Unio Capital LLC Sells 2,430 Shares of Apple Inc. $AAPL

Key Points

• Unio Capital reduced its Apple position by 1.4%, selling 2,430 shares and retaining 165,778 shares valued at approximately $47.97 million. Apple remains the firm’s third-largest holding and represents 9.1% of its portfolio.
• Institutional investors and hedge funds own approximately 67.73% of Apple’s outstanding shares, while several funds initiated or expanded positions during the reported period.
• Analysts maintain a generally positive outlook, with Apple receiving a “Moderate Buy” consensus rating and an average price target of $340.02. The company also exceeded quarterly earnings and revenue expectations, reporting $2.02 in EPS and $109.42 billion in revenue.

Unio Capital LLC lessened its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,778 shares of the iPhone maker's stock after selling 2,430 shares during the quarter. Apple comprises about 9.1% of Unio Capital LLC's investment portfolio, making the stock its 3rd biggest position. Unio Capital LLC's holdings in Apple were worth $47,970,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Avenir Tech Ltd bought a new position in Apple in the 2nd quarter worth approximately $29,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Apple during the second quarter worth approximately $30,000. Lifetime Wealth Management P.C. bought a new stake in shares of Apple in the fourth quarter valued at approximately $41,000. ABS Investment Management LLC bought a new stake in shares of Apple in the second quarter valued at approximately $376,168,000. Finally, Basso Capital Management L.P. acquired a new stake in shares of Apple in the fourth quarter worth $88,000. Institutional investors and hedge funds own 67.73% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AAPL shares. Deutsche Bank Aktiengesellschaft cut shares of Apple from a "buy" rating to a "hold" rating in a research note on Monday, August 17th. BTIG Research assumed coverage on Apple in a research report on Monday, August 17th. They set a "neutral" rating on the stock. CICC Research boosted their price target on Apple from $310.00 to $340.00 and gave the company an "outperform" rating in a research note on Tuesday, August 4th. Piper Sandler initiated coverage on Apple in a research note on Monday, August 17th. They issued an "overweight" rating for the company. Finally, Moffett Nathanson reaffirmed a "neutral" rating and issued a $304.00 target price (up from $270.00) on shares of Apple in a research report on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $340.02.

Apple Stock Up 1.0%

Shares of Apple stock opened at $333.69 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The business has a 50-day moving average of $322.16 and a two-hundred day moving average of $300.01. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $345.34. The company has a market capitalization of $4.87 trillion, a P/E ratio of 38.27, a price-to-earnings-growth ratio of 2.63 and a beta of 1.07.

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

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were issued 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 presently 12.39%.

Insider Activity

In related news, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total transaction of $806,495.82. Following the completion of the transaction, the senior vice president directly owned 41,992 shares of the company's stock, valued at approximately $14,116,870.56. This represents a 5.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 13,430 shares of company stock valued at $4,342,255 over the last 90 days. 0.06% of the stock is currently owned by insiders.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is launching new safeguards designed to protect its devices from probing AI agents. The move may strengthen user trust and help preserve Apple’s security-focused ecosystem as agentic AI becomes more prominent. Apple Launches New Safeguards Against AI Agents
• Positive Sentiment: The fall product cycle remains a near-term tailwind. Morgan Stanley modestly raised its revenue forecast after Apple’s launches, while Counterpoint reportedly expects about 6 million sales of the $1,999 foldable iPhone Duo this year. New Apple Watch health features and potential smart-home products could also broaden the company’s ecosystem. Apple’s Fall Product Cycle Could Support Revenue Growth
• Neutral Sentiment: Morgan Stanley maintained an Overweight rating but lowered its price target to $355 from $360. Higher memory and component costs, along with possible iPhone pricing pressure, are offsetting much of the expected product-revenue benefit. Morgan Stanley Adjusts Price Target on Apple
• Negative Sentiment: A jury’s $5.7 billion patent verdict against Apple has raised concerns about potential ongoing royalties and pressure on hardware margins. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
• Negative Sentiment: Investors remain worried that AI agents from rivals such as Meta could bypass the App Store and weaken Apple’s high-margin services business. Analysts also see limited upside after Apple’s strong run and its relatively rich valuation.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares valued at approximately $806,496, reducing her direct holdings by 5.4%. The transaction is small relative to her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing

Apple Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple's services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.

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