Key Points
- Apple SVP Jennifer Newstead sold 2,399 shares at an average price of $336.18, generating approximately $806,496. Her remaining stake totals 41,992 shares, a 5.4% reduction.
- Apple reported quarterly EPS of $2.02, exceeding estimates of $1.89, while revenue rose 16.4% year over year to $109.42 billion.
- Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $340.02, although some firms recently downgraded the stock to “Hold” or “Neutral.”
Apple Inc. (NASDAQ:AAPL - Get Free Report) SVP Jennifer Newstead sold 2,399 shares of the business's stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $336.18, for a total value of $806,495.82. Following the completion of the sale, the senior vice president owned 41,992 shares in the company, valued at $14,116,870.56. This represents a 5.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Jennifer Newstead also recently made the following trade(s):
- On Tuesday, September 22nd, Jennifer Newstead sold 2,399 shares of Apple stock. The shares were sold at an average price of $340.06, for a total value of $815,803.94.
- On Tuesday, September 15th, Jennifer Newstead sold 1,438 shares of Apple stock. The shares were sold at an average price of $330.19, for a total value of $474,813.22.
- On Tuesday, September 8th, Jennifer Newstead sold 1,438 shares of Apple stock. The stock was sold at an average price of $317.23, for a total transaction of $456,176.74.
- On Tuesday, September 1st, Jennifer Newstead sold 1,439 shares of Apple stock. The stock was sold at an average price of $317.01, for a total transaction of $456,177.39.
- On Tuesday, August 25th, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $310.95, for a total transaction of $447,457.05.
- On Tuesday, August 18th, Jennifer Newstead sold 1,439 shares of Apple stock. The stock was sold at an average price of $307.49, for a total transaction of $442,478.11.
- On Tuesday, August 11th, Jennifer Newstead sold 1,439 shares of Apple stock. The shares were sold at an average price of $307.75, for a total transaction of $442,852.25.
Apple Stock Down 0.8%
Apple stock opened at $330.32 on Friday. The firm has a market capitalization of $4.82 trillion, a P/E ratio of 37.88, a P/E/G ratio of 2.89 and a beta of 1.07. 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 Inc. has a twelve month low of $243.42 and a twelve month high of $345.34. The stock's fifty day simple moving average is $322.14 and its 200-day simple moving average is $299.78.
Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%.The firm had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same period last year, the business posted $1.57 earnings per share. Apple's revenue was up 16.4% compared to the same quarter last year. As a group, equities analysts expect that Apple Inc. will post 8.74 earnings per share for the current fiscal year.
Apple Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple's payout ratio is 12.39%.
Analyst Ratings Changes
AAPL has been the topic of several recent analyst reports. UBS Group reissued a "buy" rating on shares of Apple in a report on Thursday, September 17th. Argus upped their price objective on Apple from $325.00 to $375.00 in a research report on Monday, June 8th. Citic Securities increased their price objective on Apple from $300.00 to $349.00 in a report on Thursday, August 6th. Seaport Research Partners lowered Apple from a "buy" rating to a "neutral" rating in a research report on Monday, August 17th. Finally, Deutsche Bank Aktiengesellschaft cut Apple from a "buy" rating to a "hold" rating in a research note on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Apple has an average rating of "Moderate Buy" and an average target price of $340.02.
Check Out Our Latest Analysis on Apple
Apple News Summary
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple’s new fall product cycle is supporting revenue expectations. Morgan Stanley modestly raised its revenue forecast following the product launches, while Counterpoint expects approximately 6 million units of Apple’s $1,999 iPhone Duo foldable to be sold this year. Strong early iPhone 18 Pro demand in China—up 12% year over year during launch week—also supports near-term sales momentum. Apple’s Fall Product Cycle Could Support Revenue Growth
- Positive Sentiment: Apple is expanding its ecosystem beyond the iPhone. Health-focused Apple Watch features, including a health-age metric and Readiness score, could help defend its wearables lead, while a planned October 13 smart-home event may introduce a new hub centered on Siri and Apple Intelligence. Apple Is Betting Improved Heart and Health Insights Will Boost Watch Sales
- Neutral Sentiment: Morgan Stanley lowered its Apple price target to $355 from $360 but retained an Overweight rating. Analysts cited higher memory and component costs and potential iPhone pricing pressure, which largely offset the benefit from stronger product revenue. Morgan Stanley Adjusts Price Target on Apple
- Negative Sentiment: A jury ordered Apple to pay $5.7 billion over Taptic Engine patent claims, raising concerns about additional royalties and pressure on hardware margins. The company also faces a UK marketplace class action. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
- Negative Sentiment: Investors remain concerned that AI agents such as Meta’s Muse could bypass Apple’s App Store and weaken its high-margin services ecosystem. Analysts said Apple’s product roadmap is attractive but lacks a clear catalyst after its recent rally. Apple Stock’s Upside May Be Limited as AI Agents Could Disrupt Business
- Negative Sentiment: Apple SVP Jennifer Newstead sold 2,399 shares worth approximately $806,496, reducing her holdings by 5.4%. The sale is relatively small compared with her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing
Hedge Funds Weigh In On Apple
Several large investors have recently bought and sold shares of the stock. First Financial Bank Trust Division grew its holdings in shares of Apple by 29.4% during the third quarter. First Financial Bank Trust Division now owns 158,616 shares of the iPhone maker's stock worth $50,807,000 after purchasing an additional 36,029 shares during the last quarter. Burkett Financial Services LLC lifted its holdings in shares of Apple by 9.1% in the 3rd quarter. Burkett Financial Services LLC now owns 15,278 shares of the iPhone maker's stock valued at $5,076,000 after purchasing an additional 1,278 shares during the last quarter. Hickory Point Bank & Trust lifted its holdings in shares of Apple by 1.0% in the 3rd quarter. Hickory Point Bank & Trust now owns 10,829 shares of the iPhone maker's stock valued at $3,606,000 after purchasing an additional 112 shares during the last quarter. Stonebridge Financial Group LLC boosted its position in shares of Apple by 12.1% in the 3rd quarter. Stonebridge Financial Group LLC now owns 150,636 shares of the iPhone maker's stock valued at $49,277,000 after purchasing an additional 16,234 shares during the period. Finally, Marathon Mission Inc. boosted its position in shares of Apple by 2.2% in the 3rd quarter. Marathon Mission Inc. now owns 4,978 shares of the iPhone maker's stock valued at $1,658,000 after purchasing an additional 107 shares during the period. Institutional investors and hedge funds own 67.73% of the company's stock.
Apple Company Profile
(
Get 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.
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