Insider Selling: Apple (NASDAQ:AAPL) Insider Sells 1,280 Shares of Company Stock

Apple Inc. (NASDAQ:AAPL) insider Ben Borders sold 1,280 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $345.40, for a total transaction of $442,112.00. Following the sale, the insider owned 38,288 shares of the company’s stock, valued at approximately $13,224,675.20. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Apple Stock Down 0.2%

AAPL traded down $0.52 on Monday, reaching $342.94. 34,535,310 shares of the company traded hands, compared to its average volume of 48,554,250. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $348.15. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The company has a market cap of $5.00 trillion, a price-to-earnings ratio of 39.33, a PEG ratio of 2.72 and a beta of 1.07. The stock’s 50 day moving average price is $325.83 and its 200-day moving average price is $306.58.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating the consensus estimate of $1.89 by $0.13. The business had revenue of $109.42 billion during the quarter, compared to analysts’ expectations of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.57 EPS. On average, sell-side analysts expect that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on AAPL shares. UBS Group reiterated a “neutral” rating on shares of Apple in a research note on Tuesday, October 6th. Maxim Group raised their price objective on Apple from $350.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Barclays restated an “underweight” rating and issued a $245.00 target price (down from $253.00) on shares of Apple in a report on Friday, July 31st. Raymond James Financial reaffirmed a “market perform” rating on shares of Apple in a research report on Friday, July 31st. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Apple in a report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Apple currently has a consensus rating of “Moderate Buy” and an average target price of $341.81.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Preorders for Apple’s $1,999 foldable iPhone Duo reportedly sold out quickly, with delivery estimates extending into January 2027. Analysts described demand as strong, potentially supporting higher iPhone revenue and margins. Apple’s iPhone Duo Demand Soars as Deliveries Stretch Into January 2027
• Positive Sentiment: Bank of America reiterated a Buy rating and a $370 price target, citing robust iPhone Duo demand and Apple’s longer-term artificial-intelligence opportunity. JPMorgan also maintained an Overweight rating and a $360 target. Apple Maintained at Buy With Unchanged $370 Price Target
• Positive Sentiment: Apple announced a “Pro and Tell” event for October 28. Expectations for new Macs, including a possible touchscreen MacBook Pro, could create a near-term product catalyst and reinforce growth in the Mac business. Apple Announces Product Launch Event for Oct. 28
• Neutral Sentiment: Apple is reportedly developing a higher-end HomeView device with a robotic arm that could launch in 2027. The product may expand Apple’s smart-home ecosystem, but it remains an early-stage report. Apple Already Developing Higher-End HomeView
• Negative Sentiment: A KeyBanc survey indicated that consumer intentions to upgrade iPhones over the next year may weaken, despite better early iPhone 18 adoption. The concern is significant because AAPL trades near record highs at an elevated valuation. Apple Stock in Red: Why This Analyst Thinks iPhone Demand Will Weaken
• Negative Sentiment: UK regulators are expected to push Apple to allow alternative default payment services on the iPhone, potentially pressuring Apple Pay-related revenue and its control over the iOS ecosystem. UK Regulator Set to Push Apple to Open iPhone Payment Technology

Institutional Investors Weigh In On Apple

A number of hedge funds have recently bought and sold shares of the company. Tanager Wealth Management LLP raised its stake in shares of Apple by 3.4% in the third quarter. Tanager Wealth Management LLP now owns 69,765 shares of the iPhone maker’s stock valued at $23,233,000 after purchasing an additional 2,281 shares in the last quarter. Highland Financial Advisors LLC lifted its position in Apple by 5.2% in the third quarter. Highland Financial Advisors LLC now owns 8,079 shares of the iPhone maker’s stock worth $2,691,000 after purchasing an additional 400 shares during the period. Value Partners Investments Inc. boosted its stake in Apple by 10.3% during the third quarter. Value Partners Investments Inc. now owns 1,931 shares of the iPhone maker’s stock worth $645,000 after buying an additional 180 shares in the last quarter. Fairvoy Private Wealth LLC boosted its stake in Apple by 2.4% during the third quarter. Fairvoy Private Wealth LLC now owns 44,576 shares of the iPhone maker’s stock worth $14,845,000 after buying an additional 1,025 shares in the last quarter. Finally, Clark Financial Services Group Inc. BD increased its holdings in Apple by 1.1% in the 3rd quarter. Clark Financial Services Group Inc. BD now owns 27,189 shares of the iPhone maker’s stock valued at $9,055,000 after buying an additional 289 shares during the period. 67.73% of the stock is currently owned by institutional investors.

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.