Apple Inc. $AAPL Shares Bought by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC raised its stake in shares of Apple Inc. (NASDAQ:AAPL) by 0.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 433,776 shares of the iPhone maker’s stock after acquiring an additional 2,894 shares during the quarter. Apple makes up 7.6% of Transcend Capital Advisors LLC’s portfolio, making the stock its biggest position. Transcend Capital Advisors LLC’s holdings in Apple were worth $110,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in AAPL. Financial Futures Ltd Liability Co. boosted its position in shares of Apple by 13.2% during the 2nd quarter. Financial Futures Ltd Liability Co. now owns 3,552 shares of the iPhone maker’s stock valued at $729,000 after purchasing an additional 415 shares in the last quarter. Monarch Capital Management Inc. lifted its holdings in shares of Apple by 4.6% in the second quarter. Monarch Capital Management Inc. now owns 66,967 shares of the iPhone maker’s stock valued at $13,740,000 after purchasing an additional 2,920 shares in the last quarter. Riverwater Partners LLC grew its stake in Apple by 17.9% during the 2nd quarter. Riverwater Partners LLC now owns 5,404 shares of the iPhone maker’s stock valued at $1,109,000 after acquiring an additional 819 shares in the last quarter. Highland Capital Management LLC boosted its stake in shares of Apple by 2.2% during the 3rd quarter. Highland Capital Management LLC now owns 397,834 shares of the iPhone maker’s stock valued at $101,301,000 after buying an additional 8,446 shares during the period. Finally, Citizens Financial Group Inc. RI grew its stake in Apple by 48.4% in the third quarter. Citizens Financial Group Inc. RI now owns 1,426,605 shares of the iPhone maker’s stock valued at $363,256,000 after purchasing an additional 465,393 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Multiple Wall Street analysts reiterated Buy ratings and raised targets, highlighting AI upside and services momentum that support a higher long‑term valuation. Apple: AI-Driven Upgrade Cycle and $340 Target (Bernstein) Sustained Services Momentum and $325 Target (BofA)
• Positive Sentiment: Product launches emphasize Apple’s AI/device strategy: new M5 MacBook Air/Pro with AI enhancements and an updated Studio Display—these support higher ASPs and longer upgrade cycles for professionals. Apple launches new MacBooks (Reuters)
• Positive Sentiment: Apple broadened its addressable market with a budget iPhone 17e ($599) and refreshed iPad Air—moves that help defend share in price‑sensitive markets and support unit volumes. iPhone 17e launch (Reuters)
• Neutral Sentiment: Short‑interest data reported in feeds is unreliable/zeroed out (odd NaN/0 values), so there’s no clear short‑squeeze story driving today’s action; ignore until confirmed by exchange filings.
• Negative Sentiment: Technical analysts flagged a severe bearish moving‑average crossover, with one commentator warning of a potential pullback toward ~$200—this can amplify selling by momentum/CTA funds. Bearish crossover warning (Finbold)
• Negative Sentiment: High‑profile selling by large investors (reports that Warren Buffett trimmed a substantial portion of his Apple stake) is weighing on sentiment and raising questions about near‑term demand expectations. Buffett trimmed Apple stake (Yahoo)
• Negative Sentiment: Apple raised MacBook prices amid a global memory‑chip shortage; while price hikes can protect margins, they risk suppressing unit growth and led to an intra‑day stock dip as investors digested demand risk. MacBook price increases (CNBC)

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Wedbush reiterated an “outperform” rating and set a $350.00 price target on shares of Apple in a research note on Tuesday, February 17th. Scotiabank set a $330.00 price objective on Apple in a report on Monday, February 2nd. Wall Street Zen cut shares of Apple from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. KGI Securities upgraded Apple to an “outperform” rating and set a $306.00 target price for the company in a research note on Friday, January 30th. Finally, Stephens set a $315.00 price objective on Apple in a research report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $296.07.

Apple Trading Down 0.4%

AAPL stock opened at $263.75 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.94 and a current ratio of 0.97. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62. The company’s 50-day simple moving average is $264.36 and its 200 day simple moving average is $260.05. The company has a market capitalization of $3.87 trillion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 2.36 and a beta of 1.10.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, beating the consensus estimate of $2.67 by $0.17. The firm had revenue of $143.76 billion for the quarter, compared to analyst estimates of $138.25 billion. Apple had a net margin of 27.04% and a return on equity of 159.94%. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same period last year, the firm earned $2.40 EPS. As a group, sell-side analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Monday, February 9th were given a dividend of $0.26 per share. The ex-dividend date was Monday, February 9th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Apple’s dividend payout ratio is 13.15%.

Apple Company 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.