Apple Inc. $AAPL Stock Sold by Sage Capital Advisors llc

Sage Capital Advisors llc decreased its stake in Apple Inc. (NASDAQ:AAPL) by 2.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 138,682 shares of the iPhone maker’s stock after selling 3,999 shares during the quarter. Apple makes up 6.9% of Sage Capital Advisors llc’s holdings, making the stock its 3rd largest position. Sage Capital Advisors llc’s holdings in Apple were worth $46,184,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ring Mountain Capital LLC increased its holdings in Apple by 0.7% in the third quarter. Ring Mountain Capital LLC now owns 84,141 shares of the iPhone maker’s stock valued at $28,021,000 after buying an additional 586 shares in the last quarter. PCA Investment Advisory Services Inc. boosted its stake in shares of Apple by 1.9% during the 3rd quarter. PCA Investment Advisory Services Inc. now owns 29,303 shares of the iPhone maker’s stock worth $9,759,000 after acquiring an additional 549 shares in the last quarter. Jericho Financial LLP boosted its stake in shares of Apple by 0.4% during the 3rd quarter. Jericho Financial LLP now owns 33,472 shares of the iPhone maker’s stock worth $11,147,000 after acquiring an additional 121 shares in the last quarter. Compass Financial Group INC SD boosted its stake in shares of Apple by 6.2% during the 3rd quarter. Compass Financial Group INC SD now owns 16,087 shares of the iPhone maker’s stock worth $5,357,000 after acquiring an additional 936 shares in the last quarter. Finally, McCollum Christoferson Group LLC grew its position in shares of Apple by 0.7% during the 3rd quarter. McCollum Christoferson Group LLC now owns 94,030 shares of the iPhone maker’s stock valued at $31,314,000 after acquiring an additional 641 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Apple

In other news, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total value of $806,495.82. Following the transaction, the senior vice president owned 41,992 shares in the company, valued at $14,116,870.56. This trade represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John Ternus sold 25,412 shares of Apple stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the completion of the sale, the chief executive officer directly owned 59,567 shares in the company, valued at $19,832,236.98. This represents a 29.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 286,853 shares of company stock worth $95,477,342. 0.06% of the stock is owned by insiders.

Apple Stock Up 1.2%

AAPL opened at $348.22 on Friday. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $348.36. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average price of $328.91 and a 200 day moving average price of $309.07. The company has a market cap of $5.08 trillion, a PE ratio of 39.93, a price-to-earnings-growth ratio of 2.72 and a beta of 1.07.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data 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 return on equity of 135.46% and a net margin of 27.62%. The company had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same period in the previous year, the firm posted $1.57 EPS. Apple’s revenue was up 16.4% compared to the same quarter last year. Sell-side analysts expect that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were issued 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 dividend yield of 0.3%. Apple’s dividend payout ratio is presently 12.39%.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand is the main catalyst. Preorders for the $1,999 foldable reportedly sold out quickly, with delivery dates extending into 2027. DigiTimes reported that Apple raised its 12-month shipment target by 44% to 14 million units, up from an initial 9.7 million. iPhone Duo preorder surge prompts Apple to raise shipment targets
• Positive Sentiment: The foldable launches Friday with supply constrained. Limited store inventory, combined with online backorders, could support near-term pricing power and signal meaningful demand for a new premium product category. Apple bets iPhone Duo can remake foldable market
• Positive Sentiment: Apple is increasingly viewed as an AI “safe haven.” Investors are favoring the company’s substantial cash generation and device-focused AI strategy over rivals committing enormous sums to centralized data centers. Berkshire Hathaway’s continued large Apple holding also reinforces the stock’s defensive appeal. Apple’s Cash Flow Machine Makes It Investors’ Favorite AI Hedge
• Positive Sentiment: Additional growth opportunities are emerging. Apple is expanding its smart-home ecosystem with Schneider Electric and has another product event scheduled for October 28, potentially providing further catalysts. Schneider Electric teams up with Apple on smart-home products
• Neutral Sentiment: Valuation remains the key debate. Apple’s approximately 40 times earnings multiple and $5 trillion valuation leave investors dependent on strong holiday sales, expanding margins and sustained product growth. Analysts remain divided, with some projecting another major growth phase while others see limited upside.
• Negative Sentiment: Loop Capital downgraded AAPL to Hold over valuation and concerns about iPhone shipment prospects, creating a counterweight to the upbeat foldable-phone reports. Apple slips as Loop Capital downgrades on iPhone shipment concerns
• Negative Sentiment: Insider selling and ETF outflows add modest pressure. SVP Jennifer Newstead sold 2,399 shares worth about $815,000, while reports also cited net ETF selling and additional insider transactions. These trades are relatively small compared with Apple’s size but may reinforce valuation concerns.

Analyst Ratings Changes

AAPL has been the subject of several recent analyst reports. UBS Group restated a “neutral” rating on shares of Apple in a research note on Tuesday, October 6th. Yorkville Ives assumed coverage on Apple in a report on Tuesday, October 6th. They issued an “outperform” rating and a $400.00 price target for the company. Rothschild & Co Redburn set a $400.00 price target on Apple and gave the stock a “buy” rating in a research report on Monday, August 17th. Rosenblatt Securities reissued a “neutral” rating and issued a $303.00 price objective on shares of Apple in a report on Thursday, September 10th. Finally, Needham & Company LLC restated a “hold” rating on shares of Apple in a research report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $340.12.

About Apple

Apple Inc designs, develops and sells 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 applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.