Donor Advised Charitable Giving Inc. Has $442,000 Holdings in Apple Inc. $AAPL

Key Points

• Donor Advised Charitable Giving Inc. cut its Apple stake by 79.1% in Q4 to 1,626 shares worth $442,000, making AAPL its 27th-largest holding.
• Apple beat Q2 estimates with $111.18B in revenue and $2.01 EPS, guided fiscal Q3 higher, added $100B to buybacks and raised the quarterly dividend to $0.27, while analysts maintain a consensus "Moderate Buy" with an average target of $301.83.
• Notable insider selling: CEO Tim Cook sold 64,949 shares (~$16.5M) and the CFO sold 1,534 shares, with insiders selling 96,485 shares (~$24.6M) over the past 90 days.

Donor Advised Charitable Giving Inc. trimmed its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 79.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,626 shares of the iPhone maker's stock after selling 6,137 shares during the period. Apple makes up 0.0% of Donor Advised Charitable Giving Inc.'s investment portfolio, making the stock its 27th largest holding. Donor Advised Charitable Giving Inc.'s holdings in Apple were worth $442,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of AAPL. Overbrook Management Corp raised its stake in Apple by 57.4% in the fourth 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 period. Highland Capital Management LLC boosted its stake in shares of Apple by 2.2% during the 3rd quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker's stock worth $101,301,000 after acquiring an additional 8,446 shares during the period. Citizens Financial Group Inc. RI increased its holdings in shares of Apple by 48.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker's stock worth $363,256,000 after acquiring an additional 465,393 shares during the last quarter. Tufton Capital Management increased its holdings in shares of Apple by 4.3% during the 3rd quarter. Tufton Capital Management now owns 100,130 shares of the iPhone maker's stock worth $25,496,000 after acquiring an additional 4,157 shares during the last quarter. Finally, World Investment Advisors raised its stake in Apple by 3.9% in the 3rd quarter. World Investment Advisors now owns 734,485 shares of the iPhone maker's stock valued at $187,022,000 after acquiring an additional 27,445 shares during the period. Institutional investors and hedge funds own 67.73% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on AAPL shares. KeyCorp reiterated a "sector weight" rating on shares of Apple in a report on Thursday, March 12th. BNP Paribas Exane upgraded shares of Apple from a "neutral" rating to an "outperform" rating and set a $300.00 target price for the company in a research note on Friday, April 17th. KGI Securities upgraded shares of Apple to an "outperform" rating and set a $306.00 price target on the stock in a research note on Friday, January 30th. Bank of America increased their price target on shares of Apple from $320.00 to $325.00 and gave the company a "buy" rating in a report on Tuesday, April 14th. Finally, Citigroup restated a "buy" rating on shares of Apple in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $301.83.

Apple Price Performance

NASDAQ:AAPL opened at $271.35 on Friday. Apple Inc. has a 52 week low of $193.25 and a 52 week 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 firm's 50-day simple moving average is $260.73 and its 200 day simple moving average is $265.02. The firm has a market cap of $3.98 trillion, a price-to-earnings ratio of 34.30, a P/E/G ratio of 2.46 and a beta of 1.11.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.09. Apple had a net margin of 27.04% and a return on equity of 159.94%. The firm had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. During the same quarter in the previous year, the firm posted $1.65 EPS. The business's revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, sell-side analysts predict that Apple Inc. will post 8.52 earnings per share for the current year.

Apple Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Monday, May 11th will be given a dividend of $0.27 per share. This is an increase from Apple's previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, May 11th. Apple's dividend payout ratio (DPR) is currently 13.15%.

Insider Buying and Selling

In other Apple news, CFO Kevan Parekh sold 1,534 shares of the firm's stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the transaction, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. This trade represents a 10.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 3,280,418 shares of the company's stock, valued at $833,980,668.14. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 96,485 shares of company stock valued at $24,594,845 over the last 90 days. 0.06% of the stock is owned by corporate insiders.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Q2 beat on top and bottom lines — Apple reported $111.2B revenue and $2.01 adjusted EPS, topping Street estimates and signaling continued demand momentum. Apple's Stock Climbs on a Rosy Outlook
• Positive Sentiment: Management says iPhone 17 demand is “extraordinary”; iPhone revenue rose strongly and the active installed base hit records — supports durable hardware growth. Apple Sales Top $111 Billion in Second Quarter
• Positive Sentiment: Strong forward guide — Apple guided fiscal Q3 revenue up 14–17% YoY (above consensus), and raised profit guidance; that drove the most immediate upside reaction. Apple Stock Jumps on Revenue Outlook
• Positive Sentiment: Capital return ramp — Apple added $100B to its buyback program and signaled shareholder-friendly distributions, which supports EPS and investor sentiment. Apple adds $100 billion to its share buyback program
• Neutral Sentiment: Services and Mac strength — Services hit an all-time quarterly high (~$30B) and Macs saw AI-driven demand, diversifying revenue beyond iPhone. Apple was surprised by AI-driven demand for Macs
• Neutral Sentiment: Leadership transition spotlight — Tim Cook introduced incoming CEO John Ternus on the earnings call; investors see a smooth handoff but will watch execution under new leadership. Incoming Apple CEO John Ternus Makes Wall Street Cameo
• Negative Sentiment: Memory and supply headwinds — Management warned memory costs will increasingly impact the business and said supply constraints limited some iPhone shipments; that could pressure margins and near-term unit growth. Cook: Memory Costs Will Be Increasing Impact On Our Business
• Negative Sentiment: Regulatory/legal risk — Apple is in a tense dispute with India’s antitrust body over document requests; prolonged fights or fines could be a headline risk in key markets. Apple says India antitrust body overstepping judicial authority
• Negative Sentiment: Product execution concerns — reports that Vision Pro priority has been dialed back and mixed commentary on longer-term AI positioning leave some investors wanting clearer strategy/roadmap. Apple Has Given Up on the Vision Pro After M5 Refresh Flop

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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