JB Capital LLC Has $36.59 Million Stock Position in Apple Inc. $AAPL

JB Capital LLC reduced its stake in Apple Inc. (NASDAQ:AAPL) by 7.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 143,697 shares of the iPhone maker’s stock after selling 10,897 shares during the quarter. Apple makes up approximately 1.6% of JB Capital LLC’s holdings, making the stock its 14th biggest holding. JB Capital LLC’s holdings in Apple were worth $36,590,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of AAPL. Ryan Investment Management Inc. bought a new position in shares of Apple during the second quarter valued at $31,000. ROSS JOHNSON & Associates LLC increased its position in shares of Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after purchasing an additional 180 shares in the last quarter. Nexus Investment Management ULC lifted its holdings in Apple by 333.3% during the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker’s stock valued at $53,000 after purchasing an additional 200 shares during the last quarter. LSV Asset Management acquired a new position in Apple in the fourth quarter valued at about $65,000. Finally, Morgan Dempsey Capital Management LLC grew its stake in Apple by 41.0% during the second quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker’s stock worth $88,000 after buying an additional 125 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple Price Performance

Shares of AAPL stock opened at $258.21 on Friday. The firm has a market cap of $3.80 trillion, a price-to-earnings ratio of 34.57, a PEG ratio of 2.43 and a beta of 1.09. Apple Inc. has a 12 month low of $169.21 and a 12 month high of $288.62. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average price of $272.05 and a 200 day moving average price of $248.13.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, October 30th. The iPhone maker reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.11. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company had revenue of $102.47 billion for the quarter, compared to the consensus estimate of $101.65 billion. During the same period in the prior year, the company posted $1.64 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. Research analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 13th. Shareholders of record on Monday, November 10th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, November 10th. Apple’s payout ratio is currently 13.92%.

Insider Activity at Apple

In other Apple news, insider Chris Kondo sold 3,752 shares of the company’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $271.23, for a total transaction of $1,017,654.96. Following the completion of the sale, the insider owned 15,098 shares in the company, valued at approximately $4,095,030.54. The trade was a 19.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

AAPL has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Apple in a research note on Monday, December 29th. Melius raised their price target on Apple from $290.00 to $345.00 and gave the company a “buy” rating in a report on Friday, October 31st. Cowen reiterated a “buy” rating on shares of Apple in a research report on Monday, October 27th. Evercore ISI restated an “outperform” rating and set a $330.00 target price (up previously from $325.00) on shares of Apple in a report on Friday, January 9th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $283.36 price target on shares of Apple in a report on Wednesday, December 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Apple currently has a consensus rating of “Moderate Buy” and a consensus target price of $284.07.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s move to run Google’s Gemini models for Siri and Apple Intelligence is being framed as a major capability boost that should accelerate Apple’s AI roadmap and services monetization. Siri to Get Smarter With Gemini: The ETF Playbook for Investors
• Positive Sentiment: Apple launched Creator Studio — a $12.99/mo bundle for creators — which targets higher-margin recurring services revenue and competitive ground vs. Adobe. This supports the services-growth narrative. Apple bundles creative apps into $13-a-month subscription
• Positive Sentiment: Bullish analyst commentary persists (e.g., Dan Ives projecting material upside), which keeps conviction among growth-oriented investors despite recent pullbacks. How Apple Stock Could Add $100 Per Share in 2026 and Beyond
• Neutral Sentiment: Goldman Sachs’ move away from Apple Card highlights shifting dynamics in Apple’s financial-services partnership; it’s more a partner/earnings update for Goldman than an immediate earnings shock for Apple. Goldman Sachs Leans Into Post-Apple Card Strategy
• Negative Sentiment: India has issued a final warning and signaled it may proceed with an antitrust case — a development that raises regulatory and potential fines risk in a large growth market. India warns Apple it will proceed with antitrust case
• Negative Sentiment: Press reports flag a potential multi‑billion fine scenario and ongoing antitrust scrutiny in India — headline risk that can weigh on sentiment even if outcomes are uncertain. Apple Stock Unfazed despite Potential $38 Billion Fine from India
• Negative Sentiment: Supply-chain pressures: soaring memory/storage prices and shortages of a chipboard material could raise component costs or constrain production for some products. That’s a margin and supply-risk headwind to watch. Apple and tech hardware stocks face ‘crisis’ as memory prices soar AI Demand Triggers Chip Material Shortage for Apple
• Negative Sentiment: Some investors/strategists view the Google Gemini deal as evidence of Apple’s reliance on external AI providers — a critique that raises questions about Apple’s competitive independence and long-term foundation-model strategy. Cathie Wood’s ARK: Apple’s reliance on Google for AI signals deeper trouble

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.