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

TradeWell Securities LLC. trimmed its position in shares of Apple Inc. (NASDAQ:AAPL) by 2.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 150,071 shares of the iPhone maker’s stock after selling 3,276 shares during the period. Apple accounts for about 15.5% of TradeWell Securities LLC.’s investment portfolio, making the stock its 2nd biggest holding. TradeWell Securities LLC.’s holdings in Apple were worth $43,425,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Lifetime Wealth Management P.C. purchased a new position in Apple in the fourth quarter worth $41,000. ROSS JOHNSON & Associates LLC lifted its holdings in shares of Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares during the last quarter. Timmons Wealth Management LLC purchased a new stake in shares of Apple during the 4th quarter valued at $69,000. LSV Asset Management acquired a new stake in shares of Apple in the 4th quarter worth $65,000. Finally, Inspire Investing LLC acquired a new stake in shares of Apple in the 4th quarter worth $76,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Activity at Apple

In other 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 sale, the insider directly owned 38,713 shares of the company’s stock, valued at $11,425,754.82. This represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 25th. The stock was sold at an average price of $310.95, for a total transaction of $447,457.05. Following the completion of the sale, the senior vice president owned 37,229 shares in the company, valued at $11,576,357.55. The trade was a 3.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 4,433 shares of company stock worth $1,367,024. 0.06% of the stock is owned by corporate insiders.

Apple Stock Performance

Shares of AAPL opened at $325.13 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The stock has a 50-day moving average of $313.24 and a two-hundred day moving average of $289.18. The stock has a market cap of $4.75 trillion, a P/E ratio of 37.29, a P/E/G ratio of 2.74 and a beta of 1.09. Apple Inc. has a one year low of $225.95 and a one year high of $344.57.

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

Apple Announces Dividend

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

Analyst Ratings Changes

AAPL has been the topic of several recent analyst reports. Tigress Financial reaffirmed a “strong-buy” rating and set a $375.00 target price (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. Needham & Company LLC reissued a “hold” rating on shares of Apple in a report on Friday, July 31st. China Renaissance lowered Apple from a “buy” rating to a “hold” rating and set a $280.00 price target on the stock. in a research note on Tuesday, August 4th. JPMorgan Chase & Co. cut their price objective on shares of Apple from $345.00 to $340.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Finally, Rosenblatt Securities increased their price objective on shares of Apple from $300.00 to $303.00 and gave the company a “neutral” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and a consensus price target of $330.61.

Apple News Roundup

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

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.