple makes up approximately 5.4% of Jaffetilchin Investment Partners LLC's portfolio, making the stock its 2nd largest position. Jaffetilchin Investment Partners LLC's holdings in Apple were worth $92,461,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Zevenbergen Capital Investments LLC boosted its holdings in shares of Apple by 5.4% in the fourth quarter. Zevenbergen Capital Investments LLC now owns 501,917 shares of the iPhone maker's stock worth $136,451,000 after buying an additional 25,866 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Apple in the fourth quarter worth about $161,516,000. Solitude Financial Services boosted its holdings in shares of Apple by 12.2% in the fourth quarter. Solitude Financial Services now owns 15,468 shares of the iPhone maker's stock worth $4,205,000 after buying an additional 1,677 shares during the period. Financial Planning Hawaii Inc. acquired a new position in shares of Apple in the fourth quarter worth about $17,412,000. Finally, Rebalance LLC boosted its holdings in shares of Apple by 4.1% in the fourth quarter. Rebalance LLC now owns 10,491 shares of the iPhone maker's stock worth $2,852,000 after buying an additional 418 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.
Key Apple News
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Market share gains: Counterpoint/Reuters data show Apple led global smartphone shipments in Q1 with about 21% share and 5% year‑over‑year growth — a signal of resilient iPhone demand that underpins revenue and margin outlooks. Apple leads global smartphone shipments
- Positive Sentiment: Supplier strength: TSMC reported a 35% jump in Q1 revenue on AI chip demand — good for Apple’s advanced chip supply continuity and pricing leverage for devices using leading-node silicon. TSMC revenue surges
- Positive Sentiment: Services distribution lift: Apple TV becoming available as a paid add‑on on Amazon Prime Video in the U.S. expands services reach and monetization channels for Apple’s content/subscription ecosystem. Apple TV lands on Amazon Prime Video
- Neutral Sentiment: Options activity: Reports of unusual bullish options flow suggest some investors are positioning for upside, but options can amplify short‑term moves without changing fundamentals. Unusual Activity in Apple Options Today
- Neutral Sentiment: Institutional moves: Coverage notes Israel Englander trimmed a Millennium position and other filings show insider sales — routine portfolio rebalancing that merits monitoring but not necessarily a directional signal alone. Israel Englander Trims Stake
- Negative Sentiment: Retail/ labor risk: Apple will close three U.S. mall stores in June including its first unionized location in Towson, Maryland. The move raises labor‑relations and PR concerns and highlights brick‑and‑mortar pressure — a small revenue line but reputational and employee‑relation risk. Apple to shutter its first unionized US store
- Negative Sentiment: Earnings/forecast downside: Jefferies flagged a possible slight March‑quarter miss (weaker iPhone sales, higher memory costs) and Erste lowered FY2027 EPS estimates — both could pressure near‑term sentiment ahead of formal guidance. Apple set to deliver slight earnings miss
- Negative Sentiment: Product timing concerns: Ongoing reports about foldable iPhone technical challenges and potential delays keep some investors cautious about the next major product catalyst. Foldable iPhone remains on track
Apple Price Performance
NASDAQ AAPL opened at $260.48 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $3.82 trillion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11. The company has a 50 day moving average price of $260.76 and a two-hundred day moving average price of $263.80. Apple Inc. has a 12-month low of $186.06 and a 12-month high of $288.62.
Apple (NASDAQ:AAPL - Get Free Report) last posted its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.67 by $0.17. The firm had revenue of $143.76 billion during the quarter, compared to analysts' expectations of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The company's revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the company earned $2.40 earnings per share. As a group, equities analysts predict that Apple Inc. will post 7.28 earnings per share for the current fiscal year.
Apple Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were paid a $0.26 dividend. The ex-dividend date was Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple's payout ratio is 13.15%.
Insider Buying and Selling
In other Apple news, SVP Deirdre O'brien sold 30,002 shares of Apple stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of the sale, the senior vice president directly owned 136,810 shares in the company, valued at $34,934,433.50. The trade was a 17.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the sale, the chief executive officer owned 3,280,418 shares of the company's stock, 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. 0.06% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Several brokerages have commented on AAPL. Moffett Nathanson raised their target price on shares of Apple from $241.00 to $270.00 and gave the stock a "neutral" rating in a report on Wednesday, February 25th. KeyCorp reiterated a "sector weight" rating on shares of Apple in a report on Thursday, March 12th. JPMorgan Chase & Co. raised their price target on shares of Apple from $315.00 to $325.00 and gave the stock an "overweight" rating in a report on Friday, January 30th. TD Cowen restated a "buy" rating and set a $325.00 price target on shares of Apple in a report on Friday, January 30th. Finally, Barclays raised their price target on shares of Apple from $239.00 to $248.00 and gave the stock an "underweight" rating in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Apple currently has an average rating of "Moderate Buy" and an average target price of $301.23.
Read Our Latest Stock Report on Apple
Apple Company Profile
(
Free Report)
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.
Further Reading
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