Apple Inc. $AAPL Stock Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. trimmed its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 182,489 shares of the iPhone maker’s stock after selling 2,012 shares during the quarter. Apple makes up approximately 3.0% of Valley Wealth Managers Inc.’s investment portfolio, making the stock its 2nd biggest holding. Valley Wealth Managers Inc.’s holdings in Apple were worth $60,773,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Avenir Tech Ltd purchased a new stake in Apple during the second quarter valued at approximately $29,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Apple during the second quarter worth $30,000. Lifetime Wealth Management P.C. acquired a new position in shares of Apple during the fourth quarter worth $41,000. Ascentis Wealth Management LLC lifted its holdings in shares of Apple by 822.7% during the 2nd quarter. Ascentis Wealth Management LLC now owns 292,493 shares of the iPhone maker’s stock valued at $85,000 after purchasing an additional 260,792 shares during the last quarter. Finally, Bamco Inc. NY purchased a new stake in shares of Apple during the 2nd quarter valued at $118,000. Institutional investors own 67.73% of the company’s stock.

Apple Trading Down 1.0%

Apple stock opened at $339.50 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. Apple Inc. has a 12 month low of $243.42 and a 12 month high of $348.15. The stock’s 50 day simple moving average is $327.22 and its two-hundred day simple moving average is $307.80. The firm has a market cap of $4.95 trillion, a PE ratio of 38.93, a P/E/G ratio of 2.72 and a beta of 1.07.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%. The company had revenue of $109.42 billion during the quarter, compared to analysts’ expectations of $109.04 billion. During the same quarter in the prior year, the firm posted $1.57 EPS. Apple’s quarterly revenue was up 16.4% compared to the same quarter last year. Analysts anticipate that Apple Inc. will post 8.75 earnings per share for the current year.

Apple Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple’s dividend payout ratio is presently 12.39%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of several research analyst reports. Loop Capital lowered shares of Apple from a “buy” rating to a “hold” rating and decreased their price objective for the company from $370.00 to $330.00 in a research report on Tuesday. Jefferies Financial Group reissued an “underperform” rating on shares of Apple in a research report on Wednesday, September 9th. Sanford C. Bernstein restated an “outperform” rating on shares of Apple in a research note on Friday, September 25th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $303.00 price target on shares of Apple in a report on Thursday, September 10th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $270.00 price target on shares of Apple in a report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $340.12.

Key Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone Duo demand: Apple’s $1,999 foldable iPhone reportedly generated extraordinary preorders, with delivery estimates extending into January 2027. The response supports premium pricing and suggests the new product could become a meaningful growth catalyst. Apple’s $1,999 foldable phone is set to hit stores Friday
• Positive Sentiment: Upcoming Mac launch: Apple scheduled its “Pro and Tell” event for October 28, where analysts expect new Macs and potentially the company’s first touchscreen MacBook. The event could provide a near-term catalyst and demonstrate momentum under CEO John Ternus. Apple announces product launch event for Oct. 28
• Positive Sentiment: Supply-chain and ecosystem investments: Apple committed up to $100 million to a U.S. titanium supplier to support iPhone production. Apple Wallet car-key support is also expanding to select General Motors vehicles, strengthening the company’s hardware and services ecosystem. Apple commits up to $100 million for U.S. titanium
• Neutral Sentiment: Mixed analyst outlook: Bank of America and JPMorgan maintained bullish ratings, citing iPhone Duo demand and long-term AI potential, while other analysts have become more cautious.
• Negative Sentiment: Downgrades and demand concerns: Loop Capital downgraded AAPL to Hold and cut its price target from $370 to $330, citing risks that iPhone shipments may not recover as expected. KeyBanc also flagged weaker upgrade intentions among consumers. Apple gets a downgrade from Loop Capital on fears of slow iPhone sales
• Negative Sentiment: Margin and valuation risk: UBS expects higher memory and component costs to pressure gross margins while iPhone growth slows. With Apple trading at a premium earnings multiple, investors may require stronger earnings or a new catalyst to support further gains. Apple faces gross margin pressure as UBS flags slowing iPhone growth

Insiders Place Their Bets

In other Apple news, SVP Jennifer Newstead sold 2,399 shares of the stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $345.00, for a total value of $827,655.00. Following the completion of the sale, the senior vice president owned 37,194 shares in the company, valued at approximately $12,831,930. This represents a 6.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John Ternus sold 25,412 shares of Apple stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the transaction, the chief executive officer owned 59,567 shares in the company, valued at approximately $19,832,236.98. The trade was a 29.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 284,454 shares of company stock valued at $94,662,594. Corporate insiders own 0.06% of the company’s stock.

About Apple

Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.