Arbor Investment Advisors LLC Sells 35,354 Shares of Apple Inc. $AAPL

Key Points

• Arbor Investment Advisors cut its Apple stake by 65.8%, selling 35,354 shares and leaving it with 18,358 shares valued at about $4.99 million (Apple is ~0.7% of the firm's portfolio and its 21st largest holding).
• Apple posted better‑than‑expected quarterly results (EPS $2.01 vs. $1.95; revenue $111.18B), raised its quarterly dividend to $0.27, authorized a $100 billion buyback, and has seen analysts lift price targets toward a consensus "Moderate Buy."

Arbor Investment Advisors LLC cut its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 65.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,358 shares of the iPhone maker's stock after selling 35,354 shares during the quarter. Apple comprises about 0.7% of Arbor Investment Advisors LLC's portfolio, making the stock its 21st biggest holding. Arbor Investment Advisors LLC's holdings in Apple were worth $4,991,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AAPL. Overbrook Management Corp raised its position in Apple by 57.4% in the 4th quarter. Overbrook Management Corp now owns 104,648 shares of the iPhone maker's stock valued at $28,449,000 after buying an additional 38,174 shares during the last quarter. Highland Capital Management LLC raised its position in Apple by 2.2% in the 3rd quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker's stock valued at $101,301,000 after buying an additional 8,446 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in Apple by 48.4% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker's stock valued at $363,256,000 after buying an additional 465,393 shares during the last quarter. Tufton Capital Management raised its position in Apple by 4.3% in the 3rd quarter. Tufton Capital Management now owns 100,130 shares of the iPhone maker's stock valued at $25,496,000 after buying an additional 4,157 shares during the last quarter. Finally, Montis Financial LLC raised its position in Apple by 15.8% in the 3rd quarter. Montis Financial LLC now owns 77,919 shares of the iPhone maker's stock valued at $19,841,000 after buying an additional 10,640 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors.

Apple Trading Down 1.2%

Shares of AAPL opened at $276.73 on Tuesday. The business has a 50-day moving average of $260.73 and a 200 day moving average of $265.27. Apple Inc. has a fifty-two week low of $193.25 and a fifty-two week high of $288.62. The firm has a market cap of $4.06 trillion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 2.51 and a beta of 1.06. 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 announced its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. During the same quarter last year, the firm posted $1.65 EPS. The firm's revenue for the quarter was up 16.6% on a year-over-year basis. As a group, research analysts forecast that Apple Inc. will post 8.64 EPS for the current year.

Apple Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Monday, May 11th will be issued a $0.27 dividend. This is an increase from Apple's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Monday, May 11th. This represents a $1.08 annualized dividend and a yield of 0.4%. Apple's payout ratio is 12.58%.

Analysts Set New Price Targets

AAPL has been the subject of a number of analyst reports. Bank of America increased their price target on Apple from $320.00 to $325.00 and gave the company a "buy" rating in a research report on Tuesday, April 14th. Needham & Company LLC reissued a "hold" rating on shares of Apple in a research report on Friday. Morgan Stanley reaffirmed an "overweight" rating and set a $330.00 target price (up from $315.00) on shares of Apple in a research report on Friday. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Apple in a research report on Monday, March 2nd. Finally, Jefferies Financial Group set a $330.00 target price on Apple in a research report on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Apple has a consensus rating of "Moderate Buy" and an average target price of $304.31.

Insider Buying and Selling

In other Apple news, CFO Kevan Parekh sold 1,534 shares of Apple 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 transaction, the chief financial officer owned 13,366 shares of the company's stock, valued at $3,675,650. The trade was a 10.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Deirdre O'brien sold 30,002 shares of Apple stock in a transaction dated Thursday, April 2nd. The shares were 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 $34,934,433.50. The trade was a 17.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 96,485 shares of company stock valued at $24,594,845. 0.06% of the stock is owned by insiders.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Better-than-expected results and a strong near-term revenue forecast boosted investor confidence; management cited benefit from new March products. Apple Delivers Strong Forecast
• Positive Sentiment: Apple authorized a fresh $100 billion buyback and has massive free cash flow, supporting shareholder returns and reducing downside risk. Apple Just Gave Investors a $100 Billion Reason to Rethink the AI Spending Race
• Positive Sentiment: Analysts and strategists are upping targets and highlighting App Store/services growth, providing near-term bullish research momentum. Price Target Hike / App Store Growth
• Positive Sentiment: Product roadmap/AI push — iOS 27 and related AI features are being highlighted as potential catalysts for higher engagement and monetization. More AI Is Coming to iOS 27
• Positive Sentiment: New wallet/payments features (turning QR codes into Wallet passes) could broaden payment use-cases and stickiness for Apple’s ecosystem. Apple Aims to Turn Every QR Code Into a Wallet Pass
• Neutral Sentiment: Services remain a growth anchor even as App Store download dynamics shift — analysts expect steady services growth that helps the margin profile. Services Strength Offsets Slower App Downloads
• Neutral Sentiment: Brand and PR items (e.g., new Pride band) support image but have limited direct financial impact. Apple's New Rainbow Pride Band
• Negative Sentiment: Chip and memory supply issues are constraining iPhone availability, capping near-term upside and creating margin pressure as component costs rise. Apple Can't Meet Demand For iPhones Due To Chip Shortages
• Negative Sentiment: App Store policy enforcement is drawing complaints from startups — regulatory and developer friction could attract scrutiny or hurt ecosystem sentiment. Apple's Stance on Vibe Coding Apps Leaves Startups Frustrated
• Negative Sentiment: Analyst caution (Hold calls) citing rising memory costs and notable insider selling add near-term selling pressure and justify valuation skepticism. Hold Rating: Margin Risks from Rising Memory Costs

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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