Apple Inc. $AAPL Stock Bought by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC grew its holdings in Apple Inc. (NASDAQ:AAPL) by 24.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 27,958 shares of the iPhone maker’s stock after buying an additional 5,511 shares during the quarter. Apple comprises about 2.2% of Strata Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Strata Wealth Advisors LLC’s holdings in Apple were worth $9,311,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Sterling Wealth Management Inc. grew its stake in Apple by 0.3% during the 2nd quarter. Sterling Wealth Management Inc. now owns 11,579 shares of the iPhone maker’s stock worth $3,351,000 after purchasing an additional 30 shares in the last quarter. Thor Investment Management Inc. OH ADV raised its position in Apple by 1.6% in the 3rd quarter. Thor Investment Management Inc. OH ADV now owns 1,912 shares of the iPhone maker’s stock valued at $637,000 after purchasing an additional 30 shares in the last quarter. Evansbrook LLC raised its position in Apple by 0.4% in the 1st quarter. Evansbrook LLC now owns 8,095 shares of the iPhone maker’s stock valued at $2,054,000 after purchasing an additional 34 shares in the last quarter. JMG Financial Group Ltd. raised its position in Apple by 0.7% in the 1st quarter. JMG Financial Group Ltd. now owns 5,102 shares of the iPhone maker’s stock valued at $1,295,000 after purchasing an additional 35 shares in the last quarter. Finally, Wealth Forward LLC boosted its stake in shares of Apple by 0.3% in the 3rd quarter. Wealth Forward LLC now owns 13,327 shares of the iPhone maker’s stock valued at $4,438,000 after buying an additional 35 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Stock Performance

AAPL opened at $344.63 on Monday. Apple Inc. has a one year low of $243.42 and a one year high of $351.73. The company has a market cap of $5.03 trillion, a P/E ratio of 39.52, a PEG ratio of 2.74 and a beta of 1.07. 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 business’s 50-day simple moving average is $333.04 and its 200-day simple moving average is $296.38.

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

Apple News Roundup

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple acquired Ascension Labs, which operates as Ascend.io, gaining access to agentic artificial-intelligence talent and intellectual property. The deal supports Apple’s effort to strengthen its AI capabilities, although financial terms were not disclosed. Apple Acquires AI Firm Ascend.io Talent and Patents
• Positive Sentiment: Demand indicators remain supportive: the foldable iPhone Duo reportedly sold out quickly, orders are backed up, and Apple is positioned to benefit from strong iPhone, Mac and Services demand. Analysts including Bank of America and Goldman Sachs remain constructive, with BofA reiterating a Buy rating and a $370 price target. Analyst Reiterates Buy on Apple
• Positive Sentiment: The first touchscreen MacBook Pro, equipped with OLED displays and M5 Pro or M5 Max chips, expands Apple’s premium hardware lineup and could support a new product-cycle catalyst. Apple Shows First Touchscreen Laptops
• Neutral Sentiment: Apple’s earnings report is the immediate focus. Investors will look for evidence that revenue growth, Services momentum and AI investments can offset rising component costs and potentially slower holiday growth. Options activity suggests substantial volatility around the release. Apple November 2 Earnings Preview
• Negative Sentiment: AI-related demand has sharply increased flash-memory prices, raising concerns that Apple’s gross margin will come under pressure. Qualcomm also indicated that Apple-related revenue is declining faster than previously expected, reinforcing concerns about the pace of future iPhone growth. AI Has Made Flash Memory More Expensive
• Negative Sentiment: At roughly 40 times earnings and near its yearly high, Apple has limited room for an earnings or guidance disappointment. A senior vice president’s repeated stock sales and a South Korean fine related to app-market practices add modest additional caution. Apple Insider Selling

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Bank of America reissued a “buy” rating and set a $370.00 price objective on shares of Apple in a research report on Wednesday, September 23rd. KeyCorp reaffirmed an “underweight” rating on shares of Apple in a report on Thursday, October 15th. BTIG Research initiated coverage on shares of Apple in a report on Monday, August 17th. They issued a “neutral” rating on the stock. HSBC reiterated a “buy” rating on shares of Apple in a research note on Tuesday, October 27th. Finally, TD Cowen reiterated a “buy” rating and set a $400.00 price target on shares of Apple in a report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $340.49.

Insiders Place Their Bets

In other Apple news, CEO John Ternus sold 25,412 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total value of $8,460,671.28. Following the transaction, the chief executive officer directly owned 59,567 shares in the company, valued at $19,832,236.98. This represents a 29.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Deirdre O’brien sold 46,389 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the sale, the senior vice president directly owned 136,810 shares in the company, valued at approximately $45,615,190.20. The trade was a 25.32% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 289,252 shares of company stock valued at $96,301,063. 0.06% of the stock is owned by company insiders.

Apple Company Profile

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.