Greenberg Financial Group Purchases Shares of 38,135 Apple Inc. $AAPL

Key Points

• Greenberg Financial Group bought a new stake of 38,135 Apple shares in Q4 valued at about $10,367,000, making Apple roughly 4.3% of its portfolio and its fifth-largest holding.
• Analysts' consensus rating for Apple is Moderate Buy with a consensus price target of $303.06.
• Company insiders sold a total of 96,485 shares last quarter (including CEO Tim Cook's sale of 64,949 shares worth about $16.5M), totaling roughly $24.6M in insider sales.

Greenberg Financial Group acquired a new stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 38,135 shares of the iPhone maker's stock, valued at approximately $10,367,000. Apple accounts for approximately 4.3% of Greenberg Financial Group's portfolio, making the stock its 5th biggest position.

A number of other institutional investors have also bought and sold shares of the business. MH & Associates Securities Management Corp ADV purchased a new stake in shares of Apple during the fourth quarter worth about $2,943,000. Addenda Capital Inc. increased its position in Apple by 0.9% in the fourth quarter. Addenda Capital Inc. now owns 216,803 shares of the iPhone maker's stock worth $58,940,000 after purchasing an additional 1,902 shares during the last quarter. Wetzel Investment Advisors Inc. increased its holdings in shares of Apple by 1.8% in the 4th quarter. Wetzel Investment Advisors Inc. now owns 14,665 shares of the iPhone maker's stock worth $3,987,000 after buying an additional 255 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in Apple by 5.6% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 177,430 shares of the iPhone maker's stock worth $48,236,000 after acquiring an additional 9,435 shares during the last quarter. Finally, Weaver Capital Management LLC raised its holdings in Apple by 8.4% during the 4th quarter. Weaver Capital Management LLC now owns 38,064 shares of the iPhone maker's stock valued at $10,348,000 after buying an additional 2,944 shares during the period. Hedge funds and other institutional investors own 67.73% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AAPL shares. Phillip Securities upgraded shares of Apple from a "moderate sell" rating to a "hold" rating in a report on Sunday, February 1st. KeyCorp reiterated a "sector weight" rating on shares of Apple in a report on Thursday, March 12th. Maxim Group raised shares of Apple from a "hold" rating to a "buy" rating and set a $300.00 price objective on the stock in a research report on Friday, January 30th. TD Cowen restated a "buy" rating and set a $325.00 target price on shares of Apple in a research report on Friday, January 30th. Finally, Raymond James Financial reaffirmed a "market perform" rating on shares of Apple in a research note on Friday, January 2nd. 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $303.06.

Apple Trading Down 1.3%

NASDAQ AAPL opened at $267.50 on Tuesday. The company's 50-day moving average price is $260.26 and its 200-day moving average price is $264.76. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The stock has a market cap of $3.93 trillion, a PE ratio of 33.82, a PEG ratio of 2.47 and a beta of 1.11. Apple Inc. has a 12 month low of $193.25 and a 12 month high of $288.62.

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 analysts' consensus estimates of $2.67 by $0.17. The company had revenue of $143.76 billion during the quarter, compared to analyst estimates of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The firm's revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter last year, the business posted $2.40 EPS. Equities research analysts forecast that Apple Inc. will post 8.52 earnings per share for the current year.

Apple Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple's payout ratio is currently 13.15%.

Insider Activity

In other Apple news, CEO Timothy D. Cook sold 64,949 shares of the firm's 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 transaction, the chief executive officer directly owned 3,280,418 shares in the company, valued at $833,980,668.14. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O'brien sold 30,002 shares of Apple stock in a transaction on 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 sale, the senior vice president directly owned 136,810 shares of the company's stock, valued at approximately $34,934,433.50. This trade represents a 17.99% 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. Over the last quarter, insiders sold 96,485 shares of company stock valued at $24,594,845. Corporate insiders own 0.06% of the company's stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Company guidance and margin outlook remain constructive — Wall Street previews show Apple expecting ~13%–16% revenue growth and healthy gross margins for fiscal Q2, which supports the case for another beat when results arrive. Should You Buy, Sell, or Hold AAPL Stock Before Q2 Earnings?
• Positive Sentiment: iPhone momentum and supply-chain moves are boosting market share — reports note Apple claimed the top global smartphone spot in the March quarter, providing revenue upside and evidence the hardware cycle isn’t dead. Apple is defying a global smartphone slump
• Neutral Sentiment: Leadership change is front‑and‑center — John Ternus will become CEO in September; investors are parsing his product-first background and focus on services/AI as both an opportunity and a source of near-term uncertainty. Execution under new leadership will matter for sentiment but is a longer-term story. John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
• Neutral Sentiment: Big Tech earnings week and AI monetization themes raise expectations — analysts expect AI to drive cloud/ad/product revenue; that raises the bar for Apple to show credible AI product/monetization progress. Big Tech faces key earnings test on AI spending and cloud growth
• Negative Sentiment: Competitor moves (Qualcomm + OpenAI) spooked investors — reports that OpenAI is working with Qualcomm/MediaTek on AI-first smartphone chips lifted Qualcomm and raised fears Apple could lose an edge if it doesn’t move faster on on‑device AI. That rotation into chipmakers pressured AAPL sentiment today. Could This New AI Smartphone Compete With Apple? Qualcomm Shares Rise
• Negative Sentiment: Mounting narrative that Apple is lagging on AI execution — commentary and analyst pieces arguing Apple needs an AI breakthrough (and could be slow to integrate third‑party innovations) are feeding investor caution ahead of earnings. Apple Is Falling Behind in AI. Will a New CEO Revive Apple Stock?

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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