GoalVest Advisory LLC Has $3.93 Million Stake in Apple Inc. $AAPL

Key Points

• GoalVest Advisory reduced its Apple stake by 15.7% in the second quarter, selling 2,529 shares and retaining 13,577 shares valued at approximately $3.93 million. Apple represents 0.7% of the firm’s portfolio.
• Other institutional investors increased or initiated positions, and institutional investors collectively own 67.73% of Apple’s stock. Company insiders own just 0.06%, while recent insider sales were relatively small.
• Apple reported stronger-than-expected quarterly results, with revenue up 16.4% year over year and EPS of $2.02 versus estimates of $1.89. Analysts maintain a “Moderate Buy” consensus, with an average price target of $330.53.

GoalVest Advisory LLC trimmed its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 15.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,577 shares of the iPhone maker's stock after selling 2,529 shares during the period. Apple makes up 0.7% of GoalVest Advisory LLC's investment portfolio, making the stock its 20th largest holding. GoalVest Advisory LLC's holdings in Apple were worth $3,929,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Rainier Family Wealth Inc. increased its holdings in Apple by 14.1% in the 1st quarter. Rainier Family Wealth Inc. now owns 24,386 shares of the iPhone maker's stock worth $6,189,000 after acquiring an additional 3,014 shares during the last quarter. Eaton Cambridge Inc. boosted its position in Apple by 21.3% during the first quarter. Eaton Cambridge Inc. now owns 13,968 shares of the iPhone maker's stock worth $3,545,000 after purchasing an additional 2,450 shares during the period. Torren Management LLC purchased a new position in shares of Apple in the fourth quarter worth about $1,178,000. Summit Wealth Partners LLC lifted its stake in shares of Apple by 108.3% during the 1st quarter. Summit Wealth Partners LLC now owns 34,989 shares of the iPhone maker's stock valued at $8,880,000 after buying an additional 18,188 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp purchased a new stake in shares of Apple during the 4th quarter valued at approximately $105,482,000. Institutional investors and hedge funds own 67.73% of the company's stock.

Insider Activity at Apple

In other Apple news, SVP Jennifer Newstead sold 1,439 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $307.49, for a total value of $442,478.11. Following the completion of the sale, the senior vice president owned 38,668 shares in the company, valued at approximately $11,890,023.32. This trade represents a 3.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Ben Borders sold 116 shares of Apple stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the sale, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 2,994 shares of company stock valued at $919,567. Company insiders own 0.06% of the company's stock.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Incoming CEO John Ternus is expected to reassess Apple’s research-and-development budget and potentially increase spending on AI. Analysts see stronger investment in Siri and other AI products as a way to close the gap with technology rivals. Apple Could Get a New R&D and AI Budget
• Positive Sentiment: Potential product catalysts include an AI-enhanced Siri expected later this year, camera-equipped AI AirPods targeted for 2027 and a foldable iPhone that one analyst estimates could sell 14 million units by 2027. Successful launches could support a major upgrade cycle. Apple Wants to Pay Publishers to Improve Siri
• Positive Sentiment: Walmart’s nationwide rollout of contactless payments will add Apple Pay acceptance across its U.S. stores, websites and apps. The move expands Apple Pay’s reach and strengthens Apple’s services ecosystem. Walmart Adds Apple Pay Nationwide
• Neutral Sentiment: Options activity showed a modestly bullish bias, with calls outnumbering puts, while implied volatility remained below its 52-week median. However, the signal was not strong enough to establish a decisive near-term direction. Apple Options Sentiment
• Neutral Sentiment: Apple’s leadership change on September 1 is creating both opportunity and uncertainty. Bank of America maintains a Buy view but says Ternus must deliver more surprising products and technologies because the company has become increasingly predictable. Apple Must Relearn How to Surprise
• Negative Sentiment: Apple reportedly cut more than 200 positions tied to Siri and the Vision Pro headset while redirecting resources toward future devices. The restructuring may improve efficiency, but it also highlights execution challenges in AI and spatial computing.
• Negative Sentiment: Analysts have warned that Apple’s insulation from macroeconomic and competitive headwinds is fading. With shares trading at a high earnings multiple, investors may be less tolerant of slower growth, regulatory pressure and delays in AI products. Apple’s Immunity to Headwinds Is Fading
• Negative Sentiment: Reports that Apple is quietly shifting attention toward China add geopolitical and demand risk, while its substantial tax settlement and filings highlighting large profits routed through Ireland could renew regulatory scrutiny.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 1,439 shares under a prearranged Rule 10b5-1 plan. The transaction is relatively small and does not necessarily signal a change in fundamentals, but it provides a modest negative headline.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AAPL. Robert W. Baird boosted their target price on shares of Apple from $310.00 to $330.00 and gave the company an "outperform" rating in a report on Friday, July 24th. UBS Group reiterated a "neutral" rating on shares of Apple in a research report on Friday, July 31st. Royal Bank Of Canada set a $365.00 price objective on Apple in a report on Wednesday, July 15th. JPMorgan Chase & Co. cut their target price on Apple from $345.00 to $340.00 and set an "overweight" rating for the company in a research note on Friday, July 31st. Finally, Piper Sandler began coverage on Apple in a report on Monday, August 17th. They set an "overweight" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Apple currently has an average rating of "Moderate Buy" and an average target price of $330.53.

Apple Price Performance

Shares of NASDAQ AAPL opened at $309.35 on Monday. Apple Inc. has a one year low of $224.69 and a one year high of $344.57. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The firm's 50 day simple moving average is $310.63 and its two-hundred day simple moving average is $287.16. The stock has a market capitalization of $4.51 trillion, a P/E ratio of 35.48, a PEG ratio of 2.65 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company had revenue of $109.42 billion for the quarter, compared to analysts' expectations of $109.04 billion. During the same quarter last year, the company earned $1.57 EPS. The firm's revenue was up 16.4% compared to the same quarter last year. As a group, analysts expect that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple's payout ratio is presently 12.39%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.