Apple (NASDAQ:AAPL) SVP Jennifer Newstead Sells 1,439 Shares

Apple Inc. (NASDAQ:AAPL - Get Free Report) SVP Jennifer Newstead sold 1,439 shares of the company's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $307.75, for a total value of $442,852.25. Following the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Apple Trading Up 1.0%

• Why Are Analysts Freaking Out About Apple's All-Glass iPhone?

Shares of NASDAQ:AAPL opened at $305.26 on Friday. Apple Inc. has a 12-month low of $223.78 and a 12-month high of $344.57. The business's fifty day simple moving average is $309.00 and its 200-day simple moving average is $285.04. The company has a market capitalization of $4.46 trillion, a PE ratio of 35.01, a P/E/G ratio of 2.59 and a beta of 1.09. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, topping the consensus estimate of $1.89 by $0.13. The firm had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.The business's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.57 EPS. As a group, equities research analysts predict that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Dividend Announcement

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• Apple’s Next iPhone Could Test How Much Pricing Power Is Left

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AAPL shares. Citigroup reaffirmed a "buy" rating and issued a $365.00 price objective (up from $315.00) on shares of Apple in a research report on Monday, July 13th. BNP Paribas Exane upgraded shares of Apple from a "neutral" rating to an "outperform" rating and set a $300.00 target price for the company in a research note on Friday, April 17th. Monness Crespi & Hardt lifted their price target on shares of Apple from $315.00 to $335.00 and gave the stock a "buy" rating in a report on Friday, May 1st. Tigress Financial reissued a "strong-buy" rating and issued a $375.00 price objective (up from $305.00) on shares of Apple in a research report on Thursday, May 14th. Finally, HSBC upgraded Apple from a "hold" rating to a "buy" rating and boosted their target price for the stock from $260.00 to $366.00 in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $328.60.

• Why These 3 Equal Weight ETFs Have Outperformed the S&P This Year

Check Out Our Latest Stock Analysis on AAPL

Hedge Funds Weigh In On Apple

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC purchased a new stake in Apple in the second quarter valued at approximately $30,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Apple in the 4th quarter valued at $41,000. ROSS JOHNSON & Associates LLC increased its stake in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after acquiring an additional 180 shares during the period. LSV Asset Management purchased a new position in shares of Apple during the fourth quarter worth $65,000. Finally, Timmons Wealth Management LLC acquired a new position in Apple during the fourth quarter valued at $69,000. Hedge funds and other institutional investors own 67.73% of the company's stock.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is reportedly training a China-specific large language model with support from Alibaba after receiving regulatory approval. The move could help Apple Intelligence reach Chinese users, strengthen its position against Huawei and reduce reliance on third-party AI models in a strategically important market. Apple trains its own AI model for China market
• Positive Sentiment: Apple opened a 20,000-square-foot advanced manufacturing center in Houston, where it plans to assemble Mac mini computers and produce advanced AI servers. The facility supports domestic manufacturing, workforce training and the company’s broader U.S. investment commitments, potentially improving government relations and supply-chain resilience. Apple opens Houston manufacturing facility
• Positive Sentiment: Apple reportedly received approximately $2.2 billion from the broader tariff-refund program. The cash recovery could support near-term earnings and partially offset tariff-related costs. S&P 500 companies claim tariff refunds
• Positive Sentiment: Apple is discussing usage-based content agreements with publishers to improve an upgraded Siri’s access to current information. A more capable assistant could help close Apple’s perceived AI gap and support future services monetization, although licensing costs may rise. Apple in talks to pay publishers to improve Siri
• Neutral Sentiment: Sovereign wealth fund Norges Bank reportedly holds Apple as its second-largest global position, valued at 522 billion Norwegian kroner, while Sands Capital increased its stake. These disclosures reinforce institutional support but are not direct changes to Apple’s operations. Norway fund reveals Apple position
• Negative Sentiment: Google’s Pixel 11 places Gemini deeply into the smartphone experience ahead of Apple’s rebuilt Siri, raising concerns that Apple could lose AI momentum during the next iPhone cycle. Google Pixel 11 intensifies AI phone competition
• Negative Sentiment: Memory and other component costs are increasing, threatening gross margins even if iPhone demand remains strong. Jefferies also cut its price target, citing insufficient product and AI momentum to justify Apple’s premium valuation. Jefferies cuts Apple price target

Apple Company Profile

(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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