3,141 Apple Inc. $AAPL Shares Bought by NFSG Corp

NFSG Corp grew its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 3.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 95,279 shares of the iPhone maker’s stock after buying an additional 3,141 shares during the period. Apple makes up approximately 3.3% of NFSG Corp’s holdings, making the stock its 4th biggest position. NFSG Corp’s holdings in Apple were worth $31,728,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AAPL. Sterling Wealth Management Inc. grew its holdings in shares of Apple by 0.3% during the 2nd quarter. Sterling Wealth Management Inc. now owns 11,579 shares of the iPhone maker’s stock worth $3,351,000 after purchasing an additional 30 shares in the last quarter. Thor Investment Management Inc. OH ADV boosted its position in shares of Apple by 1.6% during the 3rd quarter. Thor Investment Management Inc. OH ADV now owns 1,912 shares of the iPhone maker’s stock valued at $637,000 after acquiring an additional 30 shares in the last quarter. Evansbrook LLC increased its stake in Apple by 0.4% in the first quarter. Evansbrook LLC now owns 8,095 shares of the iPhone maker’s stock valued at $2,054,000 after acquiring an additional 34 shares during the period. JMG Financial Group Ltd. increased its stake in Apple by 0.7% in the first quarter. JMG Financial Group Ltd. now owns 5,102 shares of the iPhone maker’s stock valued at $1,295,000 after acquiring an additional 35 shares during the period. Finally, Wealth Forward LLC increased its stake in Apple by 0.3% in the third 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. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

  • Positive Sentiment: Apple unveiled its first touchscreen MacBook Pro, featuring tandem OLED technology, up to 2,000-nit brightness, 120Hz refresh rates, and higher-end M5 Pro and M5 Max chips. The launch could support Mac revenue, premium pricing and a broader hardware upgrade cycle. Apple Stock: Slip Despite MacBook Pro Launch With Tandem OLED Display
  • Positive Sentiment: Analyst support remains a modest tailwind. Monness, Crespi, Hardt raised its Apple price target to $355, while early iPhone 18 Pro sales were reportedly 3.1% above the prior model, including particularly strong growth in China. Wall Street Analyst Updates Apple Stock Target Ahead of Earnings
  • Neutral Sentiment: Apple is approaching its November 2 earnings report after a lengthy run of earnings beats. Investors are looking for evidence that iPhone demand, services growth and artificial-intelligence initiatives can justify a valuation near 40 times earnings. Seeking Clues to Apple Q4 Earnings
  • Negative Sentiment: The touchscreen MacBook Pro starts at approximately $2,899, raising concerns that premium pricing could limit adoption. Investors also face broader pressure from rising memory costs, expensive technology valuations and potentially higher interest rates. Apple’s Touchscreen MacBook Pro Pushes Laptop Pricing Higher
  • Negative Sentiment: Apple is offering replacements after reports that screens on its $1,999 foldable iPhone Duo cracked near the hinge. The issue threatens customer confidence and could increase warranty or recall costs just as the company launches a major new product category. Apple Shows First Touchscreen Laptops Amid Product Blitz
  • Negative Sentiment: South Korea fined Apple and Google a combined $47.6 million for allegedly forcing developers toward their payment systems and delaying app reviews, adding to regulatory risks around Apple’s services business. South Korea Fines Google and Apple Over App Market Practices

Apple Price Performance

NASDAQ:AAPL opened at $343.83 on Thursday. 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 cap of $5.02 trillion, a PE ratio of 39.43, a price-to-earnings-growth ratio of 2.75 and a beta of 1.07. Apple Inc. has a 12 month low of $243.42 and a 12 month high of $351.73. The company’s 50-day moving average price is $331.73 and its two-hundred day moving average price is $295.51.

Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share 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 company had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same quarter last year, the business posted $1.57 earnings per share. The company’s revenue was up 16.4% on a year-over-year basis. On average, equities analysts anticipate that Apple Inc. will post 8.75 EPS for the current fiscal year.

Insider Buying and Selling at Apple

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of Apple stock in a transaction on 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 in the company, valued at approximately $11,817,077.90. The trade was a 6.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO John Ternus sold 25,412 shares of the business’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the completion of the transaction, the chief executive officer directly owned 59,567 shares in the company, 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 sold 286,853 shares of company stock worth $95,477,342 over the last 90 days. Company insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on AAPL shares. Daiwa Securities Group raised their price target on shares of Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Moffett Nathanson set a $283.00 target price on Apple and gave the stock a “neutral” rating in a report on Tuesday, October 20th. China Renaissance cut Apple from a “buy” rating to a “hold” rating and dropped their target price for the stock from $329.00 to $280.00 in a report on Tuesday, August 4th. DZ Bank downgraded Apple from a “buy” rating to a “hold” rating and set a $310.00 target price for the company. in a research report on Tuesday, August 4th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Apple in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Apple presently has an average rating of “Moderate Buy” and an average target price of $340.59.

Check Out Our Latest Report on Apple

About Apple

(Free Report)

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.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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