Tema ETFs LLC boosted its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 10.7% in the second quarter, HoldingsChannel.com reports. The firm owned 109,937 shares of the iPhone maker’s stock after purchasing an additional 10,585 shares during the quarter. Apple comprises approximately 1.0% of Tema ETFs LLC’s investment portfolio, making the stock its 26th biggest holding. Tema ETFs LLC’s holdings in Apple were worth $31,811,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Haven Capital Group Inc. increased its position in shares of Apple by 0.3% during the 2nd quarter. Haven Capital Group Inc. now owns 40,976 shares of the iPhone maker’s stock valued at $11,857,000 after purchasing an additional 124 shares during the period. Sunesis Advisors LLC boosted its stake in Apple by 15.0% during the second quarter. Sunesis Advisors LLC now owns 2,893 shares of the iPhone maker’s stock valued at $837,000 after buying an additional 377 shares in the last quarter. Dagco Inc. boosted its stake in Apple by 10.0% during the second quarter. Dagco Inc. now owns 51,238 shares of the iPhone maker’s stock valued at $14,826,000 after buying an additional 4,646 shares in the last quarter. Canvas Wealth Advisors LLC grew its holdings in Apple by 1.3% during the second quarter. Canvas Wealth Advisors LLC now owns 106,892 shares of the iPhone maker’s stock worth $30,930,000 after acquiring an additional 1,372 shares during the period. Finally, Rise Advisors LLC raised its position in Apple by 1.5% in the second quarter. Rise Advisors LLC now owns 16,893 shares of the iPhone maker’s stock worth $4,888,000 after acquiring an additional 244 shares in the last quarter. 67.73% of the stock is owned by institutional investors.
Insider Activity
In other Apple news, insider Ben Borders sold 116 shares of Apple stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the transaction, the insider owned 38,713 shares of the company’s stock, valued at $11,425,754.82. The trade was a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $310.95, for a total value of $447,457.05. Following the completion of the transaction, the senior vice president owned 37,229 shares in the company, valued at $11,576,357.55. This represents a 3.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 4,433 shares of company stock worth $1,367,024. Company insiders own 0.06% of the company’s stock.
Apple Stock Up 0.4%
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. The firm had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.57 EPS. As a group, research analysts expect that Apple Inc. will post 8.76 earnings per share for the current year.
Apple Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio (DPR) is presently 12.39%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on AAPL shares. Oppenheimer restated a “market perform” rating on shares of Apple in a research report on Friday, July 31st. TD Cowen increased their target price on shares of Apple from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, July 31st. The Goldman Sachs Group began coverage on shares of Apple in a report on Monday, August 17th. They set a “buy” rating for the company. HSBC raised Apple from a “hold” rating to a “buy” rating and upped their price target for the company from $260.00 to $366.00 in a report on Thursday, July 16th. Finally, Citigroup reiterated a “buy” rating and set a $365.00 price objective (up from $315.00) on shares of Apple in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $330.53.
View Our Latest Stock Analysis on AAPL
More Apple News
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple’s September 9 product event will be the first major launch under incoming CEO John Ternus. Investors expect the iPhone 18 lineup, Apple Watch updates and potentially Apple’s first foldable iPhone. IDC reportedly expects more than 10 million foldable iPhone shipments in the first year, creating a potential new growth category. Apple sets Sept. 9 date for next iPhone launch event
- Positive Sentiment: New Mac mini and Mac Studio models using M6 and M5 Ultra chips are being positioned for demanding AI workloads. Improved on-device AI performance could support Mac upgrades and strengthen Apple’s appeal among developers, potentially expanding hardware and services revenue. Apple’s AI Mac Push Could Spark New Opportunities
- Positive Sentiment: Recent iPhone momentum remains constructive: global shipments reportedly rose 13% in the second quarter, aided by iPhone 17 demand and stable pricing. Apple’s latest earnings beat and strong profitability also provide fundamental support for the stock. iPhone Buyers Rush in Before Potential Apple Price Increases
- Neutral Sentiment: The CEO transition is now an immediate catalyst and risk. Ternus’s product-design background may reassure investors, but the rapid succession from leadership change to a major iPhone launch leaves little time to establish credibility.
- Negative Sentiment: Apple is cutting roughly 147–150 positions across Siri, machine-learning and Vision Pro teams while reorganizing around AI. Management may view the reductions as strategic pruning, but investors could interpret them as evidence that Apple’s AI effort and Siri reliability remain behind expectations. Apple’s rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shake-up
- Negative Sentiment: Apple’s valuation leaves less room for disappointment, with a reported price-to-earnings ratio above 36. Analysts and commentators continue to question whether AI growth and future products justify the premium after the stock’s substantial rally.
- Negative Sentiment: Senior Vice President Jennifer Newstead sold 1,439 shares worth approximately $447,000, reducing her direct holdings by 3.72%. The transaction is small relative to Apple’s market capitalization and may be routine, but insider selling can weigh modestly on sentiment. SEC Form 4 filing
Apple Company 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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