Vaughan David Investments LLC IL Purchases 2,635 Shares of Apple Inc. $AAPL

Vaughan David Investments LLC IL grew its position in shares of Apple Inc. (NASDAQ:AAPL) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,584 shares of the iPhone maker’s stock after buying an additional 2,635 shares during the period. Vaughan David Investments LLC IL’s holdings in Apple were worth $8,586,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of AAPL. Isthmus Partners LLC increased its position in shares of Apple by 6.4% in the third quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock worth $25,000 after purchasing an additional 5,808 shares during the period. Sellwood Investment Partners LLC increased its position in shares of Apple by 110.9% in the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock worth $34,000 after purchasing an additional 71 shares during the period. ROSS JOHNSON & Associates LLC increased its position in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after purchasing an additional 180 shares during the period. LSV Asset Management bought a new position in shares of Apple in the fourth quarter worth $65,000. Finally, 49 Wealth Management LLC increased its position in shares of Apple by 15.7% in the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker’s stock worth $76,000 after purchasing an additional 40,543 shares during the period. Institutional investors own 67.73% of the company’s stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Analysts and market commentators say Apple’s new Siri AI, stronger AI integration across iOS/macOS, and continued iPhone growth could support a longer-term upgrade cycle and services expansion. AI Integration and iPhone Growth Assert Apple Inc. (AAPL) as One of the Best Forever Stocks to Buy
• Positive Sentiment: Erste Group Bank raised its earnings estimates for Apple, signaling confidence in profit growth over the next two fiscal years.
• Positive Sentiment: Some investors see Apple as a durable large-cap holding with strong cash flow, margins, and a favorable balance sheet, which may help limit downside. Does Apple Stock Have More Upside?
• Neutral Sentiment: Several reports said the WWDC AI reveal was solid but not a major surprise, which may explain why the market’s reaction has been muted. Apple Unveils Siri AI. Here’s Why It’s Not Impressing Investors
• Neutral Sentiment: Media coverage noted that Siri’s upgrades are promising, but questions remain about whether they are enough to reaccelerate the stock near term. Siri upgrades show promise, but questions remain
• Neutral Sentiment: Jim Cramer and other commentators described Apple as one of the cleanest big-cap stories, but also suggested the broader market is cautious around the AI rollout timing. Apple’s AI News Underwhelms. Siri AI Release Concerns Persist.
• Negative Sentiment: Some analysts argue Apple’s AI announcement may not be enough to lift the stock because the monetization timeline is still unclear. Apple Just Introduced Next-Generation Siri AI at WWDC. Why That Might Not Be Enough to Give AAPL Stock a Boost.
• Negative Sentiment: Coverage from investors and traders suggests the market is still skeptical that Siri AI will materially change Apple’s competitive position versus rivals like Google, OpenAI, and Anthropic in the near term. Apple Just Delivered Bad News for OpenAI and Anthropic, but Alphabet Could Be a Winner

Insider Transactions at Apple

In other news, CEO Timothy D. Cook sold 64,949 shares of Apple stock in a transaction dated Thursday, April 2nd. The stock was 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 approximately $833,980,668.14. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Deirdre O’brien sold 30,002 shares of Apple stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total value of $7,661,010.70. Following the sale, the senior vice president directly owned 136,810 shares in the company, valued at $34,934,433.50. The trade was a 17.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 97,759 shares of company stock valued at $24,964,305. Company insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Robert W. Baird set a $310.00 price target on Apple in a research report on Friday, May 1st. Wedbush restated an “outperform” rating and issued a $400.00 price target on shares of Apple in a research report on Friday, June 5th. Tigress Financial restated a “strong-buy” rating and issued a $375.00 price target (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. Citigroup restated a “buy” rating on shares of Apple in a research report on Monday, June 1st. Finally, Moffett Nathanson raised their price objective on Apple from $241.00 to $270.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $314.59.

Apple Stock Performance

NASDAQ:AAPL opened at $295.63 on Friday. The stock’s 50-day simple moving average is $284.93 and its 200 day simple moving average is $272.14. The firm has a market capitalization of $4.34 trillion, a PE ratio of 35.75, a price-to-earnings-growth ratio of 2.54 and a beta of 1.09. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. Apple Inc. has a twelve month low of $195.07 and a twelve month high of $317.40.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same period last year, the firm posted $1.65 earnings per share. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. On average, analysts anticipate that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, May 11th. This is a positive change from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s payout ratio is 13.06%.

About Apple

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.