Apple Inc. $AAPL Shares Bought by Hengehold Capital Management LLC

Hengehold Capital Management LLC grew its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 38.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 45,304 shares of the iPhone maker’s stock after buying an additional 12,667 shares during the period. Apple makes up approximately 1.2% of Hengehold Capital Management LLC’s investment portfolio, making the stock its 18th largest holding. Hengehold Capital Management LLC’s holdings in Apple were worth $15,087,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AAPL. Avenir Tech Ltd purchased a new stake in Apple during the second quarter worth $29,000. Ironwood Wealth Management Inc. purchased a new position in shares of Apple in the third quarter valued at $34,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Apple during the 2nd quarter worth $30,000. ABS Investment Management LLC acquired a new position in shares of Apple during the 2nd quarter worth $376,168,000. Finally, Bamco Inc. NY purchased a new stake in shares of Apple in the 2nd quarter worth about $118,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AAPL has been the subject of several recent research reports. DA Davidson restated a “neutral” rating and set a $270.00 target price on shares of Apple in a report on Wednesday, September 2nd. Bank of America reiterated a “buy” rating and issued a $370.00 price target on shares of Apple in a research report on Wednesday, September 23rd. Maxim Group raised their price objective on shares of Apple from $350.00 to $380.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. UBS Group reaffirmed a “neutral” rating on shares of Apple in a research note on Tuesday, October 6th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $340.49.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple acquired Ascension Labs, which operates as Ascend.io, gaining access to agentic artificial-intelligence talent and intellectual property. The deal supports Apple’s effort to strengthen its AI capabilities, although financial terms were not disclosed. Apple Acquires AI Firm Ascend.io Talent and Patents
• Positive Sentiment: Demand indicators remain supportive: the foldable iPhone Duo reportedly sold out quickly, orders are backed up, and Apple is positioned to benefit from strong iPhone, Mac and Services demand. Analysts including Bank of America and Goldman Sachs remain constructive, with BofA reiterating a Buy rating and a $370 price target. Analyst Reiterates Buy on Apple
• Positive Sentiment: The first touchscreen MacBook Pro, equipped with OLED displays and M5 Pro or M5 Max chips, expands Apple’s premium hardware lineup and could support a new product-cycle catalyst. Apple Shows First Touchscreen Laptops
• Neutral Sentiment: Apple’s earnings report is the immediate focus. Investors will look for evidence that revenue growth, Services momentum and AI investments can offset rising component costs and potentially slower holiday growth. Options activity suggests substantial volatility around the release. Apple November 2 Earnings Preview
• Negative Sentiment: AI-related demand has sharply increased flash-memory prices, raising concerns that Apple’s gross margin will come under pressure. Qualcomm also indicated that Apple-related revenue is declining faster than previously expected, reinforcing concerns about the pace of future iPhone growth. AI Has Made Flash Memory More Expensive
• Negative Sentiment: At roughly 40 times earnings and near its yearly high, Apple has limited room for an earnings or guidance disappointment. A senior vice president’s repeated stock sales and a South Korean fine related to app-market practices add modest additional caution. Apple Insider Selling

Apple Stock Performance

Shares of AAPL stock opened at $344.63 on Friday. Apple Inc. has a one year low of $243.42 and a one year high of $351.73. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The company has a 50 day moving average price of $333.04 and a 200 day moving average price of $296.38. The firm has a market capitalization of $5.03 trillion, a price-to-earnings ratio of 39.52, a price-to-earnings-growth ratio of 2.73 and a beta of 1.07.

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

Insider Buying and Selling

In related news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total value of $806,495.82. Following the completion of the sale, the senior vice president owned 41,992 shares in the company, valued at approximately $14,116,870.56. The trade was a 5.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John Ternus sold 25,412 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the sale, the chief executive officer directly owned 59,567 shares of the company’s stock, valued at $19,832,236.98. The trade was a 29.90% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 289,252 shares of company stock valued at $96,301,063. Insiders own 0.06% of the company’s stock.

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.