TradeWell Securities LLC. Has $43.42 Million Stock Holdings in Apple Inc. $AAPL

Key Points

• TradeWell Securities reduced its Apple position by 2.1% in the second quarter, selling 3,276 shares and retaining 150,071 shares valued at $43.43 million. Apple remains its second-largest holding, representing 15.5% of its portfolio.
• Institutional ownership remains substantial, with hedge funds and other institutions holding 67.73% of Apple’s shares; major investors including Vanguard, State Street and Geode increased their positions.
• Apple posted quarterly revenue of $109.42 billion and EPS of $2.02, beating estimates, while analysts maintain a “Moderate Buy” consensus with an average price target of $330.61. Shares opened at $325.13 and trade at a relatively high P/E ratio of 37.29 amid optimism over new products and ongoing concerns about AI execution, costs and valuation.

TradeWell Securities LLC. cut its position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 2.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 150,071 shares of the iPhone maker's stock after selling 3,276 shares during the period. Apple makes up 15.5% of TradeWell Securities LLC.'s portfolio, making the stock its 2nd largest holding. TradeWell Securities LLC.'s holdings in Apple were worth $43,425,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AAPL. Vanguard Group Inc. raised its holdings in shares of Apple by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker's stock worth $387,749,545,000 after buying an additional 26,856,752 shares during the period. State Street Corp boosted its holdings in Apple by 1.1% during the 4th quarter. State Street Corp now owns 604,056,505 shares of the iPhone maker's stock valued at $164,218,801,000 after acquiring an additional 6,555,392 shares during the period. Geode Capital Management LLC boosted its holdings in Apple by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 358,032,517 shares of the iPhone maker's stock valued at $97,031,587,000 after acquiring an additional 1,866,103 shares during the period. Morgan Stanley grew its position in Apple by 0.6% in the 4th quarter. Morgan Stanley now owns 230,483,035 shares of the iPhone maker's stock valued at $62,659,118,000 after acquiring an additional 1,379,651 shares during the last quarter. Finally, Norges Bank bought a new position in Apple in the 4th quarter valued at $52,266,468,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Ben Borders sold 116 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were 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 in the company, valued at approximately $11,425,754.82. This trade represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of Apple stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $310.95, for a total transaction of $447,457.05. Following the transaction, the senior vice president directly owned 37,229 shares in the company, valued at approximately $11,576,357.55. The trade was a 3.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 4,433 shares of company stock valued at $1,367,024. Company insiders own 0.06% of the company's stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: John Ternus takes over with an encouraging product message: The longtime hardware engineering chief officially became CEO, while Tim Cook remains as executive chairman. Ternus reportedly told employees that a “huge” and “phenomenal” iPhone launch is coming next week, supporting expectations for strong product momentum and potential interest in a foldable iPhone. John Ternus hypes huge launch next week in first memo as Apple CEO
• Positive Sentiment: Analyst optimism is providing additional support: Bank of America reiterated a Buy rating and a $380 price target, citing an opportunity for Apple to achieve “device dominance” in the AI era. Rosenblatt also raised its target to $303, though it maintained a Neutral rating, underscoring the mixed outlook at current prices. Bank of America sees device dominance ahead
• Positive Sentiment: Services and Mac demand remain potential growth catalysts: Apple’s price increases for Apple TV and Apple One highlight ecosystem pricing power and could lift high-margin services revenue. Separately, reported shortages of high-memory Mac mini and Mac Studio models suggest developers and businesses may be using Apple Silicon for local AI workloads. Cook out, Silicon in: Will Ternus trigger Apple’s edge AI boom?
• Neutral Sentiment: Continuity may reduce transition risk: Cook’s $47 million compensation package as executive chair signals that he will remain influential, including on government and strategic matters. However, Ternus must establish authority while succeeding a CEO whose tenure produced extraordinary shareholder returns. Tim Cook to be paid $47 million as Apple’s executive chair
• Negative Sentiment: Key risks remain concentrated in AI, costs and valuation: Apple is still viewed as behind rivals in AI and faces pressure to improve Siri. Memory shortages could weigh on hardware margins, while shares trade near record levels at roughly 37 times earnings. Apple also faces an escalating trade-secret lawsuit with OpenAI, which has called the claims baseless. Apple enters John Ternus era as AI challenges and memory crunch intensify

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. KGI Securities downgraded Apple from an "outperform" rating to a "hold" rating and set a $315.00 target price for the company. in a research report on Monday, June 22nd. Maxim Group restated a "buy" rating and issued a $350.00 price target (up from $310.00) on shares of Apple in a report on Tuesday, June 9th. HSBC raised shares of Apple from a "hold" rating to a "buy" rating and raised their price target for the stock from $260.00 to $366.00 in a research note on Thursday, July 16th. Citigroup reiterated a "buy" rating and set a $365.00 price objective (up from $315.00) on shares of Apple in a report on Monday, July 13th. Finally, Seaport Research Partners cut shares of Apple from a "buy" rating to a "neutral" rating in a research report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $330.61.

Apple Price Performance

Shares of AAPL stock opened at $325.13 on Wednesday. Apple Inc. has a twelve month low of $225.95 and a twelve month 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 fifty day simple moving average of $313.24 and a two-hundred day simple moving average of $289.18. The stock has a market capitalization of $4.75 trillion, a price-to-earnings ratio of 37.29, a P/E/G ratio of 2.74 and a beta of 1.09.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating 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 business's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.57 earnings per share. On average, analysts predict that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple's dividend payout ratio (DPR) is 12.39%.

Apple 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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