Apple Inc. $AAPL Shares Bought by Odyssean LLC

Odyssean LLC raised its holdings in Apple Inc. (NASDAQ:AAPL) by 77.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,211 shares of the iPhone maker’s stock after purchasing an additional 4,459 shares during the quarter. Odyssean LLC’s holdings in Apple were worth $2,955,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AAPL. Norges Bank acquired a new stake in Apple during the fourth quarter worth about $52,266,468,000. Legal & General Group Plc purchased a new position in Apple during the second quarter valued at approximately $30,443,242,000. Nuveen LLC purchased a new stake in Apple in the 1st quarter worth approximately $17,472,482,000. Deutsche Bank AG purchased a new stake in Apple in the 2nd quarter worth approximately $13,658,359,000. Finally, Cardano Risk Management B.V. grew its stake in shares of Apple by 890.7% during the 4th quarter. Cardano Risk Management B.V. now owns 41,984,810 shares of the iPhone maker’s stock worth $11,413,990,000 after purchasing an additional 37,746,784 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: New AI-focused Macs strengthen Apple’s edge-computing strategy. Apple launched updated Mac mini and Mac Studio desktops powered by the M6 and M5 Ultra chips, emphasizing local AI workloads. The M6 reportedly uses a 2-nanometer process, while the M5 Ultra supports large models with up to 512GB of unified memory. The products could expand Apple’s role in AI development without requiring the massive infrastructure spending undertaken by rivals. Apple announces new Mac Mini and Mac Studio models with AI upgrades
• Positive Sentiment: Evercore maintained an Outperform rating and $365 price target. The firm said the higher Mac mini prices appear justified by the performance improvements, providing a positive Wall Street signal even as AAPL trades at a demanding valuation. Apple Stock Reiterated as Outperform
• Positive Sentiment: Apple’s capital-light AI approach is attracting investor interest. With technology shares exposed to concerns about an AI infrastructure spending race, Apple’s focus on on-device AI and its existing hardware ecosystem is being viewed as a relative advantage. Apple Rises as Investors Flee the AI Spending Arms Race
• Neutral Sentiment: Apple reversed a planned change to Hide My Email. Preserving the privacy feature may support customer trust, but the move is unlikely to materially affect near-term revenue or earnings. Apple rescues Hide My Email feature
• Negative Sentiment: Higher Mac prices and memory shortages could limit demand. The new Mac mini reportedly starts at $899, while the top Mac Studio configuration can cost substantially more. Persistent memory constraints could raise component costs and eventually contribute to higher iPhone prices, pressuring consumer demand and margins. Apple launches faster Mac mini and Mac Studio
• Negative Sentiment: AI execution and restructuring remain concerns. Apple is cutting more than 200 positions across Siri and Vision Pro while redirecting resources toward AI and smart glasses. The shift may improve focus, but it also highlights delays and uncertainty around Apple’s AI product roadmap. Apple cuts 200 jobs in Siri and Vision Pro
• Negative Sentiment: Valuation leaves limited room for disappointment. Around $310 per share, AAPL carries a market value above $4.5 trillion and a forward-looking growth profile that depends heavily on the next iPhone cycle. Analysts remain constructive, but investors are sensitive to evidence of slower growth, pricing pressure or weaker AI adoption.

Insider Activity

In other Apple news, SVP Jennifer Newstead sold 1,439 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $307.49, for a total transaction of $442,478.11. Following the completion of the transaction, the senior vice president owned 38,668 shares of the company’s stock, valued at $11,890,023.32. This represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ben Borders sold 116 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the transaction, the insider owned 38,713 shares in the company, valued at approximately $11,425,754.82. This trade represents a 0.30% 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 quarter, insiders sold 2,994 shares of company stock worth $919,567. 0.06% of the stock is currently owned by insiders.

Apple Price Performance

Shares of NASDAQ AAPL opened at $309.90 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The firm has a fifty day moving average of $311.12 and a 200 day moving average of $287.69. The firm has a market cap of $4.52 trillion, a PE ratio of 35.54, a PEG ratio of 2.66 and a beta of 1.09. Apple Inc. has a one year low of $224.69 and a one year high of $344.57.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.13. The business had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the firm posted $1.57 earnings per share. As a group, research analysts predict that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio (DPR) is currently 12.39%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Apple in a report on Friday, July 31st. Morgan Stanley lowered their price target on shares of Apple from $364.00 to $360.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. China Renaissance cut shares of Apple from a “buy” rating to a “hold” rating and set a $280.00 price objective for the company. in a report on Tuesday, August 4th. Jefferies Financial Group downgraded shares of Apple from a “buy” rating to an “underperform” rating and decreased their price objective for the stock from $285.56 to $263.66 in a research report on Monday, August 10th. Finally, BTIG Research initiated coverage on shares of Apple in a research note on Monday, August 17th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $330.53.

Apple 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.