Apple Inc. $AAPL Shares Sold by Temasek Holdings Private Ltd

Key Points

• Temasek Holdings reduced its Apple stake by 23% in the first quarter, selling 153,140 shares and retaining 513,063 shares valued at approximately $130.2 million. Institutional investors collectively own 67.73% of Apple.
• Apple reported quarterly EPS of $2.02 and revenue of $109.42 billion, exceeding estimates, with revenue up 16.4% year over year. The company also declared a quarterly dividend of $0.27 per share.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $330.44, although some firms cited slowing Services growth, higher memory costs and Apple’s premium valuation as reasons for caution.

Temasek Holdings Private Ltd decreased its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 23.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 513,063 shares of the iPhone maker's stock after selling 153,140 shares during the period. Temasek Holdings Private Ltd's holdings in Apple were worth $130,210,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ABN Amro Investment Solutions grew its stake in shares of Apple by 29.9% during the first quarter. ABN Amro Investment Solutions now owns 1,531,854 shares of the iPhone maker's stock valued at $388,769,000 after acquiring an additional 352,439 shares in the last quarter. Pacific Sun Financial Corp increased its position in shares of Apple by 0.6% during the first quarter. Pacific Sun Financial Corp now owns 41,604 shares of the iPhone maker's stock worth $10,559,000 after acquiring an additional 242 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new position in shares of Apple in the first quarter worth about $11,897,000. Burling Wealth Partners LLC boosted its holdings in Apple by 0.6% in the first quarter. Burling Wealth Partners LLC now owns 130,018 shares of the iPhone maker's stock valued at $32,997,000 after purchasing an additional 785 shares during the last quarter. Finally, Andra AP fonden boosted its holdings in Apple by 72.7% in the first quarter. Andra AP fonden now owns 2,179,667 shares of the iPhone maker's stock valued at $553,178,000 after purchasing an additional 917,479 shares during the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Price Performance

Shares of NASDAQ AAPL opened at $312.41 on Friday. Apple Inc. has a 1-year low of $216.58 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 business's fifty day moving average price is $309.43 and its two-hundred day moving average price is $283.02. The firm has a market capitalization of $4.56 trillion, a PE ratio of 35.83, a P/E/G ratio of 2.67 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.13. The company had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 earnings per share. On average, research analysts expect that Apple Inc. will post 8.74 EPS for the current year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, August 10th. Apple's payout ratio is presently 12.39%.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: App Store revenue rose 0.6% year over year to $3.4 billion during the first 35 days of Apple’s fiscal fourth quarter, despite a 4% decline in iPhone and iPad downloads. Revenue per download increased 4.7% to $1.02, suggesting stronger monetization and supporting the Services business. Apple App Store revenue ticks up despite falling downloads
• Positive Sentiment: Apple’s fiscal third-quarter revenue reached a June-quarter record of $109.4 billion, up 16% year over year, while earnings exceeded estimates. Reports also point to broad iPhone, Mac and Services demand, resilient iPhone sales and continued growth in India, providing a fundamental counterweight to recent market concerns. Apple’s Quarterly iPhone Sales Were Even Better Than They Seem
• Positive Sentiment: Some analysts and market commentators continue to recommend buying the pullback, arguing that Apple’s ecosystem, product pipeline and long-term earnings potential remain attractive despite near-term volatility. 3 Reasons to Buy Apple Stock on the Dip
• Neutral Sentiment: OpenAI asked a federal judge to dismiss Apple’s trade-secrets lawsuit, denying that it misappropriated confidential information through former Apple employees. The filing creates legal and reputational uncertainty, although the financial impact is not yet clear. OpenAI asks US judge to dismiss Apple’s trade secrets case
• Negative Sentiment: Analysts at Phillip Securities, DZ Bank and China Renaissance lowered their views on Apple to Moderate Sell or Hold. Concerns include slowing Services growth, elevated memory costs, supply constraints, policy risks and Apple’s premium valuation.
• Negative Sentiment: Services revenue grew about 12% to $30.7 billion, making it the slowest-growing of Apple’s three largest businesses. Tim Cook also warned that rising memory prices could pressure margins, while the CEO transition adds uncertainty after a record quarter. Tim Cook’s Last Quarter as CEO

Analyst Ratings Changes

AAPL has been the subject of several research analyst reports. Morgan Stanley reduced their target price on Apple from $364.00 to $360.00 and set an "overweight" rating for the company in a research note on Friday, July 31st. 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. KGI Securities downgraded shares of Apple from an "outperform" rating to a "hold" rating and set a $315.00 price objective on the stock. in a research note on Monday, June 22nd. Weiss Ratings raised shares of Apple from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday. Finally, UBS Group restated a "neutral" rating on shares of Apple in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $330.44.

Insider Transactions at Apple

In other Apple news, insider Ben Borders sold 116 shares of the company's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by insiders.

About Apple

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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