1,966 Apple Inc. $AAPL Shares Sold by Parrish Capital LLC

Posted by Geri Gentry on Oct 10th, 2026

Parrish Capital LLC cut its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 12.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,956 shares of the iPhone maker’s stock after selling 1,966 shares during the period. Apple comprises about 3.2% of Parrish Capital LLC’s portfolio, making the stock its 2nd biggest position. Parrish Capital LLC’s holdings in Apple were worth $4,038,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Avenir Tech Ltd acquired a new stake in Apple during the 2nd quarter worth approximately $29,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Apple in the second quarter worth $30,000. Lifetime Wealth Management P.C. acquired a new position in shares of Apple in the fourth quarter worth $41,000. ABS Investment Management LLC purchased a new stake in shares of Apple during the second quarter worth $376,168,000. Finally, Basso Capital Management L.P. purchased a new stake in shares of Apple during the fourth quarter worth $88,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Stock Performance

NASDAQ:AAPL opened at $336.64 on Friday. Apple Inc. has a 12 month low of $243.42 and a 12 month high of $345.34. 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 market capitalization of $4.91 trillion, a PE ratio of 38.61, a price-to-earnings-growth ratio of 2.71 and a beta of 1.07. The business’s fifty day moving average price is $322.61 and its 200 day moving average price is $302.99.

Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%. Apple’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.57 EPS. On average, sell-side analysts anticipate that Apple Inc. will post 8.75 earnings per share for the current fiscal year.

Apple Announces Dividend

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

Insider Buying and Selling at Apple

In other news, SVP Deirdre O’brien sold 46,389 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the sale, the senior vice president directly owned 136,810 shares of the company’s stock, valued at approximately $45,615,190.20. This represents a 25.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total value of $8,460,671.28. Following the sale, the chief executive officer directly owned 59,567 shares of the company’s stock, valued at approximately $19,832,236.98. This represents a 29.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 279,383 shares of company stock worth $92,912,517 in the last quarter. 0.06% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. DA Davidson reiterated a “neutral” rating and issued a $270.00 target price on shares of Apple in a report on Wednesday, September 2nd. DZ Bank lowered Apple from a “buy” rating to a “hold” rating and set a $310.00 price target on the stock. in a research report on Tuesday, August 4th. Raymond James Financial reiterated a “market perform” rating on shares of Apple in a research note on Friday, July 31st. Evercore set a $380.00 price objective on Apple and gave the stock an “outperform” rating in a research report on Friday, September 18th. Finally, Royal Bank Of Canada set a $365.00 target price on shares of Apple in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and an average target price of $340.02.

Check Out Our Latest Analysis on Apple

More Apple News

Here are the key news stories impacting Apple this week:

Positive Sentiment: Potential AI upside: Analyst Dan Ives said Apple could become a “toll collector” for consumer AI by monetizing its more than 2.5 billion active devices and Services ecosystem. He estimates AI could add approximately $75 per share to the company’s value. Apple Could Be the Toll Collector of Consumer AI
Positive Sentiment: Smart-home expansion: Apple’s planned October 13 “Welcome Home” event could introduce products such as a smart lock, thermostat and doorbell. The initiative may expand Apple’s hardware and Services opportunities and strengthen its position against Amazon and Google. Apple Smart Home Push
Neutral Sentiment: Possible seasonal order adjustment: Bespoke Investment Group noted that Apple’s autumn iPhone order reductions have occurred in prior years and have sometimes been followed by a stock recovery. Investors will look for evidence that the latest cuts reflect normal supply-chain management rather than lasting demand weakness. Apple’s iPhone Order Cut and Stock Rebound
Negative Sentiment: iPhone demand concerns: Nikkei Asia reported that Apple asked suppliers to cut iPhone 18 Pro component production, raising concerns that premium pricing is discouraging consumers. The reports are particularly important because Apple is preparing to pursue an even higher-priced product strategy, including a rumored $1,999 foldable iPhone. Apple Cuts iPhone 18 Pro Orders Due to Soft Demand
Negative Sentiment: Valuation and execution risks: Apple’s elevated earnings multiple leaves less room for disappointment, while higher memory costs could pressure margins. A recent senior vice president stock sale was relatively small but adds to near-term caution. Apple Senior Vice President Stock Sale

About Apple

(Free Report)

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.

Apple’s services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.