4 days Ago By ABMN Staff
Kentucky Trust Co bought a new position in shares of Apple Inc. ( NASDAQ:AAPL – Free Report ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,700 shares of the iPhone maker’s stock, valued at approximately $7,688,000.
Apple accounts for about 4.5% of Kentucky Trust Co’s portfolio, making the stock its 2nd biggest holding. Several other large investors have also recently bought and sold shares of AAPL.
Drystone LLC acquired a new position in shares of Apple in the fourth quarter valued at $25,000. Bull Oak Capital LLC increased its holdings in Apple by 252.3% in the 3rd quarter.
Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after buying an additional 111 shares during the period. SPX Gestao de Recursos Ltda acquired a new position in shares of Apple in the 3rd quarter valued at $71,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Apple during the 3rd quarter worth about $77,000.
Finally, ARK Investment Management LLC acquired a new stake in shares of Apple during the 3rd quarter valued at about $110,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Apple In related news, CEO Timothy D. Cook sold 108,136 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $223.
65, for a total transaction of $24,184,616.40. Following the completion of the transaction, the chief executive officer now owns 3,280,295 shares in the company, valued at approximately $733,637,976.
75. The trade was a 3.19 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, COO Jeffrey E. Williams sold 35,493 shares of the stock in a transaction on Wednesday, April 2nd.
The stock was sold at an average price of $224.01, for a total transaction of $7,950,786.93.
Following the completion of the sale, the chief operating officer now owns 390,059 shares in the company, valued at approximately $87,377,116.59. This trade represents a 8.
34 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last quarter, insiders have sold 182,451 shares of company stock valued at $40,818,720.
0.06% of the stock is currently owned by company insiders. Analyst Ratings Changes View Our Latest Stock Report on AAPL Apple Stock Down 0.
2 % Shares of NASDAQ:AAPL opened at $202.14 on Wednesday. The company has a 50 day moving average of $221.
65 and a 200-day moving average of $230.79. Apple Inc.
has a one year low of $164.08 and a one year high of $260.10.
The stock has a market cap of $3.04 trillion, a price-to-earnings ratio of 32.09, a P/E/G ratio of 2.
44 and a beta of 1.26. The company has a debt-to-equity ratio of 1.
26, a current ratio of 0.92 and a quick ratio of 0.88.
Apple ( NASDAQ:AAPL – Get Free Report ) last released its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.
36 by $0.04. Apple had a net margin of 24.
30% and a return on equity of 160.83%. On average, sell-side analysts forecast that Apple Inc.
will post 7.28 earnings per share for the current year. Apple Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th.
Investors of record on Monday, February 10th were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, February 10th.
This represents a $1.00 dividend on an annualized basis and a yield of 0.49%.
Apple’s dividend payout ratio is presently 15.87%. Apple Company 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. Featured Articles 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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