Apple Inc. $AAPL Stock Position Trimmed by Florida Trust Wealth Management Co

Key Points

• Florida Trust Wealth Management trimmed its Apple stake by 2.3% in Q4, selling 15,548 shares and leaving it with 647,872 shares worth $176.13 million, which represents 4.9% of the firm's portfolio and is its second-largest holding.
• Apple reported a quarterly beat with $2.84 EPS (vs. $2.67 expected) and revenue of $143.76 billion (up 15.7% year-over-year), and analysts hold a consensus rating of “Moderate Buy” with a $301.33 target price.
• Insiders sold shares recently—CEO Tim Cook sold 64,949 shares (~$16.5M) and SVP Deirdre O’Brien sold 30,002 shares—transactions executed under pre-arranged Rule 10b5-1 plans; institutional investors own about 67.7% of the stock while insiders hold roughly 0.06%.

Florida Trust Wealth Management Co lessened its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 647,872 shares of the iPhone maker's stock after selling 15,548 shares during the quarter. Apple accounts for 4.9% of Florida Trust Wealth Management Co's portfolio, making the stock its 2nd largest position. Florida Trust Wealth Management Co's holdings in Apple were worth $176,130,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Isthmus Partners LLC boosted its stake in shares of Apple by 6.4% during the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock valued at $25,000 after purchasing an additional 5,808 shares during the period. Sellwood Investment Partners LLC lifted its position in shares of Apple by 110.9% in the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after purchasing an additional 71 shares during the period. ROSS JOHNSON & Associates LLC boosted its position in Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after acquiring an additional 180 shares in the last quarter. LSV Asset Management purchased a new position in Apple in the fourth quarter valued at about $65,000. Finally, 49 Wealth Management LLC grew its position in shares of Apple by 15.7% in the 3rd quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker's stock worth $76,000 after buying an additional 40,543 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Needham & Company LLC restated a "hold" rating on shares of Apple in a research note on Friday, January 30th. Oppenheimer reiterated a "market perform" rating on shares of Apple in a research note on Friday, January 30th. Rosenblatt Securities raised their target price on Apple from $267.00 to $268.00 and gave the stock a "neutral" rating in a report on Thursday, March 5th. Scotiabank set a $330.00 price objective on shares of Apple in a report on Monday, February 2nd. Finally, Phillip Securities upgraded Apple from a "moderate sell" rating to a "hold" rating in a research report on Sunday, February 1st. One investment 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 company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $301.33.

Apple Price Performance

NASDAQ:AAPL opened at $273.05 on Tuesday. Apple Inc. has a one year low of $189.81 and a one year high of $288.62. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. The stock has a 50 day moving average price of $259.68 and a 200 day moving average price of $264.28. The stock has a market cap of $4.01 trillion, a PE ratio of 34.52, a P/E/G ratio of 2.48 and a beta of 1.11.

Apple (NASDAQ:AAPL - Get Free Report) last announced 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. Apple had a net margin of 27.04% and a return on equity of 159.94%. The firm had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. During the same quarter in the previous year, the company posted $2.40 EPS. The company's revenue was up 15.7% compared to the same quarter last year. Equities research analysts expect that Apple Inc. will post 8.49 EPS for the current fiscal year.

Apple Dividend Announcement

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 dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a $1.04 annualized dividend and a yield of 0.4%. Apple's dividend payout ratio (DPR) is 13.15%.

Insider Activity

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 value of $16,511,984.27. Following the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O'brien sold 30,002 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction 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. This trade represents a 17.99% 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 insiders.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Board-approved internal succession to John Ternus signals continuity and a hardware-first CEO who knows Apple’s product roadmap — could accelerate device and M-series hardware initiatives that drive revenue. Who is John Ternus, Apple's new CEO?
• Positive Sentiment: Immediate internal promotion of Johny Srouji to Chief Hardware Officer preserves engineering depth and reduces execution risk on chips and hardware — helpful given Apple’s silicon roadmap. Johny Srouji named Apple's Chief Hardware Officer
• Positive Sentiment: Analyst and media support remains: Goldman maintains a bullish $330 target ahead of earnings; Jim Cramer and some strategists highlight Apple’s AI and hardware advantages — these views can help underpin sentiment into earnings. Goldman Sachs Holds $330 Target
• Neutral Sentiment: The transition is staged for Sept. 1 with Tim Cook remaining CEO through the summer to work with Ternus — the runway reduces immediate operational disruption but extends the period of leadership uncertainty. Apple press release on CEO transition
• Neutral Sentiment: Near-term calendar: earnings after the close on April 30 remain the closest fundamental catalyst; leadership news may amplify volatility into the report. Apple's Q2 2026 Earnings: What to Expect
• Negative Sentiment: Market reaction was mixed — reports show shares dipped in after-hours trading as some investors questioned whether a hardware-focused CEO can sustain Cook’s growth and margin track record. That uncertainty can pressure the stock near-term. VIEW Apple CEO Cook is lauded by investors
• Negative Sentiment: Regulatory/legal risk: Apple has withheld data in an India antitrust probe and faces possible large penalties there — a high‑impact regulatory overhang if the case escalates. Apple withholds data in India antitrust case
• Negative Sentiment: Options and positioning: unusual put activity ahead of earnings suggests some investors are hedging or betting on near-term downside around the combination of leadership news and the upcoming results. Apple Has Unusual Put Options Activity

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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