Apple Inc. $AAPL Shares Sold by Sachetta LLC

Key Points

• Sachetta LLC reduced its Apple stake by 59.4% in the fourth quarter, selling 17,131 shares and leaving it with 11,686 shares valued at about $3.18 million.
• Several other institutional investors also adjusted their positions in Apple, and 67.73% of the stock is now held by hedge funds and other institutions, underscoring continued heavy institutional ownership.
• Apple reported strong quarterly results, beating EPS and revenue estimates, while also raising its dividend to $0.27 per share from $0.26; analysts remain broadly positive with a consensus “Moderate Buy” rating and an average price target of $310.31.

Sachetta LLC cut its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 59.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,686 shares of the iPhone maker's stock after selling 17,131 shares during the period. Apple accounts for about 1.7% of Sachetta LLC's holdings, making the stock its 13th biggest position. Sachetta LLC's holdings in Apple were worth $3,177,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AAPL. First National Bank of Hutchinson grew its position in shares of Apple by 24.6% during the fourth quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker's stock worth $8,845,000 after acquiring an additional 6,982 shares during the last quarter. Eagle Capital Management LLC grew its position in Apple by 0.5% in the 4th quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker's stock valued at $13,544,000 after buying an additional 272 shares during the last quarter. Brighton Jones LLC grew its position in Apple by 14.8% in the 4th quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker's stock valued at $134,554,000 after buying an additional 69,207 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Apple by 4.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker's stock valued at $16,742,000 after buying an additional 2,695 shares during the last quarter. Finally, Highview Capital Management LLC DE grew its position in Apple by 2.4% in the 4th quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker's stock valued at $12,587,000 after buying an additional 1,155 shares during the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Apple

In related news, insider Ben Borders sold 1,274 shares of the business's stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $290.00, for a total value of $369,460.00. Following the sale, the insider directly owned 38,713 shares in the company, valued at $11,226,770. The trade was a 3.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kevan Parekh sold 1,534 shares of the business's stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the sale, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. This represents a 10.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 97,759 shares of company stock valued at $24,964,305 over the last 90 days. 0.06% of the stock is currently owned by corporate insiders.

Apple Price Performance

Shares of NASDAQ AAPL opened at $306.31 on Tuesday. The firm has a market capitalization of $4.50 trillion, a P/E ratio of 37.04, a PEG ratio of 2.72 and a beta of 1.09. Apple Inc. has a one year low of $195.07 and a one year high of $315.00. The company's fifty day moving average is $276.58 and its two-hundred day moving average is $270.28. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.95 by $0.06. The company 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%. The business's revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.65 EPS. Analysts forecast that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were given a $0.27 dividend. The ex-dividend date was Monday, May 11th. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. This is a boost from Apple's previous quarterly dividend of $0.26. Apple's payout ratio is presently 13.06%.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly preparing an iPhone Wallet feature that could split bills from a receipt, assign items to different people, and generate payment requests through Apple Cash. That would strengthen Apple’s payments ecosystem and could help Wallet compete more directly with Venmo and Cash App. Apple Set to Accelerate Wallet War With Automated Bill Splitting
• Positive Sentiment: Analysts have been raising price targets ahead of WWDC, betting that Apple’s Siri and broader AI upgrades could be a catalyst for the shares if the company shows meaningful progress at its developer event. Apple (AAPL) Stock Gains Momentum as Analysts Boost Targets Before WWDC Siri Unveiling
• Positive Sentiment: Several articles framed Apple as an attractive AI-related stock, reflecting ongoing investor interest in Apple’s product cycle, services growth, and potential AI-driven refreshes. Apple Inc. (AAPL): One of the Promising Stocks to Buy According to AI
• Neutral Sentiment: Apple teased WWDC 2026 with a new “All Systems Glow” tagline and wallpapers, which points to an upcoming software announcement but does not by itself change fundamentals. All Systems Glow: Apple Teases WWDC 2026 With New Tagline, Playlist, Wallpapers
• Neutral Sentiment: Apple is reportedly targeting a late-2027 launch for smart glasses, signaling a longer AI development timeline; that may support the long-term story, but it also suggests Apple’s next major wearable is still far away. Apple reportedly targeting 2027 launch for smart glasses amid AI refinement efforts
• Negative Sentiment: Apple fell on reports that the global smartphone market is nearing a record shipment decline, reinforcing worries about slower iPhone demand and a softer handset upgrade cycle. Apple Stock (AAPL) Falls as Global Smartphone Market Approaches Record Shipment Drop
• Negative Sentiment: Dell’s new XPS 13 laptop is drawing attention as a direct rival to Apple’s MacBook Neo, adding to competitive pressure in PCs and reminding investors that Apple faces rivals across multiple hardware categories. Dell Stock Extends Massive Rally on Morgan Stanley Upgrade, New Apple-Rivaling Laptop

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Monness Crespi & Hardt lifted their price objective on shares of Apple from $315.00 to $335.00 and gave the company a "buy" rating in a research report on Friday, May 1st. Tigress Financial reiterated a "strong-buy" rating and issued a $375.00 price objective (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. UBS Group set a $296.00 price objective on shares of Apple and gave the company a "neutral" rating in a research report on Friday, May 1st. Scotiabank set a $330.00 price objective on shares of Apple in a research report on Monday, February 2nd. Finally, BNP Paribas Exane upgraded shares of Apple from a "neutral" rating to an "outperform" rating and set a $300.00 price objective on the stock 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, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $310.31.

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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