Apple Inc. $AAPL Shares Purchased by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 20.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,674 shares of the iPhone maker’s stock after buying an additional 5,318 shares during the period. Apple makes up approximately 3.6% of Regency Capital Management Inc. DE’s portfolio, making the stock its 8th largest position. Regency Capital Management Inc. DE’s holdings in Apple were worth $8,038,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. acquired a new position in shares of Apple in the 4th quarter valued at $41,000. 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 during the last quarter. LSV Asset Management purchased a new stake in Apple in the 4th quarter valued at about $65,000. Timmons Wealth Management LLC purchased a new stake in Apple in the 4th quarter valued at about $69,000. Finally, Inspire Investing LLC acquired a new position in Apple in the fourth quarter valued at about $76,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple reported record June-quarter revenue of $109.4 billion, up 16.4% year over year, and diluted EPS of $2.02, exceeding Wall Street expectations. iPhone revenue rose 22% to $54.3 billion, while Mac revenue increased 29% to $10.4 billion. Apple reports third quarter results
• Positive Sentiment: Apple’s large installed base, strong hardware demand and potential consumer-AI opportunities remain long-term supports. Some analysts remain bullish: TD Cowen raised its price target to $400, while other firms maintained Buy or Overweight ratings despite trimming estimates. Analyst raises Apple price target
• Positive Sentiment: The company declared a quarterly dividend of $0.27 per share, payable August 13 to shareholders of record August 10. Apple also continues to emphasize an AI strategy that requires less capital spending than the infrastructure-heavy approach used by some peers. Apple Q3 financial results

Apple Stock Performance

Shares of AAPL stock opened at $308.91 on Friday. 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 52 week low of $201.50 and a 52 week high of $344.57. The stock has a market capitalization of $4.54 trillion, a PE ratio of 35.43, a P/E/G ratio of 2.88 and a beta of 1.10. The firm has a 50 day moving average of $309.51 and a two-hundred day moving average of $281.45.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 142.29% and a net margin of 27.62%.The firm had revenue of $109.42 billion during the quarter, compared to analysts’ expectations of $109.04 billion. During the same period in the previous year, the firm posted $1.57 EPS. Apple’s revenue for the quarter was up 16.4% on a year-over-year basis. On average, research analysts predict that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Monday, August 10th will be issued a $0.27 dividend. The ex-dividend date is Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple’s dividend payout ratio is presently 12.39%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on AAPL shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $360.00 price objective (down from $370.00) on shares of Apple in a research report on Friday. Rosenblatt Securities boosted their target price on Apple from $276.00 to $300.00 and gave the company a “neutral” rating in a research report on Friday. Sanford C. Bernstein restated an “outperform” rating on shares of Apple in a research note on Monday, June 8th. UBS Group restated a “neutral” rating on shares of Apple in a research report on Friday. Finally, Bank of America restated a “buy” rating and set a $380.00 price target on shares of Apple in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Apple has a consensus rating of “Moderate Buy” and an average target price of $331.60.

Insider Activity at Apple

In other news, insider Ben Borders sold 1,274 shares of the firm’s stock in a transaction dated 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 owned 38,713 shares of the company’s stock, valued at approximately $11,226,770. This trade represents a 3.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.06% of the company’s stock.

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.