Apple Inc. $AAPL Shares Acquired by Terra Nova Asset Management LLC

Terra Nova Asset Management LLC boosted its position in Apple Inc. (NASDAQ:AAPL) by 53.1% during the third quarter, Holdings Channel reports. The institutional investor owned 18,214 shares of the iPhone maker’s stock after purchasing an additional 6,316 shares during the quarter. Apple comprises approximately 4.0% of Terra Nova Asset Management LLC’s portfolio, making the stock its 4th largest holding. Terra Nova Asset Management LLC’s holdings in Apple were worth $5,755,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC grew its stake in shares of Apple by 15.4% in the third quarter. NorthCrest Asset Manangement LLC now owns 542,787 shares of the iPhone maker’s stock valued at $182,216,000 after buying an additional 72,305 shares in the last quarter. Haven Capital Group Inc. increased its holdings in Apple by 0.4% during the third quarter. Haven Capital Group Inc. now owns 41,123 shares of the iPhone maker’s stock worth $13,695,000 after buying an additional 147 shares during the last quarter. JGP Wealth Management LLC increased its holdings in Apple by 0.3% during the third quarter. JGP Wealth Management LLC now owns 233,607 shares of the iPhone maker’s stock worth $77,796,000 after buying an additional 789 shares during the last quarter. Sacks & Associates LLC acquired a new position in Apple during the third quarter worth $448,000. Finally, HF Advisory Group LLC raised its position in Apple by 7.3% during the third quarter. HF Advisory Group LLC now owns 11,290 shares of the iPhone maker’s stock worth $3,660,000 after acquiring an additional 765 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Insider Activity

In related news, insider Ben Borders sold 1,280 shares of the business’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $345.40, for a total value of $442,112.00. Following the sale, the insider owned 38,288 shares of the company’s stock, valued at $13,224,675.20. The trade was a 3.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were 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 owned 59,567 shares in the company, valued at $19,832,236.98. This trade represents a 29.90% 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 sold 284,454 shares of company stock worth $94,662,594. Company insiders own 0.06% of the company’s stock.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $343.99 on Thursday. The firm has a 50 day moving average of $328.05 and a 200-day moving average of $308.42. The stock has a market capitalization of $5.02 trillion, a PE ratio of 39.45, a PEG ratio of 2.69 and a beta of 1.07. 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 Inc. has a 12 month low of $243.42 and a 12 month high of $348.15.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.13. The business had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%. Apple’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.57 EPS. On average, equities research analysts predict that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple’s dividend payout ratio (DPR) is currently 12.39%.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand: Apple said only limited quantities of its $1,999 foldable iPhone Duo will be available for walk-in customers when it launches October 23. Online orders reportedly sold out within minutes, with some delivery estimates extending into January 2027. The demand signals support premium pricing and could make the new product a meaningful revenue catalyst. Apple will have limited iPhone Duo units available in stores
• Positive Sentiment: Upcoming product catalyst: Apple’s October 28 event is expected to feature new Pro Macs, potentially including a touchscreen MacBook Pro and M6-powered systems. A successful launch could strengthen expectations for renewed Mac growth and broaden Apple’s hardware lineup. Apple product event scheduled for October 28
• Positive Sentiment: Expansion and ecosystem support: Apple’s India business reportedly delivered 31% revenue growth and 66% profit growth in fiscal 2026. Separately, Apple Wallet car-key support is expanding to selected General Motors vehicles, extending the reach of Apple’s services ecosystem.
• Neutral Sentiment: Supply-chain investment: Apple plans to commit up to $100 million to a U.S. titanium supplier over three years. The move may improve domestic sourcing and support iPhone Duo production, but it also highlights manufacturing constraints and does not immediately change earnings expectations. Apple commits to U.S. titanium manufacturing
• Neutral Sentiment: Insider selling: Two Apple insiders sold shares, with at least one transaction identified as covering tax withholding on vested equity awards. The sales are relatively small and do not clearly indicate weakening confidence.
• Negative Sentiment: Downgrade and valuation concerns: Loop Capital cut AAPL to Hold and lowered its price target to $330, citing weaker iPhone shipment expectations. UBS also warned that rising memory and component costs could pressure gross margins ahead of the November 2 earnings report. With Apple trading at roughly 39 times earnings and near its annual high, investors may demand stronger growth to justify the premium valuation. Loop Capital downgrades Apple on iPhone concerns
• Negative Sentiment: Regulatory risk: UK competition regulators are proposing easier access for rival contactless payment services on the iPhone, which could increase competition for Apple Pay and modestly weaken the services ecosystem.

Wall Street Analyst Weigh In

AAPL has been the subject of a number of analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $350.00 price objective (up from $310.00) on shares of Apple in a research report on Friday, July 31st. TD Cowen reaffirmed a “buy” rating and issued a $400.00 target price on shares of Apple in a report on Thursday, September 10th. BTIG Research began coverage on shares of Apple in a report on Monday, August 17th. They issued a “neutral” rating on the stock. Yorkville Ives began coverage on shares of Apple in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $400.00 target price for the company. Finally, Arete Research raised their target price on shares of Apple from $305.00 to $335.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.