2 weeks Ago By ABMN Staff
Spirit of America Management Corp NY trimmed its stake in shares of Apple Inc. ( NASDAQ:AAPL – Free Report ) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 46,382 shares of the iPhone maker’s stock after selling 600 shares during the period. Apple comprises about 2.0% of Spirit of America Management Corp NY’s holdings, making the stock its 10th biggest holding.
Spirit of America Management Corp NY’s holdings in Apple were worth $9,769,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds and other institutional investors have also modified their holdings of the stock. 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. Institutional investors and hedge funds own 60.
41% of the company’s stock. Insider Buying and Selling at Apple In other news, insider Chris Kondo sold 5,178 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were 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 approximately $5,223,062.
50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . In related news, insider Chris Kondo sold 5,178 shares of the stock in a transaction dated Friday, August 9th.
The shares were sold at an average price of $216.50, for a total value of $1,121,037.00.
Following the completion of the transaction, the insider now owns 24,125 shares of the company’s stock, valued at $5,223,062.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website .
Also, SVP Katherine L. Adams sold 100,000 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $206.
44, for a total transaction 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 . Insiders have sold 113,884 shares of company stock valued at $23,723,887 in the last 90 days.
0.06% of the stock is currently owned by company insiders. Analyst Ratings Changes Get Our Latest Report on AAPL Apple Stock Performance NASDAQ:AAPL opened at $227.
79 on Monday. The firm’s 50-day moving average is $222.19 and its 200-day moving average is $202.
38. The company has a market cap of $3.49 trillion, a price-to-earnings ratio of 35.
43, a PEG ratio of 2.66 and a beta of 1.24.
The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.91 and a current ratio of 0.
95. Apple Inc. has a 52-week low of $164.
07 and a 52-week high of $237.23. 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, beating the consensus estimate of $1.34 by $0.
06. The firm had revenue of $85.78 billion during the quarter, compared to analysts’ expectations of $84.
43 billion. Apple had a return on equity of 147.15% and a net margin of 26.
44%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis.
During the same quarter in the prior year, the firm posted $1.26 EPS. Equities research analysts anticipate that Apple Inc.
will post 6.7 earnings per share for the current year. Apple Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, August 15th.
Shareholders of record on Monday, August 12th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 12th.
This represents a $1.00 dividend on an annualized basis and a yield of 0.44%.
Apple’s dividend payout ratio is currently 15.55%. 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 Reading 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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