Ewa LLC Purchases 2,641 Shares of Apple Inc. (NASDAQ:AAPL)

Ewa LLC raised its stake in Apple Inc. (NASDAQ:AAPL – Free Report) by 14.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 21,562 shares of the iPhone maker’s stock after purchasing an additional 2,641 shares during the quarter. Apple accounts for 2.0% of Ewa LLC’s portfolio, making [...]

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Ewa LLC raised its stake in Apple Inc. ( NASDAQ:AAPL – Free Report ) by 14.0% in the 2nd quarter, according to its most recent disclosure with the SEC.

The fund owned 21,562 shares of the iPhone maker’s stock after purchasing an additional 2,641 shares during the quarter. Apple accounts for 2.0% of Ewa LLC’s portfolio, making the stock its 13th biggest position.



Ewa LLC’s holdings in Apple were worth $4,852,000 as of its most recent filing with the SEC. Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Yeomans Consulting Group Inc.

purchased a new stake in Apple in the fourth quarter worth $1,713,000. Raleigh Capital Management Inc. grew its stake in Apple by 11.

8% in the fourth quarter. Raleigh Capital Management Inc. now owns 15,511 shares of the iPhone maker’s stock worth $2,986,000 after purchasing an additional 1,643 shares during the period.

GLOBALT Investments LLC GA purchased a new stake in Apple in the fourth quarter worth $38,406,000. Barden Capital Management Inc. grew its stake in Apple by 132.

8% in the fourth quarter. Barden Capital Management Inc. now owns 32,636 shares of the iPhone maker’s stock worth $6,283,000 after purchasing an additional 18,615 shares during the period.

Finally, Sunpointe LLC purchased a new stake in Apple in the fourth quarter worth $4,782,000. Institutional investors own 60.41% of the company’s stock.

Insider Activity In other news, insider Chris Kondo sold 8,706 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $225.00, for a total transaction of $1,958,850.

00. Following the transaction, the insider now owns 15,419 shares of the company’s stock, valued at approximately $3,469,275. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website .

In related news, insider Chris Kondo sold 8,706 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $225.00, for a total transaction of $1,958,850.

00. Following the completion of the transaction, the insider now owns 15,419 shares in the company, valued at approximately $3,469,275. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink .

Also, SVP Katherine L. Adams sold 100,000 shares of the business’s stock in a transaction 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 approximately $39,542,136.

92. The disclosure for this sale can be found here . In the last 90 days, insiders have sold 113,884 shares of company stock valued at $23,723,887.

0.06% of the stock is currently owned by insiders. Apple Stock Up 0.

1 % Apple ( NASDAQ:AAPL – Get Free Report ) last posted its quarterly earnings results on Thursday, August 1st. The iPhone maker reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.

34 by $0.06. Apple had a return on equity of 147.

15% and a net margin of 26.44%. The company had revenue of $85.

78 billion for the quarter, compared to analysts’ expectations of $84.43 billion. During the same period in the previous year, the firm earned $1.

26 EPS. The firm’s revenue was up 4.9% compared to the same quarter last year.

Research analysts predict that Apple Inc. will post 6.7 EPS for the current fiscal year.

Apple Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Monday, August 12th were paid a $0.25 dividend.

This represents a $1.00 dividend on an annualized basis and a yield of 0.44%.

The ex-dividend date of this dividend was Monday, August 12th. Apple’s payout ratio is 15.55%.

Analysts Set New Price Targets Several equities research analysts recently weighed in on AAPL shares. New Street Research reaffirmed a “neutral” rating and issued a $225.00 price target on shares of Apple in a research note on Wednesday.

UBS Group increased their target price on Apple from $190.00 to $236.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 4th.

Evercore ISI reissued a “buy” rating and issued a $250.00 target price on shares of Apple in a research note on Thursday. Loop Capital raised Apple from a “hold” rating to a “buy” rating and increased their target price for the stock from $170.

00 to $300.00 in a research note on Monday, July 15th. Finally, StockNews.

com raised Apple from a “hold” rating to a “buy” rating in a research note on Friday, September 20th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $238.

76. Get Our Latest Analysis on Apple 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.

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