Physicians Financial Services Inc. Has $57.32 Million Position in Apple Inc. $AAPL

Key Points

• Physicians Financial Services trimmed its Apple stake by 1.8% in Q4, selling 3,901 shares and now holding 210,839 shares worth about $57.32 million, with Apple comprising ~15.4% of its portfolio.
• Apple beat expectations this quarter—EPS $2.84 vs. $2.67 and revenue $143.76B (up 15.7% YoY)—trades at a ~$3.98 trillion market cap, and carries a MarketBeat consensus of "Moderate Buy" with an average price target of $303.06.
• Investor and insider activity is notable: CEO Tim Cook and SVP Deirdre O'Brien sold shares under 10b5‑1 plans, and reports say Berkshire Hathaway cut about 75% of its Apple stake, adding mixed sentiment amid strong product demand and regulatory/AI execution risks.

Physicians Financial Services Inc. reduced its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 210,839 shares of the iPhone maker's stock after selling 3,901 shares during the quarter. Apple comprises about 15.4% of Physicians Financial Services Inc.'s portfolio, making the stock its biggest position. Physicians Financial Services Inc.'s holdings in Apple were worth $57,319,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Isthmus Partners LLC lifted its stake in shares of Apple by 6.4% in the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock valued at $25,000 after buying an additional 5,808 shares in the last quarter. Sellwood Investment Partners LLC increased its position in shares of Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after acquiring an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC raised its holdings in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after acquiring an additional 180 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Apple in the 4th quarter worth about $65,000. Finally, 49 Wealth Management LLC lifted its position in Apple by 15.7% in the 3rd quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker's stock valued at $76,000 after acquiring an additional 40,543 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company's stock.

Apple Stock Performance

Shares of AAPL stock opened at $271.06 on Friday. The firm has a market cap of $3.98 trillion, a price-to-earnings ratio of 34.27, a P/E/G ratio of 2.49 and a beta of 1.11. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. Apple Inc. has a 52 week low of $193.25 and a 52 week high of $288.62. The firm's 50-day simple moving average is $260.03 and its two-hundred day simple moving average is $264.56.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results 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. Apple had a net margin of 27.04% and a return on equity of 159.94%. The firm had revenue of $143.76 billion during the quarter, compared to the consensus estimate of $138.25 billion. During the same period in the prior year, the firm earned $2.40 EPS. The company's revenue was up 15.7% compared to the same quarter last year. As a group, equities analysts forecast that Apple Inc. will post 8.52 earnings per share for the current year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were issued 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 dividend payout ratio is 13.15%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of a number of recent research reports. Barclays boosted their price objective on Apple from $239.00 to $248.00 and gave the stock an "underweight" rating in a report on Tuesday, March 3rd. DA Davidson restated a "neutral" rating and issued a $270.00 target price on shares of Apple in a report on Friday, January 30th. KeyCorp reaffirmed a "sector weight" rating on shares of Apple in a research report on Thursday, March 12th. The Goldman Sachs Group reiterated a "buy" rating on shares of Apple in a report on Monday, March 2nd. Finally, Morgan Stanley restated an "overweight" rating and set a $315.00 price objective on shares of Apple in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $303.06.

Insiders Place Their Bets

In other news, CEO Timothy D. Cook sold 64,949 shares of the 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 completion of the transaction, the chief executive officer owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. This represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 dated Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the completion of 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 position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.06% of the company's stock.

Key Apple News

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

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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