Apple Inc. (NASDAQ:AAPL) Shares Sold by Alaska Wealth Advisors

Alaska Wealth Advisors reduced its position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 32.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.

The fund owned 8,761 shares of the iPhone maker’s stock after selling 4,202 shares during the period. Apple accounts for about 0.3% of Alaska Wealth Advisors’ holdings, making the stock its 25th biggest holding.



Alaska Wealth Advisors’ holdings in Apple were worth $2,194,000 at the end of the most recent reporting period. Other institutional investors also recently bought and sold shares of the company. AMF Tjanstepension AB increased its stake in shares of Apple by 21.

1% during the third quarter. AMF Tjanstepension AB now owns 3,380,064 shares of the iPhone maker’s stock worth $787,631,000 after buying an additional 588,427 shares during the period. Latitude Advisors LLC boosted its stake in shares of Apple by 0.

3% during the third quarter. Latitude Advisors LLC now owns 17,236 shares of the iPhone maker’s stock worth $4,016,000 after buying an additional 50 shares during the period. 1858 Wealth Management LLC increased its holdings in shares of Apple by 5.

9% in the third quarter. 1858 Wealth Management LLC now owns 33,116 shares of the iPhone maker’s stock valued at $7,716,000 after purchasing an additional 1,846 shares during the period. Berry Wealth Group LP boosted its holdings in shares of Apple by 1.

5% in the third quarter. Berry Wealth Group LP now owns 40,903 shares of the iPhone maker’s stock valued at $9,530,000 after acquiring an additional 597 shares in the last quarter. Finally, Little House Capital LLC raised its stake in shares of Apple by 14.

2% during the 3rd quarter. Little House Capital LLC now owns 105,070 shares of the iPhone maker’s stock worth $24,481,000 after buying an additional 13,055 shares in the last quarter. 67.

73% of the stock is owned by hedge funds and other institutional investors. Apple Trading Down 0.2 %Shares of Apple stock opened at $202.

14 on Wednesday. The business has a fifty day simple moving average of $221.65 and a 200-day simple moving average of $230.

79. The firm has a market cap of $3.04 trillion, a price-to-earnings ratio of 32.

09, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26.

Apple Inc. has a fifty-two week low of $164.08 and a fifty-two week high of $260.

10. The company has a quick ratio of 0.88, a current ratio of 0.

92 and a debt-to-equity ratio of 1.26. Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings results on Thursday, January 30th.

The iPhone maker reported $2.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.

04. Apple had a return on equity of 160.83% and a net margin of 24.

30%. On average, equities analysts forecast that Apple Inc. will post 7.

28 EPS for the current fiscal year. Apple Announces DividendThe business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 10th were paid a $0.

25 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.

00 annualized dividend and a yield of 0.49%. Apple’s dividend payout ratio is presently 15.

87%. Wall Street Analysts Forecast GrowthSeveral equities research analysts have recently commented on AAPL shares. Maxim Group boosted their price target on Apple to $215.

00 and gave the stock a “hold” rating in a research note on Friday, February 21st. Jefferies Financial Group raised Apple from an “underperform” rating to a “hold” rating and reduced their price objective for the company from $202.33 to $167.

88 in a research note on Wednesday, April 9th. JPMorgan Chase & Co. lowered their target price on Apple from $270.

00 to $245.00 and set an “overweight” rating for the company in a research note on Monday. Raymond James increased their price target on Apple to $250.

00 and gave the company a “buy” rating in a report on Friday, April 4th. Finally, Morgan Stanley reduced their price target on shares of Apple from $252.00 to $220.

00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.

com, the company has a consensus rating of “Moderate Buy” and an average price target of $235.85.Read Our Latest Stock Report on AAPLInsider Activity at AppleIn related news, SVP Katherine L.

Adams sold 38,822 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $223.67, for a total value of $8,683,316.

74. Following the transaction, the senior vice president now directly owns 179,158 shares in the company, valued at approximately $40,072,269.86.

This trade represents a 17.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link.

Also, CEO Timothy D. Cook sold 108,136 shares of the business’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $223.

65, for a total transaction of $24,184,616.40. Following the transaction, the chief executive officer now directly owns 3,280,295 shares of the company’s stock, valued at approximately $733,637,976.

75. This represents a 3.19 % decrease in their position.

The disclosure for this sale can be found here. Over the last 90 days, insiders sold 182,451 shares of company stock valued at $40,818,720. Insiders own 0.

06% of the company’s stock. About Apple (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 ReadingFive stocks we like better than AppleHow to Buy Gold Stock and Invest in GoldBeware of BigBear.ai: Insiders Are Selling—Should You?Pros And Cons Of Monthly Dividend StocksCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsGrowth Stocks: What They Are, Examples and How to InvestCongress! Who Traded What During the Tariff-Induced Meltdown 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)..