Peoples Bank KS Sells 6,833 Shares of Apple Inc. $AAPL

Peoples Bank KS cut its stake in Apple Inc. (NASDAQ:AAPL) by 33.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,824 shares of the iPhone maker’s stock after selling 6,833 shares during the period. Apple makes up approximately 3.5% of Peoples Bank KS’s holdings, making the stock its 4th largest holding. Peoples Bank KS’s holdings in Apple were worth $3,520,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AAPL. Asset Allocation Strategies LLC increased its position in shares of Apple by 2.3% in the third quarter. Asset Allocation Strategies LLC now owns 7,627 shares of the iPhone maker’s stock valued at $1,942,000 after buying an additional 168 shares in the last quarter. NatWest Group plc acquired a new stake in Apple in the 3rd quarter valued at about $25,900,000. Cox Capital Mgt LLC increased its holdings in Apple by 31.3% during the 3rd quarter. Cox Capital Mgt LLC now owns 19,701 shares of the iPhone maker’s stock valued at $5,016,000 after acquiring an additional 4,698 shares in the last quarter. Dixon Fnancial Services Inc. raised its position in Apple by 61.1% during the third quarter. Dixon Fnancial Services Inc. now owns 26,576 shares of the iPhone maker’s stock worth $6,767,000 after acquiring an additional 10,075 shares during the last quarter. Finally, RDA Financial Network lifted its holdings in shares of Apple by 0.7% in the third quarter. RDA Financial Network now owns 47,520 shares of the iPhone maker’s stock valued at $12,100,000 after purchasing an additional 349 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Buying and Selling at Apple

In other Apple news, SVP Katherine L. Adams sold 47,125 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $256.79, for a total transaction of $12,101,228.75. Following the completion of the sale, the senior vice president owned 179,158 shares of the company’s stock, valued at approximately $46,005,982.82. The trade was a 20.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kevan Parekh sold 4,199 shares of the firm’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $247.39, for a total value of $1,038,790.61. Following the completion of the transaction, the chief financial officer owned 8,765 shares in the company, valued at approximately $2,168,373.35. This trade represents a 32.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 228,052 shares of company stock worth $58,604,588. 0.06% of the stock is currently owned by company insiders.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Wall Street bullishness: multiple firms raised targets and highlighted upside tied to AI initiatives and iPhone strength — Morgan Stanley raised its target and analysts (including Wedbush) see material upside into 2026. Morgan Stanley Lifts Apple Inc. (AAPL) Price Target on Earnings Growth Expectations Apple (AAPL) Stock: Wall Street Analysts See Major Upside as AI Plans Unfold
• Positive Sentiment: iPhone demand momentum: Jefferies raised its target after stronger-than-expected iPhone sales/seasonality, supporting near-term revenue and Services leverage. Apple (AAPL) Target Raised as Jefferies Sees Stronger iPhone Demand
• Positive Sentiment: Product / AI runway: reports say Apple is targeting 2026 launches for AI smart glasses and camera-equipped AirPods — potential new hardware + AI services revenue streams. Apple Targets 2026 Launch For AI Smart Glasses, Camera-Equipped AirPods
• Neutral Sentiment: Investor flows & positioning: commentary anticipates year?end rotation and a potential Q1 shift out of overbought mega?cap tech into cyclical names, which could pressure AAPL temporarily even if fundamentals remain solid. Tech Rotation to Follow Santa Claus Rally, AAPL 2026 “Favorite”
• Neutral Sentiment: Berkshire chatter: pieces predicting Berkshire may stop selling AAPL in 2026 are supportive of long-term holder confidence but are speculative and may have limited immediate flow impact. Prediction: Berkshire Hathaway Will Stop Selling Apple Stock in 2026
• Negative Sentiment: Regulatory hit in Europe: Italy’s antitrust authority fined Apple ~€98.6M for alleged App Store abuse tied to a privacy feature — a small direct cost but a reminder of regulatory risk and potential for follow?on actions. Italy’s antitrust fines Apple for alleged abuse of dominant position with App Store
• Negative Sentiment: Input?cost and margin pressure risk: commentators warn rising memory prices (Micron) could squeeze iPhone component costs and margins if not offset by pricing or mix. Jim Cramer Says “Apple Might Be Hurt By Higher Memory Prices From Micron”

Apple Stock Performance

NASDAQ AAPL opened at $270.92 on Tuesday. The business’s 50-day moving average price is $270.62 and its 200 day moving average price is $240.31. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 1.06. Apple Inc. has a twelve month low of $169.21 and a twelve month high of $288.62. The company has a market capitalization of $4.00 trillion, a PE ratio of 36.27, a price-to-earnings-growth ratio of 2.56 and a beta of 1.10.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, October 30th. The iPhone maker reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.11. The company had revenue of $102.47 billion during the quarter, compared to the consensus estimate of $101.65 billion. Apple had a net margin of 26.92% and a return on equity of 164.05%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.64 EPS. On average, research analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 13th. Shareholders of record on Monday, November 10th were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple’s dividend payout ratio (DPR) is currently 13.92%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AAPL shares. Argus set a $325.00 price objective on shares of Apple and gave the stock a “buy” rating in a research note on Friday, October 31st. Tigress Financial raised their price target on Apple from $300.00 to $305.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, September 17th. Wedbush set a $350.00 price objective on Apple and gave the company an “outperform” rating in a research report on Monday, December 8th. Bank of America increased their price objective on Apple from $270.00 to $320.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $315.00 target price (up previously from $305.00) on shares of Apple in a research note on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Apple has a consensus rating of “Moderate Buy” and a consensus target price of $283.92.

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.