Apple Inc. $AAPL Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. decreased its holdings in Apple Inc. (NASDAQ:AAPL) by 1.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 182,489 shares of the iPhone maker’s stock after selling 2,012 shares during the quarter. Apple comprises about 3.0% of Valley Wealth Managers Inc.’s investment portfolio, making the stock its 2nd largest holding. Valley Wealth Managers Inc.’s holdings in Apple were worth $60,773,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of AAPL. Argus Investors Counsel Inc. boosted its stake in Apple by 4.7% during the 3rd quarter. Argus Investors Counsel Inc. now owns 16,561 shares of the iPhone maker’s stock worth $5,472,000 after purchasing an additional 748 shares during the period. Freestate Advisors LLC increased its position in Apple by 2.4% during the 3rd quarter. Freestate Advisors LLC now owns 4,505 shares of the iPhone maker’s stock worth $1,500,000 after purchasing an additional 104 shares during the period. Castleview Partners LLC raised its position in Apple by 50.1% in the third quarter. Castleview Partners LLC now owns 36,018 shares of the iPhone maker’s stock worth $11,309,000 after acquiring an additional 12,027 shares in the last quarter. Stokes Capital Advisors LLC lifted its holdings in Apple by 25.8% in the third quarter. Stokes Capital Advisors LLC now owns 57,932 shares of the iPhone maker’s stock valued at $18,584,000 after acquiring an additional 11,885 shares during the period. Finally, Mirador Capital Partners LP lifted its holdings in Apple by 1.2% in the third quarter. Mirador Capital Partners LP now owns 125,280 shares of the iPhone maker’s stock valued at $41,721,000 after acquiring an additional 1,481 shares during the period. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Apple Price Performance

AAPL opened at $339.50 on Wednesday. The stock has a market capitalization of $4.95 trillion, a PE ratio of 38.93, a P/E/G ratio of 2.72 and a beta of 1.07. The company’s 50 day simple moving average is $327.22 and its 200 day simple moving average is $307.80. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $348.15. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating 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 firm had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same quarter last year, the firm posted $1.57 earnings per share. Apple’s revenue for the quarter was up 16.4% compared to the same quarter last year. As a group, sell-side analysts expect that Apple Inc. will post 8.75 EPS for the current year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple’s dividend payout ratio (DPR) is 12.39%.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand: Apple’s $1,999 foldable iPhone reportedly generated extraordinary preorders, with delivery estimates extending into January 2027. The response supports premium pricing and suggests the new product could become a meaningful growth catalyst. Apple’s $1,999 foldable phone is set to hit stores Friday
• Positive Sentiment: Upcoming Mac launch: Apple scheduled its “Pro and Tell” event for October 28, where analysts expect new Macs and potentially the company’s first touchscreen MacBook. The event could provide a near-term catalyst and demonstrate momentum under CEO John Ternus. Apple announces product launch event for Oct. 28
• Positive Sentiment: Supply-chain and ecosystem investments: Apple committed up to $100 million to a U.S. titanium supplier to support iPhone production. Apple Wallet car-key support is also expanding to select General Motors vehicles, strengthening the company’s hardware and services ecosystem. Apple commits up to $100 million for U.S. titanium
• Neutral Sentiment: Mixed analyst outlook: Bank of America and JPMorgan maintained bullish ratings, citing iPhone Duo demand and long-term AI potential, while other analysts have become more cautious.
• Negative Sentiment: Downgrades and demand concerns: Loop Capital downgraded AAPL to Hold and cut its price target from $370 to $330, citing risks that iPhone shipments may not recover as expected. KeyBanc also flagged weaker upgrade intentions among consumers. Apple gets a downgrade from Loop Capital on fears of slow iPhone sales
• Negative Sentiment: Margin and valuation risk: UBS expects higher memory and component costs to pressure gross margins while iPhone growth slows. With Apple trading at a premium earnings multiple, investors may require stronger earnings or a new catalyst to support further gains. Apple faces gross margin pressure as UBS flags slowing iPhone growth

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. The Goldman Sachs Group began coverage on shares of Apple in a report on Monday, August 17th. They set a “buy” rating on the stock. Loop Capital cut shares of Apple from a “buy” rating to a “hold” rating and dropped their target price for the company from $370.00 to $330.00 in a report on Tuesday. Rothschild & Co Redburn set a $400.00 price target on shares of Apple and gave the company a “buy” rating in a research report on Monday, August 17th. Weiss Ratings upgraded shares of Apple from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, UBS Group reissued a “neutral” rating on shares of Apple in a research note on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and an average target price of $340.12.

Insider Activity

In other news, insider Ben Borders sold 1,280 shares of Apple stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $345.40, for a total value of $442,112.00. Following the completion of the transaction, the insider owned 38,288 shares in the company, valued at approximately $13,224,675.20. This trade represents a 3.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of Apple stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the transaction, the chief executive officer directly owned 59,567 shares of the company’s stock, valued at approximately $19,832,236.98. This represents a 29.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 284,454 shares of company stock worth $94,662,594 over the last quarter. Corporate insiders own 0.06% of the company’s stock.

Apple Company Profile

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.