Apple Inc. $AAPL Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 10.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 753,700 shares of the iPhone maker’s stock after acquiring an additional 70,100 shares during the period. Apple makes up about 7.6% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio, making the stock its 2nd largest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Apple were worth $191,176,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group bought a new position in Apple in the first quarter valued at approximately $13,958,000. Ethos Financial Group LLC lifted its stake in Apple by 1.5% during the first quarter. Ethos Financial Group LLC now owns 86,024 shares of the iPhone maker’s stock worth $22,050,000 after purchasing an additional 1,252 shares during the last quarter. Signet Financial Management LLC lifted its stake in Apple by 0.8% during the first quarter. Signet Financial Management LLC now owns 116,580 shares of the iPhone maker’s stock worth $29,587,000 after purchasing an additional 880 shares during the last quarter. Advisors Preferred LLC boosted its holdings in shares of Apple by 5.1% in the 1st quarter. Advisors Preferred LLC now owns 42,263 shares of the iPhone maker’s stock valued at $10,726,000 after purchasing an additional 2,063 shares in the last quarter. Finally, Conservest Capital Advisors Inc. boosted its holdings in shares of Apple by 1.8% in the 1st quarter. Conservest Capital Advisors Inc. now owns 18,561 shares of the iPhone maker’s stock valued at $4,710,000 after purchasing an additional 324 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Buying and Selling at Apple

In other news, insider Ben Borders sold 116 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider owned 38,713 shares of the company’s stock, valued at $11,425,754.82. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.06% of the company’s stock.

Apple Stock Down 1.4%

Shares of AAPL opened at $333.43 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07. Apple Inc. has a 52 week low of $201.50 and a 52 week high of $344.57. The stock has a market capitalization of $4.90 trillion, a price-to-earnings ratio of 40.32, a PEG ratio of 2.92 and a beta of 1.10. The stock has a fifty day moving average of $309.51 and a 200-day moving average of $281.25.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.13. Apple had a return on equity of 146.69% and a net margin of 27.15%.The business had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same quarter in the previous year, the company posted $1.57 EPS. Apple’s quarterly revenue was up 16.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, August 10th. Apple’s payout ratio is 13.06%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Rosenblatt Securities reiterated a “neutral” rating and issued a $276.00 price target on shares of Apple in a research note on Tuesday, June 9th. BNP Paribas Exane raised Apple from a “neutral” rating to an “outperform” rating and set a $300.00 price objective on the stock in a research note on Friday, April 17th. DA Davidson reiterated a “neutral” rating and issued a $270.00 target price on shares of Apple in a research report on Friday, May 1st. Royal Bank Of Canada set a $365.00 target price on Apple in a research note on Wednesday, July 15th. Finally, Monness Crespi & Hardt increased their target price on shares of Apple from $315.00 to $335.00 and gave the stock a “buy” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $327.40.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported record June-quarter revenue of approximately $109.4 billion, up 16% year over year, while diluted EPS of $2.02 rose 29% and exceeded Wall Street expectations. Strong iPhone and Mac sales drove the results. Apple reports third quarter results
• Positive Sentiment: The company said its active installed base reached an all-time high, and iPhone, Mac and Services each posted June-quarter revenue records. Apple also declared a quarterly dividend of $0.27 per share. Apple Q3 revenue rises
• Neutral Sentiment: Apple indicated that a revamped Siri could eventually become a paid service for heavy users, offering a potential long-term monetization opportunity as the company expands its consumer-AI strategy. Tim Cook says Apple may charge for AI Siri
• Neutral Sentiment: Thursday marked Tim Cook’s final earnings call as CEO before he steps down in September, adding leadership-transition uncertainty despite incoming CEO John Ternus’s expected continuity.
• Negative Sentiment: Apple’s fiscal fourth-quarter revenue outlook of $111.7 billion to $113.7 billion was below the roughly $114.3 billion consensus estimate. The cautious forecast is a key reason the stock has decreased despite the quarterly beat.
• Negative Sentiment: The generative-AI hardware boom is driving severe memory and component shortages. Apple is stockpiling inventory, but CEO Tim Cook warned that the impact of higher memory prices will worsen, pressuring product margins and potentially requiring further price increases. The quarter’s 50.1% gross margin benefited by about two percentage points from tariff refunds, a benefit that may not recur. Apple stockpiles inventory
• Negative Sentiment: Services revenue missed expectations, with Apple citing a slowdown in gaming and the effects of App Store changes. Weaker-than-expected China performance also raised concerns about regional demand and competition.
• Negative Sentiment: With Apple valued near $5 trillion and trading at roughly 40 times earnings, investors had set very high expectations. That premium leaves less room for disappointment in growth, margins or guidance. Apple forecasts slower growth

Apple 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.