Rheos Capital Works Inc. Sells 26,000 Shares of Apple Inc. $AAPL

Key Points

• Rheos Capital Works trimmed its Apple stake by 16.2% in Q4, selling 26,000 shares and now holds 134,500 shares valued at about $36.57 million, roughly 2.3% of its portfolio and its 15th-largest holding.
• Insiders executed sizable pre-arranged sales: CEO Timothy D. Cook sold 64,949 shares and SVP Deirdre O'Brien sold 30,002 shares, and insiders now own about 0.06% of Apple.
• Wall Street is broadly positive with a consensus "Moderate Buy" rating and a target of $303.06, while the April 30 earnings report is identified as the next major catalyst that could move the stock.

Rheos Capital Works Inc. lessened its stake in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 16.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 134,500 shares of the iPhone maker's stock after selling 26,000 shares during the period. Apple accounts for about 2.3% of Rheos Capital Works Inc.'s investment portfolio, making the stock its 15th biggest holding. Rheos Capital Works Inc.'s holdings in Apple were worth $36,565,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Apple by 0.4% during the first quarter. Vanguard Group Inc. now owns 1,400,790,809 shares of the iPhone maker's stock valued at $311,157,662,000 after purchasing an additional 5,005,297 shares during the period. State Street Corp boosted its stake in shares of Apple by 0.9% in the second quarter. State Street Corp now owns 601,249,995 shares of the iPhone maker's stock worth $123,358,461,000 after acquiring an additional 5,224,229 shares during the period. Geode Capital Management LLC boosted its stake in shares of Apple by 1.4% in the second quarter. Geode Capital Management LLC now owns 354,749,794 shares of the iPhone maker's stock worth $72,506,336,000 after acquiring an additional 4,942,638 shares during the period. Norges Bank bought a new position in shares of Apple in the second quarter worth about $38,942,255,000. Finally, Northern Trust Corp boosted its stake in shares of Apple by 13.3% in the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock worth $42,918,365,000 after acquiring an additional 20,079,472 shares during the period. Institutional investors own 67.73% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Morgan Stanley reaffirmed an "overweight" rating and issued a $315.00 price objective on shares of Apple in a research note on Monday, March 23rd. Maxim Group raised Apple from a "hold" rating to a "buy" rating and set a $300.00 price objective for the company in a research note on Friday, January 30th. JPMorgan Chase & Co. upped their price objective on Apple from $315.00 to $325.00 and gave the stock an "overweight" rating in a research note on Friday, January 30th. Jefferies Financial Group set a $330.00 price objective on Apple in a research note on Wednesday, March 4th. Finally, Oppenheimer reaffirmed a "market perform" rating on shares of Apple in a research note on Friday, January 30th. 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 one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $303.06.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Market reaction to Apple naming John Ternus as CEO has been upbeat — investors and some analysts view his hardware pedigree as a credible path to accelerate device‑level AI and product innovation, supporting near‑term confidence in AAPL. Ternus the Page: Apple's Engineering Prodigy Takes the Reins
• Positive Sentiment: Apple patched a high‑profile iPhone notification bug that exposed deleted messages; the security fix lifted sentiment around privacy and product quality and coincided with an intraday stock bounce. Apple (AAPL) Stock Climbs as iPhone Notification Bug Gets Patched
• Positive Sentiment: Channel and shipment data show strong iPhone demand (notably China) and some broker notes (e.g., Bank of America commentary) expect iPhone 17 demand to support upcoming results — a fundamental tailwind ahead of earnings. Apple gets a stunning boost as smartphone rivals stumble
• Neutral Sentiment: April 30 earnings are the next major catalyst — previews and options activity show investors positioning for a beat/miss outcome; that event could swing AAPL materially in either direction. Apple Q2 Earnings Preview: Is AAPL Stock a Buy, Sell, or Hold?
• Neutral Sentiment: Mixed analyst notes: some firms reaffirm positive ratings while others flag valuation/AI execution risks — the street is split, so analyst chatter is supporting volume but not a clear directional consensus. Wedbush Reaffirms Outperform Rating for Apple
• Negative Sentiment: Reports of a broader leadership exodus and that chip chief Johny Srouji is “seriously considering” leaving pose execution risk — losing senior hardware/AI talent could undermine product roadmaps during an AI pivot. Apple rocked by executive departures, with chip chief at risk of leaving next
• Negative Sentiment: Regulatory risk surfaces in India where an accelerated antitrust probe into App Store rules could lead to structural changes or multibillion penalties — a material long‑term profit and policy risk for Apple’s services franchise. Indian Antitrust Push Tests Apple App Store Model And Valuation Narrative

Insider Transactions at Apple

In related news, CEO Timothy D. Cook sold 64,949 shares of the business's stock in a transaction dated Thursday, April 2nd. The stock was 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 the business's 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 owned 136,810 shares in the company, valued at $34,934,433.50. This represents a 17.99% decrease in their ownership of the stock. 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. 0.06% of the stock is currently owned by insiders.

Apple Price Performance

NASDAQ:AAPL opened at $273.43 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $4.01 trillion, a P/E ratio of 34.57, a P/E/G ratio of 2.49 and a beta of 1.11. Apple Inc. has a 12 month low of $193.25 and a 12 month high of $288.62. The business's 50-day moving average is $259.72 and its 200 day moving average is $264.46.

Apple (NASDAQ:AAPL - Get Free Report) last posted its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts' consensus estimates of $2.67 by $0.17. The company had revenue of $143.76 billion for the quarter, compared to the consensus estimate of $138.25 billion. Apple had a return on equity of 159.94% and a net margin of 27.04%.The firm's revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.40 earnings per share. On average, equities research analysts forecast that Apple Inc. will post 8.5 earnings per share for the current fiscal year.

Apple Announces Dividend

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

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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