Apple Inc. $AAPL Shares Sold by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP lessened its position in Apple Inc. (NASDAQ:AAPL) by 1.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,274,318 shares of the iPhone maker’s stock after selling 60,227 shares during the quarter. Apple makes up approximately 3.7% of Westfield Capital Management Co. LP’s investment portfolio, making the stock its 3rd largest position. Westfield Capital Management Co. LP’s holdings in Apple were worth $890,156,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AAPL. Norges Bank acquired a new stake in shares of Apple in the fourth quarter valued at $52,266,468,000. Nuveen LLC acquired a new stake in shares of Apple in the first quarter valued at $17,472,482,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Apple by 20,464.8% in the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock valued at $5,553,753,000 after buying an additional 26,937,401 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Apple by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 1,426,283,914 shares of the iPhone maker’s stock valued at $387,749,545,000 after buying an additional 26,856,752 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Apple by 13.3% in the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker’s stock valued at $42,918,365,000 after buying an additional 20,079,472 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AAPL shares. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a research report on Tuesday. Jefferies Financial Group reaffirmed a “hold” rating on shares of Apple in a research report on Tuesday. DA Davidson reaffirmed a “neutral” rating and set a $270.00 target price on shares of Apple in a research report on Friday, May 1st. KeyCorp reaffirmed a “sector weight” rating on shares of Apple in a research report on Tuesday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $310.00 target price (up from $300.00) on shares of Apple in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Apple presently has an average rating of “Moderate Buy” and an average price target of $314.59.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Erste Group Bank lifted its FY2026 and FY2027 EPS estimates for Apple, signaling continued confidence in earnings power and helping support the longer-term bull case.
• Positive Sentiment: Morgan Stanley raised its price target on Apple after WWDC, saying the event clarified Apple’s AI strategy and could support a stronger upgrade cycle over time. Article Title
• Positive Sentiment: TD Cowen also increased its price target, reflecting optimism that Apple’s AI rollout and ecosystem advantages can still drive upside from current levels.
• Neutral Sentiment: Apple unveiled Siri AI, updated iOS/macOS features, and several developer-facing changes at WWDC, but much of the reaction depends on whether these features translate into real device upgrades and services revenue.
• Neutral Sentiment: Reports that Apple will use Google Cloud and Nvidia GPUs for advanced AI workloads highlight a pragmatic AI strategy, but also suggest Apple is leaning on partners rather than owning the full stack.
• Negative Sentiment: Several articles say investors were disappointed that WWDC did not deliver a more dramatic AI surprise, with Siri AI viewed as incremental and monetization timing still unclear. Article Title
• Negative Sentiment: Analysts and option activity point to caution around Apple’s intermediate-term outlook, with some concern that older iPhones may not support the most compelling AI features, limiting the near-term upgrade cycle.

Insider Transactions at Apple

In other Apple news, SVP Deirdre O’brien sold 30,002 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $255.35, for a total value of $7,661,010.70. Following the transaction, the senior vice president directly owned 136,810 shares of the company’s stock, valued at $34,934,433.50. This represents a 17.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy D. Cook sold 64,949 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $254.23, for a total value of $16,511,984.27. Following the completion of the transaction, the chief executive officer directly owned 3,280,418 shares in the company, valued at approximately $833,980,668.14. The trade was a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 97,759 shares of company stock valued at $24,964,305. 0.06% of the stock is currently owned by company insiders.

Apple Stock Performance

Shares of AAPL stock opened at $291.58 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. Apple Inc. has a fifty-two week low of $195.07 and a fifty-two week high of $317.40. The stock’s 50-day moving average is $284.09 and its two-hundred day moving average is $271.97. The firm has a market cap of $4.28 trillion, a P/E ratio of 35.26, a PEG ratio of 2.53 and a beta of 1.09.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company had revenue of $111.18 billion for the quarter, compared to analyst estimates of $109.46 billion. During the same period in the prior year, the firm posted $1.65 EPS. The business’s revenue was up 16.6% compared to the same quarter last year. Analysts predict that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Monday, May 11th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. Apple’s payout ratio is currently 13.06%.

Apple Company Profile

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.