University of Texas Texas AM Investment Management Co. Purchases 104,212 Shares of Apple Inc. $AAPL

University of Texas Texas AM Investment Management Co. raised its position in Apple Inc. (NASDAQ:AAPL) by 2,219.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 108,908 shares of the iPhone maker’s stock after purchasing an additional 104,212 shares during the quarter. Apple comprises 4.2% of University of Texas Texas AM Investment Management Co.’s investment portfolio, making the stock its 3rd biggest position. University of Texas Texas AM Investment Management Co.’s holdings in Apple were worth $29,608,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Isthmus Partners LLC boosted its holdings in Apple by 6.4% in the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock valued at $25,000 after purchasing an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC boosted its holdings in Apple by 110.9% in the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after purchasing an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC boosted its holdings in Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after purchasing an additional 180 shares during the last quarter. LSV Asset Management acquired a new position in Apple in the 4th quarter valued at about $65,000. Finally, Timmons Wealth Management LLC acquired a new position in Apple in the 4th quarter valued at about $69,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Apple

In related news, CEO Timothy D. Cook sold 64,949 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $254.23, for a total transaction of $16,511,984.27. Following the sale, the chief executive officer directly owned 3,280,418 shares of the company’s stock, valued at $833,980,668.14. This represents a 1.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ben Borders sold 1,274 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was 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 approximately $11,226,770. The trade was a 3.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 97,759 shares of company stock valued at $24,964,305 in the last 90 days. Corporate insiders own 0.06% of the company’s stock.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Wall Street is warming to Apple’s AI strategy after WWDC, with analysts saying Siri AI and related upgrades could help drive new Services revenue and support a longer-term stock rebound. Apple’s AI Plans Are Finally Taking Shape. Here’s What That Means for AAPL Stock.
• Positive Sentiment: Reports that Apple is planning a broader 2027 product push — including camera-equipped AirPods, a foldable iPhone, and AI-enabled accessories — reinforce the idea that the company has multiple growth catalysts ahead. Apple (AAPL) Faces Italy DMA Probe Over Cloud Interoperability
• Positive Sentiment: Several reports note that Apple shares have been recovering after the initial WWDC reaction, suggesting the market may be concluding the AI rollout is more promising than first feared. Apple Stock Is Down After WWDC. There’s More to Its AI Strategy Than Meets the Eye.
• Neutral Sentiment: Apple’s supplier Tata Electronics said India’s pollution board dropped scrutiny of its iPhone parts plant after contamination concerns were addressed, removing a potential supply-chain distraction. Tata says India pollution board drops scrutiny of Apple iPhone parts plant
• Neutral Sentiment: Apple is reportedly considering changes to its Hide My Email feature, which could make it less effective but may also help apps and websites limit abuse from anonymous sign-ups. Apple plans to change its Hide My Email privacy feature that could make it less effective
• Negative Sentiment: Italy’s competition authority opened a Digital Markets Act probe into Apple’s cloud interoperability practices, raising fresh regulatory risk in Europe and potential pressure on Apple’s ecosystem controls. Italian Competition Watchdog Launches Investigation Into Apple’s Cloud Service Practices (AAPL)
• Negative Sentiment: Rising memory-chip costs could squeeze margins as Apple’s AI features require more powerful hardware, adding a near-term profitability concern. Rising Memory Costs Test Apple Margins As AI Demands More Hardware

Analyst Ratings Changes

AAPL has been the topic of several recent analyst reports. Moffett Nathanson boosted their target price on shares of Apple from $241.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Jefferies Financial Group reissued a “hold” rating on shares of Apple in a research note on Tuesday, June 9th. Rosenblatt Securities reissued a “neutral” rating and issued a $276.00 price target on shares of Apple in a research note on Tuesday, June 9th. Oppenheimer reissued a “market perform” rating on shares of Apple in a research note on Tuesday, June 9th. Finally, Citigroup reissued a “buy” rating on shares of Apple in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $314.59.

Apple Price Performance

Apple stock opened at $299.24 on Wednesday. The company’s 50 day simple moving average is $287.32 and its 200-day simple moving average is $272.54. The company has a market capitalization of $4.40 trillion, a price-to-earnings ratio of 36.18, a price-to-earnings-growth ratio of 2.58 and a beta of 1.09. Apple Inc. has a 1 year low of $195.07 and a 1 year high of $317.40. 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 (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. The business had revenue of $111.18 billion for the quarter, compared to the consensus estimate of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The business’s revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.65 EPS. As a group, equities research analysts expect that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is currently 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.