Apple Inc. $AAPL Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Key Points

• Mitsubishi UFJ Trust & Banking Corp reduced its Apple stake by 8.1% in the fourth quarter, selling 665,441 shares and leaving it with 7.5 million shares worth about $2.04 billion. Apple remains its second-largest holding and about 4.8% of its portfolio.
• Apple continues to draw mostly bullish analyst sentiment, with a consensus rating of “Moderate Buy” and a consensus target price of $310.31. Recent calls include Bank of America lifting its target to $380, citing AI features and a redesigned Siri as potential growth drivers.
• The company reported better-than-expected quarterly results, including EPS of $2.01 and revenue of $111.18 billion, while also raising its quarterly dividend to $0.27 per share. Apple stock has been trading near record highs, with a market cap of about $4.57 trillion.

Mitsubishi UFJ Trust & Banking Corp cut its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 8.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,503,779 shares of the iPhone maker's stock after selling 665,441 shares during the period. Apple comprises approximately 4.8% of Mitsubishi UFJ Trust & Banking Corp's investment portfolio, making the stock its 2nd biggest holding. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.05% of Apple worth $2,040,006,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Reyes Financial Architecture Inc. lifted its position in Apple by 0.4% during the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker's stock valued at $2,520,000 after purchasing an additional 37 shares during the period. WESPAC Advisors LLC lifted its position in Apple by 0.3% during the fourth quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker's stock valued at $3,351,000 after purchasing an additional 39 shares during the period. American Alpha Advisors LLC increased its holdings in Apple by 3.7% in the third quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock valued at $293,000 after buying an additional 41 shares in the last quarter. Seven Springs Wealth Group LLC increased its holdings in Apple by 0.3% in the third quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker's stock valued at $3,934,000 after buying an additional 42 shares in the last quarter. Finally, Avant Capital LLC increased its holdings in Apple by 0.9% in the third quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker's stock valued at $1,226,000 after buying an additional 43 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AAPL has been the subject of a number of recent analyst reports. Jefferies Financial Group set a $330.00 price objective on shares of Apple in a report on Wednesday, March 4th. Bank of America reaffirmed a "buy" rating and issued a $380.00 price objective (up from $330.00) on shares of Apple in a report on Tuesday. Scotiabank set a $330.00 price objective on shares of Apple in a report on Monday, February 2nd. KGI Securities raised shares of Apple to an "outperform" rating and set a $306.00 price objective for the company in a report on Friday, January 30th. Finally, Barclays reaffirmed an "underweight" rating and issued a $253.00 price objective (up from $248.00) on shares of Apple in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $310.31.

Insider Buying and Selling at Apple

In related news, CEO Timothy D. Cook sold 64,949 shares of the business's stock in a transaction dated 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 transaction, the chief executive officer directly owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the business's stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the transaction, the insider owned 38,713 shares in the company, valued at $11,226,770. The trade was a 3.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 97,759 shares of company stock valued at $24,964,305. 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: Bank of America raised its price target on Apple to $380, saying AI features and a redesigned Siri could drive substantial incremental revenue over the next few years. Article Title
• Positive Sentiment: Melius Research also boosted its outlook ahead of WWDC 2026, saying Apple could finally show “real AI sizzle,” which has helped fuel expectations for a stronger product cycle. Article Title
• Positive Sentiment: Multiple pieces highlight Apple’s recent stock strength, including new record highs and growing optimism that the company’s Services business and ecosystem remain resilient even as iPhone growth slows. Article Title
• Neutral Sentiment: News that Android smartphone makers may be hit harder than Apple by AI memory shortages could be relatively supportive for AAPL by comparison, but it is more of an industry backdrop than a direct catalyst. Article Title
• Neutral Sentiment: Several articles point to Apple trading near all-time highs and approaching a $5 trillion valuation, reinforcing bullish momentum, though these are mostly commentary rather than fresh company-specific developments. Article Title
• Negative Sentiment: Some investors remain cautious because iPhone shipment momentum is softening and Apple’s next major growth driver still needs to be proven at WWDC, which leaves room for disappointment if AI announcements underwhelm. Article Title
• Negative Sentiment: One Reuters item notes Apple and Google are pushing back against Canada’s online safety bill over encryption concerns, a regulatory issue that could create future headline risk. Article Title

Apple Stock Performance

AAPL opened at $310.85 on Thursday. The firm has a market capitalization of $4.57 trillion, a PE ratio of 37.59, a PEG ratio of 2.68 and a beta of 1.06. Apple Inc. has a twelve month low of $195.07 and a twelve month high of $313.26. The firm's 50-day moving average price is $273.03 and its 200 day moving average price is $269.45. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.06. The firm had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. Apple's quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.65 earnings per share. As a group, sell-side analysts expect that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were given a dividend of $0.27 per share. The ex-dividend date was Monday, May 11th. This is a boost from Apple's previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple's dividend payout ratio (DPR) is presently 13.06%.

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.

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.