4 days Ago By Defense World Staff
Wealth Advisors Northwest LLC bought a new position in shares of Apple Inc. ( NASDAQ:AAPL – Free Report ) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 8,555 shares of the iPhone maker’s stock, valued at approximately $2,142,000.
Apple accounts for 1.5% of Wealth Advisors Northwest LLC’s investment portfolio, making the stock its 16th biggest position. A number of other institutional investors and hedge funds have also recently bought and sold shares of the business.
Drystone LLC purchased a new stake in shares of Apple during the fourth quarter worth about $25,000. Bull Oak Capital LLC grew its stake in Apple by 252.3% during the 3rd quarter.
Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after purchasing an additional 111 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new stake in Apple during the 3rd quarter worth approximately $71,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Apple in the 3rd quarter valued at approximately $77,000.
Finally, ARK Investment Management LLC purchased a new position in shares of Apple during the 3rd quarter valued at approximately $110,000. Institutional investors and hedge funds own 67.73% of the company’s stock.
Wall Street Analyst Weigh In A number of research analysts have commented on the stock. Loop Capital downgraded shares of Apple from a “buy” rating to a “hold” rating and set a $230.00 price objective on the stock.
in a research note on Tuesday, January 21st. Wedbush decreased their price target on Apple from $325.00 to $250.
00 and set an “outperform” rating for the company in a research note on Monday, April 7th. KeyCorp raised Apple from an “underweight” rating to a “sector weight” rating in a report on Monday. Maxim Group lifted their target price on Apple to $215.
00 and gave the stock a “hold” rating in a research report on Friday, February 21st. Finally, Oppenheimer lowered Apple from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company.
According to data from MarketBeat, Apple presently has an average rating of “Moderate Buy” and an average price target of $235.85. Apple Stock Down 0.
2 % Shares of NASDAQ:AAPL opened at $202.14 on Wednesday. The firm has a market capitalization of $3.
04 trillion, a P/E 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 quick ratio of 0.
88 and a current ratio of 0.92. The stock has a 50 day moving average price of $221.
65 and a 200-day moving average price of $230.79. Apple Inc.
has a 52-week low of $164.08 and a 52-week high of $260.10.
Apple ( NASDAQ:AAPL – Get Free Report ) last announced its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share (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%. As a group, equities research analysts anticipate that Apple Inc.
will post 7.28 EPS for the current fiscal year. Apple Dividend Announcement The firm 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 payout ratio is 15.87%. Insider Transactions at Apple In other Apple news, CEO Timothy D.
Cook sold 108,136 shares of the company’s 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 in the company, valued at $733,637,976.75.
This represents a 3.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website .
Also, COO Jeffrey E. Williams sold 35,493 shares of Apple stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $224.
01, for a total value of $7,950,786.93. Following the completion of the sale, the chief operating officer now directly owns 390,059 shares in the company, valued at $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 . Insiders sold 182,451 shares of company stock worth $40,818,720 in the last three months. Corporate insiders own 0.
06% of the company’s stock. 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.
Further Reading Five stocks we like better than Apple Top Biotech Stocks: Exploring Innovation Opportunities Beware of BigBear.ai: Insiders Are Selling—Should You? How Technical Indicators Can Help You Find Oversold Stocks CrowdStrike Stock is a Buy as Cyberthreat Environment Expands How to Use High Beta Stocks to Maximize Your Investing Profits Congress! 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.
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