4 days Ago By Defense World Staff
Lester Murray Antman dba SimplyRich trimmed its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 1.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 108,654 shares of the iPhone maker’s stock after selling 1,352 shares during the quarter. Apple accounts for about 7.8% of Lester Murray Antman dba SimplyRich’s portfolio, making the stock its biggest holding.
Lester Murray Antman dba SimplyRich’s holdings in Apple were worth $27,209,000 as of its most recent SEC filing. Several other large investors also recently made changes to their positions in AAPL. Drystone LLC acquired a new position in shares of Apple in the 4th quarter valued at $25,000.
Bull Oak Capital LLC raised its holdings in Apple by 252.3% during the 3rd quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock worth $36,000 after buying an additional 111 shares during the period.
SPX Gestao de Recursos Ltda purchased a new stake in Apple during the third quarter valued at about $71,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Apple in the third quarter worth about $77,000. Finally, ARK Investment Management LLC purchased a new position in shares of Apple in the third quarter worth approximately $110,000.
Institutional investors own 67.73% of the company’s stock. Insider Activity at AppleIn other Apple news, SVP Katherine L.
Adams sold 38,822 shares of Apple stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $223.67, for a total transaction of $8,683,316.
74. Following the sale, the senior vice president now directly owns 179,158 shares of the company’s stock, valued at approximately $40,072,269.86.
The trade was a 17.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Also, CEO Timothy D. Cook sold 108,136 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $223.
65, for a total value of $24,184,616.40. Following the completion of 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. The trade was a 3.19 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Over the last ninety days, insiders sold 182,451 shares of company stock worth $40,818,720. 0.
06% of the stock is owned by corporate insiders. Wall Street Analyst Weigh InSeveral brokerages recently commented on AAPL. Maxim Group upped their price target on shares of Apple to $215.
00 and gave the company a “hold” rating in a research report on Friday, February 21st. Citigroup reduced their target price on Apple from $275.00 to $245.
00 and set a “buy” rating for the company in a report on Monday. Monness Crespi & Hardt lifted their price target on Apple to $245.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd.
TD Cowen reissued a “buy” rating on shares of Apple in a research note on Tuesday, January 28th. Finally, Barclays raised their price objective on Apple from $183.00 to $197.
00 and gave the stock an “underweight” rating in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-two have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $235.
85.Read Our Latest Stock Analysis on AppleApple Price PerformanceShares of Apple stock opened at $202.14 on Wednesday.
The firm has a fifty day moving average price of $221.65 and a two-hundred day moving average price of $230.79.
Apple Inc. has a fifty-two week low of $164.08 and a fifty-two week high of $260.
10. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.
92 and a quick ratio of 0.88. The company has a market cap of $3.
04 trillion, a PE ratio of 32.09, a price-to-earnings-growth ratio of 2.44 and a beta of 1.
26. Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, January 30th. The iPhone maker reported $2.
40 earnings per share for the quarter, topping 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%.
Analysts expect that Apple Inc. will post 7.28 EPS for the current year.
Apple Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were given a dividend of $0.25 per share.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.49%.
The ex-dividend date was Monday, February 10th. Apple’s dividend payout ratio is presently 15.87%.
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.See AlsoFive stocks we like better than AppleWhat is a Death Cross in Stocks?Beware of BigBear.
ai: Insiders Are Selling—Should You?How to Calculate Options ProfitsCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWhat to Know About Investing in Penny StocksCongress! 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).
.
