Apple Inc. $AAPL Stock Position Decreased by Red Door Wealth Management LLC

Key Points

• Red Door Wealth Management trimmed its Apple stake by 4.7% in Q4 to 161,137 shares (about $43.8 million), making AAPL roughly 4.6% of the firm's holdings and its third-largest position.
• Norges Bank and Nuveen initiated very large positions (≈$38.9 billion and ≈$17.5 billion respectively) while Northern Trust and UBS AM added shares, leaving institutional investors with about 67.73% ownership of Apple.
• Company insiders sold stock under pre‑arranged Rule 10b5‑1 plans on April 2 — SVP Deirdre O’Brien sold 30,002 shares and CEO Tim Cook sold 64,949 shares — leaving insiders with roughly 0.06% ownership.

Red Door Wealth Management LLC lowered its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 4.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 161,137 shares of the iPhone maker's stock after selling 7,917 shares during the period. Apple accounts for about 4.6% of Red Door Wealth Management LLC's holdings, making the stock its 3rd largest holding. Red Door Wealth Management LLC's holdings in Apple were worth $43,807,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in AAPL. Norges Bank bought a new position in Apple in the 2nd quarter valued at approximately $38,942,255,000. Nuveen LLC bought a new position in Apple in the 1st quarter valued at approximately $17,472,482,000. Laurel Wealth Advisors LLC lifted its position in Apple by 20,464.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock valued at $5,553,753,000 after acquiring an additional 26,937,401 shares in the last quarter. Northern Trust Corp lifted its position in Apple by 13.3% in the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock valued at $42,918,365,000 after acquiring an additional 20,079,472 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Apple by 14.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,706,358 shares of the iPhone maker's stock valued at $26,220,566,000 after acquiring an additional 13,137,968 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock.

Insiders Place Their Bets

In related news, SVP Deirdre O'brien sold 30,002 shares of the firm's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the transaction, the senior vice president directly owned 136,810 shares of the company's stock, valued at approximately $34,934,433.50. This trade represents a 17.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the firm's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the transaction, the chief executive officer directly owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This 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 currently owned by company insiders.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Counterpoint/Reuters data show iPhone shipments in China jumped ~20% in Q1 — far outpacing the market and supporting Apple’s revenue and share‑gain narrative in its largest smartphone market. Apple's iPhone shipments in China surge 20% in Q1, data shows
• Positive Sentiment: BNP Paribas upgraded AAPL to Outperform and raised its price target (citing supply‑chain strength and a premium mix benefit as memory prices rise), which helped lift sentiment and buy‑side interest. Apple Upgraded To Outperform As BNP Sees Share Gains From Memory Surge
• Positive Sentiment: Bank of America raised its price target and highlighted Apple’s M5/edge‑AI roadmap as a meaningful product/AI catalyst — reinforcing the case for multiple expansion if product momentum continues. Bank of America Increases Apple Price Target to $325
• Neutral Sentiment: Heavy call‑option activity and structured trades around Apple’s April 30 earnings show traders positioning for a big move; options can amplify returns but also add short‑term volatility risk. Apple Stock Trade Risk Around Earnings Offers A 27% Reward
• Neutral Sentiment: Corporate moves — a leadership transition in Wearables/Home and Project Glasswing (an AI security alliance) — underline long‑term product and services initiatives but are unlikely to move near‑term earnings materially. Apple’s Wearables Shakeup And AI Security Push Shape Long Term Story
• Negative Sentiment: Rising memory and component costs remain a two‑edged sword — while some analysts argue it improves Apple’s competitive positioning, higher input prices can compress margins if the premium mix or pricing power softens. Apple Upgrade Hinges on Cost Advantage Shift
• Negative Sentiment: TSMC’s strong AI‑driven results and supply comments briefly pressured AAPL aftermarket moves (market reads TSMC commentary as mixed signal for margins/supply dynamics). Also expect volatility into the April 30 earnings print. TSMC’s Results Weren’t a Great Sign for Apple

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AAPL. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Apple in a research report on Monday, March 2nd. Scotiabank set a $330.00 price objective on Apple in a research report on Monday, February 2nd. UBS Group reaffirmed a "neutral" rating on shares of Apple in a research report on Wednesday, March 4th. Moffett Nathanson increased their price target on Apple from $241.00 to $270.00 and gave the company a "neutral" rating in a report on Wednesday, February 25th. Finally, Rosenblatt Securities increased their price target on Apple from $267.00 to $268.00 and gave the company a "neutral" rating in a report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $301.33.

Apple Price Performance

NASDAQ AAPL opened at $270.23 on Friday. The business's fifty day moving average price is $259.72 and its 200-day moving average price is $264.11. The stock has a market capitalization of $3.97 trillion, a price-to-earnings ratio of 34.16, a PEG ratio of 2.42 and a beta of 1.11. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. Apple Inc. has a 1-year low of $189.81 and a 1-year high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.17. The firm had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The company's revenue was up 15.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.40 EPS. On average, equities analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple's dividend payout ratio (DPR) is currently 13.15%.

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.

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