Arrowpoint Investment Partners Singapore Pte. Ltd. Invests $19.57 Million in Apple Inc. $AAPL

Key Points

• Arrowpoint Investment Partners Singapore opened a new position in Apple during the fourth quarter, buying 72,000 shares worth about $19.57 million. Apple now makes up 2.9% of the firm’s holdings and is its 10th-largest position.
• Apple continues to attract broad institutional ownership, with hedge funds and other investors holding 67.73% of the stock. Several funds recently increased their stakes, while others initiated new positions.
• The article also notes mixed recent signals around Apple: CEO Tim Cook and another insider sold shares, but analysts remain broadly positive, with a consensus rating of Moderate Buy and an average price target of $314.59.

Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in Apple Inc. (NASDAQ:AAPL - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 72,000 shares of the iPhone maker's stock, valued at approximately $19,574,000. Apple accounts for 2.9% of Arrowpoint Investment Partners Singapore Pte. Ltd.'s holdings, making the stock its 10th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Isthmus Partners LLC grew its stake in Apple by 6.4% in the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock worth $25,000 after purchasing an additional 5,808 shares in the last quarter. Sellwood Investment Partners LLC grew its stake in Apple by 110.9% in the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after purchasing an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC grew its stake in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after purchasing an additional 180 shares in the last quarter. LSV Asset Management bought a new position in Apple in the fourth quarter worth approximately $65,000. Finally, 49 Wealth Management LLC grew its stake in Apple by 15.7% in the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker's stock worth $76,000 after purchasing an additional 40,543 shares in the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Timothy D. Cook sold 64,949 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the sale, the chief executive officer owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the stock in a transaction on 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 owned 38,713 shares of the company's stock, valued at approximately $11,226,770. This represents a 3.19% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 97,759 shares of company stock worth $24,964,305. 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: Morgan Stanley and TD Cowen raised their price targets on Apple after WWDC, signaling confidence that the AI rollout could support longer-term upside. Morgan Stanley revamps Apple stock target after key event
• Positive Sentiment: Analysts say Apple’s new AI features may help spark a bigger iPhone upgrade cycle and strengthen Services revenue over time. Apple’s AI could usher in a historic upgrade cycle that investors are overlooking
• Neutral Sentiment: Apple introduced a more capable Siri and platform-wide AI upgrades at WWDC, which could matter for future device demand, but investors are still waiting for proof of monetization. WWDC 2026: Everything announced on Siri AI, iOS 27, Apple Intelligence and more
• Negative Sentiment: The stock fell after WWDC because the AI reveal did not deliver the immediate breakthrough many investors expected, and the rollout looks gradual rather than explosive. Why Apple (AAPL) Shares Are Sliding Today
• Negative Sentiment: Some analysts warned that older iPhones may not be able to run the new AI features well, limiting the addressable installed base and near-term upside. Apple's AI Siri will be held back by aging devices, Morgan Stanley says

Apple Stock Up 0.4%

Shares of NASDAQ AAPL opened at $291.58 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $4.28 trillion, a PE ratio of 35.26, a price-to-earnings-growth ratio of 2.53 and a beta of 1.09. The stock's fifty day simple moving average is $284.09 and its two-hundred day simple moving average is $271.97. Apple Inc. has a 12-month low of $195.07 and a 12-month high of $317.40.

Apple (NASDAQ:AAPL - Get Free Report) last announced its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.06. The business had revenue of $111.18 billion for the quarter, compared to analysts' expectations of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business's revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.65 EPS. As a group, analysts expect 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. Stockholders of record on Monday, May 11th were issued a dividend of $0.27 per share. 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 dividend payout ratio (DPR) is currently 13.06%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Evercore reissued an "outperform" rating on shares of Apple in a research note on Monday. Morgan Stanley set a $325.00 price objective on Apple in a research note on Tuesday. Wedbush reissued an "outperform" rating and issued a $400.00 price objective on shares of Apple in a research note on Friday, June 5th. Rosenblatt Securities reissued a "neutral" rating and issued a $276.00 price objective on shares of Apple in a research note on Tuesday. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Apple in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Apple currently has a consensus rating of "Moderate Buy" and an average price target of $314.59.

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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