Versant Capital Management Inc Cuts Stock Position in Apple Inc. $AAPL

Posted by Brian Himes on Aug 18th, 2026

Versant Capital Management Inc cut its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 6.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,980 shares of the iPhone maker’s stock after selling 4,682 shares during the quarter. Apple makes up about 1.7% of Versant Capital Management Inc’s investment portfolio, making the stock its 11th biggest position. Versant Capital Management Inc’s holdings in Apple were worth $19,092,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in AAPL. Rainier Family Wealth Inc. boosted its stake in Apple by 14.1% during the first quarter. Rainier Family Wealth Inc. now owns 24,386 shares of the iPhone maker’s stock valued at $6,189,000 after buying an additional 3,014 shares during the last quarter. Eaton Cambridge Inc. increased its stake in Apple by 21.3% in the 1st quarter. Eaton Cambridge Inc. now owns 13,968 shares of the iPhone maker’s stock worth $3,545,000 after acquiring an additional 2,450 shares during the last quarter. Torren Management LLC purchased a new stake in shares of Apple during the 4th quarter worth approximately $1,178,000. Summit Wealth Partners LLC raised its holdings in shares of Apple by 108.3% during the 1st quarter. Summit Wealth Partners LLC now owns 34,989 shares of the iPhone maker’s stock worth $8,880,000 after acquiring an additional 18,188 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp bought a new position in shares of Apple during the 4th quarter valued at approximately $105,482,000. 67.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Apple

In other news, SVP Jennifer Newstead sold 1,439 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $307.75, for a total transaction of $442,852.25. Following the transaction, the senior vice president owned 40,107 shares of the company’s stock, valued at approximately $12,342,929.25. This represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ben Borders sold 116 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the transaction, the insider owned 38,713 shares of the company’s stock, valued at approximately $11,425,754.82. The trade was a 0.30% decrease in their position. 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. Corporate insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

AAPL has been the subject of a number of recent research reports. DA Davidson reissued a “neutral” rating and issued a $270.00 target price on shares of Apple in a report on Friday, July 31st. Wedbush reiterated an “outperform” rating and set a $400.00 price objective on shares of Apple in a research report on Friday, June 5th. Phillip Securities cut shares of Apple from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 3rd. KGI Securities downgraded shares of Apple from an “outperform” rating to a “hold” rating and set a $315.00 target price on the stock. in a report on Monday, June 22nd. Finally, Morgan Stanley decreased their target price on shares of Apple from $364.00 to $360.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $330.53.

Read Our Latest Research Report on Apple

Apple News Summary

Here are the key news stories impacting Apple this week:

Positive Sentiment: Rothschild & Co. Redburn upgraded Apple to Buy from Neutral and raised its price target to $400 from $260. The firm cited potential growth from a premium foldable iPhone and a strategic reset of Apple Intelligence, while suggesting Apple could use Nvidia’s open-source AI models to improve its position. Apple Stock Got an Upgrade. It Could Be the AI Gatekeeper.
Positive Sentiment: Antitrust relief removes a legal overhang. Apple reportedly won significant relief in an antitrust battle, potentially reducing regulatory risk around its App Store and business practices. Apple Wins Major Relief in Antitrust Battle
Positive Sentiment: Pre-iPhone event demand appears supportive. A KeyBanc survey indicated improving consumer spending ahead of Apple’s expected September product launch, providing a potential near-term catalyst for iPhone sales. Why Investors Should Consider Buying Apple Stock Ahead of Its September iPhone Event
Neutral Sentiment: Apple is changing European app-tracking consent rules following a German competition investigation. The changes may benefit Meta and advertisers, but could reduce some of Apple’s control over data-related monetization. Apple to change app data consent rules, German regulator says
Negative Sentiment: Memory-chip sourcing is a growing risk. The Trump administration urged Apple not to buy Chinese memory chips because of national-security concerns. Complying could raise component costs, while defying the request could create political or supply-chain complications. Apple May Buy Chinese Memory Chips Despite US Request
Negative Sentiment: Valuation and execution concerns remain. At roughly $306 and about 35 times earnings, bearish commentary argues that much of Apple’s quality is already reflected in the price and that AI progress may not justify a higher multiple. Apple’s Red Flags Are Real and Signal Trouble
Negative Sentiment: Security and App Store-management reports add reputational risk. Investigators reported an unusually large number of spyware alerts affecting Apple users, while DefiLlama said fake apps delayed its launch. Apple has also patched a critical macOS flaw exploited for cryptocurrency mining. Unprecedented number of Apple users received recent spyware alert

Apple Stock Performance

NASDAQ:AAPL opened at $305.59 on Tuesday. The firm has a market capitalization of $4.46 trillion, a PE ratio of 35.04, a PEG ratio of 2.62 and a beta of 1.09. The stock’s fifty day moving average is $309.06 and its 200 day moving average is $285.73. Apple Inc. has a fifty-two week low of $223.78 and a fifty-two week high of $344.57. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00.

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, beating 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 business had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same quarter in the previous year, the business posted $1.57 earnings per share. The business’s revenue was up 16.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, August 10th. Apple’s dividend payout ratio is 12.39%.

Apple 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.