Apple Inc. $AAPL Shares Sold by Three Magnolias Financial Advisors LLC

Three Magnolias Financial Advisors LLC decreased its position in Apple Inc. (NASDAQ:AAPL) by 19.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 14,691 shares of the iPhone maker’s stock after selling 3,555 shares during the period. Apple comprises 2.9% of Three Magnolias Financial Advisors LLC’s portfolio, making the stock its 12th biggest position. Three Magnolias Financial Advisors LLC’s holdings in Apple were worth $4,892,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of AAPL. Prospect Hill Management LLC acquired a new position in Apple during the second quarter worth approximately $146,370,000. Focus Partners Advisor Solutions LLC bought a new stake in Apple in the second quarter valued at approximately $168,646,000. Wealthfront Advisers LLC acquired a new stake in shares of Apple in the second quarter valued at approximately $482,388,000. Satovsky Asset Management LLC acquired a new stake in shares of Apple in the second quarter valued at approximately $16,064,000. Finally, Gouws Capital LLC lifted its position in shares of Apple by 136.9% in the third quarter. Gouws Capital LLC now owns 37,504 shares of the iPhone maker’s stock valued at $12,490,000 after buying an additional 21,676 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

Key Headlines Impacting Apple

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.

Insider Activity at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $339.62, for a total value of $814,748.38. Following the transaction, the senior vice president directly owned 34,795 shares in the company, valued at approximately $11,817,077.90. This represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Deirdre O’brien sold 46,389 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 136,810 shares in the company, valued at $45,615,190.20. This trade represents a 25.32% decrease in their ownership of the stock. 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. In the last ninety days, insiders have sold 286,853 shares of company stock valued at $95,477,342. 0.06% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

AAPL has been the subject of several research analyst reports. Moffett Nathanson set a $283.00 target price on Apple and gave the stock a “neutral” rating in a research note on Tuesday. China Renaissance cut Apple from a “buy” rating to a “hold” rating and dropped their price target for the company from $329.00 to $280.00 in a research note on Tuesday, August 4th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $303.00 price target on shares of Apple in a report on Thursday, September 10th. BTIG Research began coverage on Apple in a report on Monday, August 17th. They set a “neutral” rating for the company. Finally, KeyCorp reaffirmed an “underweight” rating on shares of Apple in a research report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned 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, the company currently has an average rating of “Moderate Buy” and a consensus target price of $340.12.

Apple Stock Performance

NASDAQ:AAPL opened at $347.73 on Friday. The stock has a market cap of $5.07 trillion, a P/E ratio of 39.88, a PEG ratio of 2.75 and a beta of 1.07. The stock has a 50 day simple moving average of $329.75 and a 200 day simple moving average of $309.34. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. Apple Inc. has a 1-year low of $243.42 and a 1-year high of $351.73.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating 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 business had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same period in the previous year, the company posted $1.57 EPS. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. Research analysts anticipate that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were issued a dividend of $0.27 per share. 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 currently 12.39%.

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.