POM Investment Strategies LLC Sells 2,122 Shares of Apple Inc. $AAPL

Key Points

• POM Investment Strategies LLC cut its Apple stake by 32.5% in the second quarter, selling 2,122 shares and retaining 4,401 shares worth approximately $1.27 million. Apple remains the fund’s 10th-largest holding and represents about 1.4% of its portfolio.
• Apple shares opened at $316.22, down 1.2%, while the company reported quarterly revenue of $109.42 billion and EPS of $2.02, exceeding analyst expectations. The stock carries a “Moderate Buy” consensus rating with an average price target of $331.53.
• Investors are focused on the potential launch of a foldable iPhone and the company’s first major keynote under CEO John Ternus, but face risks including strong foldable competition, elevated valuation, possible “sell-the-news” pressure and rising memory costs tied to AI data-center demand.

POM Investment Strategies LLC trimmed its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 32.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 4,401 shares of the iPhone maker's stock after selling 2,122 shares during the period. Apple accounts for approximately 1.4% of POM Investment Strategies LLC's portfolio, making the stock its 10th largest position. POM Investment Strategies LLC's holdings in Apple were worth $1,273,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Lifetime Wealth Management P.C. acquired a new stake in Apple during the 4th quarter worth approximately $41,000. ROSS JOHNSON & Associates LLC grew its stake 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 valued at $42,000 after purchasing an additional 180 shares during the last quarter. LSV Asset Management acquired a new position in shares of Apple in the fourth quarter valued at approximately $65,000. Timmons Wealth Management LLC acquired a new position in shares of Apple in the fourth quarter valued at approximately $69,000. Finally, Inspire Investing LLC purchased a new stake in shares of Apple during the fourth quarter worth approximately $76,000. Institutional investors and hedge funds own 67.73% of the company's stock.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is expected to introduce its first foldable iPhone, alongside the iPhone 18 Pro and Pro Max. Morgan Stanley estimates the foldable could ship about 6.5 million units in the December quarter and generate approximately $14 billion in revenue, creating a potentially significant new growth category. Apple’s foldable iPhone could add $14 billion
• Positive Sentiment: Bank of America maintained a Buy rating and a $380 price target, anticipating a roughly $2,099 foldable model and higher prices for the iPhone 18 Pro lineup. Premium pricing could support revenue and margins if demand holds. Apple’s Wednesday event and Bank of America’s price target
• Positive Sentiment: Apple’s acquisition of Sonera Magnetics, a company developing non-invasive neural-signal sensors, could strengthen its long-term health, wearable and human-computer-interface ambitions. The deal was completed in May but became public through a European Commission notice. Apple Purchases Neural Signal Sensor Company Sonera
• Neutral Sentiment: The launch is also the first major keynote for new CEO John Ternus. Investors will look for evidence that his leadership can accelerate hardware innovation while addressing Apple’s perceived artificial-intelligence shortcomings. Apple’s New CEO Has a Hardware Event and an AI Problem
• Neutral Sentiment: Historical analysis suggests Apple stock often has a muted or mixed reaction after major iPhone reveals, increasing the risk that strong results are already reflected in the valuation. Berkshire Hathaway’s continued large Apple position provides a supportive long-term signal but is not a near-term catalyst. How Apple stock usually reacts to big iPhone reveal events
• Negative Sentiment: AI data-center demand is diverting premium memory capacity away from smartphone components, potentially raising Apple’s costs and pressuring iPhone margins. AI diverts memory from phones
• Negative Sentiment: Huawei and Xiaomi have launched premium foldables ahead of Apple, raising competitive pressure—particularly in China. Analysts also warn that the stock could experience a “sell-the-news” reaction because expectations and valuation are high. Huawei launches a tri-fold smartphone ahead of Apple

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Rothschild & Co Redburn set a $400.00 price target on Apple and gave the stock a "buy" rating in a report on Monday, August 17th. HSBC reissued a "buy" rating and issued a $366.00 price objective on shares of Apple in a research note on Tuesday. DA Davidson restated a "neutral" rating and set a $270.00 price objective on shares of Apple in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft cut shares of Apple from a "buy" rating to a "hold" rating in a research note on Monday, August 17th. Finally, Oppenheimer reiterated a "market perform" rating on shares of Apple in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $331.53.

Insider Activity

In other news, SVP Jennifer Newstead sold 1,439 shares of Apple stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $317.01, for a total transaction of $456,177.39. Following the completion of the sale, the senior vice president directly owned 35,790 shares in the company, valued at approximately $11,345,787.90. This trade represents a 3.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ben Borders sold 116 shares of the business's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the sale, the insider directly owned 38,713 shares in the company, valued at $11,425,754.82. This trade represents a 0.30% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 5,872 shares of company stock worth $1,823,201 over the last 90 days. 0.06% of the stock is currently owned by company insiders.

Apple Trading Down 1.2%

Shares of AAPL stock opened at $316.22 on Wednesday. The business's fifty day moving average price is $316.95 and its 200 day moving average price is $291.35. Apple Inc. has a 1-year low of $225.95 and a 1-year high of $344.57. The firm has a market capitalization of $4.61 trillion, a PE ratio of 36.26, a P/E/G ratio of 2.77 and a beta of 1.08. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. The firm had revenue of $109.42 billion during the quarter, compared to analysts' expectations of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.Apple's revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.57 earnings per share. As a group, sell-side analysts forecast that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple's dividend payout ratio (DPR) is 12.39%.

Apple Company Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company's ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.

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