Insider Selling: Apple (NASDAQ:AAPL) SVP Sells $806,495.82 in Stock

Apple Inc. (NASDAQ:AAPL) SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction that occurred on Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total value of $806,495.82. Following the sale, the senior vice president directly owned 41,992 shares in the company, valued at $14,116,870.56. This trade represents a 5.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Jennifer Newstead also recently made the following trade(s):

• On Tuesday, September 22nd, Jennifer Newstead sold 2,399 shares of Apple stock. The stock was sold at an average price of $340.06, for a total value of $815,803.94.
• On Tuesday, September 15th, Jennifer Newstead sold 1,438 shares of Apple stock. The shares were sold at an average price of $330.19, for a total transaction of $474,813.22.
• On Tuesday, September 8th, Jennifer Newstead sold 1,438 shares of Apple stock. The shares were sold at an average price of $317.23, for a total transaction of $456,176.74.
• On Tuesday, September 1st, Jennifer Newstead sold 1,439 shares of Apple stock. The stock was sold at an average price of $317.01, for a total transaction of $456,177.39.
• On Tuesday, August 25th, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $310.95, for a total transaction of $447,457.05.
• On Tuesday, August 18th, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $307.49, for a total transaction of $442,478.11.
• On Tuesday, August 11th, Jennifer Newstead sold 1,439 shares of Apple stock. The stock was sold at an average price of $307.75, for a total transaction of $442,852.25.

Apple Stock Up 1.0%

AAPL opened at $333.69 on Friday. The company has a market capitalization of $4.87 trillion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 2.66 and a beta of 1.07. The firm has a 50-day simple moving average of $322.16 and a two-hundred day simple moving average of $300.01. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $345.34.

Apple (NASDAQ:AAPL) last issued 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 return on equity of 135.46% and a net margin of 27.62%.The firm had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same period in the previous year, the firm posted $1.57 earnings per share. The business’s revenue was up 16.4% compared to the same quarter last year. Analysts forecast that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Apple Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were issued a $0.27 dividend. The ex-dividend date of this dividend was 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 (DPR) is 12.39%.

Analyst Ratings Changes

AAPL has been the topic of a number of recent research reports. Citigroup reaffirmed a “buy” rating on shares of Apple in a research note on Thursday, September 10th. Moffett Nathanson restated a “neutral” rating and issued a $304.00 target price (up from $270.00) on shares of Apple in a report on Tuesday, September 8th. Evercore set a $380.00 target price on shares of Apple and gave the company an “outperform” rating in a research report on Friday, September 18th. Morgan Stanley set a $355.00 price target on shares of Apple and gave the company an “overweight” rating in a report on Thursday. Finally, Maxim Group lifted their price target on Apple from $350.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Apple presently has an average rating of “Moderate Buy” and a consensus price target of $340.02.

Institutional Trading of Apple

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prospect Hill Management LLC acquired a new stake in Apple in the second quarter valued at $146,370,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Apple during the 2nd quarter worth $168,646,000. Wealthfront Advisers LLC acquired a new position in shares of Apple during the 2nd quarter worth $482,388,000. Satovsky Asset Management LLC purchased a new position in shares of Apple in the 2nd quarter valued at about $16,064,000. Finally, Saranac Partners Ltd acquired a new stake in shares of Apple in the second quarter valued at about $9,513,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is launching new safeguards designed to protect its devices from probing AI agents. The move may strengthen user trust and help preserve Apple’s security-focused ecosystem as agentic AI becomes more prominent. Apple Launches New Safeguards Against AI Agents
• Positive Sentiment: The fall product cycle remains a near-term tailwind. Morgan Stanley modestly raised its revenue forecast after Apple’s launches, while Counterpoint reportedly expects about 6 million sales of the $1,999 foldable iPhone Duo this year. New Apple Watch health features and potential smart-home products could also broaden the company’s ecosystem. Apple’s Fall Product Cycle Could Support Revenue Growth
• Neutral Sentiment: Morgan Stanley maintained an Overweight rating but lowered its price target to $355 from $360. Higher memory and component costs, along with possible iPhone pricing pressure, are offsetting much of the expected product-revenue benefit. Morgan Stanley Adjusts Price Target on Apple
• Negative Sentiment: A jury’s $5.7 billion patent verdict against Apple has raised concerns about potential ongoing royalties and pressure on hardware margins. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
• Negative Sentiment: Investors remain worried that AI agents from rivals such as Meta could bypass the App Store and weaken Apple’s high-margin services business. Analysts also see limited upside after Apple’s strong run and its relatively rich valuation.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares valued at approximately $806,496, reducing her direct holdings by 5.4%. The transaction is small relative to her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing

About Apple

Apple Inc is a technology company that designs, develops and markets 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 software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple’s services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.