Osprey Private Wealth LLC Buys 5,515 Shares of Apple Inc. $AAPL

Osprey Private Wealth LLC increased its stake in shares of Apple Inc. (NASDAQ:AAPL) by 19.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,148 shares of the iPhone maker’s stock after purchasing an additional 5,515 shares during the period. Apple makes up 2.5% of Osprey Private Wealth LLC’s investment portfolio, making the stock its 17th largest holding. Osprey Private Wealth LLC’s holdings in Apple were worth $8,666,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AAPL. Avid Wealth Partners LLC boosted its holdings in Apple by 15.9% in the first quarter. Avid Wealth Partners LLC now owns 7,215 shares of the iPhone maker’s stock worth $1,831,000 after purchasing an additional 992 shares during the last quarter. Barnett & Company Inc. raised its stake in Apple by 14.6% during the 1st quarter. Barnett & Company Inc. now owns 4,490 shares of the iPhone maker’s stock valued at $1,139,000 after buying an additional 573 shares during the last quarter. Villere ST Denis J & Co. LLC lifted its holdings in shares of Apple by 24.4% during the 1st quarter. Villere ST Denis J & Co. LLC now owns 105,058 shares of the iPhone maker’s stock valued at $26,663,000 after buying an additional 20,573 shares during the period. Walled Lake Planning & Wealth Management LLC lifted its holdings in shares of Apple by 0.4% during the 1st quarter. Walled Lake Planning & Wealth Management LLC now owns 45,234 shares of the iPhone maker’s stock valued at $11,480,000 after buying an additional 180 shares during the period. Finally, AlpenGlobal Capital LLC purchased a new position in shares of Apple in the 1st quarter worth $1,514,000. Institutional investors own 67.73% of the company’s stock.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Ford said it will embed Apple Maps into upcoming EVs, expanding Apple’s software reach and reinforcing the value of its ecosystem. Ford Embeds Apple Maps Directly into Upcoming EVs
• Positive Sentiment: Baird raised its price target on Apple and reiterated an Outperform rating, adding to bullish analyst momentum. Finviz
• Positive Sentiment: Commentary highlighted Apple as outperforming the broader market, supported by strong ratings and a favorable chart setup ahead of earnings. Why is Apple stock outperforming the broader market?
• Neutral Sentiment: Apple was also the subject of discussion around upcoming product launches, AI features, and a possible device-leasing program, which could support demand but remain unconfirmed or longer-term in nature.
• Negative Sentiment: Some reports noted concerns that Apple’s valuation is stretched heading into earnings, and insider sales plus short-interest chatter may temper enthusiasm if results disappoint.

Insider Buying and Selling at Apple

In related news, insider Ben Borders sold 1,274 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the transaction, the insider directly owned 38,713 shares of the company’s stock, valued at approximately $11,226,770. This trade represents a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

AAPL has been the subject of several research analyst reports. Robert W. Baird lifted their price objective on Apple from $310.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of Apple in a report on Wednesday, July 15th. UBS Group set a $365.00 target price on Apple in a research report on Tuesday. HSBC upgraded Apple from a “hold” rating to a “buy” rating and boosted their price target for the company from $260.00 to $366.00 in a research note on Thursday, July 16th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Apple in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $327.40.

Apple Stock Performance

Shares of AAPL opened at $333.02 on Friday. The business has a 50-day simple moving average of $306.62 and a two-hundred day simple moving average of $279.01. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. Apple Inc. has a 52 week low of $201.50 and a 52 week high of $334.99. The stock has a market cap of $4.89 trillion, a price-to-earnings ratio of 40.27, a PEG ratio of 2.78 and a beta of 1.10.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The firm had revenue of $111.18 billion for the quarter, compared to analysts’ expectations of $109.46 billion. During the same period in the previous year, the firm earned $1.65 EPS. The business’s quarterly revenue was up 16.6% on a year-over-year basis. On average, analysts expect that Apple Inc. will post 8.76 EPS for the current year.

Apple Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Monday, May 11th were given a dividend of $0.27 per share. The ex-dividend date was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple’s dividend payout ratio (DPR) is 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.