Milestones Private Investment Advisors LLC Sells 9,337 Shares of Apple Inc. $AAPL

Key Points

• Milestones Private Investment Advisors LLC cut its Apple stake by 67.1% in the first quarter, selling 9,337 shares and retaining 4,583 shares valued at approximately $1.16 million.
• Apple reported quarterly EPS of $2.01 and revenue of $111.18 billion, exceeding analyst expectations, while institutional investors own 67.73% of the company.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $327.40, though investors are also weighing Apple’s leadership transition, potential U.K. App Store regulation, and its record valuation.

Milestones Private Investment Advisors LLC reduced its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 67.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,583 shares of the iPhone maker's stock after selling 9,337 shares during the quarter. Milestones Private Investment Advisors LLC's holdings in Apple were worth $1,163,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of AAPL. Norges Bank bought a new stake in shares of Apple during the fourth quarter worth $52,266,468,000. Nuveen LLC bought a new position in shares of Apple in the first quarter valued at about $17,472,482,000. Cardano Risk Management B.V. raised its holdings in shares of Apple by 890.7% in the fourth quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker's stock valued at $11,413,990,000 after buying an additional 37,746,784 shares during the last quarter. Laurel Wealth Advisors LLC lifted its position in Apple by 20,464.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock worth $5,553,753,000 after buying an additional 26,937,401 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Apple by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker's stock worth $387,749,545,000 after buying an additional 26,856,752 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors.

Apple Trading Down 0.6%

AAPL opened at $338.19 on Thursday. The firm has a 50 day simple moving average of $308.94 and a 200 day simple moving average of $280.73. Apple Inc. has a fifty-two week low of $201.50 and a fifty-two week high of $344.57. The company has a market cap of $4.97 trillion, a price-to-earnings ratio of 40.89, a price-to-earnings-growth ratio of 2.94 and a beta of 1.10. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02.

Apple (NASDAQ:AAPL - Get Free Report) last announced 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 $1.95 by $0.06. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm had revenue of $111.18 billion for the quarter, compared to analysts' expectations of $109.46 billion. During the same period last year, the firm earned $1.65 earnings per share. The business's revenue for the quarter was up 16.6% on a year-over-year basis. On average, sell-side analysts anticipate that Apple Inc. will post 8.76 earnings per share for the current year.

Insider Buying and Selling at Apple

In other news, insider Ben Borders sold 1,274 shares of the firm's stock in a transaction on Friday, May 8th. The stock was sold at an average price of $290.00, for a total value of $369,460.00. Following the transaction, the insider directly owned 38,713 shares in the company, valued at $11,226,770. This trade represents a 3.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.06% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

AAPL has been the subject of several research reports. Evercore restated an "outperform" rating on shares of Apple in a research report on Wednesday, July 8th. Needham & Company LLC reiterated a "hold" rating on shares of Apple in a research report on Tuesday, June 9th. Oppenheimer reissued a "market perform" rating on shares of Apple in a report on Tuesday, June 9th. UBS Group set a $365.00 price objective on shares of Apple in a research report on Tuesday, July 21st. Finally, Jefferies Financial Group reaffirmed a "hold" rating on shares of Apple in a report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $327.40.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone demand and steady pricing are expected to produce Apple’s strongest June-quarter revenue growth in five years. Analysts are also watching for contributions from Services, Mac, and iPhone 17 shipments. Apple set for strongest June-quarter sales growth in 5 years
• Positive Sentiment: Apple’s new Apple Upgrade program, powered by Klarna, lets U.S. customers lease iPhones, Macs, iPads, and Apple Watches through monthly payments. The initiative could lower upfront costs, increase upgrade frequency, and support device sales. Apple launches US device leasing program with Klarna
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 EPS forecast to $9.57 from $9.56, above the current-year consensus estimate of $8.76, reinforcing the bullish long-term earnings outlook.
• Neutral Sentiment: Apple’s record valuation reflects investor confidence in its relatively disciplined AI spending and improving product demand, while money has rotated away from Nvidia and other high-spending chip stocks. However, options markets imply a comparatively contained post-earnings move, suggesting much of the optimism may already be priced in. Apple Could Swing $170 Billion In Value After Earnings
• Negative Sentiment: Apple faces a leadership transition, with Tim Cook preparing for his final earnings call as CEO and hardware chief John Ternus scheduled to succeed him. Investors will seek evidence that the incoming CEO can sustain growth beyond the iPhone.
• Negative Sentiment: Proposed U.K. App Store rules could loosen Apple’s control over in-app payments and reduce commission revenue; Apple argues the measures amount to price regulation. Apple says UK App Store proposal amounts to price regulation
• Negative Sentiment: A federal lawsuit alleges a fraudulent Bitcoin wallet app remained available in Apple’s App Store, raising potential legal costs and renewed concerns about app-review and platform liability.

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.

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