Northstar Group Inc. Buys Shares of 149,674 Apple Inc. $AAPL

Posted by Stanley Muller on Sep 12th, 2026

Northstar Group Inc. purchased a new stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 149,674 shares of the iPhone maker’s stock, valued at approximately $43,310,000. Apple makes up 5.6% of Northstar Group Inc.’s portfolio, making the stock its 5th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of AAPL. Kuhn & Co Investment Counsel grew its holdings in shares of Apple by 1.1% in the second quarter. Kuhn & Co Investment Counsel now owns 19,974 shares of the iPhone maker’s stock worth $5,780,000 after acquiring an additional 218 shares during the period. Fortis Capital Advisors LLC increased its position in Apple by 6.0% during the second quarter. Fortis Capital Advisors LLC now owns 92,232 shares of the iPhone maker’s stock valued at $26,688,000 after acquiring an additional 5,185 shares during the last quarter. Private Management Group Inc. lifted its holdings in Apple by 1.3% in the second quarter. Private Management Group Inc. now owns 46,882 shares of the iPhone maker’s stock valued at $13,566,000 after acquiring an additional 620 shares during the period. Baron Silver Stevens Financial Advisors LLC lifted its holdings in Apple by 65.6% in the second quarter. Baron Silver Stevens Financial Advisors LLC now owns 66,717 shares of the iPhone maker’s stock valued at $19,305,000 after acquiring an additional 26,418 shares during the period. Finally, Stirlingshire Investments Inc. boosted its position in Apple by 6.3% in the second quarter. Stirlingshire Investments Inc. now owns 7,357 shares of the iPhone maker’s stock worth $2,129,000 after purchasing an additional 437 shares during the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AAPL shares. BTIG Research began coverage on Apple in a research note on Monday, August 17th. They set a “neutral” rating for the company. Oppenheimer reiterated a “market perform” rating on shares of Apple in a research note on Thursday. DA Davidson reissued a “neutral” rating and issued a $270.00 price objective on shares of Apple in a report on Wednesday, September 2nd. Bank of America restated a “buy” rating and set a $370.00 target price (down from $380.00) on shares of Apple in a research report on Thursday. Finally, Barclays reaffirmed an “underweight” rating and set a $245.00 target price (down from $253.00) on shares of Apple in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Apple has a consensus rating of “Moderate Buy” and a consensus target price of $334.91.

Check Out Our Latest Analysis on Apple

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

Positive Sentiment: iPhone Duo creates a potential new growth cycle. Apple’s $1,999 foldable iPhone, scheduled to arrive October 23, could drive upgrades, deepen ecosystem engagement and add a high-margin premium product category. Some analysts believe foldables could eventually account for 10% to 20% of iPhone revenue. How Wall Street viewed Apple’s foldable iPhone
Positive Sentiment: Analysts see renewed hardware momentum. Alongside the Duo, Apple unveiled the iPhone 18 Pro lineup, new Apple Watch models, AirPods 5 and expanded Siri AI features. TD Cowen maintained a Buy rating with a $400 target, supporting the bullish reaction. TD Cowen reiterates Buy rating
Positive Sentiment: Carrier promotions could reduce sticker-price resistance. T-Mobile, AT&T and Verizon are offering installment and trade-in incentives for the expensive Duo, potentially broadening access without an immediate industrywide price war. Wireless carrier promotions
Neutral Sentiment: Wall Street remains divided. Bank of America retained a Buy rating but lowered its price target to $370, while Rosenblatt kept a Neutral rating and $303 target. The debate centers on Duo demand, supply constraints, valuation and the durability of the upgrade cycle.
Negative Sentiment: Margin pressure remains the main risk. Apple raised iPhone Pro prices by $100, but memory and other component costs are rising rapidly. Management has already guided to lower gross margins, raising concerns that pricing may not fully offset higher costs. Apple margin pressure from memory costs
Negative Sentiment: Premium valuation and competition limit upside. Apple trades near the upper end of its historical earnings multiple, while Huawei, Xiaomi and Samsung remain strong competitors in China and the foldable market.
Negative Sentiment: Insider selling is a modest cautionary signal. SVP Jennifer Newstead sold approximately $456,000 of stock, reducing her direct holdings by about 4%, although she retains a substantial position.

Insider Transactions at Apple

In related news, SVP Jennifer Newstead sold 1,439 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $317.01, for a total value of $456,177.39. Following the transaction, the senior vice president directly owned 35,790 shares of the company’s stock, valued at approximately $11,345,787.90. The trade was a 3.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ben Borders sold 116 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 7,310 shares of company stock valued at $2,279,378. Corporate insiders own 0.06% of the company’s stock.

Apple Price Performance

Shares of NASDAQ:AAPL opened at $332.27 on Friday. The company has a market capitalization of $4.85 trillion, a P/E ratio of 38.10, a P/E/G ratio of 2.83 and a beta of 1.08. Apple Inc. has a 1-year low of $229.02 and a 1-year high of $344.57. The firm’s 50 day simple moving average is $318.20 and its two-hundred day simple moving average is $292.45. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93.

Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm had revenue of $109.42 billion during the quarter, compared to analysts’ expectations of $109.04 billion. During the same period in the prior year, the company posted $1.57 earnings per share. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. Research analysts expect that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple’s payout ratio is presently 12.39%.

Apple Company Profile

(Free Report)

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company’s ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.