Revolve Wealth Partners LLC Has $20.66 Million Stock Position in Apple Inc. $AAPL

Revolve Wealth Partners LLC raised its stake in shares of Apple Inc. (NASDAQ:AAPL) by 5.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 71,400 shares of the iPhone maker’s stock after acquiring an additional 3,474 shares during the period. Apple makes up approximately 2.1% of Revolve Wealth Partners LLC’s holdings, making the stock its 9th biggest position. Revolve Wealth Partners LLC’s holdings in Apple were worth $20,660,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Lifetime Wealth Management P.C. purchased a new stake in Apple during the 4th quarter valued at $41,000. ROSS JOHNSON & Associates LLC boosted its stake in shares of 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 buying an additional 180 shares during the last quarter. LSV Asset Management bought a new stake in shares of Apple in the fourth quarter worth $65,000. Timmons Wealth Management LLC purchased a new stake in Apple during the fourth quarter valued at $69,000. Finally, Inspire Investing LLC purchased a new stake in Apple during the fourth quarter valued at $76,000. 67.73% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Ben Borders sold 116 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider owned 38,713 shares of the company’s stock, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their position. The sale was disclosed in a filing with the SEC, 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 the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $307.49, for a total value of $442,478.11. Following the completion of the sale, the senior vice president owned 38,668 shares of the company’s stock, valued at $11,890,023.32. The trade was a 3.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,994 shares of company stock worth $919,567. 0.06% of the stock is owned by corporate insiders.

Apple Stock Down 0.1%

AAPL stock opened at $309.90 on Wednesday. The business’s 50-day moving average price is $311.12 and its 200-day moving average price is $287.69. The stock has a market cap of $4.52 trillion, a P/E ratio of 35.54, a PEG ratio of 2.66 and a beta of 1.09. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. Apple Inc. has a twelve month low of $224.69 and a twelve month high of $344.57.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same period in the prior year, the firm posted $1.57 EPS. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year. On average, equities research analysts forecast that Apple Inc. will post 8.76 EPS for the current year.

Apple Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Morgan Stanley cut their price target on Apple from $364.00 to $360.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. KGI Securities cut shares of Apple from an “outperform” rating to a “hold” rating and set a $315.00 price objective on the stock. in a research note on Monday, June 22nd. Evercore restated an “outperform” rating on shares of Apple in a research report on Tuesday. Piper Sandler assumed coverage on shares of Apple in a report on Monday, August 17th. They set an “overweight” rating for the company. Finally, Rosenblatt Securities lifted their price target on shares of Apple from $276.00 to $300.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $330.53.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: New AI-focused Macs strengthen Apple’s edge-computing strategy. Apple launched updated Mac mini and Mac Studio desktops powered by the M6 and M5 Ultra chips, emphasizing local AI workloads. The M6 reportedly uses a 2-nanometer process, while the M5 Ultra supports large models with up to 512GB of unified memory. The products could expand Apple’s role in AI development without requiring the massive infrastructure spending undertaken by rivals. Apple announces new Mac Mini and Mac Studio models with AI upgrades
• Positive Sentiment: Evercore maintained an Outperform rating and $365 price target. The firm said the higher Mac mini prices appear justified by the performance improvements, providing a positive Wall Street signal even as AAPL trades at a demanding valuation. Apple Stock Reiterated as Outperform
• Positive Sentiment: Apple’s capital-light AI approach is attracting investor interest. With technology shares exposed to concerns about an AI infrastructure spending race, Apple’s focus on on-device AI and its existing hardware ecosystem is being viewed as a relative advantage. Apple Rises as Investors Flee the AI Spending Arms Race
• Neutral Sentiment: Apple reversed a planned change to Hide My Email. Preserving the privacy feature may support customer trust, but the move is unlikely to materially affect near-term revenue or earnings. Apple rescues Hide My Email feature
• Negative Sentiment: Higher Mac prices and memory shortages could limit demand. The new Mac mini reportedly starts at $899, while the top Mac Studio configuration can cost substantially more. Persistent memory constraints could raise component costs and eventually contribute to higher iPhone prices, pressuring consumer demand and margins. Apple launches faster Mac mini and Mac Studio
• Negative Sentiment: AI execution and restructuring remain concerns. Apple is cutting more than 200 positions across Siri and Vision Pro while redirecting resources toward AI and smart glasses. The shift may improve focus, but it also highlights delays and uncertainty around Apple’s AI product roadmap. Apple cuts 200 jobs in Siri and Vision Pro
• Negative Sentiment: Valuation leaves limited room for disappointment. Around $310 per share, AAPL carries a market value above $4.5 trillion and a forward-looking growth profile that depends heavily on the next iPhone cycle. Analysts remain constructive, but investors are sensitive to evidence of slower growth, pricing pressure or weaker AI adoption.

About Apple

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.