Perfromance Wealth Partners LLC Trims Holdings in Apple Inc. $AAPL

Key Points

• Performance Wealth Partners LLC trimmed its Apple stake: the firm sold 83,254 shares (a 2.1% reduction) and now holds 3,958,279 AAPL shares valued at about $1.076 billion, making Apple ~29.2% of its portfolio.
• Insider sales by senior executives: CEO Timothy D. Cook sold 64,949 shares for ~$16.5 million and SVP Deirdre O'Brien sold 30,002 shares for ~$7.66 million, both executed under pre-arranged Rule 10b5-1 plans and reducing their holdings.
• Company and market context: Apple beat Q1 estimates (EPS $2.84 vs. $2.67; revenue $143.8B), has a market cap near $3.98 trillion, a consensus "Moderate Buy" average target of $303, and faces mixed near-term drivers including strong product demand and a CEO transition alongside regulatory and investor-trimming risks.

Perfromance Wealth Partners LLC lowered its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,958,279 shares of the iPhone maker's stock after selling 83,254 shares during the period. Apple comprises about 29.2% of Perfromance Wealth Partners LLC's investment portfolio, making the stock its biggest position. Perfromance Wealth Partners LLC's holdings in Apple were worth $1,076,098,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Reyes Financial Architecture Inc. grew its holdings in shares of Apple by 0.4% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker's stock valued at $2,520,000 after purchasing an additional 37 shares during the last quarter. WESPAC Advisors LLC grew its holdings in shares of Apple by 0.3% during the 4th quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker's stock valued at $3,351,000 after purchasing an additional 39 shares during the last quarter. American Alpha Advisors LLC grew its holdings in shares of Apple by 3.7% during the 3rd quarter. American Alpha Advisors LLC now owns 1,151 shares of the iPhone maker's stock valued at $293,000 after purchasing an additional 41 shares during the last quarter. Seven Springs Wealth Group LLC grew its holdings in shares of Apple by 0.3% during the 3rd quarter. Seven Springs Wealth Group LLC now owns 15,451 shares of the iPhone maker's stock valued at $3,934,000 after purchasing an additional 42 shares during the last quarter. Finally, Avant Capital LLC grew its holdings in shares of Apple by 0.9% in the third quarter. Avant Capital LLC now owns 4,814 shares of the iPhone maker's stock worth $1,226,000 after purchasing an additional 43 shares during the last quarter. Institutional investors own 67.73% of the company's stock.

Insider Activity at Apple

In other Apple news, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction that occurred 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 sale, the chief executive officer directly owned 3,280,418 shares of the company's stock, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 Apple stock in a transaction that occurred 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 in the company, valued at approximately $34,934,433.50. The trade was a 17.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.06% of the company's stock.

Apple Stock Performance

Apple stock opened at $271.06 on Friday. The stock's 50 day simple moving average is $260.03 and its two-hundred day simple moving average is $264.62. 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 cap of $3.98 trillion, a price-to-earnings ratio of 34.27, a PEG ratio of 2.49 and a beta of 1.11. Apple Inc. has a fifty-two week low of $193.25 and a fifty-two week high of $288.62.

Apple (NASDAQ:AAPL - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.17. The business had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The business's revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.40 EPS. As a group, analysts expect that Apple Inc. will post 8.52 earnings per share for the current fiscal year.

Apple Announces Dividend

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

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong product demand: Apple’s $599 M4 Mac mini has sold out online amid an AI-driven upswing in mac‑mini interest, signalling healthy hardware demand ahead of upcoming results. Good luck getting a Mac Mini anytime soon
• Positive Sentiment: Investor optimism around new CEO: John Ternus was named CEO effective September 1; several pieces highlight why investors should be encouraged (hardware pedigree, potential renewed product focus). That optimism supports a constructive view on future device cycles. 2 Reasons Investors Should Be Excited for the New Apple CEO
• Positive Sentiment: Analyst and market support ahead of earnings: Firms including Wedbush and others have reiterated favorable views or buying interest into the earnings cadence and iPhone cycle, lending some near‑term support. Wedbush Reaffirms Outperform for Apple
• Neutral Sentiment: CEO succession — expectations and risks: Coverage (FT, NYT, Motley Fool) lays out the transition details and the main tasks for John Ternus; this is a material change but many view it as orderly for now. The Apple juggernaut and the AI roadblock
• Neutral Sentiment: Short‑interest data is noisy/unclear this month (reported values are effectively zero/invalid), so it provides little actionable signal today.
• Negative Sentiment: Berkshire Hathaway selling: Reports show Warren Buffett’s group cut a large portion (~75%) of its Apple stake and redeployed funds into Chubb — a headline catalyst for today’s selling and a signal that a major, long‑held holder is trimming exposure. Warren Buffett Quietly Sold 75% of His Biggest Holding
• Negative Sentiment: Regulatory/AI execution risks: India’s antitrust probe of the App Store and persistent questions about Apple’s AI/Siri progress and executive departures raise execution and legal-risk concerns that could pressure multiple quarters. Indian Antitrust Push Tests Apple App Store Model

Wall Street Analysts Forecast Growth

AAPL has been the topic of several recent analyst reports. Scotiabank set a $330.00 target price on shares of Apple in a report on Monday, February 2nd. BNP Paribas Exane upgraded shares of Apple from a "neutral" rating to an "outperform" rating and set a $300.00 target price on the stock in a report on Friday, April 17th. Rosenblatt Securities restated a "neutral" rating and issued a $268.00 target price on shares of Apple in a report on Tuesday, April 21st. KeyCorp restated a "sector weight" rating on shares of Apple in a report on Thursday, March 12th. Finally, Phillip Securities upgraded shares of Apple from a "moderate sell" rating to a "hold" rating in a report on Sunday, February 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $303.06.

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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