Patriot Financial Group Insurance Agency LLC Purchases 95,741 Shares of Apple Inc. $AAPL

Posted by Francis Steltz on Jul 7th, 2026

Patriot Financial Group Insurance Agency LLC raised its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 123.6% in the 1st quarter, HoldingsChannel reports. The fund owned 173,178 shares of the iPhone maker’s stock after purchasing an additional 95,741 shares during the period. Apple makes up about 2.5% of Patriot Financial Group Insurance Agency LLC’s investment portfolio, making the stock its biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in Apple were worth $43,951,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AAPL. Reyes Financial Architecture Inc. boosted its stake in Apple by 0.4% during the third quarter. Reyes Financial Architecture Inc. now owns 9,898 shares of the iPhone maker’s stock worth $2,520,000 after buying an additional 37 shares in the last quarter. WESPAC Advisors LLC raised its stake in shares of Apple by 0.3% in the 4th quarter. WESPAC Advisors LLC now owns 12,326 shares of the iPhone maker’s stock valued at $3,351,000 after buying an additional 39 shares in the last quarter. Interactive Financial Advisors Inc. raised its stake in shares of Apple by 4.0% in the 4th quarter. Interactive Financial Advisors Inc. now owns 1,051 shares of the iPhone maker’s stock valued at $286,000 after buying an additional 40 shares in the last quarter. Sugar Maple Asset Management LLC lifted its holdings in shares of Apple by 2.0% during the 1st quarter. Sugar Maple Asset Management LLC now owns 2,029 shares of the iPhone maker’s stock worth $515,000 after acquiring an additional 40 shares during the period. Finally, Orion Investment Co boosted its position in shares of Apple by 0.3% during the 4th quarter. Orion Investment Co now owns 14,354 shares of the iPhone maker’s stock valued at $3,902,000 after acquiring an additional 41 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Insider Transactions at Apple

In other Apple news, insider Ben Borders sold 116 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total transaction of $34,236.24. Following the transaction, the insider directly owned 38,713 shares in the company, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevan Parekh sold 1,534 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the completion of the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at $3,675,650. This trade represents a 10.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 2,924 shares of company stock valued at $825,546. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wedbush reissued an “outperform” rating and issued a $400.00 target price on shares of Apple in a research note on Friday, June 5th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $310.00 price objective (up from $300.00) on shares of Apple in a report on Friday, May 1st. Sanford C. Bernstein reiterated an “outperform” rating on shares of Apple in a research note on Monday, June 8th. BNP Paribas Exane upgraded Apple from a “neutral” rating to an “outperform” rating and set a $300.00 target price for the company in a research report on Friday, April 17th. Finally, KGI Securities lowered Apple from an “outperform” rating to a “hold” rating and set a $315.00 price target on the stock. in a research note on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $314.85.

Get Our Latest Analysis on Apple

Apple Trading Down 0.3%

NASDAQ:AAPL traded down $1.04 during trading hours on Tuesday, hitting $311.62. 5,208,591 shares of the stock were exchanged, compared to its average volume of 50,389,621. The company has a market capitalization of $4.58 trillion, a P/E ratio of 37.70, a price-to-earnings-growth ratio of 2.68 and a beta of 1.10. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The company’s 50 day moving average is $295.25 and its two-hundred day moving average is $273.84. Apple Inc. has a twelve month low of $201.50 and a twelve month high of $317.40.

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 the consensus estimate of $1.95 by $0.06. The company had revenue of $111.18 billion during 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 business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period last year, the firm earned $1.65 EPS. On average, sell-side analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a $0.27 dividend. This is a positive change from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, May 11th. Apple’s dividend payout ratio (DPR) is 13.06%.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple’s expanded chip partnership with Broadcom through 2031 is a bullish signal for Apple’s AI infrastructure and next-generation devices, reinforcing confidence in the company’s long-term product roadmap and supplier relationships.
Positive Sentiment: Reports about a foldable iPhone, an iPhone Ultra, and major 2027 updates for iPad Pro and MacBook Pro suggest Apple has fresh hardware catalysts ahead, which could support future upgrade cycles and revenue growth.
Positive Sentiment: Apple’s latest iOS 27 beta additions, including more Siri customization and new Apple Intelligence home features, highlight continued AI feature rollout that may improve services monetization and ecosystem stickiness.
Neutral Sentiment: Several articles argue Apple may be “already priced in” after its recent rally, implying the market is increasingly focused on execution rather than just announcements.
Neutral Sentiment: Commentary on Apple stock after its recent pullback suggests long-term investors may view weakness as a buying opportunity, but this is more a valuation debate than a direct business development.
Negative Sentiment: One article said Apple used steep iPhone discounts during China’s 618 shopping festival to regain the No. 2 smartphone spot, but sales still fell, underscoring ongoing competitive pressure and softer demand in a key market.
Negative Sentiment: Analyst commentary also warned that the first foldable iPhone could face supply constraints or delayed availability, which could push out any revenue lift from that product launch.

Apple Company Profile

(Free Report)

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.