2 weeks Ago By ABMN Staff
Institute for Wealth Management LLC. lifted its stake in Apple Inc. ( NASDAQ:AAPL – Free Report ) by 2.
8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 128,382 shares of the iPhone maker’s stock after purchasing an additional 3,476 shares during the quarter. Apple accounts for about 3.
6% of Institute for Wealth Management LLC.’s investment portfolio, making the stock its 2nd largest holding. Institute for Wealth Management LLC.
’s holdings in Apple were worth $27,040,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors have also recently bought and sold shares of the company. Christopher J.
Hasenberg Inc acquired a new stake in Apple during the 1st quarter valued at $35,000. Fidelis Capital Partners LLC raised its position in Apple by 17.9% during the first quarter.
Fidelis Capital Partners LLC now owns 206,455 shares of the iPhone maker’s stock valued at $35,000 after buying an additional 31,278 shares during the period. A.P.
Gilfoyle & Co. L.P.
purchased a new stake in Apple in the 4th quarter worth about $39,000. University of Texas Texas AM Investment Managment Co. boosted its position in Apple by 657.
1% during the 4th quarter. University of Texas Texas AM Investment Managment Co. now owns 424 shares of the iPhone maker’s stock worth $82,000 after acquiring an additional 368 shares during the period.
Finally, Clarity Asset Management Inc. purchased a new position in Apple during the 4th quarter valued at about $85,000. Hedge funds and other institutional investors own 60.
41% of the company’s stock. Insider Activity at Apple In related news, insider Chris Kondo sold 5,178 shares of Apple stock in a transaction on Friday, August 9th. The stock was sold at an average price of $216.
50, for a total transaction of $1,121,037.00. Following the completion of the sale, the insider now directly owns 24,125 shares of the company’s stock, valued at $5,223,062.
50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website . In other Apple news, SVP Katherine L.
Adams sold 100,000 shares of Apple stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $206.44, for a total value of $20,644,000.
00. Following the transaction, the senior vice president now owns 191,543 shares of the company’s stock, valued at $39,542,136.92.
The sale was disclosed in a legal filing with the SEC, which is accessible through this link . Also, insider Chris Kondo sold 5,178 shares of the company’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $216.
50, for a total transaction of $1,121,037.00. Following the completion of the transaction, the insider now directly owns 24,125 shares of the company’s stock, valued at $5,223,062.
50. The disclosure for this sale can be found here . Insiders have sold 113,884 shares of company stock worth $23,723,887 over the last ninety days.
Company insiders own 0.06% of the company’s stock. Analyst Ratings Changes Get Our Latest Stock Report on AAPL Apple Stock Performance Apple stock opened at $227.
79 on Monday. The stock has a 50-day simple moving average of $222.19 and a 200 day simple moving average of $202.
38. The stock has a market capitalization of $3.49 trillion, a price-to-earnings ratio of 35.
43, a P/E/G ratio of 2.66 and a beta of 1.24.
The company has a quick ratio of 0.91, a current ratio of 0.95 and a debt-to-equity ratio of 1.
29. Apple Inc. has a 12-month low of $164.
07 and a 12-month high of $237.23. Apple ( NASDAQ:AAPL – Get Free Report ) last announced its quarterly earnings data on Thursday, August 1st.
The iPhone maker reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.
06. The firm had revenue of $85.78 billion for the quarter, compared to analyst estimates of $84.
43 billion. Apple had a return on equity of 147.15% and a net margin of 26.
44%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year.
During the same period last year, the company earned $1.26 EPS. On average, research analysts anticipate that Apple Inc.
will post 6.7 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 15th.
Investors of record on Monday, August 12th were paid a dividend of $0.25 per share. This represents a $1.
00 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend was Monday, August 12th.
Apple’s dividend payout ratio (DPR) is 15.55%. Apple Profile ( Free Report ) Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. Further Reading Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc.
( NASDAQ:AAPL – Free Report ). Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter .
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