Flossbach Von Storch SE reduced its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 3.8% during the 4th quarter, HoldingsChannel reports. The fund owned 3,263,728 shares of the iPhone maker’s stock after selling 129,748 shares during the period. Apple accounts for about 3.5% of Flossbach Von Storch SE’s holdings, making the stock its 9th largest position. Flossbach Von Storch SE’s holdings in Apple were worth $887,277,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Sellwood Investment Partners LLC increased its stake in Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock worth $34,000 after acquiring an additional 71 shares during the last quarter. ROSS JOHNSON & Associates LLC increased its stake in Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock worth $42,000 after acquiring an additional 180 shares during the last quarter. LSV Asset Management bought a new stake in Apple during the fourth quarter worth approximately $65,000. PayPay Securities Corp increased its stake in Apple by 52.1% during the fourth quarter. PayPay Securities Corp now owns 365 shares of the iPhone maker’s stock worth $99,000 after acquiring an additional 125 shares during the last quarter. Finally, eCIO Inc. bought a new stake in Apple during the fourth quarter worth approximately $112,000. 67.73% of the stock is owned by institutional investors.
Key Stories Impacting Apple
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Bank of America raised its price target on Apple to $380 from $330 and kept a Buy rating, saying agentic AI could strengthen Apple’s ecosystem and create meaningful new revenue opportunities.
- Positive Sentiment: Multiple reports say Apple is preparing a major Siri overhaul for WWDC, including a new app-like experience designed to compete more directly with ChatGPT-style assistants, which could improve sentiment around Apple’s AI roadmap.
- Positive Sentiment: Analysts and commentary continue to argue that Apple’s installed base, privacy controls, payments, and device ownership give it a strong position if AI assistants become a primary interface for search, commerce, and productivity.
- Neutral Sentiment: Apple’s stock is already near record territory, so some of the optimism around AI and WWDC may already be reflected in the share price.
- Negative Sentiment: Some articles note that Apple is still viewed by parts of the market as an AI laggard versus rivals, and that its valuation is already rich, which could limit upside if WWDC disappoints.
Analyst Ratings Changes
Get Our Latest Stock Analysis on AAPL
Insider Transactions at Apple
In other Apple news, insider Ben Borders sold 1,274 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $290.00, for a total transaction of $369,460.00. Following the transaction, the insider directly owned 38,713 shares in the company, valued at $11,226,770. This trade represents a 3.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kevan Parekh sold 1,534 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total value of $421,850.00. Following the transaction, the chief financial officer owned 13,366 shares in the company, valued at $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 97,759 shares of company stock valued at $24,964,305. Company insiders own 0.06% of the company’s stock.
Apple Trading Up 0.5%
AAPL opened at $312.51 on Friday. The stock has a market cap of $4.59 trillion, a price-to-earnings ratio of 37.79, a P/E/G ratio of 2.71 and a beta of 1.06. The stock’s 50 day moving average price is $274.19 and its 200-day moving average price is $269.76. Apple Inc. has a one year low of $195.07 and a one year high of $313.26. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.02 and a current ratio of 1.07.
Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. The firm had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.65 earnings per share. On average, equities analysts forecast that Apple Inc. will post 8.74 EPS for the current year.
Apple Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s dividend payout ratio (DPR) is 13.06%.
Apple Profile
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.
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