Apple Inc. $AAPL Shares Purchased by N10 Wealth LLC

N10 Wealth LLC increased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 534.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 17,590 shares of the iPhone maker’s stock after acquiring an additional 14,816 shares during the quarter. Apple comprises about 1.6% of N10 Wealth LLC’s holdings, making the stock its 20th largest position. N10 Wealth LLC’s holdings in Apple were worth $5,858,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AAPL. Seelaus Asset Management LLC boosted its holdings in Apple by 9.6% in the third quarter. Seelaus Asset Management LLC now owns 37,675 shares of the iPhone maker’s stock valued at $12,407,000 after acquiring an additional 3,310 shares during the last quarter. ABLE Financial Group LLC grew its position in shares of Apple by 4.9% during the 3rd quarter. ABLE Financial Group LLC now owns 48,794 shares of the iPhone maker’s stock worth $16,249,000 after buying an additional 2,285 shares during the period. Aspen Wealth Management LLC grew its position in shares of Apple by 9.3% during the 3rd quarter. Aspen Wealth Management LLC now owns 15,239 shares of the iPhone maker’s stock worth $5,075,000 after buying an additional 1,294 shares during the period. Shore Point Advisors LLC increased its stake in shares of Apple by 36.0% in the 3rd quarter. Shore Point Advisors LLC now owns 5,588 shares of the iPhone maker’s stock valued at $1,810,000 after acquiring an additional 1,479 shares in the last quarter. Finally, Wealth Forward LLC lifted its position in shares of Apple by 0.3% during the 3rd quarter. Wealth Forward LLC now owns 13,327 shares of the iPhone maker’s stock valued at $4,438,000 after acquiring an additional 35 shares during the period. Institutional investors own 67.73% of the company’s stock.

Apple Stock Down 0.1%

AAPL stock opened at $347.73 on Friday. The stock has a 50-day simple moving average of $329.75 and a two-hundred day simple moving average of $309.34. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $5.07 trillion, a PE ratio of 39.88, a PEG ratio of 2.75 and a beta of 1.07. Apple Inc. has a twelve month low of $243.42 and a twelve month high of $351.73.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same period in the prior year, the company posted $1.57 EPS. The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. On average, equities analysts predict 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. Investors of record on Monday, August 10th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple’s dividend payout ratio (DPR) is currently 12.39%.

Insider Activity at Apple

In other news, SVP Deirdre O’brien sold 46,389 shares of Apple stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the completion of the sale, the senior vice president directly owned 136,810 shares of the company’s stock, valued at approximately $45,615,190.20. The trade was a 25.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 2,399 shares of the company’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $339.62, for a total value of $814,748.38. Following the completion of the transaction, the senior vice president owned 34,795 shares of the company’s stock, valued at $11,817,077.90. The trade was a 6.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 286,853 shares of company stock worth $95,477,342 in the last three months. 0.06% of the stock is owned by insiders.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand is the primary catalyst. The foldable phone launched globally Friday amid long lines, limited store inventory and reports that preorders are backordered into 2027. Supply-chain reports indicate Apple raised its first-year shipment target by 44%, to roughly 14 million units. The premium product could expand Apple’s addressable market and support revenue growth. Apple fans react as iPhone Duo hits stores
• Positive Sentiment: The launch strengthens Apple’s broader hardware and services roadmap. Analysts are evaluating whether the Duo can drive accessory, software and services revenue, while potential touchscreen Macs, smart-home products and an Apple-Schneider Electric energy-management partnership provide additional growth opportunities. Will Apple take over the smart home
• Positive Sentiment: Apple briefly reclaimed the title of world’s most valuable public company. AAPL approached or surpassed Nvidia’s approximately $5 trillion valuation as Nvidia shares weakened during a broader AI-stock selloff. Investors are treating Apple’s substantial cash generation and lower AI infrastructure spending as a relative safe haven. Apple tops Nvidia in market value
• Neutral Sentiment: The next major test is earnings. Apple’s fiscal fourth-quarter results are expected November 2, with investors looking for evidence that iPhone Duo demand, holiday sales and margins justify a stock trading near 40 times earnings. Analysts remain broadly constructive, but the average price target is close to recent trading levels.
• Negative Sentiment: Execution and valuation risks remain significant. Some early users have reported cracked foldable screens, while reviews cite first-generation glitches, a $2,000 price and limitations involving the camera and apps. These issues could affect returns, customer satisfaction and adoption.
• Negative Sentiment: Insider selling adds a modest cautionary signal. Senior Vice President Jennifer Newstead sold approximately $815,000 of AAPL shares, following several similar sales. The transaction is small relative to Apple’s size but may reinforce concerns that the stock has become expensive.

Analysts Set New Price Targets

AAPL has been the topic of several research reports. Oppenheimer reiterated a “market perform” rating on shares of Apple in a report on Thursday, September 10th. Evercore set a $380.00 price objective on shares of Apple and gave the stock an “outperform” rating in a report on Friday, September 18th. Robert W. Baird upped their target price on Apple from $310.00 to $330.00 and gave the company an “outperform” rating in a report on Friday, July 24th. UBS Group restated a “neutral” rating on shares of Apple in a report on Tuesday, October 6th. Finally, Maxim Group boosted their target price on Apple from $350.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $340.12.

About Apple

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.