Spire Wealth Management Sells 4,016 Shares of Apple Inc. $AAPL

Spire Wealth Management decreased its stake in Apple Inc. (NASDAQ:AAPL) by 1.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 383,855 shares of the iPhone maker’s stock after selling 4,016 shares during the quarter. Apple makes up about 3.3% of Spire Wealth Management’s holdings, making the stock its 3rd biggest position. Spire Wealth Management’s holdings in Apple were worth $97,741,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. ROSS JOHNSON & Associates LLC increased its position in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after purchasing an additional 180 shares during the last quarter. Nexus Investment Management ULC lifted its holdings in shares of Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after buying an additional 200 shares during the last quarter. LSV Asset Management acquired a new position in Apple in the fourth quarter worth approximately $65,000. Morgan Dempsey Capital Management LLC raised its position in Apple by 41.0% during the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock valued at $88,000 after acquiring an additional 125 shares in the last quarter. Finally, HFM Investment Advisors LLC acquired a new stake in Apple in the first quarter valued at approximately $99,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on AAPL shares. TD Cowen increased their price target on shares of Apple from $275.00 to $325.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Argus set a $325.00 price objective on shares of Apple and gave the stock a “buy” rating in a report on Friday, October 31st. Rosenblatt Securities raised their target price on Apple from $241.00 to $250.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Apple in a research note on Monday, December 29th. Finally, Citigroup reissued a “buy” rating and issued a $315.00 price objective (down from $330.00) on shares of Apple in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $282.80.

Apple Price Performance

NASDAQ AAPL opened at $258.27 on Wednesday. Apple Inc. has a twelve month low of $169.21 and a twelve month high of $288.62. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.86 and a current ratio of 0.89. The stock has a market capitalization of $3.80 trillion, a PE ratio of 34.57, a P/E/G ratio of 2.38 and a beta of 1.09. The stock has a 50-day simple moving average of $269.02 and a 200 day simple moving average of $250.98.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.11. The firm had revenue of $102.47 billion for the quarter, compared to analyst estimates of $101.65 billion. Apple had a return on equity of 164.05% and a net margin of 26.92%.The company’s revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 EPS. Research analysts anticipate that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Investors of record on Monday, November 10th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, November 10th. Apple’s dividend payout ratio (DPR) is presently 13.92%.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: JPMorgan raised its price target to $315 and kept an overweight stance, citing strong iPhone demand — a bullish analyst catalyst that supports upside expectations into earnings. Apple gets price target boost from JPMorgan
• Positive Sentiment: Apple is rolling out a Gemini‑powered Siri in February (Google partnership), which investors view as tangible AI progress that could show up in services engagement and long-term monetization. Apple’s Gemini‑Powered Siri Arrives in February
• Positive Sentiment: Apple is expanding App Store ad opportunities for developers in March, which could lift Services revenue over time and give investors another near-term monetization vector. Apple’s Expanded Ad Opportunities For Developers Coming in March
• Neutral Sentiment: The market is setting up for a volatile earnings week (Magnificent 7 plus a Fed meeting); option markets expect a roughly 4% move for AAPL around the print, raising short-term event risk despite positive catalysts. Options traders expect a 4.15% move
• Neutral Sentiment: High-profile portfolio moves (Pelosi filing) show large Apple share sales paired with LEAPS purchases — signals range from tax/rebalancing to continued long-term conviction; adds noise but not a clear directional signal. Pelosi’s Bullish 2026 Buy List
• Negative Sentiment: Jefferies trimmed its outlook (lowered price target) pointing to slowing App Store growth and Google ad competition — risks to Services growth are being priced in by some sell‑side firms. Jefferies Flags App Store and Google Ad Risks
• Negative Sentiment: Smaller shops (Aletheia) maintain sell ratings and lowered targets arguing hardware margin pressure — downside risk if Apple reports weaker-than-expected iPhone margins or conservative guidance. Aletheia Maintains Sell on Apple
• Negative Sentiment: Legal/PR overhang: outlets report combined settlements over alleged voice‑data issues (Apple + Google), a headline risk that could fuel short-term investor caution around guidance and services commentary. Google, Apple to pay combined $163M to settle lawsuits

Insider Activity at Apple

In other news, insider Chris Kondo sold 3,752 shares of Apple stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the sale, the insider owned 15,098 shares of the company’s stock, valued at approximately $4,095,030.54. This trade represents a 19.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.06% of the company’s stock.

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.