Rokos Capital Management LLP Acquires 869,432 Shares of Apple Inc. $AAPL

Key Points

• Rokos Capital Management increased its Apple stake by 135.1% in the first quarter, acquiring 869,432 additional shares and bringing its total holdings to 1.51 million shares worth approximately $383.9 million.
• Apple reported a strong June quarter, with revenue up 16.4% year over year to $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 $328.60.
• Despite strong results, investors face concerns about rising memory costs, potential iPhone price increases and mixed analyst sentiment; Apple also declared a quarterly dividend of $0.27 per share, representing a 0.4% yield.

Rokos Capital Management LLP grew its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 135.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,512,744 shares of the iPhone maker's stock after buying an additional 869,432 shares during the quarter. Apple accounts for 2.9% of Rokos Capital Management LLP's portfolio, making the stock its 2nd largest position. Rokos Capital Management LLP's holdings in Apple were worth $383,897,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AAPL. Lifetime Wealth Management P.C. acquired a new position in shares of Apple during the fourth quarter worth about $41,000. ROSS JOHNSON & Associates LLC raised its holdings in shares of Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock valued at $42,000 after buying an additional 180 shares during the period. LSV Asset Management acquired a new position in Apple during the 4th quarter worth approximately $65,000. Timmons Wealth Management LLC purchased a new position in Apple in the 4th quarter worth approximately $69,000. Finally, Inspire Investing LLC purchased a new position in Apple in the 4th quarter worth approximately $76,000. Hedge funds and other institutional investors own 67.73% of the company's stock.

Insider Transactions at Apple

In other news, insider Ben Borders sold 116 shares of the firm's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the transaction, the insider directly owned 38,713 shares of the company's stock, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.06% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AAPL shares. Sanford C. Bernstein reissued an "outperform" rating on shares of Apple in a research report on Monday, June 8th. Wells Fargo & Company reiterated an "overweight" rating and issued a $350.00 price objective (up from $310.00) on shares of Apple in a report on Friday, July 31st. Oppenheimer restated a "market perform" rating on shares of Apple in a research note on Friday, July 31st. Weiss Ratings upgraded Apple from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, August 3rd. Finally, Barclays reissued an "underweight" rating and issued a $245.00 price target (down from $253.00) on shares of Apple in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Apple has an average rating of "Moderate Buy" and a consensus target price of $328.60.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s latest quarter was its strongest June quarter on record, with revenue rising 16.4% year over year to $109.42 billion and earnings per share of $2.02, ahead of Wall Street expectations. Some investors and analysts, including Gene Munster, view the recent weakness as an attractive accumulation opportunity and anticipate a substantial iPhone upgrade cycle. Apple’s Dip Below $310 is a Great Accumulation Opportunity
• Positive Sentiment: Apple is reportedly exploring alternative memory suppliers, including China’s CXMT, as artificial-intelligence demand tightens global DRAM supplies. Diversifying procurement could help reduce shortages and limit production disruptions, although U.S. restrictions may constrain the opportunity. Apple tests China’s CXMT memory chips
• Neutral Sentiment: Apple is participating in efforts to make AI-generated content traceable, potentially strengthening platform trust and content provenance over time. The initiative is strategically relevant but is unlikely to materially affect near-term earnings. Tech’s Big Push to Make AI Content Traceable
• Neutral Sentiment: Apple Pay and Wallet chief Jennifer Bailey is retiring, creating another senior leadership transition. The impact depends on the successor and execution in financial services. Jennifer Bailey retires
• Negative Sentiment: Jefferies downgraded AAPL from Hold to Underperform and cut its price target to $263.66 from $285.56. The firm cited supply-chain checks suggesting Apple may have abandoned a high-end all-glass iPhone, weakening the case for significantly higher average selling prices. Bloomberg separately reported that the 2027 device may still be on track, leaving uncertainty rather than confirmation. Jefferies downgrades Apple
• Negative Sentiment: Surging memory and storage costs could raise iPhone production expenses by roughly 38%, forcing Apple to choose between higher prices that could pressure demand and lower margins. Reports that iPhone prices have already increased by as much as $300 are intensifying concerns about consumer affordability and pricing power. Apple’s Next iPhone Could Test Pricing Power
• Negative Sentiment: Analyst confidence has cooled despite strong revenue growth, with investors questioning whether Apple can sustain premium-device growth at its roughly $4.45 trillion valuation, particularly as Nvidia and other AI leaders capture more market enthusiasm.

Apple Stock Down 1.1%

NASDAQ:AAPL opened at $304.91 on Wednesday. The firm has a market capitalization of $4.45 trillion, a PE ratio of 34.97, a price-to-earnings-growth ratio of 2.64 and a beta of 1.09. Apple Inc. has a 52 week low of $223.78 and a 52 week high of $344.57. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. The stock has a 50 day moving average of $309.28 and a 200-day moving average of $284.26.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.13. The firm had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period last year, the company earned $1.57 earnings per share. Analysts predict that Apple Inc. will post 8.76 EPS for the current year.

Apple Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, August 10th will be given a $0.27 dividend. The ex-dividend date is Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.4%. Apple's dividend payout ratio (DPR) is currently 12.39%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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