Mach 1 Financial Group LLC Sells 4,171 Shares of Apple Inc. $AAPL

Posted by Brenda Bartman on Sep 4th, 2026

Mach 1 Financial Group LLC cut its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 37.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 6,830 shares of the iPhone maker’s stock after selling 4,171 shares during the quarter. Apple comprises 0.8% of Mach 1 Financial Group LLC’s portfolio, making the stock its 11th largest holding. Mach 1 Financial Group LLC’s holdings in Apple were worth $1,976,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Swiss Life Asset Management Ltd lifted its stake in Apple by 5.0% in the second quarter. Swiss Life Asset Management Ltd now owns 4,489,649 shares of the iPhone maker’s stock worth $1,299,125,000 after acquiring an additional 214,379 shares during the period. Barnes Pettey Financial Advisors LLC increased its position in Apple by 0.4% during the 2nd quarter. Barnes Pettey Financial Advisors LLC now owns 9,807 shares of the iPhone maker’s stock valued at $2,838,000 after purchasing an additional 43 shares during the period. Ducere Wealth Management LLC raised its holdings in Apple by 46.3% in the 2nd quarter. Ducere Wealth Management LLC now owns 28,966 shares of the iPhone maker’s stock worth $8,382,000 after purchasing an additional 9,168 shares in the last quarter. Meramec Financial Planners LLC raised its holdings in Apple by 0.9% in the 2nd quarter. Meramec Financial Planners LLC now owns 37,781 shares of the iPhone maker’s stock worth $10,932,000 after purchasing an additional 328 shares in the last quarter. Finally, Red Crane Wealth Management LLC lifted its position in shares of Apple by 1.4% in the 2nd quarter. Red Crane Wealth Management LLC now owns 11,945 shares of the iPhone maker’s stock worth $3,456,000 after purchasing an additional 167 shares during the period. Institutional investors own 67.73% of the company’s stock.

Analyst Upgrades and Downgrades

AAPL has been the topic of several research analyst reports. Weiss Ratings upgraded shares of Apple from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 3rd. Maxim Group restated a “buy” rating and issued a $350.00 price objective (up from $310.00) on shares of Apple in a report on Tuesday, June 9th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Apple in a research report on Monday, June 8th. Wedbush reiterated an “outperform” rating and set a $400.00 target price on shares of Apple in a report on Friday, June 5th. Finally, KGI Securities lowered Apple from an “outperform” rating to a “hold” rating and set a $315.00 target price for the company. in a research report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $330.61.

Get Our Latest Analysis on Apple

Apple Trading Up 1.0%

Shares of NASDAQ AAPL opened at $328.21 on Friday. Apple Inc. has a 1 year low of $225.95 and a 1 year high of $344.57. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The firm has a 50-day moving average of $314.94 and a 200 day moving average of $290.13. The stock has a market cap of $4.79 trillion, a P/E ratio of 37.64, a price-to-earnings-growth ratio of 2.81 and a beta of 1.08.

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 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 business had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same quarter in the prior year, the company earned $1.57 earnings per share. The business’s revenue was up 16.4% compared to the same quarter last year. As a group, sell-side analysts expect that Apple Inc. will post 8.74 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple’s dividend payout ratio (DPR) is 12.39%.

Key Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: Investor optimism is building ahead of Apple’s September 9 product event, the first major launch under new CEO John Ternus. Ternus described the event as “phenomenal,” raising expectations for new premium iPhones and the company’s first foldable iPhone. Apple’s New CEO Teases “Phenomenal” iPhone Launch
Positive Sentiment: The foldable iPhone could provide a significant new growth catalyst. Morgan Stanley estimates the device could contribute approximately $14 billion to the December quarter, while other projections suggest strong market share and premium pricing potential if demand materializes. Apple’s Foldable iPhone May Contribute $14 Billion
Positive Sentiment: Morgan Stanley reaffirmed its Overweight rating and set a $360 price target, supporting the view that Apple’s product pipeline and earnings growth can justify its premium valuation. Apple’s services business also continues to benefit from price increases to Apple TV and Apple One. Apple TV Price Hike
Neutral Sentiment: John Ternus has formally succeeded Tim Cook, while Cook remains executive chairman. The structure provides continuity and preserves Cook’s government and China relationships, but Ternus must prove that a product-focused strategy can improve Apple’s position in AI. Apple Leadership Transition
Negative Sentiment: Jefferies downgraded Apple to Underperform, reportedly citing the cancellation of an all-glass MacBook or foldable MacBook project and skepticism that the foldable iPhone will be more than a niche product. Jefferies Downgrades Apple
Negative Sentiment: Apple faces a £2 billion ($2.7 billion) UK lawsuit alleging that its App Tracking Transparency rules unfairly restrict third-party developers while favoring Apple’s own advertising services. BASF has also filed a separate patent lawsuit over face-authentication technology. BASF Patent Lawsuit
Negative Sentiment: Rising memory-chip costs could lift iPhone production expenses sharply, forcing Apple to raise prices, accept lower margins or risk weaker demand. Analysts remain divided, with DA Davidson maintaining a Neutral rating and a $270 price target. Apple Product and Leadership Outlook
Negative Sentiment: An Apple senior vice president sold 1,439 shares worth about $456,000. The sale was relatively small, leaving the executive with nearly 35,800 shares, but it may add modestly to near-term investor caution. Apple Insider Trading Filing

Insider Buying and Selling

In other Apple news, insider Ben Borders sold 116 shares of the business’s stock in a transaction dated 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 approximately $11,425,754.82. The trade was a 0.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 stock in a transaction on Tuesday, September 1st. The shares were 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 in the company, valued at $11,345,787.90. The trade was a 3.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 5,872 shares of company stock valued at $1,823,201. 0.06% of the stock is owned by corporate insiders.

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.