Apple Inc. $AAPL Shares Acquired by Prairie Advisory LLC

Prairie Advisory LLC grew its position in shares of Apple Inc. (NASDAQ:AAPL) by 97.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,316 shares of the iPhone maker’s stock after acquiring an additional 40,190 shares during the quarter. Apple accounts for 3.1% of Prairie Advisory LLC’s holdings, making the stock its 10th biggest position. Prairie Advisory LLC’s holdings in Apple were worth $27,080,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in AAPL. Berkshire Hathaway Inc bought a new stake in Apple during the 2nd quarter worth about $65,950,297,000. Bank of America Corp DE acquired a new stake in shares of Apple in the second quarter valued at about $36,986,090,000. Legal & General Group Plc acquired a new position in shares of Apple during the 2nd quarter worth approximately $30,443,242,000. Deutsche Bank AG acquired a new position in Apple during the second quarter worth $13,658,359,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Apple during the second quarter worth $10,588,946,000. 67.73% of the stock is owned by institutional investors.

More 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

Analyst Ratings Changes

AAPL has been the topic of a number of research analyst reports. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Apple in a report on Wednesday, September 9th. DZ Bank cut Apple from a “buy” rating to a “hold” rating and set a $310.00 price target for the company. in a report on Tuesday, August 4th. Citigroup reissued a “buy” rating on shares of Apple in a research report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft downgraded Apple from a “buy” rating to a “hold” rating in a research report on Monday, August 17th. Finally, Bank of America restated a “buy” rating and issued a $370.00 price objective on shares of Apple in a research note on Wednesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-three 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 stock presently has an average rating of “Moderate Buy” and an average price target of $340.49.

Apple Stock Performance

NASDAQ:AAPL opened at $338.32 on Tuesday. The stock has a 50 day simple moving average of $333.62 and a 200 day simple moving average of $296.77. The stock has a market cap of $4.94 trillion, a P/E ratio of 38.80, a PEG ratio of 2.72 and a beta of 1.07. Apple Inc. has a 1-year low of $243.42 and a 1-year high of $351.73. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66.

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

Insider Transactions at Apple

In related news, insider Ben Borders sold 1,280 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $345.40, for a total value of $442,112.00. Following the completion of the sale, the insider directly owned 38,288 shares in the company, valued at approximately $13,224,675.20. The trade was a 3.23% decrease in their ownership of the stock. 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 Deirdre O’brien sold 46,389 shares of the firm’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total value of $15,467,020.38. Following the transaction, the senior vice president owned 136,810 shares in the company, valued at approximately $45,615,190.20. This trade represents a 25.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 289,252 shares of company stock worth $96,301,063. Company insiders own 0.06% of the company’s stock.

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.