Apple Inc. (NASDAQ:AAPL - Get Free Report) CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the transaction, the chief financial officer directly owned 13,366 shares of the company's stock, valued at approximately $3,675,650. This trade represents a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Apple Trading Down 1.3%
AAPL stock opened at $267.50 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.94. The company has a fifty day moving average price of $260.26 and a two-hundred day moving average price of $264.76. Apple Inc. has a one year low of $193.25 and a one year high of $288.62. The stock has a market cap of $3.93 trillion, a price-to-earnings ratio of 33.82, a price-to-earnings-growth ratio of 2.47 and a beta of 1.11.
Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The iPhone maker reported $2.84 EPS for the quarter, topping analysts' consensus estimates of $2.67 by $0.17. Apple had a net margin of 27.04% and a return on equity of 159.94%. The firm had revenue of $143.76 billion during the quarter, compared to analysts' expectations of $138.25 billion. During the same period in the previous year, the business posted $2.40 earnings per share. The company's revenue for the quarter was up 15.7% compared to the same quarter last year. Equities analysts anticipate that Apple Inc. will post 8.52 EPS for the current year.
Apple Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Monday, February 9th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, February 9th. Apple's payout ratio is 13.15%.
Key Stories Impacting Apple
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Company guidance and margin outlook remain constructive — Wall Street previews show Apple expecting ~13%–16% revenue growth and healthy gross margins for fiscal Q2, which supports the case for another beat when results arrive. Should You Buy, Sell, or Hold AAPL Stock Before Q2 Earnings?
- Positive Sentiment: iPhone momentum and supply-chain moves are boosting market share — reports note Apple claimed the top global smartphone spot in the March quarter, providing revenue upside and evidence the hardware cycle isn’t dead. Apple is defying a global smartphone slump
- Neutral Sentiment: Leadership change is front‑and‑center — John Ternus will become CEO in September; investors are parsing his product-first background and focus on services/AI as both an opportunity and a source of near-term uncertainty. Execution under new leadership will matter for sentiment but is a longer-term story. John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches
- Neutral Sentiment: Big Tech earnings week and AI monetization themes raise expectations — analysts expect AI to drive cloud/ad/product revenue; that raises the bar for Apple to show credible AI product/monetization progress. Big Tech faces key earnings test on AI spending and cloud growth
- Negative Sentiment: Competitor moves (Qualcomm + OpenAI) spooked investors — reports that OpenAI is working with Qualcomm/MediaTek on AI-first smartphone chips lifted Qualcomm and raised fears Apple could lose an edge if it doesn’t move faster on on‑device AI. That rotation into chipmakers pressured AAPL sentiment today. Could This New AI Smartphone Compete With Apple? Qualcomm Shares Rise
- Negative Sentiment: Mounting narrative that Apple is lagging on AI execution — commentary and analyst pieces arguing Apple needs an AI breakthrough (and could be slow to integrate third‑party innovations) are feeding investor caution ahead of earnings. Apple Is Falling Behind in AI. Will a New CEO Revive Apple Stock?
Wall Street Analysts Forecast Growth
AAPL has been the subject of a number of research analyst reports. Evercore restated an "outperform" rating on shares of Apple in a report on Monday, March 2nd. BNP Paribas Exane upgraded Apple from a "neutral" rating to an "outperform" rating and set a $300.00 price objective for the company in a report on Friday, April 17th. TD Cowen restated a "buy" rating and set a $325.00 price objective on shares of Apple in a report on Friday, January 30th. Phillip Securities upgraded Apple from a "moderate sell" rating to a "hold" rating in a report on Sunday, February 1st. Finally, Stifel Nicolaus set a $330.00 price objective on Apple in a report on Monday, March 2nd. One equities 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 one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $303.06.
View Our Latest Stock Report on AAPL
Institutional Investors Weigh In On Apple
Several institutional investors have recently made changes to their positions in the stock. Koshinski Asset Management Inc. boosted its stake in shares of Apple by 1.0% in the first quarter. Koshinski Asset Management Inc. now owns 166,814 shares of the iPhone maker's stock valued at $42,302,000 after buying an additional 1,711 shares during the period. Geremia Financial Services LLC boosted its stake in shares of Apple by 0.9% in the first quarter. Geremia Financial Services LLC now owns 39,590 shares of the iPhone maker's stock valued at $10,048,000 after buying an additional 341 shares during the period. Beacon Financial Advisory LLC boosted its stake in shares of Apple by 2.4% in the first quarter. Beacon Financial Advisory LLC now owns 35,881 shares of the iPhone maker's stock valued at $9,106,000 after buying an additional 845 shares during the period. Tanglewood Legacy Advisors LLC boosted its stake in shares of Apple by 8.6% in the first quarter. Tanglewood Legacy Advisors LLC now owns 16,844 shares of the iPhone maker's stock valued at $4,275,000 after buying an additional 1,331 shares during the period. Finally, Evolution Wealth Management Inc. boosted its stake in shares of Apple by 43.9% in the first quarter. Evolution Wealth Management Inc. now owns 5,782 shares of the iPhone maker's stock valued at $1,467,000 after buying an additional 1,764 shares during the period. 67.73% of the stock is currently owned by institutional investors.
About Apple
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Get 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.
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