Apple Inc. $AAPL Stock Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its stake in Apple Inc. (NASDAQ:AAPL) by 5.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,469,550 shares of the iPhone maker’s stock after buying an additional 220,854 shares during the period. Apple makes up approximately 3.9% of TD Waterhouse Canada Inc.’s holdings, making the stock its 3rd biggest position. TD Waterhouse Canada Inc.’s holdings in Apple were worth $1,465,934,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AAPL. Peddock Capital Advisors LLC boosted its position in Apple by 4.3% during the third quarter. Peddock Capital Advisors LLC now owns 104,788 shares of the iPhone maker’s stock worth $34,634,000 after purchasing an additional 4,282 shares during the period. Opal Wealth Advisors LLC grew its holdings in Apple by 15.1% during the third quarter. Opal Wealth Advisors LLC now owns 53,720 shares of the iPhone maker’s stock valued at $17,793,000 after purchasing an additional 7,051 shares during the last quarter. KFG Wealth Management LLC raised its position in shares of Apple by 0.6% in the third quarter. KFG Wealth Management LLC now owns 28,429 shares of the iPhone maker’s stock valued at $9,385,000 after purchasing an additional 162 shares during the period. ARS Wealth Advisors Group LLC raised its position in shares of Apple by 6.7% in the third quarter. ARS Wealth Advisors Group LLC now owns 191,071 shares of the iPhone maker’s stock valued at $63,630,000 after purchasing an additional 12,023 shares during the period. Finally, James T. Borello RIA raised its position in shares of Apple by 2.2% in the third quarter. James T. Borello RIA now owns 8,004 shares of the iPhone maker’s stock valued at $2,665,000 after purchasing an additional 169 shares during the period. Institutional investors own 67.73% of the company’s stock.

Insider Activity at Apple

In related news, insider Timothy Cook sold 191,753 shares of the company’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.96, for a total transaction of $63,846,078.88. Following the completion of the transaction, the insider directly owned 3,264,168 shares in the company, valued at $1,086,837,377.28. This represents a 5.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Ternus sold 25,412 shares of the stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the sale, the chief executive officer directly owned 59,567 shares of the company’s stock, valued at approximately $19,832,236.98. This trade represents a 29.90% decrease in their ownership of the stock. 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. Insiders have sold 289,252 shares of company stock valued at $96,301,063 in the last 90 days. 0.06% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AAPL. Seaport Research Partners cut shares of Apple from a “buy” rating to a “neutral” rating in a research note on Monday, August 17th. The Goldman Sachs Group started coverage on shares of Apple in a report on Monday, August 17th. They issued a “buy” rating on the stock. Daiwa Securities Group lifted their target price on shares of Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. boosted their target price on shares of Apple from $340.00 to $360.00 and gave the stock an “overweight” rating in a research report on Monday, October 12th. Finally, Monness Crespi & Hardt restated a “buy” rating and set a $355.00 price target on shares of Apple in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Apple presently has a consensus rating of “Moderate Buy” and an average target price of $340.49.

Key Stories Impacting Apple

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

Apple Stock Down 1.2%

Shares of AAPL stock opened at $344.63 on Friday. Apple Inc. has a 12 month low of $243.42 and a 12 month high of $351.73. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The firm has a market cap of $5.03 trillion, a PE ratio of 39.52, a price-to-earnings-growth ratio of 2.76 and a beta of 1.07. The stock has a 50 day moving average of $333.04 and a 200-day moving average of $296.38.

Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, topping 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%. Apple’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company posted $1.57 earnings per share. On average, equities analysts predict that Apple Inc. will post 8.75 EPS for the current year.

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.