Apple Inc. $AAPL Shares Bought by OceanIQ Capital LLC

OceanIQ Capital LLC increased its position in Apple Inc. (NASDAQ:AAPL) by 32.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,067 shares of the iPhone maker’s stock after purchasing an additional 7,770 shares during the period. Apple makes up 5.5% of OceanIQ Capital LLC’s investment portfolio, making the stock its 3rd largest holding. OceanIQ Capital LLC’s holdings in Apple were worth $10,943,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Avenir Tech Ltd acquired a new position in shares of Apple during the second quarter valued at about $29,000. Ironwood Wealth Management Inc. bought a new stake in shares of Apple during the third quarter worth about $34,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Apple in the 2nd quarter worth about $30,000. ABS Investment Management LLC acquired a new stake in shares of Apple in the 2nd quarter worth about $376,168,000. Finally, Bamco Inc. NY bought a new position in Apple in the 2nd quarter valued at about $118,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported fiscal fourth-quarter revenue of $114.48 billion, up 12% year over year and above the approximately $113.4 billion consensus estimate. Diluted EPS of $2.10 also exceeded expectations near $1.99. Apple results beat Wall Street expectations on strong iPhone sales
• Positive Sentiment: Growth was led by early demand for the iPhone 18 Pro lineup, with iPhone revenue reaching $57.6 billion, up 17%, while Mac sales and Services also set records. Apple’s active installed base reached an all-time high, supporting its ecosystem and recurring-revenue outlook. Apple Q4 earnings call: Ternus breaks down excellent quarter
• Positive Sentiment: Relatively light quarterly capital spending of $2.24 billion, below the expected $3.33 billion, reinforces Apple’s cash-generation and capital-discipline story as other technology companies spend heavily on AI infrastructure. Big quarterly beats after the close
• Neutral Sentiment: The report was the first under CEO John Ternus. His defense of Apple’s measured AI strategy may appeal to investors seeking profitable, product-focused AI development, but it leaves the company with less visible AI investment than major rivals.
• Negative Sentiment: China revenue fell short of projections, while iPad and Wearables, Home and Accessories sales missed estimates. These weaknesses offset the iPhone and Mac strength and raised concerns about regional and product-line momentum. New CEO John Ternus delivers an Apple earnings beat
• Negative Sentiment: Memory-chip inflation and component shortages threaten future gross margins. Apple’s inventory rose from $11.09 billion to $14.54 billion during the quarter, suggesting the company is stockpiling components but also tying up more cash. Apple inventory surges as memory chip costs climb
• Negative Sentiment: EPS benefited from a roughly $0.05-per-share tariff refund, and gross margin received an approximately one-percentage-point boost. Investors may therefore view part of the earnings beat as one-time rather than purely operational. Apple reports fourth quarter results

Apple Price Performance

Shares of NASDAQ AAPL opened at $338.32 on Tuesday. The company has a market capitalization of $4.94 trillion, a PE ratio of 38.80, a PEG ratio of 2.72 and a beta of 1.07. 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 stock’s 50 day moving average price is $333.62 and its 200-day moving average price is $296.77. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $351.73.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Monday, November 2nd. The iPhone maker reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.11. The company had revenue of $114.48 billion during the quarter, compared to the consensus estimate of $113.40 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%. Apple’s revenue was up 11.7% on a year-over-year basis. During the same period last year, the business posted $1.85 earnings per share. On average, equities analysts anticipate that Apple Inc. will post 8.75 EPS for the current year.

Insider Activity

In related news, CEO John Ternus sold 25,412 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the transaction, the chief executive officer owned 59,567 shares in the company, valued at approximately $19,832,236.98. This represents a 29.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $343.36, for a total transaction of $823,720.64. Following the sale, the senior vice president owned 32,396 shares of the company’s stock, valued at $11,123,490.56. This trade represents a 6.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 289,252 shares of company stock worth $96,301,063. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

AAPL has been the subject of a number of recent research reports. Maxim Group boosted their price objective on Apple from $350.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Weiss Ratings upgraded Apple from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Royal Bank Of Canada set a $365.00 target price on Apple in a research report on Wednesday, July 15th. BTIG Research assumed coverage on Apple in a report on Monday, August 17th. They set a “neutral” rating for the company. Finally, Jefferies Financial Group restated an “underperform” rating on shares of Apple in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $340.49.

Apple Company Profile

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.