Searcy Financial Services Inc. ADV trimmed its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,132 shares of the iPhone maker's stock after selling 1,868 shares during the quarter. Apple comprises 4.8% of Searcy Financial Services Inc. ADV's portfolio, making the stock its 11th largest position. Searcy Financial Services Inc. ADV's holdings in Apple were worth $13,085,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Isthmus Partners LLC lifted its position in Apple by 6.4% during 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 lifted its position in Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after buying an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC lifted its position in Apple by 1,800.0% during the first 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 in the last quarter. LSV Asset Management acquired a new position in Apple during the fourth quarter valued at approximately $65,000. Finally, 49 Wealth Management LLC lifted its position in Apple by 15.7% during the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker's stock valued at $76,000 after buying an additional 40,543 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have weighed in on AAPL. KeyCorp reaffirmed a "sector weight" rating on shares of Apple in a research report on Thursday, March 12th. Jefferies Financial Group set a $330.00 price target on shares of Apple in a research report on Wednesday, March 4th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Apple in a research report on Monday, March 2nd. Bank of America lifted their price target on shares of Apple from $320.00 to $325.00 and gave the company a "buy" rating in a research report on Tuesday, April 14th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Apple in a research report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $301.83.
Get Our Latest Stock Report on AAPL
Trending Headlines about Apple
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Wall Street is nudging expectations up: UBS and other firms have raised targets and flagged the potential for a slight beat and stronger guidance into Q2, supporting near-term upside. UBS Lifts Apple Stock
- Positive Sentiment: Positive bullish notes and models (e.g., 24/7 Wall St.) argue AAPL is undervalued into the earnings print, implying material upside for patient investors if Apple reiterates growth and margin trajectory. Apple Stock Poised for 21% Surge
- Positive Sentiment: Product and services catalyst set: Apple launched a cheaper App Store subscription structure (monthly with 12‑month commitment) and is rolling out AI photo-editing tools and new MacBook Pro silicon praise — both help services revenue and device differentiation. Apple introduces a cheaper option for App Store subscriptions MacBook Pro M5 review Apple to Launch AI Photo Editing Tool
- Positive Sentiment: Supply-chain and margin edge: reports note Apple is benefiting from memory pricing and silicon allocations, which can widen iPhone margins versus rivals and support services penetration. Apple turns a memory crisis into an opportunity
- Positive Sentiment: iPhone momentum: market-share reports show Apple reached the top global smartphone spot in the March quarter — a tangible signal that device sales could drive revenue upside into the print. Apple is defying a global smartphone slump
- Neutral Sentiment: Leadership transition is now on investors’ radars: John Ternus is set to become CEO in September — a product/engineering–focused pick that reduces surprise risk long term but creates short-term execution scrutiny. John Ternus, Apple’s new CEO
- Neutral Sentiment: Earnings cadence and elevated expectations: the Magnificent Seven earnings week concentrates sentiment — Apple faces a higher bar on revenue, services growth and AI messaging; that raises volatility but not an immediate directional verdict. Big Tech faces key earnings test on AI spending and cloud growth
- Neutral Sentiment: Insider activity: CFO Kevan Parekh disclosed a sale of shares (filed), which is a routine liquidity event but worth noting for timing-sensitive traders. SEC Form 4
- Negative Sentiment: Competitive threat from Qualcomm/OpenAI tie-up: reports that OpenAI is working with Qualcomm/MediaTek on AI-native phone chips triggered rotation into chipmakers and raised investor concern that Apple could lose on-device AI leadership if it doesn’t accelerate. Did Qualcomm Just Put Apple in Check? Could This New AI Smartphone Compete With Apple?
- Negative Sentiment: Perception Apple is behind on AI: multiple pieces warn that Apple needs a clear AI breakthrough; if the company fails to show credible on‑device AI progress or monetization at earnings, sentiment could flip quickly. Apple Is Falling Behind in AI
Apple Trading Up 1.2%
NASDAQ AAPL opened at $270.71 on Wednesday. The company's fifty day simple moving average is $260.40 and its 200-day simple moving average is $264.94. Apple Inc. has a 52 week low of $193.25 and a 52 week high of $288.62. 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 stock has a market cap of $3.97 trillion, a P/E ratio of 34.22, a PEG ratio of 2.44 and a beta of 1.11.
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. Apple had a net margin of 27.04% and a return on equity of 159.94%. The business had revenue of $143.76 billion for the quarter, compared to analysts' expectations of $138.25 billion. During the same period in the previous year, the company posted $2.40 earnings per share. The business's revenue for the quarter was up 15.7% compared to the same quarter last year. Equities research analysts predict that Apple Inc. will post 8.52 EPS for the current fiscal year.
Apple Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple's payout ratio is presently 13.15%.
Insider Activity at Apple
In related news, SVP Deirdre O'brien sold 30,002 shares of the company's stock in a transaction 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 of the company's stock, valued at $34,934,433.50. This represents a 17.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the company's stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the completion of the sale, the chief executive officer directly owned 3,280,418 shares in the company, valued at $833,980,668.14. This represents a 1.94% 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 have sold 96,485 shares of company stock valued at $24,594,845 over the last ninety days. Corporate insiders own 0.06% of the company's stock.
Apple Profile
(
Free Report)
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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