Mirabaud & Cie SA Sells 2,125 Shares of Apple Inc. $AAPL

Key Points

• Mirabaud & Cie SA trimmed its Apple stake by 1.9% in Q4, selling 2,125 shares to hold 109,633 shares worth about $29.8 million, making Apple roughly 9.6% of its portfolio and its third-largest holding.
• Insiders executed notable sales: CEO Tim Cook sold 64,949 shares (~$16.5M) and SVP Deirdre O'Brien sold 30,002 shares (~$7.66M), both under pre-arranged Rule 10b5-1 plans; insiders now own about 0.06% of the company.
• Analysts hold a consensus Moderate Buy on AAPL with a $301.37 target after Apple beat quarterly EPS ($2.84) and revenue estimates, and the stock trades at a market cap near $3.8 trillion and a PE of ~32.7.

Mirabaud & Cie SA lessened its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 109,633 shares of the iPhone maker's stock after selling 2,125 shares during the quarter. Apple makes up about 9.6% of Mirabaud & Cie SA's portfolio, making the stock its 3rd biggest holding. Mirabaud & Cie SA's holdings in Apple were worth $29,805,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AAPL. Norges Bank acquired a new stake in Apple during the 2nd quarter worth $38,942,255,000. Nuveen LLC acquired a new stake in Apple during the 1st quarter worth $17,472,482,000. Laurel Wealth Advisors LLC boosted its stake 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 purchasing an additional 26,937,401 shares during the last quarter. Northern Trust Corp boosted its stake in Apple by 13.3% during the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock worth $42,918,365,000 after purchasing an additional 20,079,472 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Apple by 14.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,706,358 shares of the iPhone maker's stock worth $26,220,566,000 after purchasing an additional 13,137,968 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on AAPL shares. Raymond James Financial reaffirmed a "market perform" rating on shares of Apple in a research note on Friday, January 2nd. Morgan Stanley reiterated an "overweight" rating and set a $315.00 price target on shares of Apple in a report on Monday, March 23rd. Stifel Nicolaus set a $330.00 price target on Apple in a report on Monday, March 2nd. KGI Securities upgraded Apple to an "outperform" rating and set a $306.00 price target on the stock in a report on Friday, January 30th. Finally, Barclays lifted their price target on Apple from $239.00 to $248.00 and gave the stock an "underweight" rating in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $301.37.

Insider Activity

In related news, CEO Timothy D. Cook sold 64,949 shares of the business's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total value of $16,511,984.27. Following the sale, the chief executive officer directly owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O'brien sold 30,002 shares of the business's stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the completion of the sale, the senior vice president owned 136,810 shares in the company, 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. 0.06% of the stock is currently owned by insiders.

Apple News Summary

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

Apple Stock Down 0.2%

NASDAQ AAPL opened at $258.75 on Wednesday. Apple Inc. has a 52 week low of $189.81 and a 52 week high of $288.62. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The business's fifty day simple moving average is $260.32 and its 200-day simple moving average is $263.92. The firm has a market cap of $3.80 trillion, a PE ratio of 32.71, a P/E/G ratio of 2.46 and a beta of 1.11.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping the consensus estimate of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to analyst estimates 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 quarter in the previous year, the firm earned $2.40 EPS. As a group, equities analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

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

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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