First Community Trust NA Sells 10,891 Shares of Apple Inc. $AAPL

Key Points

• First Community Trust NA cut its stake in Apple by 19.2%, selling 10,891 shares and leaving 45,844 shares (about 9.3% of its portfolio) valued at roughly $12.46 million.
• Insider sales: SVP Deirdre O'Brien sold 30,002 shares (~$7.66M) and CEO Tim Cook sold 64,949 shares (~$16.51M) on April 2 under pre-arranged Rule 10b5‑1 plans, slightly reducing their holdings.
• Analysts remain broadly positive with a consensus rating of Moderate Buy and an average target price of $301.37, while several firms raised targets to $325–$330.

First Community Trust NA decreased its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 19.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,844 shares of the iPhone maker's stock after selling 10,891 shares during the period. Apple comprises approximately 9.3% of First Community Trust NA's investment portfolio, making the stock its biggest holding. First Community Trust NA's holdings in Apple were worth $12,463,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Isthmus Partners LLC lifted its holdings in Apple by 6.4% during the 3rd 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 last quarter. Sellwood Investment Partners LLC increased its holdings in shares of Apple by 110.9% in the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after purchasing an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC raised its position in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after purchasing an additional 180 shares during the period. LSV Asset Management bought a new position in shares of Apple in the fourth quarter valued at about $65,000. Finally, 49 Wealth Management LLC lifted its stake in shares of Apple by 15.7% during 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 currently owned by institutional investors.

Insider Activity

In other Apple news, SVP Deirdre O'brien sold 30,002 shares of the firm's 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. This trade represents a 17.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the transaction, the chief executive officer owned 3,280,418 shares of the company's stock, valued at $833,980,668.14. The trade was 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. Corporate insiders own 0.06% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on AAPL shares. Bank of America lifted their target price on shares of Apple from $320.00 to $325.00 and gave the stock a "buy" rating in a report on Tuesday. Scotiabank set a $330.00 price target on shares of Apple in a report on Monday, February 2nd. Sanford C. Bernstein restated an "outperform" rating on shares of Apple in a report on Wednesday, March 4th. JPMorgan Chase & Co. upped their target price on Apple from $315.00 to $325.00 and gave the company an "overweight" rating in a research report on Friday, January 30th. Finally, Stifel Nicolaus set a $330.00 target price on Apple in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Apple currently has a consensus rating of "Moderate Buy" and an average target price of $301.37.

Apple Trading Down 0.2%

Shares of NASDAQ:AAPL opened at $258.75 on Wednesday. The company has a market capitalization of $3.80 trillion, a P/E ratio of 32.71, a P/E/G ratio of 2.46 and a beta of 1.11. Apple Inc. has a 1 year low of $189.81 and a 1 year high of $288.62. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The business's 50 day simple moving average is $260.32 and its 200 day simple moving average is $263.92.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data 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 during 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 quarterly revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.40 EPS. On average, research analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Monday, February 9th were paid 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 payout ratio is 13.15%.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Bank of America raised its price target to $325 and kept a "buy" rating, citing strong iPhone momentum, Services growth and favorable FX — a bullish catalyst ahead of Apple's earnings. Apple price target raised ahead of earnings
• Neutral Sentiment: Amazon's $11.6B acquisition of Globalstar redraws the satellite connectivity landscape Apple relies on for iPhone/Watch emergency features; Apple has secured continuity for service but faces strategic exposure to a competitor-controlled network. Amazon Buys Globalstar
• Neutral Sentiment: Reports say iPhone Fold production was pushed back but the launch remains on track for fall 2026 — a delay risk for supply/timing but still keeps the new product narrative intact. iPhone Fold Production Pushed Back
• Negative Sentiment: A fake Ledger Live app on the App Store was tied to roughly $9.5M in crypto thefts — raises fresh questions about App Store review controls and potential regulatory scrutiny. Fake Ledger Live app drained $9.5M
• Negative Sentiment: Apple will close three retail stores — including its first unionized location — prompting union-busting claims and potential PR/regulatory headlines. Apple closing 3 stores
• Negative Sentiment: Apple's head of AI is reportedly leaving the company, which adds pressure as investors watch Apple’s ability to execute on generative-AI features and products. Apple head of AI is leaving

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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