28,334 Shares in Apple Inc. $AAPL Acquired by Redwood Family Wealth LLC

Posted by Hanz Christensen on Jun 23rd, 2026

Redwood Family Wealth LLC purchased a new position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 28,334 shares of the iPhone maker’s stock, valued at approximately $7,703,000. Apple accounts for 7.6% of Redwood Family Wealth LLC’s portfolio, making the stock its 2nd largest holding.

A number of other hedge funds also recently made changes to their positions in AAPL. ROSS JOHNSON & Associates LLC boosted its holdings in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after acquiring an additional 180 shares during the last quarter. Timmons Wealth Management LLC acquired a new stake in Apple during the fourth quarter worth about $69,000. LSV Asset Management purchased a new position in shares of Apple in the 4th quarter worth about $65,000. Inspire Investing LLC purchased a new position in shares of Apple in the 4th quarter worth about $76,000. Finally, Basso Capital Management L.P. purchased a new stake in shares of Apple during the 4th quarter worth about $88,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Stock Down 0.3%

NASDAQ AAPL opened at $297.01 on Tuesday. The stock has a market cap of $4.36 trillion, a PE ratio of 35.91, a P/E/G ratio of 2.59 and a beta of 1.09. Apple Inc. has a fifty-two week low of $198.96 and a fifty-two week high of $317.40. The business has a 50 day moving average price of $290.46 and a two-hundred day moving average price of $272.98. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. The company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.65 earnings per share. As a group, sell-side analysts predict that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is 13.06%.

Key Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: Bank of America said Apple’s WWDC 2026 AI announcements were a “material positive reset,” citing a more capable Siri that can understand context, screen content, and execute actions across apps and devices. Apple’s WWDC 2026 AI strategy reset viewed positively by Bank of America
Positive Sentiment: Analysts continue to point to Apple’s expanding enterprise footprint, AI push, and business tools as drivers that could support device shipments and sustained sales growth. Apple’s Expanding Enterprise Footprint to Boost Sales: What’s Ahead?
Neutral Sentiment: Apple’s rumored chip partnership with Intel is being framed as a long-term domestic manufacturing catalyst, but it remains unconfirmed and more relevant to Intel’s rally than to Apple’s near-term fundamentals. Intel’s Surge on an Apple Chip Deal Means Investors Are Betting on Its Foundry
Neutral Sentiment: A recent congressional trading report noted activity in several Magnificent Seven names, including Apple, but the disclosure did not indicate a company-specific operational change. New Congressman Is Selling Stocks: Here’s The Six Magnificent Seven Names He Ditched
Negative Sentiment: Tim Cook warned that Apple can no longer fully absorb rising memory chip costs, making product price hikes increasingly likely and raising margin concerns for investors. Tim Cook Warns Apple Product Price Hikes Are Unavoidable Due to Higher Chip Costs. What That Means for AAPL Stock.
Negative Sentiment: KGI Securities downgraded Apple to Neutral, saying the stock’s recent rally leaves limited upside from current levels. Apple stock hit with major Wall Street downgrade

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AAPL shares. Wedbush reissued an “outperform” rating and set a $400.00 target price on shares of Apple in a research report on Friday, June 5th. Wells Fargo & Company reiterated an “overweight” rating and set a $310.00 price objective (up from $300.00) on shares of Apple in a research note on Friday, May 1st. Barclays reissued an “underweight” rating on shares of Apple in a research report on Tuesday, June 9th. KGI Securities downgraded shares of Apple from an “outperform” rating to a “hold” rating and set a $315.00 target price on the stock. in a research note on Monday. Finally, Oppenheimer restated a “market perform” rating on shares of Apple in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $314.85.

Check Out Our Latest Report on Apple

Insider Activity

In other Apple news, CFO Kevan Parekh sold 1,534 shares of the stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the sale, the chief financial officer directly owned 13,366 shares of the company’s stock, valued at approximately $3,675,650. This represents a 10.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ben Borders sold 116 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the sale, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This trade represents a 0.30% 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 quarter, insiders sold 97,875 shares of company stock worth $24,998,541. Corporate insiders own 0.06% of the company’s stock.

Apple Company Profile

(Free Report)

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.