Flagship Capital Management Inc. purchased a new position in Apple Inc. (NASDAQ:AAPL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 52,402 shares of the iPhone maker's stock, valued at approximately $14,246,000. Apple makes up about 10.1% of Flagship Capital Management Inc.'s portfolio, making the stock its 2nd largest holding.
Several other institutional investors have also modified their holdings of the business. Sellwood Investment Partners LLC grew its stake in shares of Apple by 110.9% during 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 shares of Apple by 1,800.0% during 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 acquired a new position in shares of Apple during the fourth quarter worth $65,000. eCIO Inc. acquired a new position in shares of Apple during the fourth quarter worth $112,000. Finally, HFM Investment Advisors LLC acquired a new position in shares of Apple during the first quarter worth $99,000. Institutional investors and hedge funds own 67.73% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages recently commented on AAPL. Monness Crespi & Hardt boosted their target price on shares of Apple from $300.00 to $315.00 and gave the stock a "buy" rating in a research note on Friday, January 30th. JPMorgan Chase & Co. boosted their target price on shares of Apple from $315.00 to $325.00 and gave the stock an "overweight" rating in a research note on Friday, January 30th. Scotiabank set a $330.00 target price on shares of Apple in a research note on Monday, February 2nd. Moffett Nathanson boosted their target price on shares of Apple from $241.00 to $270.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 25th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Apple in a research note on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Apple presently has an average rating of "Moderate Buy" and an average target price of $301.83.
View Our Latest Report on AAPL
Insider Activity
In other news, SVP Deirdre O'brien sold 30,002 shares of the company'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 completion of the sale, the senior vice president directly owned 136,810 shares of the company's stock, valued at approximately $34,934,433.50. This represents a 17.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevan Parekh sold 1,534 shares of the company's stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the sale, the chief financial officer directly owned 13,366 shares of the company's stock, valued at $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 96,485 shares of company stock valued at $24,594,845. Insiders own 0.06% of the company's stock.
More Apple News
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Wall Street is nudging expectations up: UBS and other firms have raised targets and flagged the potential for a slight beat and stronger guidance into Q2, supporting near-term upside. UBS Lifts Apple Stock
- Positive Sentiment: Positive bullish notes and models (e.g., 24/7 Wall St.) argue AAPL is undervalued into the earnings print, implying material upside for patient investors if Apple reiterates growth and margin trajectory. Apple Stock Poised for 21% Surge
- Positive Sentiment: Product and services catalyst set: Apple launched a cheaper App Store subscription structure (monthly with 12‑month commitment) and is rolling out AI photo-editing tools and new MacBook Pro silicon praise — both help services revenue and device differentiation. Apple introduces a cheaper option for App Store subscriptions MacBook Pro M5 review Apple to Launch AI Photo Editing Tool
- Positive Sentiment: Supply-chain and margin edge: reports note Apple is benefiting from memory pricing and silicon allocations, which can widen iPhone margins versus rivals and support services penetration. Apple turns a memory crisis into an opportunity
- Positive Sentiment: iPhone momentum: market-share reports show Apple reached the top global smartphone spot in the March quarter — a tangible signal that device sales could drive revenue upside into the print. Apple is defying a global smartphone slump
- Neutral Sentiment: Leadership transition is now on investors’ radars: John Ternus is set to become CEO in September — a product/engineering–focused pick that reduces surprise risk long term but creates short-term execution scrutiny. John Ternus, Apple’s new CEO
- Neutral Sentiment: Earnings cadence and elevated expectations: the Magnificent Seven earnings week concentrates sentiment — Apple faces a higher bar on revenue, services growth and AI messaging; that raises volatility but not an immediate directional verdict. Big Tech faces key earnings test on AI spending and cloud growth
- Neutral Sentiment: Insider activity: CFO Kevan Parekh disclosed a sale of shares (filed), which is a routine liquidity event but worth noting for timing-sensitive traders. SEC Form 4
- Negative Sentiment: Competitive threat from Qualcomm/OpenAI tie-up: reports that OpenAI is working with Qualcomm/MediaTek on AI-native phone chips triggered rotation into chipmakers and raised investor concern that Apple could lose on-device AI leadership if it doesn’t accelerate. Did Qualcomm Just Put Apple in Check? Could This New AI Smartphone Compete With Apple?
- Negative Sentiment: Perception Apple is behind on AI: multiple pieces warn that Apple needs a clear AI breakthrough; if the company fails to show credible on‑device AI progress or monetization at earnings, sentiment could flip quickly. Apple Is Falling Behind in AI
Apple Price Performance
Shares of NASDAQ:AAPL opened at $270.71 on Wednesday. The company has a 50-day simple moving average of $260.40 and a 200-day simple moving average of $264.94. Apple Inc. has a one year low of $193.25 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 market capitalization of $3.97 trillion, a price-to-earnings ratio of 34.22, a PEG ratio of 2.44 and a beta of 1.11.
Apple (NASDAQ:AAPL - Get Free Report) last announced its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating analysts' consensus estimates of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The business had revenue of $143.76 billion during the quarter, compared to analysts' expectations of $138.25 billion. During the same period in the prior year, the company earned $2.40 earnings per share. The business's revenue was up 15.7% compared to the same quarter last year. On average, analysts predict that Apple Inc. will post 8.52 EPS for the current year.
Apple Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple's dividend payout ratio is presently 13.15%.
Apple Profile
(
Free Report)
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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