NWM Advisors LLC Makes New $5.18 Million Investment in Apple Inc. $AAPL

NWM Advisors LLC purchased a new position in shares of Apple Inc. (NASDAQ:AAPL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 19,040 shares of the iPhone maker’s stock, valued at approximately $5,176,000. Apple comprises about 4.5% of NWM Advisors LLC’s investment portfolio, making the stock its 5th biggest position.

Several other institutional investors have also recently made changes to their positions in the stock. Flagship Private Wealth LLC increased its position in shares of Apple by 1.4% during the 4th quarter. Flagship Private Wealth LLC now owns 3,947 shares of the iPhone maker’s stock worth $1,073,000 after purchasing an additional 53 shares during the last quarter. Ebert Capital Management Inc. acquired a new position in shares of Apple during the 4th quarter worth approximately $1,855,000. Pandora Wealth Inc. increased its position in shares of Apple by 0.7% during the 4th quarter. Pandora Wealth Inc. now owns 64,798 shares of the iPhone maker’s stock worth $17,616,000 after purchasing an additional 445 shares during the last quarter. EWA LLC increased its position in shares of Apple by 57.6% during the 4th quarter. EWA LLC now owns 50,485 shares of the iPhone maker’s stock worth $13,725,000 after purchasing an additional 18,449 shares during the last quarter. Finally, Northern Capital Management Inc. increased its position in shares of Apple by 1.1% during the 4th quarter. Northern Capital Management Inc. now owns 13,798 shares of the iPhone maker’s stock worth $3,751,000 after purchasing an additional 147 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Multiple analysts reiterated bullish views on Apple ahead of WWDC, including Goldman Sachs keeping a Buy rating with a $340 target and Evercore ISI lifting its target to $365, citing Apple’s AI roadmap, ecosystem strength, and services growth. Article Title
• Positive Sentiment: Investor expectations remain high that Apple will unveil major AI updates at WWDC, especially a rebuilt Siri and deeper Apple Intelligence features, which could extend the stock’s recent rally. Article Title
• Positive Sentiment: Reports suggest Apple may expand its ecosystem with a native bill-splitting/payment feature in iOS, which could deepen user engagement and strengthen its services revenue stream. Article Title
• Positive Sentiment: Commentary around Apple’s stock has been upbeat, with articles highlighting outperformance versus the S&P 500 and strong demand for iPhones and Macs ahead of the conference. Article Title
• Neutral Sentiment: UBS said not to expect fireworks from WWDC and kept a Neutral rating, suggesting the event may not deliver a near-term stock catalyst if announcements disappoint. Article Title
• Neutral Sentiment: Apple’s recent gains and all-time high have also prompted valuation concerns, with some analysts and commentators warning the shares may already price in a lot of good news. Article Title
• Negative Sentiment: Reuters reported that Apple agreed to submit India business financials in an antitrust case, keeping regulatory risk in focus and raising the possibility of penalties. Article Title
• Negative Sentiment: Competitive headlines from Nvidia, Walmart, and others show mounting pressure on parts of Apple’s ecosystem, including PCs and payments, which could weigh on sentiment if rivals gain traction. Article Title

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Rosenblatt Securities lifted their target price on Apple from $268.00 to $276.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Tigress Financial reiterated a “strong-buy” rating and set a $375.00 target price (up from $305.00) on shares of Apple in a research note on Thursday, May 14th. Citigroup reiterated a “buy” rating on shares of Apple in a research note on Monday. Wedbush reiterated an “outperform” rating and set a $400.00 target price (up from $350.00) on shares of Apple in a research note on Friday, May 8th. Finally, BNP Paribas Exane upgraded Apple from a “neutral” rating to an “outperform” rating and set a $300.00 target price for the company in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $312.82.

Insider Buying and Selling

In other Apple news, insider Ben Borders sold 1,274 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $290.00, for a total transaction of $369,460.00. Following the sale, the insider directly owned 38,713 shares in the company, valued at $11,226,770. This represents a 3.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Kevan Parekh sold 1,534 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total value of $421,850.00. Following the completion of the sale, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. This represents a 10.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 97,759 shares of company stock worth $24,964,305 in the last quarter. Insiders own 0.06% of the company’s stock.

Apple Stock Performance

NASDAQ:AAPL opened at $310.26 on Thursday. The stock has a market cap of $4.56 trillion, a P/E ratio of 37.52, a PEG ratio of 2.74 and a beta of 1.09. The stock has a 50 day simple moving average of $279.10 and a 200 day simple moving average of $270.84. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. Apple Inc. has a 1-year low of $195.07 and a 1-year high of $316.94.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.06. The business had revenue of $111.18 billion during the quarter, compared to analysts’ expectations of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period last year, the firm posted $1.65 EPS. Research analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current year.

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were paid a dividend of $0.27 per share. This is a boost from Apple’s previous quarterly dividend of $0.26. The ex-dividend date was Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio is 13.06%.

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.